Texas Oil and Gas Production Statistics for January 2017

AUSTIN, April 3, 2017 - Production for January 2017 as reported to the Railroad Commission of Texas (Commission) is 75,331,644 barrels of crude oil and 608,396,818 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators and will be updated as late and corrected production reports are received. Production reported to the Commission for January 2016, was: 76,063,179 barrels of crude oil preliminarily, updated to a current figure of 89,235,660 barrels; and 612,602,068 mcf of total gas preliminarily, updated to a current figure of 710,771,614 mcf.

The Commission reports that February 2016 to January 2017, total Texas reported production was 976 million barrels of crude oil and 8.0 trillion cubic feet of total gas. Crude oil production reported by the Commission is limited to oil produced from oil leases and does not include condensate, which is reported separately by the Commission.

Texas preliminary January 2017 crude oil production averaged 2,430,053 barrels daily, compared to the 2,453,651 barrels daily average of January 2016.

Texas preliminary January 2017 total gas production averaged 19,625,704 mcf a day, compared to the 19,761,357 mcf daily average of January 2016.

Texas production in January 2017 came from 166,839 oil wells and 91,847 gas wells.

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