DENVER, March 11 (Reuters) - U.S. oil production will

peak between 2027 and 2030, Occidental Petroleum Corp ( OXY )

CEO Vicki Hollub said on Tuesday at the CERAWeek conference in

Houston, Texas.

Her outlook follows U.S. President Donald Trump vowing to

bolster fossil fuel production in the U.S. and lower prices for

consumers.

ConocoPhillips CEO Ryan Lance echoed Hollub's

outlook in an earlier conference panel on Tuesday. He

anticipates U.S. oil output will plateau by the end of this

decade.

U.S. oil production is expected to average a record 13.59

million barrels per day in 2025 and rise to 13.73 million bpd

next year, according to the U.S. Energy Information

Administration.

Output growth has slowed in recent years, particularly

as Wall Street has pushed operators to focus on shareholder

returns and discipline instead of uninhibited drilling.

Occidental on Tuesday said it is aiming to grow output

from conventional wells, which make up about a third of its

total production.