Texas Oil and Gas Production Statistics for August 2018

AUSTIN October 29, 2018 - Production for August 2018 as reported to the Railroad Commission of Texas (Commission) is 90,367,988 barrels of crude oil and 616,160,091 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 August 2017 was: 75,178,929 barrels of crude oil preliminarily, updated to a current figure of 90,688,861 barrels; and 583,794,409 mcf of total gas preliminarily, updated to a current figure of 675,733,319 mcf.

The Commission reports that from September 2017 to August 2018, total Texas reported production was 1.186 billion barrels of crude oil and 8.2 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 August 2018 crude oil production averaged 2,915,096 barrels daily, compared to the 2,425,127 barrels daily average of August 2017.

Texas preliminary August 2018 total gas production averaged 19,876,132 mcf a day, compared to the 18,832,078 mcf daily average of August 2017.

Texas production in August 2018 came from 180,386 oil wells and 89,819 gas wells.

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