Texas oil and gas production statistics for March 2016

Texas March 2016 crude oil production averaged 2,506,539 b/d, compared to 2,309,237 b/d of March 2015

AUSTIN, Texas – As American crude oil production drops in response to low prices and declining exploration, Texas bucked the trend by increasing March output compared to a year ago.

Production for March 2016 as reported to the Railroad Commission of Texas was 77,702,710 barrels of crude oil and 638,377,189 mcf of total gas from oil and gas wells.

The preliminary figures are based on production volumes reported by operators and will be updated as late and corrected production reports are received, the Railroad Commission said in a press release.

Production reported to the Commission for the same time period last year, March 2015, was: 71,586,361 barrels of crude oil preliminarily, updated to a current figure of 94,679,431 barrels; and 614,349,192 mcf of total gas preliminarily, updated to a current figure of 750,685,570 mcf.

The Commission reports that in the last 12 months, total Texas reported production was 1.024 billion barrels of crude oil and 8.4 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 March 2016 crude oil production averaged 2,506,539 barrels daily, compared to the 2,309,237 barrels daily average of March 2015.

Texas preliminary March 2016 total gas production averaged 20,592,813 mcf a day, compared to the 19,817,716 mcf daily average of March 2015.

Texas production in March 2016 came from 184,772 oil wells and 94,205 gas wells.

TABLE 1 – MARCH 2016 TEXAS TOP TEN CRUDE OIL PRODUCING COUNTIES RANKED BY PRELIMINARY PRODUCTION

TABLE 2 – MARCH 2016 TEXAS TOP TEN TOTAL GAS (GAS WELL GAS & CASINGHEAD) PRODUCING COUNTIES RANKED BY PRELIMINARY PRODUCTION

TABLE 3 – MARCH 2016 TEXAS TOP TEN TOTAL CONDENSATE PRODUCING COUNTIES RANKED BY PRELIMINARY PRODUCTION