Railroad Fee of Texas (RRC) Commissioner Wayne Christian praised “document port exercise” and “rising oil manufacturing” within the state, a launch posted on the RRC’s web site just lately highlighted.
The discharge famous that, final month, the Port of Corpus Christi reported its strongest first quarter on document and that Diamondback Power introduced final week that it’s boosting exports and increasing drilling exercise in response to Iran associated provide disruptions.
Each of those “replicate shifting market circumstances and the continuing power of Texas oil manufacturing”, Texas oil and fuel regulator the RRC outlined within the launch.
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“The battle in Iran is a clear reminder of the world’s reliance on Texas oil and fuel,” Christian stated within the launch.
“When America and our allies want stability, Texas power is answering the decision. What we’re seeing proper now’s no accident. It’s the results of sustained funding in our drilling capability and world-class export infrastructure,” he added.
“Merely put, Texas leads the free world in power manufacturing as a result of we now have constructed the inspiration to take action,” he continued.
“As costs rise on the pump right here at house and overseas, the trail ahead is obvious: additional unleash Texas power,” he went on to state.
In a press release posted on its web site on April 15, the Port of Corpus Christi stated its prospects moved 54.5 million tons of commodities by the Corpus Christi Ship Channel within the first quarter of 2026, “marking the strongest first‑quarter efficiency within the Port’s historical past, surpassing the prior high-water mark of 54.0 million tons in This fall 2024”.
The primary quarter 2026 outcomes exceeded Q1 2025 by 3.2 million tons, or 6.1 %, the assertion highlighted.
In a letter to Diamondback stockholders issued on Could 4, the corporate’s CEO and Director Kaes Van’t Hof stated, “during the last yr, we now have spent extra time than ever discussing the macroeconomic surroundings with our stakeholders – a development we don’t count on to alter any time quickly”.
“Since our final stockholder letter simply 70 days in the past, the oil market has utterly flipped from a projected supply-demand surplus to a historic international deficit,” he added.
The Diamondback CEO outlined within the letter that entrance month oil costs had elevated by over 50 % and that the two-year oil strip had moved by over 20 %.
“We consider there’s a authentic supply-demand imbalance and that the related worth sign is the catalyst to start to develop manufacturing,” he stated.
“Due to our positioning, our preparation and this worth sign, we’re bringing incremental barrels to the market instantly,” he added.
“We’ve made the choice to start to work down our drilled however uncompleted properly steadiness to keep up our present manufacturing stage of over 520,000 barrels of oil per day – up three % from our unique 2026 steerage,” he continued.
“Diamondback is capturing the manufacturing response now and can subsequently backfill exercise to keep up our future operational flexibility,” he went on to state.
To execute this plan, the Diamondback CEO stated the corporate expects to run 5 completion crews constantly for the rest of the yr and so as to add two or three rigs “to protect a wholesome backlog of initiatives to keep up operational flexibility”.
Newest Manufacturing Figures
In a press release posted on its web site on Could 4, the RRC revealed its newest preliminary crude oil and pure fuel manufacturing figures.
The preliminary reported whole quantity of crude oil in Texas in February was 117,594,204 barrels, based on the assertion, which confirmed that the preliminary reported whole quantity of pure fuel within the state throughout the identical month was 965 billion cubic toes.
The RRC famous within the assertion that crude oil and pure fuel manufacturing for February got here from 154,393 oil wells and 83,679 fuel wells.
In its assertion, the RRC highlighted that crude oil manufacturing reported by the RRC is proscribed to grease produced from oil leases and doesn’t embody condensate, which the group stated is reported individually by the RRC. The RRC additionally identified within the assertion that preliminary figures are based mostly on manufacturing volumes reported by operators and stated they are going to be up to date as late and corrected manufacturing stories are obtained.
The RRC’s assertion confirmed that the up to date reported whole quantity of crude oil in Texas in February 2025 was 130,465,949 barrels. The preliminary reported whole quantity was 113,763,372 barrels, the assertion highlighted. It confirmed that the up to date reported whole quantity of pure fuel within the state got here in at 1.01 trillion cubic toes in February final yr. The preliminary reported whole quantity was 901 billion cubic toes, the assertion outlined.
In response to the RRC’s assertion, the county in Texas with the very best preliminary crude oil manufacturing determine in February 2026 was Martin, with 19.4 million barrels.
Midland ranked second, with 16.4 million barrels, Upton was third, with 8.4 million barrels, Loving was fourth, with 7.6 million barrels, Reagan was fifth, with 5.7 million barrels, Howard was sixth, with 5.2 million barrels, Reeves was seventh, with 5.0 million barrels, Karnes was eighth, with 4.4 million barrels, Andrews was ninth, with 4.3 million barrels, and Glasscock was tenth, with 3.8 million barrels, the RRC assertion confirmed
The county in Texas with the very best preliminary whole fuel manufacturing determine in February 2026 was Webb, with 85 billion cubic toes, the assertion revealed.
Reeves ranked second, with 80 billion cubic toes, Midland was third, with 68 billion cubic toes, Martin was fourth, with 59 billion cubic toes, Panola was fifth, with 53 billion cubic toes, Loving was sixth, with 51 billion cubic toes, Culberson was seventh, with 44 billion cubic toes, Reagan was eighth, with 36 billion cubic toes, Harrison was ninth, with 35 billion cubic toes, and Upton was tenth, with 33 billion cubic toes, the assertion highlighted.
The RRC outlined within the assertion that its whole fuel rating contains fuel properly fuel and casinghead figures.
The Texas RRC notes on its web site that it’s the state company with major regulatory jurisdiction over the oil and pure fuel business, pipeline transporters, pure fuel and unsafe liquid pipeline business, pure fuel utilities, the LP-gas business, vital pure fuel infrastructure, and coal and uranium floor mining operations.
The fee exists beneath provisions of the Texas Structure and workouts its statutory duties beneath state and federal legal guidelines for regulation and enforcement of the state’s power industries, the location provides, noting that the fee additionally has regulatory and enforcement duties beneath federal legislation together with the Floor Coal Mining Management and Reclamation Act, Protected Consuming Water Act, Pipeline Security Acts, Useful resource Conservation Restoration Act, and Clear Water Act.
To contact the writer, e-mail andreas.exarheas@rigzone.com
