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Petroleum Production and Income in Texas

 

Production figures over the years have been from the Texas Railroad Commission, Texas Mid-Continent Oil & Gas Association and the U.S. Department of Energy.

Income/value figures are from the State Comptroller of Public Accounts.

The average price per barrel data are from the U.S. Energy Information Administration, including the calculations for chained 2005-dollar amounts.

(NA, data not available.)  Revised, May 2016.

Oil

Year Oil Production Value Price per barrel

(barrels) (add 000) nominal 2005 $
2015 1,004,744,000 $ 48,132,820 $ 44.95 NA
2014 900,492,000 85,962,300 87.02 NA
2013 749,876,122 73,666,700 95.80 NA
2012 607,708,325  55,145,600 92.50 NA
2011 448,903,222 39,420,500 91.99  $ 81.15
2010 369,952,560 26,054,900 76.23 68.88
2009 349,884,570 18,455,530 57.40 52.31
2008 353,529,636 30,409,170 96.85 89.28
2007 342,962,895 21,341,100 68.30 64.30
2006 347,410,643 19,657,500 61.31 59.38
2005 348,965,394 12,744,600 52.61 52.61
2004 351,294,563 12,762,650 38.79 40.08
2003 359,418,077 9,708,600 29,13 30.96
2002 365,732,385 8,150,400 23.77 25.80
2001 381,180,578 7,770,500 23.41 25,82
2000 401,112,558 10,037,300 28.60 32.26
1999 409,071,588 5,855,800 17.29 19.93
1998 459,490,476 5,472,400 12.28 14.36
1997 491,366,510 8,516,800 18.66 22.07
1996 499,758,201 9,560,800 20.31 24.44
1995 514,527,911 8,177,700 16.38 20.09
1994 542,988,057 7,977,500 14.98 18.76
1993 577,616,588 9,288,800 16.19 20.70
1992 642,059,000 11,820,306 18.32 23.94
1991 672,810,000 12,836,080 19.04 25.47
1990 672,081,000 15,047,902 22.37 30.98
1989 679,575,000 12,123,624 17.81 25.62
1988 727,928,000 10,729,660 14.71 21.96
1987 754,213,000 13,221,345 17.55 27.10
1986 813,620,000 11,976,488 14.73 23.40
1985 860,300,000 23,159,286 26.80 43.52
1984 874,079,000 25,138,520 28.87 48.31
1983 876,205,000 22,947,814 29.35 50.95
1982 923,868,000 29,074,126 31.77 57.33
1981 945,132,000 32,692,116 35.06 67.14
1980 977,436,000 21,259,233 21.84 47.74
1979 1,018,094,000 12,715,994 12.65 28.91
1978 1,074,050,000 9,980,333 9.29 23.00
1977 1,137,880,000 9,986,002 8.78 $ 22.73
1976 1,189,523,000 10,217,702 8.59 NA
1975 1,221,929,000 9,336,570 7.64 NA
1970 1,249,697,000 4,104,005 3.28 NA
1965 1,000,749,000 2,962,119 2.96 NA
1955 1,053,297,000 2,989,330 2.84 NA
1945 754,710,000 914,410 1.21 NA
1935 392,666,000 367,820 0.94 NA
1925 144,648,000 262,270 1.81 NA
1915 24,943,000 $ 13,027 $ 0.52 NA

 

Natural Gas  

(Mcf, thousand cubic feet.)  Revised, May 2016.
Year Natural Gas Production Value Wellhead price per Mcf

(Mcf, thousand cubic feet) (add 000) nominal 2005 $
2015 8,304,947,047 $ 8,827,180 NA NA
2014 8,171,230,000 18,034,000 NA NA
2013 8,094,885,508 15,358,900 NA NA
2012 8,134,883,460  11,088,500  $ 2.66 NA
2011 7,881,055,997 13,919,200 3.95  $ 3.48
2010 7,499,347,690 11,482,500 4.48 4.04
2009 7,607,598,548 9,317,400 3.67 3.34
2008 7,749,694,503 23,258,800 7.97 7.34
2007 6,421,374,997 22,968,420 6.25 5.88
2006 6,077,785,935 23,500,800 6.39 6.19
2005 5,700,612,714 24,220,800 7.33 7.33
2004 5,817,226,749 17,077,700 5.46 5.64
2003 5,671,689,242 14,797,800 4.88 5.18
2002 5,611,957,703 9,840,800 2.95 3.20
2001 5,668,602,291 13,708,700 4.00 4.41
2000 5,645,792,009 12,837,600 3.68 4.15
1999 5,538,929,430 6,789,700 2.19 2.52
1998 5,772,079,829 6,362,900 1.96 2.29
1997 5,814,744,733 8,134,200 2.32 2.74
1996 5,770,254,648 6,945,000 2.17 2.61
1995 5,672,105,129 5,305,200 1.55 1.90
1994 5,675,748,270 6,220,300 1.85 2.31
1993 5,606,497,721 7,365,748 2.04 2.61
1992 5,436,407,608 6,708,400 1.74 2.27
1991 5,509,989,547 6,788,000 1.64 2.19
1990 5,533,770,539 7,721,500 1.71 2.37
1989 5,595,189,980 7,490,100 1.69 2.43
1988 5,702,643,736 7,983,700 1.69 2.52
1987 5,516,224,229 7,612,389 1.67 2.58
1986 5,663,490,598 8,778,410 1.94 3.08
1985 5,805,098,031 12,665,114 2.51 4.07
1984 5,864,223,824 13,487,715 2.66 4.45
1983 5,643,182,863 14,672,275 2.59 4.49
1982 6,113,850,504 13,567,151 2.46 4.44
1981 6,733,042,031 12,598,712 1.98 3.79
1980 6,997,891,217 10,673,834 1.59 3.33
1979 7,115,818,163 8,509,103 1.18 2.69
1978 7,077,100,298 6,515,443 0.91 2.25
1977 7,564,635,174 6,367,077 0.79 2.09
1976 7,708,318,843 5,163,755 0.58 1.63
1975 8,052,111,922 7,485,764 0.44 1.31
1970 9,449,858,018 8,357,716 0.17 0.70
1965 7,854,545,120 6,636,555 0.16 0.80
1955 5,740,458,446 4,730,798 0.10 $ 0.60
1945 2,665,177,745 1,711,401 0.26 NA
1935 642,366,000 13,233 0.21 NA
1925 134,875.000 7,040 0.52 NA
1915 13,324 $ 2,594 $ 1.95 NA

 

 

 

  

 

Texas Almanac

Texas Almanac