Texas production in July came from 183,260 oil wells and 92,238 gas wells AUSTIN –– Production for July 2016 as reported to the Railroad Commission of Texas (Commission) is 75,496,802 barrels of crude oil and 611,028,291 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production […]
Texas oil and gas production statistics for July 2016 Read More »
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
Permian Basin leads as US natural gas production up 1.4% in August – IHS Markit Read More »
Worldwide rig count for July was 1,481, up 74 from the 1,407 counted in June Aug 5 (Reuters) – U.S. drillers this week added oil rigs for a sixth consecutive week, according to a closely followed report on Friday, despite crude prices falling to April lows below $40 a barrel this week. Some producers are
July 2016 rig count up 32 from June – Baker Hughes Read More »
