• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 1 min Oil prices going Up? NO!
  • 1 day Could Venezuela become a net oil importer?
  • 2 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 1 hour Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 1 day Gazprom Exports to EU Hit Record
  • 9 hours Could oil demand collapse rapidly? Yup, sure could.
  • 6 hours Oil prices going down
  • 1 day Oil Buyers Club
  • 2 days Why is permian oil "locked in" when refineries abound?
  • 7 hours Saudi Arabia turns to solar
  • 8 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 2 days EVs Could Help Coal Demand
  • 8 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 1 day Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 5 mins China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 1 day EU Leaders Set To Prolong Russia Sanctions Again
Alt Text

Russia Boosts Oil Production Before OPEC Meeting

Russia pumped almost 11.1 million…

Alt Text

Saudi Aramco Looks To Double Refining Capacity

Saudi Aramco looks to almost…

Alt Text

Canada’s Oil Crisis Is Far From Over

While the Canadian government has…

Ron Patterson

Ron Patterson

Ron Patterson is a retired computer engineer. He worked in Saudi Arabia for five years, two years at the Ghazlan Power Plant near Ras Tanura…

More Info

Trending Discussions

Texas RRC Oil and Gas Report, August Data

The Texas Rail Road Commission just released their oil and gas production report with the August data. As you probably know by now that this data is incomplete. The latest months will all turn down but as more companies report their data, which can be up to two years late, the data will reflect what is actually produced.

There is something strange about the August data however. This is the first time since last November that all four data sets, Crude, Condensate, Gas Well Gas and Casinghead (Associated) gas, are showing lower production than the previous month. So keeping in mind that the previous months data was just as incomplete as this months is, the data should, if production is increasing, still show an increase. This month however, it does not.

Related: 8 Reasons For Our Oil Price Predicament

All oil data is in barrels per day and all Gas data is in MCF per day with the last data point August 2013.

Texas RRC Crude Only

 The August crude only data was 124,723 bpd below July.

Texas RRC Condensate

Texas Condensate was moving up rather smartly until June of 2013. Since then it has been erratic. It is clear that Texas condensate production is not increasing very much and may now actually be declining. Texas condensate (incomplete data) dropped 41,175 bpd, July to August.

Texas RRC C+C and EIA Estimate

The EIA data in the above chart is only through July but the RRC data is through August. But it is interesting that the EIA has Texas C+C production increasing at either 46 or 47 thousand barrels per day ever since last September but in July dropped their guess to only 28 thousand barrels per day. It will be interesting to see what they estimate for August. Texas total C+C was down 165,898 bpd in the incomplete data for both months.

Texas RRC Associated Gas MCF

Texas associated gas had been showing a rather large jump from final month to the next final month until this month. I am sure that eventually August production will show an increase when all the data comes in, but it will not be nearly as great a monthly increase as it was in July.

Texas RRC Gas Well Gas

There is little doubt that Texas gas well gas has peaked. But the peak is due to the price of gas being so low. If gas prices were to increase to $6 to $8 per MCF we would likely see Texas gas well gas increase again. But we have always known that the price affects the production of both gas and oil. And this fact is clearly apparent in the production of Texas gas well gas. At any rate Texas gas well gas likely peaked back in November 2011.

Texas RRC Total Gas MCF

Texas total gas production may have not yet peaked. But I would not be surprised if June of 2013 or April of 2014 turns out to be the peak. Well that is unless gas prices go a lot higher in the next few years.

Related: Oil Shocks And The Global Economy

JODI WOrld C+C

The JODI oil numbers came in a few days ago. I thought it interesting that they show nothing much happening to World C+C production in almost 3 years.

JODI World Less USA

And just in case you were wondering what World C+C production would look like without the input from the US Shale Oil Patch.

By Ron Patterson

(Source: Peak Oil Barrel)

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment
  • Lynden on October 26 2014 said:
    Thanks for the data.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News