Texas Update, August 2017

25 Aug 2017   Oil Supply

Dean Fantazzini has provided his latest estimates for Texas Oil and Natural Gas output. Data below is for Texas C+C estimates in kb/d. Data below is for Texas Natural Gas in billions of cubic feet per day (BCF/d). All data uses all vintage data for the correction factors and 3 months uses only the average of the correction factors for the most recent 3 months. The chart below shows how the correction factors have changed over time, the average of these correction factors for T to T-11 are found for all vintage data (all shown in chart), most recent 3 months, and most recent 12 months and compared with EIA data. The average correction factor is added to the most recent Texas RRC reported output data. For the current report T= June 2017, T-1= May 2017, etc. The actual estimate in the first chart shown above uses Data for […]

Comments are closed.