Texas Oil and Gas Production Declining

The Texas RRC Oil and Gas Production Data is out. This data is  always incomplete. But we can get some idea of what the trend is by comparing it with previous months. This is what I have done in the charts below. If the latest months data is below the previous months data then the trend is down. But if the latest months (incomplete) data is above the previous months (incomplete) data the trend is up.

All RRC data is through November 2015 but the EIA data is only through October. The oil data is in barrels per day.

Texas C+C

The trend is definitely down. The scale makes it difficult to gauge the month to month change but I have the exact month to month change here in barrels per day. Of course this only gives you a general idea of what is happening. The final change could be either less or greater than the numbers indicate here. But the EIA data should be very close.

Jun. to Jul.  7,245
Jul. to Aug. -63,827
Aug. to Sep. 34,507
Sep. to Oct. -33,486
Oct. to Nov. -52,802
Jun. to Nov. -108,363

EIA Dec. to Oct. -121,000

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Texas RRC Oil and Gas Production

The Texas RRC Oil and Gas production data is out. All the RRC data below is through October 2015 and all the EIA data below is through September 2015.

Important: All the Texas RRC data is incomplete, especially the latter months. They will be revised upward as the Texas RRC gathers more data. The EIA data is what the EIA expects the final data will look like.

Texas C+C

The RRC Crude + Condensate data for October shows a slight decline in October. The EIA says Texas C+C was flat, August to September.

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Texas RRC Oil and Gas Production Data

The Texas RRC Production Data is out. There appear to be no big surprises this month. All RRC data is through September but the EIA data is only through August.

Note: For all those not familiar with the Texas Railroad Commission data it is always incomplete. That is the reason for the drooping data lines you see in the charts. The EIA data is what they believe the final estimate will be.

Texas C+C

Final month production was just a little higher in September than August. That usually indicates a small uptick in production. But the data is so incomplete it is hard to tell.

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