Statewide and county crude oil and natural gas production for July 2025 reported in the tables below came from 158,328 oil wells and 84,008 gas wells, a press release detailed. The RRC reports that preliminary total Texas reported production for July 2025 was approximately 127 million barrels of crude oil and 1.03 trillion cubic feet of total gas.
Crude oil prices were on course to book their steepest decline in four months following reports that OPEC+ was about to extend its production boost for another month at its Sunday meeting. At the time of writing, Brent crude was trading at $64.53 per barrel, with West Texas Intermediate at $60.86 per barrel.
Curious Minds Corner
When was the first blowout preventer (BOP) invented?