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Meteoric Rise in Texas Oil Production – Record High in September

4 December 2013

Texas Oil Prod Graph Dec 4 2013

According to economist, Mark J. Perry, a professor at the University of Michigan’s School of Management, Texas’ oil production rate has increased by more than 25% year-over-year for the last 29 months.  This September, the state produced 2.7 million barrels of crude per day and reached a new highest monthly average since January 1981.   Experts attribute this growth to the surge in production in South Texas’ Eagle Ford Shale and West Texas’ Permian Basin.


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