In a launch posted on its web site not too long ago, the Texas Railroad Fee (RRC) revealed the highest 10 crude oil producing counties in Texas, ranked by preliminary manufacturing, for January 2024.
Midland ranked first, with 16.72 million barrels, adopted by Martin, with 16.32 million barrels, Upton, with 7.76 million barrels, Loving, with 5.92 million barrels, and Howard, with 5.86 million barrels, the discharge confirmed.
Karnes ranked sixth, with 5.48 million barrels, Reeves ranked seventh, with 4.33 million barrels, Reagan was eighth, with 4.19 million barrels, Andrews was ninth, with 3.79 million barrels, and Glasscock rounded out the highest 10, with 3.76 million barrels, the discharge revealed.
The discharge highlighted that the preliminary reported complete quantity of crude oil statewide in January 2024 was 111.12 million barrels. It identified that the common each day manufacturing was 3.58 million barrels.
The RRC’s launch outlined that Texas’ January 2023 preliminary reported complete quantity of crude oil was 111.61 million barrels and that the up to date reported complete quantity of crude oil for that month was 137.80 million barrels.
In a launch posted on its web site in April final yr, the RRC revealed the highest 10 crude oil producing counties in Texas, ranked by preliminary manufacturing, for January 2023.
That launch confirmed that Midland ranked first, with 17.22 million barrels, Martin ranked second, with 14.46 million barrels, Howard ranked third, with 8.57 million barrels, Upton ranked fourth, with 7.68 million barrels, and Karnes ranked fifth, with 6.05 million barrels.
The discharge highlighted that Glasscock got here in sixth, with 4.70 million barrels, Loving got here in seventh, with 4.47 million barrels, Andrews ranked eighth, with 4.05 million barrels, Reagan was ninth, with 4.02 million barrels, and Reeves ranked tenth, with 3.75 million barrels.
December 2023 Crude Oil Output
In a launch posted on its web site final month, the RRC revealed Texas’ high 10 crude oil producing counties, ranked by preliminary manufacturing, for December 2023.
That launch ranked Martin in first place, with 16.55 million barrels, Midland in second, with 16.47 million barrels, Howard in third, with 7.46 million barrels, Upton in fourth, with 6.87 million barrels, and Karnes in fifth, with 5.99 million barrels.
The discharge highlighted that Loving got here in sixth, with 4.65 million barrels, Reagan got here in seventh, with 4.10 million barrels, Glasscock ranked eighth, with 3.91 million barrels, Reeves was ninth, with 3.83 million barrels, and Andrews ranked tenth, with 3.32 million barrels.
The preliminary reported complete quantity of crude oil in Texas in December final yr was 110.72 million barrels, or a mean of three.57 million barrels per day, the RRC revealed in that launch.
The discharge additionally identified that Texas’ December 2022 preliminary reported complete quantity of crude oil was 104.36 million barrels and that the up to date reported complete quantity of crude oil for that month was 134.95 million barrels.
The RRC famous in its releases that crude oil manufacturing reported by the group is proscribed to grease produced from oil leases and doesn’t embrace condensate, which the RRC stated is reported individually by the group.
TIPRO Report
In its 2024 state of power report, the Texas Impartial Producers and Royalty Homeowners Affiliation (TIPRO) said that oil manufacturing in Texas reached a document 1.99 billion barrels in 2023.
“New Mexico had the second highest oil manufacturing with 662 million barrels, adopted by North Dakota with 433 million barrels produced, topic to revisions,” the report added.
TIPRO famous within the report that Texas had the best rig rely within the nation in 2023 with a mean of 356 lively rigs.
“The variety of rigs in Texas decreased from a excessive of 428 in January to 314 in December,” it added.
“New Mexico had the second highest rig rely within the nation and skilled a drop of seven rigs in the identical timeframe,” it continued.
TIPRO describes itself as one of many oldest and largest oil and pure fuel advocacy non-profit organizations within the state of Texas. TIPRO’s practically 3,000 members embrace small family-owned oil and fuel companies and the most important publicly traded unbiased producers, along with giant and small mineral estates and trusts, the group’s web site notes.
The RRC is the state company with main regulatory jurisdiction over the oil and pure fuel business, pipeline transporters, pure fuel and dangerous liquid pipeline business, pure fuel utilities, the LP-gas business, essential pure fuel infrastructure, and coal and uranium floor mining operations, the RRC’s web site states.
To contact the writer, electronic mail andreas.exarheas@rigzone.com