HomeMagazine2021October 2021, Vol. 248, No. 10Texas’ Midland Basin Accounts for 15% of US Crude Oil in 2020

October 2021, Vol. 248, No. 10

Features

Texas’ Midland Basin Accounts for 15% of US Crude Oil in 2020

By Energy Information Administration (EIA)    Texas’s Midland Basin, part of the larger Permian Basin, which spans parts of western Texas and eastern New Mexico, is made up of many stacked hydrocarbon-bearing formations.   Production increases from the Permian Basin (particularly the Midland Basin) contributed to record U.S. crude oil and natural gas production in 2019. In 2021, as the industry continues to work through issues related to reduced consumption due to the COVID-19 pandemic, natural gas production has returned to average levels faster than crude oil production because of rising natural gas prices and more demand to support U.S. exports

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}