Texas’ share of domestic oil production tops 30%

Wednesday, January 15th, 2014 and is filed under Oil and Gas Fun Facts

Texas Oil Production tops 30% of DomesticIn mid-2009, Texas was producing less than 20% of America’s domestic crude oil. The recent gusher of unconventional oil being produced in the Eagle Ford Shale and Permian Basin areas of Texas, thanks to breakthrough drilling technologies, has recently pushed the Lone Star State’s share of domestic crude oil above 30%.

Source: AEI Ideas

More Oil & Gas Quick Facts

If you are interested in oil & gas investment opportunities, click here.

© Copyright 2021 Aresco, LP. All rights reserved. Site by A3K Marketing. Admin Log in

Keep more of your money working for you.

Invest now for 2021 tax year write-offs.