Texas Oil Production Hits 2.16 Million - June 2014

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Pump Jack Image

This week, the Texas Railroad Commission (RRC) reported state-wide crude oil production of 2.16-million b/d in June, 2014. That's less than a 1% increase from the previous month, but 29% from the same time in 2013.

Most of the state's oil production in June came from the Eagle Ford Shale and West Texas' Permian Basin. The U.S. Energy Information Administration (EIA) predicts the Eagle Ford Shale will produce 1.51-million b/d crude oil in Sept., 2014. That’s an increase of ~31,000b/d over August’s expected production (1.48-million b/d).

Read more: EIA: Eagle Ford Oil Production Will Hit 1.5-Million b/d - Sept. 2014

Five of the top ten oil producing counties were in the Eagle Ford, and four of those led state-wide production by county for the month:

  • Karnes - 204,500 b/d
  • La Salle - 155,283 b/d
  • De Witt - 140,323 b/d
  • Gonzales - 110,598 b/d

Drilling Permits Issued in Texas

Drilling state-wide continues to grow. The RRC issued 2,419 state-wide drilling permits in July, which was an 11% increase from the previous month. Approximately 91% of permits issued in June were for new oil and gas wells. The highest number of permits issued by RRC district was in the San Antonio area (377 permits).

Across the state, natural gas production was also on the rise in June. Texas produced 603 million Mcf of gas during the month, which represents a 9% increase from the same time last year.

Read more at rrc.state.tx.us