texas

energyTexas Sets New Record for Oil Production

No Comments
The Texas Independent Producers & Royalty Owners Association (TIPRO) reported oil production in Texas totaled a record 1.54 billion barrels (bbl) in 2018 which surpassed a previous record of 1.28 billion bbl set in 1973. If Texas were a country …

spaceSpaceX Texas Spaceport Schematic and Artist Conception

No Comments
SpaceX is initially building a launch pad for the Starhopper at Boca Chica, Texas. However, SpaceX has to build a lot more for the orbital Super Heavy Starship launches. There are older plans and artists renderings of the Boca Chica …

spaceSpaceX Texas Launch Site Progress

No Comments
SpaceX continues to build the Starship hopper test rocket. They are removing placeholder engines and opened up the rocket to add fuel tanks and the real raptor engines. Here are tweets about progress on the Texas launch site. It still …

climate changeTexas Has Oil Past 2050 and Telling Real-Life JR Ewings to Stop Will Not Work

No Comments
The US Geological Survey has performed an updated survey of the primary oil basin in Texas and doubled their estimate of technically recoverable oil and gas from 2016. Fracking Technology Keeps Improving They did not change how much oil they …

futureRecord US and World Oil Supplies in 2019 and 2020 and Crazy Peak Oilers

25 Comments
Peak Oil was a very popular idea from about 2000 to 2013. The idea was that world oil production or a nations oil production would reach a maximum level and then go into permanent decline. US crude oil production set …

energyTexas will add 2 million barrels of oil per day in 2019 and more in 2020

13 Comments
Texas Permian oil producers will add three pipelines and 2 million barrels of oil a day. A few months ago it was believed that U.S. oil production was going to plateau from mid-2018 to 2020. However, August saw the largest …

oilUS number one in oil production and Texas would be world number 3

3 Comments
Texas oil output (Permian and Eagle Ford) is expected to 5.6 million barrels per day in 2019, according to HSBC. Texas will be more nearly half of America’s total crude oil production. EIA forecasts US oil production to average 11.8 …

californiaTexas could have a higher population than California in 2045

5 Comments
California had a massive drop in projected population since a reforecast in 2014 and the forecasted future population in Texas has been increasing. The newest combined estimates are that Texas could have more people than California by 2045. If Texas …

energyTexas and Permian Basin oil production to double by 2023

No Comments
Permian basin oil production is forecast to reach 5.4 million b/d by 2023—more than current production from any single Organization of Petroleum Exporting Countries member other than Saudi Arabia, IHS Markit said in a new report. The Permian Basin is …

californiaCalifornia would be 5th largest economy and Texas 11th compared to national GDP

No Comments
The Bureau of Economic Analysis indicates that California had GDP growth of 3.4% and Texas had GDP growth of 5.2%. At the end of 2017, California had a GDP of $2.80 trillion and Texas had a GDP of 1.75 trillion. …