Texas crude oil production down 7% in 2020 – Houston Chronicle
Texas crude oil production down 7% in 2020 – Houston Chronicle
Texas crude production fell 117 million barrels in 2020 after the coronavirus pandemic and subsequent collapse in oil demand forced oil companies to idle hundreds of drilling rigs. Oil companies produced 1.7 billion barrels of crude in the state last year, down about 7% from the previous year, according to the Texas Independent Producers & […]
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