{"id":16628,"date":"2016-01-18T11:53:05","date_gmt":"2016-01-18T16:53:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16628"},"modified":"2016-01-18T11:53:05","modified_gmt":"2016-01-18T16:53:05","slug":"texas-oil-and-gas-production-declining","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16628","title":{"rendered":"Texas Oil and Gas Production Declining"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/texas-oil-and-gas-production-declining\/#more-11252\" target=\"_blank\">Texas Oil and Gas Production Declining<\/a><\/h3>\n<div class=\"entry-meta\">The\u00a0<a href=\"http:\/\/webapps.rrc.state.tx.us\/PDQ\/generalReportAction.do\">Texas RRC Oil and Gas Production Data<\/a>\u00a0is out. This data is \u00a0always incomplete. But we can get some idea of what the trend is by comparing it with previous months. This is what I have done in the charts below. If the latest months data is below the previous months data then the trend is down. But if the latest months (incomplete) data is above the previous months (incomplete) data the trend is up.<\/div>\n<\/header>\n<div class=\"entry-content\">\n<p>All RRC data is through November 2015 but the EIA data is only through October. The oil data is in barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11253\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-CC.png\" sizes=\"auto, (max-width: 856px) 100vw, 856px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-CC-300x154.png 300x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-CC-768x395.png 768x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-CC.png 856x\" alt=\"Texas C+C\" width=\"856\" height=\"440\" \/><\/p>\n<p>The trend is definitely down. The scale makes it difficult to gauge the month to month change but I have the exact month to month change here in barrels per day. Of course this only gives you a general idea of what is happening. The final change could be either less or greater than the numbers indicate here. But the EIA data should be very close.<\/p>\n<p>Jun. to Jul. \u00a07,245<br \/>\nJul. to Aug. -63,827<br \/>\nAug. to Sep. 34,507<br \/>\nSep. to Oct. -33,486<br \/>\nOct. to Nov. -52,802<br \/>\n<strong>Jun. to Nov. -108,363<\/strong><\/p>\n<p><strong>EIA Dec. to Oct. -121,000<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11256\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Dean-CC.gif\" alt=\"Dean C+C\" width=\"785\" height=\"516\" \/><\/p>\n<p>Dr. Dean Fantazzini has developed an\u00a0algorithm that gives a very close estimate of what the final data will look like. His data and the EIA data track each other pretty close.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11257\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Crude-Only.png\" sizes=\"auto, (max-width: 848px) 100vw, 848px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Crude-Only-300x156.png 300x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Crude-Only-768x399.png 768x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Crude-Only.png 848x\" alt=\"Texas Crude Only\" width=\"848\" height=\"441\" \/><\/p>\n<p>Crude only has had the lions share of the decline, the incomplete data is down 91,000 bpd since June.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11255\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Dean-Oil.gif\" alt=\"Dean Oil\" width=\"785\" height=\"516\" \/><\/p>\n<p>Dr. Dean Fantazzini\u2019s corrected data indicates that crude only will actually be down about what the incomplete data indicates.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11258\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Condensate.png\" sizes=\"auto, (max-width: 857px) 100vw, 857px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Condensate-300x154.png 300x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Condensate-768x395.png 768x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Condensate.png 857x\" alt=\"Texas Condensate\" width=\"857\" height=\"441\" \/><\/p>\n<p>Condensate shows a slightly more erratic decline, down 17,000 bpd since June.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11259\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Dean-Condensate.gif\" alt=\"Dean Condensate\" width=\"785\" height=\"516\" \/><\/p>\n<p>And Dean\u2019s condensate chart disagrees slightly with what I would estimate. He has condensate up in October where the RRC incomplete data has it down.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11260\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Total-Gas.jpg\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Total-Gas-300x149.jpg 300x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Total-Gas-768x381.jpg 768x, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2016\/01\/Texas-Total-Gas.jpg 888x\" alt=\"Texas Total Gas\" width=\"888\" height=\"441\" \/><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Texas Oil and Gas Production Declining The\u00a0Texas RRC Oil and Gas Production Data\u00a0is out. This data is \u00a0always incomplete. But we can get some idea of what the trend is by comparing it with previous months. This is what I have done in the charts below. If the latest months data is below the previous [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[10116,6245,6074,2063],"class_list":["post-16628","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-oil-and-gas-production","tag-peak-oil-barrel","tag-ron-patterson","tag-texas"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16628"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16628\/revisions"}],"predecessor-version":[{"id":16629,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16628\/revisions\/16629"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}