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Sep. 9—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for June 2024 came from 160,230 oil wells and 84,738 gas wells, a ...
Oct. 1—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for July 2024 came from 158,063 oil wells and 83,833 gas wells, a ...
By TXOGA's estimates for May 2024, Texas produced a record-high 5.7 mb/d of crude oil, plus 32.5 billion cubic feet per day (bcf/d) of natural gas marketed production and 3.5 mb/d of NGLs.
Texas is the largest state producer of both crude oil and natural gas, producing 41% of national crude oil production and 25% of national natural gas in 2019. The thirty oil refineries operating in January 2019 comprised 31% of national refining capacity. [1]
From 1995 to 2004, more than $2.75 billion was spent in Texas for film and television production. The Texas Film Commission was founded for free services to filmmakers, from location research to traveling. [43] Also many Hollywood studios are relocating parts of their production divisions to the Austin, Houston, and Dallas areas. [43]
Petroleum in Texas — oil and gas resources, extraction, production, distribution, and environmental issues in the state. Subcategories This category has the following 7 subcategories, out of 7 total.
The Railroad Commission regulates the Texas oil and gas industry and tallies production reports submitted by operators. — Oil production hit a record 1.92 billion barrels in 2023, which was 51 ...
In 1919, tax revenue from oil production surpassed $1 million ($17.6 million in today's terms) and in 1929 it reached $6 million ($106 million in today's terms). [34] [95] By 1940, the oil and gas industry accounted for approximately half of all taxes paid in the state. [55]