The U.S. oil and natural gas industry set oil and natural gas production records in November.
Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S. history, according to U.S. Energy Information Agency data.
“Even with fewer rigs operating this year, productivity gains in regions like the Permian Basin and Eagle Ford Shale show the efficiency and innovation of Texas producers,” the Texas Oil & Gas Association states in a new quarterly perspective.
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Source: The Dallas Express
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