9,600 wells came online in March
The Railroad Commission of Texas released oil and gas production statistics this week, outlining hydrocarbon production in March.

Preliminary figure indicate production is down compared to this time last year. Oil production in March was 77.3 MMBBL, compared to 87.2 MMBBL in March 2016. Natural gas production was 608 Bcf, down from the 710 Bcf produced last year.

It is important to emphasize that the values for March 2017 are preliminary, and will be updated as information becomes available. For reference...

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