Texas's Midland Basin accounted for 15% of U.S. crude oil production in 2020

Texas's Midland Basin accounted for 15% of U.S. crude oil production in 2020
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10.08.2021

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 from the region.

Full article at eia.gov

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