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U.S. oil production rose to 10.4 million bpd in June: EIA – Reuters

NEW YORK (Reuters) – U.S. oil production rose in June, but did not fully recover from a dramatic plunge in May, according to a government report on Monday. U.S. oil output rose 420,000 barrels per day in June to 10.436 million barrels a day, the U.S. Energy Information Administration said in a monthly report on […]

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How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times

Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the world’s second most productive. MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even […]

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Forecaster: Houston economy has recovered from downturn – HoustonChronicle.com

The Houston economy has largely recovered from the two-year oil downturn that began in 2014 and economic indicators suggest solid growth ahead for the region, according to analysis by a University of Houston economist. The local economy, after struggling in recent years, is again adding jobs at a strong pace, supported by oil prices above […]

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Responding to a Misleading Narrative on Texas Oil Exports – Texans for Natural Gas

Responding to a Misleading Narrative on Texas Oil Exports Thursday, October 11, 2018 Texans For Natural Gas | October 11, 2018 Fact check: Sensational, misleading media story that claims Permian Basin energy development is “threatening the planet” is chock full of inaccuracies, features debunked activist claims, and was co-authored by an organization funded by “Keep […]

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Study: Methane in North Texas Groundwater Is Unrelated to Fracking – Texans for Natural Gas

Texans For Natural Gas | September 25, 2018 For nearly a decade, anti-fracking groups have tried to link methane in North Texas groundwater supplies to Barnett Shale development. But a new peer-reviewed study has effectively debunked that claim. Researchers at the University of Texas at Austin and the University of Michigan recently published their fifth and final study as […]

Read More Study: Methane in North Texas Groundwater Is Unrelated to Fracking – Texans for Natural Gas

With pipelines full, oil and gas companies turning to trucks, rail | Houston Chronicle

Oil producers in the Permian Basin, dealing with a shortage of pipelines, are increasingly turning to trucks and rail to ship the flood of crude from the West Texas oil field to refineries and export terminals on the Gulf Coast. These transportation shifts are driven by two simple math problems. First, crude oil production in […]

Read More With pipelines full, oil and gas companies turning to trucks, rail | Houston Chronicle

Chart of the Day: Oil Output in Texas v. Venezuela, 1994-2018 – Texans for Natural Gas

Chart of the Day: Oil Output in Texas v. Venezuela, 1994-2018 Wednesday, August 29, 2018 SHARE TWEET Mark J. Perry | AEI | August 24, 2018 Remarkably, just the oil production coming out of the Permian Basin region in West Texas has exceeded Venezuela’s entire output in every month since January of last year. The […]

Read More Chart of the Day: Oil Output in Texas v. Venezuela, 1994-2018 – Texans for Natural Gas