Month: April 2017

Dean Fantazzini recently updated his estimates for Texas Oil and Natural gas. Data from the Texas Railroad Commission has improved so correction factors are smaller, the estimates from Dean now match the estimates by the US EIA fairly closely for Crude plus condensate (C+C) produced in Texas.
There was a noticeable change in the Texas data about 6 months ago so I show an estimate based on the correction factors from the previous 6 months. Dean prefers to show an estimate based on all the data (which he has done for many months) and an estimate based on the most recent 3 months of data (which has been presented more recently). The EIA estimate is more consistent with the 3 month or 6 month estimate with the “all vintage data” estimate being somewhat higher.

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