Tag: Texas RRC

Texas RRC February Production

Ron Patterson 340 Comments

The Texas Railroad Commission has released its  incomplete production data for February.  The RRC also estimates final production but that data has not been posted yet.

All Texas RRC data is through February. The EIA data is through January.

Texas C+C

It looks like, after the final Texas data comes in, that February crude oil will be above January production but still below December production. It is my best guess that Texas production will be down about 80,000 barrels per day in January and up about 50,000 bpd in February or about 30,000 bpd below December production.

Texas Crude Only

I always post the last six months data just so we can get some idea of the general trend. You can see the general trend is up until January when it took a huge hit and only partially recovered in February.

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EIA Short-Term Energy Outlook + Texas

Ron Patterson 429 Comments

The EIA has released their latest Short-Term Energy Outlook. Below I compare the EIA’s ever changing outlook for future oil production. The STEO charts below are total liquids and are in million barrels per day.

STEO April

The EIA increased their December 2014 all liquids estimate but dramatically decreased their January 2015 estimate. The EIA now says US total liquids production declined by 480,000 barrels per day in January. 

STEO April NO

The EIA still believes non-OPEC total liquids production will take off but not until 2016. They have non-OPEC liquids reaching a new high in December but dropping almost one million barrels per day in January and not reaching that December high again until July of 2016.

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Texas RRC Report and Other Peak Oil News

Ron Patterson 499 Comments

The Texas Rail Road Commission has released its latest stats with production numbers through January. There is always a delay in these numbers and that is why you see the production graph lines seem to droop toward the recent months. Because of this I post six months data so the data can be compared in order to gain a better insight into which way production is heading.

All Texas oil and gas data is through January. The Oil data is in barrels per day and the gas data is in MCF.

Texas Condensate

Texas condensate will likely show a small gain when the data is finally in. Either way it will not be enough to make much difference in the final C+C January production.

Texas Crude Only

I believe Texas crude only will be down in January. This shows a huge decline from the December incomplete data. The EIA data is through December only.

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Texas RRC oil and Gas Production Data

Ron Patterson 514 Comments

The Texas Railroad Comission has released their oil and gas production data for November. As most of you know, the Texas RRC data is always incomplete. Some data is updated immediately but the rest trickles in slowly, sometimes taking many months to years to complete. Nevertheless we can glean some indication of what is happening from what data is reported. That is, if production is increasing, then the incomplete month to month data should be increasing. And it is, but very slowly.

The last data point in all charts below is November 2014 and the oil is in barrels per day.

Texas RRC Crude Only

Texas crude only is still increasing but the increase rate seems to be slowing down.

Texas RRC Condensate

It is rather hard to tell what condensate is doing but the rate if increase, if any, seems to be slowing.

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Texas RRC November Production Report

Ron Patterson 271 Comments

The Texas RRC Data Base came out a few days ago. The data is reported through September but of course it is incomplete. The data from the field comes in very slow in Texas and the RRC only reports the data they receive. All data is through September and is in barrels per day.

Texas Crude Only

Crude only has shown a slight downward trend for the last two months. After revision, when the final data comes in, production will likely still be up slightly but if this is any indication, it will be up less than in months past.

Texas Condensate

Texas condensate production started a dramatic slowdown in June of 2013. It actually declined three months in a row, June, July and August of 2013 but then started to recover. But production growth has slowed since that date.

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