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The Texas Electricity Supply Chain Map now includes more information that will assist state emergency officials during disasters.

Texas regulators unveil new oil, gas, utility infrastructure map to assist during extreme weather

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According to a jointly-released statement from the Railroad Commission of Texas and the Public Utility Commission of Texas, the Texas Electricity Supply Chain Map now includes more information that will assist state emergency officials in preparing for, responding to and recovering from weather emergencies or other disasters.

The map was created in April 2022, and has successfully been used by state emergency officials during weather emergencies including severe storms last winter season. It’s a crucial tool used by the Public Utility Commission of Texas (PUCT), the Railroad Commission (RRC), and state emergency responders to respond to issues in real-time through direct communication and movement of resources necessary for maintenance or repair of electric generation and transmission infrastructure during an emergency.

The map has more than 12,746 facilities, including electricity generation plants powered by natural gas, electric substations, natural gas processing plants, underground gas storage facilities, oil and gas well leases, saltwater disposal wells. It also has more than 21,000 miles of gas transmission pipelines and approximately 60,000 miles of electric transmission lines;

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Source: World Oil

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Year-to-date through July 2023, TX accounts for 43.3% of all oil production and 27.4% of all natural gas marketed production in the country.

Report: Texas oil and natural gas industry breaks decades-old production records

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The powerhouse of the U.S. energy sector—the Texas oil and natural gas industry—reached a new record production high in June and July, surpassing all-time highs set 30 and 40 years ago, according to an energy economics analysis published by Texas Oil & Gas Association.

The analysis, conducted by TXOG’s Chief Economist Dean Foreman, Ph.D., shows that Texas’ production of oil, natural gas, and natural gas liquids broke previous records and that resource reserves are expected to support decades of prospective production. It also highlights a range of records broken in May, also surpassing previous 30- and 40-year-old highs.

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Source: The Center Square

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Texas energy expected to be key in meeting global demand

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As 2023 gets underway, the Energy Information Administration is offering its annual short-term energy outlook for the early part of the year.

Among the trends the report has identified are rising natural gas production, increasing liquefied natural gas exports and high winter electricity prices.

So, asked the Texas Independent Producers and Royalty Owners Association, what does this mean for Texas?

“Global production will continue to rise in the coming years and the Permian Basin will play a critical role in meeting energy demand here and abroad,” responded Ed Longanecker, TIPRO president, in an email to the Reporter-Telegram.

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Source: mrt

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