Texas crude oil production is at about 92 million barrels per month or over 3 million barrels per day. This is triple some of the months between 2001 and 2007. Texas is over the level of the 1980s and nearly back to the level of the 1970s.
Texas is near the oil production level of the UAE and Iraq. Iraq and UAE are each around the 3 million barrel per day level. If Texas were a country it would be in the range of a top 6-8 oil producing country.
The United States is at 99% [8.867 million bpd] of the 1980s peak at 8.965 [million bpd] in crude oil production. There was a higher peak of about 9.6 million bpd in the 1970s.
The Texas railway commission has a different number for Texas crude oil production because they do not include condensate.
North Dakota is reporting 1.1 million barrels per day from July statistics. There are reports that more recent production is over 1.2 million barrels per day.
Libya (due to unrest) has been struggling to keep oil production around 900,000 barrels per day and it has dropped at times to 300,000 barrels per day.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.