Crude Texas Oil and Gas Production as reported to the Railroad Commission of Texas (RRC) for March 2019 came from 174,582 oil wells and 89,335 gas wells.
The Railroad Commission of Texas (RRC) has recently released its report for the period from April 2018 to March 2019, providing valuable insights into the state’s energy production. According to the report, Texas recorded an impressive production of 1.345 billion barrels of crude oil and 8.9 trillion cubic feet of total gas during this time frame. It is important to note that the RRC’s reported crude oil production figures are limited to oil extracted from oil leases and do not encompass condensate, which is separately accounted for by the RRC.
The substantial production figures highlight Texas’s robust energy sector and its significant contribution to the nation’s overall oil and gas supply. The state’s oil industry has been a key driver of economic growth, attracting investments and creating job opportunities. With its vast reserves, advanced drilling technologies, and favorable regulatory environment, Texas has emerged as a global energy powerhouse. The RRC’s report underscores the importance of accurately tracking and reporting the state’s crude oil production, providing stakeholders with essential data to make informed decisions and monitor the industry’s performance.
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Source: RAILROAD COMMISSION OF TEXAS
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