Business Briefs
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The Texas Railroad Commissioner is reporting August 2021 crude oil and natural gas production, which came from 163,332 oil wells and 86,329 gas wells. The RRC reports that from Sept. 2020 to Aug. 2021, total Texas reported production was 1.4 billion barrels of crude oil (not including condensate, which is reported separately) and 10.2 trillion cubic feet of total gas. Preliminary reported volume for crude oil was 111,620,063 bbls, compared to the updated total volume of 122,013,767 bbls in August 2020. Preliminary volume for natural gas was 822,692,289 mcf, compared to 883,110,237 Mcf in August 2020. Preliminary figures are based on production volumes reported by operators and will be updated as late and corrected production reports are received.