Posted October 8, 2013
Texas Continues to Lead the Shale Oil and Natural Gas Revolution
Forbes: Almost lost in all the news about the federal government “shutdown” (which has somehow left 83% of the government funded and functioning) over the last week are several new reports regarding the ongoing massive oil and natural gas Shale Revolution in the United States, and the role Texas is playing in making it happen…
When one includes condensate production from natural gas wells, Texas produced over 2.6 million BOPD in July, fully 35% of the nation’s petroleum production. Just a little more than 2 years ago, in April 2011, Texas’s daily oil production was 1.3 million BOPD, accounting for just 20% of total US production. That’s a phenomenal increase in only two years. The state’s current production level would rank it 13th among all countries on earth, and the rate of increase will almost certainly move the state into the top ten within the next 12 months.
Read more: http://onforb.es/18N2qWO
More industry news:
- Oil Industry and Fracking Could Help Solve Looming Global Water Crisis: http://bit.ly/1fXwDJg
- Shale Development Big Boost for Steel Industry: http://bit.ly/GDZKkI
- Don’t Let Corporate Tax Reform Camouflage a Sneak Attack: http://bit.ly/19fhQ6W
- No Oil, Natural Gas Contamination Found in Colorado Flood Zones: http://bit.ly/1gnIEFx
- Michigan Business, Labor Leaders Call for Keystone Pipeline OK: http://on.lsj.com/16vBawp
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.