Here is what the Fact Check says about those claims:  We think Obama’s phrasing suggests that he thinks the administration’s policies have played a role, saying, for instance, that "over the last three years, we’ve opened millions of new acres for oil and gas exploration." But we also think he does so cautiously.

Our ruling

Obama was correct when he said that "right now, American oil production is the highest that it’s been in eight years." We think he may have overstated his administration’s role in achieving that, but not wildly so. We rate the claim Mostly True. 

http://www.politifact.com/truth-o-meter/statements/2012/jan/24/barack-obama/barack-obama-says-us-oil-production-eight-year-hig/

Now, let me go to Brchad’s response to your post he is claiming that all the credit for oil production goes to previous administration and most production comes from the private land.  I would say; DAH!  Brchad and few others will give credit to Bush for the current oil production but they will also give all the credit to Obama for the job losses or the national debt.  If most of the production were to come from public land then they would call the government a socialist government.  Here are the facts about public versus private land:

An Associated Press computer analysis of Bureau of LandManagement records found that 80 percent of federal lands leased for oil and gas production in Wyoming are producing no oil or gas. Neither are 83 percent of the leased acres in Montana, 77 percent in Utah, 71 percent in Colorado, 36 percent in New Mexico and 99 percent in Nevada.  http://www.msnbc.msn.com/id/5111184/ns/us_news-environment/t/most-oil-leases-public-lands-go-unused/#.T5gbYqumgrU 

So, in other words oil companies are screwing with Americans, with our government while asking for hand outs and more tax benefits while giving us the finger, while having people like Brchad doing the lying war on their behalf.  Because those people are brainwashed to think that this government, this president is not theirs.  The president is not American and brainwashed people are in a war with their own commander in chief…  Sad but true!

What kind of an answer would you expect from Brchad or few others here, who can only see the events from their warped political views and their measuring stick will get longer or shrink to none based on whom they are using this measuring stick on?  In other words, to me those people are brainwashed and no longer can see or accept facts, other than what their ideology tells them to believe.  So, their opinion does not mean much to me.  I hope you also take their opinions with a grain of salt.