Texas production in October came from 181,637 oil wells, 91,812 gas wells Production for Oct. 2016 as reported to the Railroad Commission of Texas is 73,565,318 barrels of crude oil and 582,136,569 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators […]
Texas oil and gas production statistics for October 2016 Read More »
November natural gas production rebounds from Oct. lows as regional markets rebalance HOUSTON– Lower 48 US natural gas production rose slightly in Nov., averaging nearly 72.1 billion cubic feet per day in Nov., which reflects an increase of 1.6 per cent (1.1 Bcf/d) above the average in Oct., according to analysis from IHS Markit. The
US natural gas production experiences modest recovery in November Read More »
Texas rig count as of Nov. 4 was 262, representing about 46% of active rigs in US AUSTIN –– The Railroad Commission of Texas issued a total of 855 original drilling permits in Oct. 2016 compared to 822 in Oct. 2015. The Oct. total included 679 permits to drill new oil or gas wells, 10
Texas drilling permits, completions statistics for October 2016 Read More »
Up 300,000 b/d from Sept. and 5th consecutive monthly increase Oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose to another record, at 33.54 million b/d in Oct., according to survey of OPEC and oil industry officials by S&P Global Platts. Recoveries in strife-torn Libya and Nigeria significantly boosted the organization’s output and more
OPEC Oct. output sets new record of 33.54 million b/d -Platts Read More »
