06/09/2025 | Press release | Distributed by Public on 06/09/2025 09:05
AUSTIN - The Texas Oil & Gas Association (TXOGA) today released its June 2025 Monthly Energy Economics Review (MEER), highlighting record-setting natural gas production and strong exports that reinforce Texas' central role in powering the U.S. and global economies.
According to TXOGA's estimates, Texas crude oil production remained steady at 5.7 million barrels per day (mb/d) in May 2025, while natural gas gross withdrawals rose to 36.9 billion cubic feet per day (bcf/d), with marketed production reaching a record 34.4 bcf/d. Natural gas liquids (NGLs) production remained strong at 4.0 mb/d.
"Texas consistently sets the standard for energy leadership," said TXOGA President Todd Staples. "With abundant natural resources, top-tier infrastructure, and an ongoing commitment to innovation and improvement, this industry reliably delivers for families, communities, and our trading partners at home and across the globe."
"Natural gas production in Texas continues to scale new heights, helping meet domestic needs while advancing our role as a global energy supplier," said TXOGA Chief Economist Dean Foreman, Ph.D. "Strong market access and infrastructure investments have enabled Texas to deliver record volumes to consumers and export markets alike."
March 2025 Highlights: Based on the latest data from the U.S. Energy Information Administration (EIA) and the U.S. International Trade Commission (USITC):
From January through May 2025, Texas accounted for 42.2% of total U.S. crude oil production and 29.2% of U.S. marketed natural gas production.
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Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.