Texas oil and natural gas regulators have surpassed legislative targets for fiscal year (FY) 2023, which included plugging 75% more orphaned wells than required with the support of federal funding. The Texas legislature sets annual targets for the Railroad Commission of Texas (RRC) to carry out a certain number of pipeline inspections and wellhead inspections,…
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Texas Natural Gas Production Continued Four-Month Slide in January
Texas natural gas production in January dropped to the lowest point since February 2021 as both well production and associated gas from oil wells in the Permian Basin counties shrank, according to preliminary data from the Railroad Commission of Texas (RRC). The state’s gas production during January was estimated at 845 Bcf, or 27 Bcf/d,…
April 11, 2023
ERCOT Says Uri-Proofed for Winter, but Crypto Migration Adds ‘Significant Demand’
Following “aggressive grid management planning,” the Texas electrical grid is prepared to meet the winter 2022-2023 forecast peak demand of nearly 67.4 GW, the Energy Reliability Council of Texas (ERCOT) said. ERCOT late last month released its Seasonal Assessment of Resource Adequacy (SARA) report, in which it detailed the 87.3 GW of resources that are…
December 12, 2022
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