by David Rachovich
Texas Field Production of Crude Oil, Jan 2007-Jul 2012 (thousand
barrels per day)
Year
|
Jan
|
Feb
|
Mar
|
Apr
|
May
|
Jun
|
Jul
|
Aug
|
Sep
|
Oct
|
Nov
|
Dec
|
2007
|
1,057
|
1,078
|
1,080
|
1,082
|
1,072
|
1,058
|
1,058
|
1,063
|
1,069
|
1,071
|
1,083
|
1,087
|
2008
|
1,094
|
1,104
|
1,114
|
1,113
|
1,109
|
1,097
|
1,110
|
1,110
|
1,055
|
1,125
|
1,141
|
1,133
|
2009
|
1,132
|
1,125
|
1,118
|
1,110
|
1,088
|
1,071
|
1,062
|
1,066
|
1,080
|
1,080
|
1,100
|
1,089
|
2010
|
1,098
|
1,120
|
1,136
|
1,136
|
1,144
|
1,142
|
1,155
|
1,169
|
1,193
|
1,219
|
1,251
|
1,284
|
2011
|
1,291
|
1,234
|
1,342
|
1,354
|
1,401
|
1,407
|
1,438
|
1,485
|
1,531
|
1,590
|
1,650
|
1,681
|
2012
|
1,711
|
1,764
|
1,787
|
1,847
|
1,864
|
1,900
|
1,925
|
Source: U.S. Energy Information
Administration (EIA), Sep 27, 2012. Update: EIA, Oct 30, 2012 for Aug 2012
(Texas crude oil production increased until 1972, when it peaked at 3.452 million barrels a day. Afterward, production declined rapidly, and in the early 2000s Texas crude oil output has fallen to less than one-third of its 1972 peak. Growing production from shale formations is helping fuel a renaissance in Texas crude. Texas produced 1.9 million barrels a day in June 2012, the highest monthly level since April 1991. Oil production in the Eagle Ford shale formation of southern Texas reached 310,370 barrels a day in July 2012, according to preliminary data from the Texas Railroad Commission. That’s up from a 120,532 barrels a day in July 2011---please see Bloomberg, Sept 21, 2012 -- D.R)
(Texas crude oil production increased until 1972, when it peaked at 3.452 million barrels a day. Afterward, production declined rapidly, and in the early 2000s Texas crude oil output has fallen to less than one-third of its 1972 peak. Growing production from shale formations is helping fuel a renaissance in Texas crude. Texas produced 1.9 million barrels a day in June 2012, the highest monthly level since April 1991. Oil production in the Eagle Ford shale formation of southern Texas reached 310,370 barrels a day in July 2012, according to preliminary data from the Texas Railroad Commission. That’s up from a 120,532 barrels a day in July 2011---please see Bloomberg, Sept 21, 2012 -- D.R)
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