Tag: august
Texas oil and gas production statistics August 2016
Texas production in August came from 183,052 oil wells and 92,155 gas wells AUSTIN – Production for Aug. as reported to the Railroad Commission of Texas is 75,034,914 barrels of crude oil and 606,931,065 mcf of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators and […]
US petroleum demand rises in August, highest since 2007 – API
August crude oil stocks ended at 515.1 million barrels–highest inventory level in 96 years, since 1920 WASHINGTON – Total petroleum deliveries in Aug. moved up by 1.6 per cent from Aug. 2015 to average 20.1 million barrels per day. These were the highest Aug. deliveries in nine years, since 2007. “When petroleum demand grows it’s […]
Permian Basin leads as US natural gas production up 1.4% in August – IHS Markit
South Texas production continues to struggle as drilling activity rotates out of Eagle Ford formation and into Permian Basin HOUSTON – US natural gas production levels in the lower 48 states increased by about 1.4 percent in Aug. 2016 compared to July levels, according to analysis from IHS Markit. This marks the second month in a […]
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