Texas Hydrocarbon Industry at a Glance

(Editors at Energy Analytics Institute, 30.Jan.2024) — Texas is a major crude oil and natural gas producing state. Such that in calendar year 2023 its oil production represented 43% of the total US oil production, while its gas production represented 28% of the total US gas production, according to data compiled from the Energy Information Administration (EIA), the Texas Railroad Commission (TXRRC) and Texas Oil & Gas Association (TXOGA).

In 2023, to be exact, follows: total US oil production was 12.6 MMb/d and total US gas production was 113 Bcf/d, of which Texas oil production was 5.5 MMb/d and Texas marketed gas production was 31.8 Bcf/d.

Other important facts about Texas in 2023 follow:

— Miles of Texas pipelines: 489,657

— Percentage of total US refining capacity: 34%

— Crude oil production top 10 rank if Texas were a country:

  1. US
  2. Russia
  3. Saudia Arabia
  4. Texas
  5. Canada
  6. Iraq
  7. China
  8. Brazil
  9. United Arab Emirates (UAE)
  10. Iran

— Top 5 oil producing states:

  1. Texas
  2. New Mexico
  3. North Dakota
  4. Colorado
  5. Oklahoma

— Top 5 gas producing states:

  1. Texas
  2. Pennsylvania
  3. Louisiana
  4. West Virginia
  5. New Mexico

The Texas oil and gas industry employed 480,176 Texans in fiscal year 2023, according to the Energy & Economic Impact Report 2023 of the TXOGA.

Of which, Texas oil and gas employees by sector include the following:

Supply activities for oil and gas operations = 108,682

Gasoline stations with convenience stores = 82,355

Crude petroleum extraction = 48,505

Oil and gas pipeline and related structures construction = 45,736

Oil and gas field machinery and equipment = 30,625

Drilling oil and gas wells = 25,681

Petroleum merchant wholesalers = 20,566

Pipeline transportation = 20,210

Petrochemical manufactoring = 17,302

Petroleum refineries = 16,774

Other gasoline stations = 13,268

Natural gas extraction = 11,994

Plastic material and resin manufacturing = 11,068

Natural gas distribution = 8,684

All other basic organic chemical manufacturing = 8,626

Industrial sand mining = 3,018

Fuel dealers = 2,994

Asphalt paving, roofing, and saturated materials manufacturing = 2,705

Fertilizer manufacturing =998

Petroleum lubricating oil and grease manufacturing = 448

TOTAL = 480,176

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By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights Reserved.

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