Forbes: New Report Details Record Texas Oil Boom In 2018
Feb 14, 2019 | News Roundup
Feb. 13 — A new report issued on Monday by the Texas Independent Producers and Royalty Owners Association (TIPRO) asserts that 2018 was an all-time high for oil production in the state of Texas. In its 2019 State of Energy Report, TIPRO notes that “[2018] oil production in Texas totaled a record 1.54 billion barrels (bbl) in 2018, surpassing a previous record of 1.28 billion bbl set in 1973.”
