Texas Oil and Gas Production Statistics for October 2018

AUSTIN December 27, 2018 - Production for October 2018 as reported to the Railroad Commission of Texas (Commission) is 89,719,771 barrels of crude oil and 601,079,149 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 October 2017, was: 75,645,972 barrels of crude oil preliminarily, updated to a current figure of 99,667,957 barrels; and 540,197,160 mcf of total gas preliminarily, updated to a current figure of 709,552,593 mcf.

The Commission reports that from November 2017 to October 2018, total Texas reported production was 1.24 billion barrels of crude oil and 8.3 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 October 2018 crude oil production averaged 2,894,186 barrels daily, compared to the 2,440,193 barrels daily average of October 2017.

Texas preliminary October 2018 total gas production averaged 19,389,650 mcf a day, compared to the 17,425,715 mcf daily average of October 2017.

Texas production in October 2018 came from 179,119 oil wells and 90,915 gas wells.

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