Texas Oil and Gas Decline in August

The Texas RRC Oil and Gas Production Data with production data for August is out. 

Texas C+C

The RRC data is always incomplete but if this month’s incomplete data is less than last month’s incomplete data then that’s a pretty good indicator that production this month is down.

The EIA data here is only through July. They have Texas production peaking in March at 3,644,000 barrels per day and declining by 197,000 bpd to 3,447,000 bpd in July.

Read More