Shootin’ tootin’ crude! Texas’ record oil production

TEXAS – Texas has reported that it produced oil at a record rate in September, more than doubling the rate of less than three years ago, according to the U.S. Energy Information Administration.

The totals show Texas produced crude oil at the rate of 2.7 million barrels per day during September, the highest average since federal officials began keeping monthly records in January 1981 and a 30 percent increase over September 2012.

That still fell short of the record rate of 3.4 million barrels per day reported to the Texas Railroad Commission in 1972, when the state’s oil production peaked.

Leading the way in the new Texas oil boom have been the Eagle Ford Shale in South Texas and the Permian Basin in West Texas, which each saw production rapidly expand to more than 1 million barrels of crude per day. Texas accounted for 35 percent of the U.S. crude oil production in September.

That ranks Texas as one of the world’s 15 biggest oil producers, comparable to such producers as Venezuela, Kuwait and Nigeria.

Read more at the Houston Chronicle.