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Texas April Oil, Gas Production Up From Year-Ago Levels

Texas oil and gas production during April was up from year-ago levels, according to preliminary figures compiled by the Railroad Commission of Texas (RRC).

April preliminary crude production averaged 2.04 million b/d (61.30 million bbl for the month), up from 1.61 million b/d (48.22 million bbl for the month) one year ago. The state's oil and gas wells produced 562.82 Bcf of gas during April based on preliminary figures, which is up from 538.66 Bcf one year ago. April production averaged 18.76 Bcf/d. Production came from 160,934 oil wells and 87,809 gas wells.

Estimated final production for April is 72.63 million bbl of crude oil and 493.09 Bcf of gas well gas. RRC derived final production numbers by multiplying preliminary April production totals of 61.30 million bbl of crude oil and 430.19 Bcf of gas well gas by an adjustment factor of 1.1848 for crude oil and 1.1462 for gas well gas. Production totals do not include casinghead gas or condensate.

The state's average rig count as of June 20 was 886, representing about 50% of all active land rigs in the United States. In the last 12 months, total Texas reported production was 770 million bbl of oil and 7.8 Tcf of natural gas.

For May, operators reported 2,057 oil, 323 gas, 78 injection and 12 other well completions, compared to 2,395 oil, 521 gas, 62 injection and 10 other completions for the year-ago period. Well completions year to date are 13,729, up from 10,427 during the year-ago period.

During May the commission issued 2,389 original drilling permits, up from 1,931 in May 2013. The most recent total included 2,160 permits for new oil and gas wells, 51 to re-enter existing well bores and 178 for recompletions. May permits included 698 for oil, 129 for gas, 1,505 for oil and gas 46 for injection wells, one for a service well and 10 other permits.

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