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Texas oil, gas production wane in December 2018 following month of recovery

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Texas oil, gas production wane in December 2018 following month of recovery

Texas natural gas and oil production both declined in December 2018 compared to the previous month, the state Railroad Commission reported March 8.

Texas wells produced 647.32 Bcf of natural gas in December, or 20.88 Bcf/d, according to preliminary production reports. That lagged behind November's preliminary average of 21.2 Bcf/d. December 2017's preliminary production report was 16.60 Bcf/d.

The commission reported December preliminary oil production of 90.2 million barrels, or 2.9 million barrels per day, up from 3.0 million bbl/d in November. December 2017 saw 2.5 million bbl/d on a preliminary basis.

Webb County was the state's largest gas producer in December, with preliminary production of 56.95 Bcf. Reeves County produced the second-largest amount, reporting 42.67 Bcf.

Midland County was the state's largest oil producer in December, with a preliminary total of 11.6 million bbl. Karnes County came in second, with 8.0 million bbl.