If you're looking for the engine that powers America, look no further than the Lone Star State, where staggering statistics—like producing over 42% of the nation's crude oil and generating billions for the state economy—reveal an energy titan that is vast, complex, and utterly indispensable.
Key Takeaways
- In 2023, Texas produced 1,805 million barrels of crude oil, representing 42.3% of total U.S. crude oil production.
- Texas natural gas gross withdrawals reached 28.3 trillion cubic feet in 2022, accounting for 28% of U.S. total.
- The Permian Basin in Texas produced 5.9 million barrels per day of oil in Q4 2023, up 12% from previous year.
- In 2023, Texas energy industry employed 450,000 direct jobs in oil and gas extraction.
- Oil and gas support activities in Texas supported 180,000 jobs in 2022.
- Texas pipeline transportation employed 25,000 workers in 2023.
- Texas energy industry contributed $240 billion to state GDP in 2022.
- Oil and gas sector taxes generated $25 billion for Texas in 2023.
- Texas energy exports valued at $150 billion in LNG and oil in 2022.
- ERCOT installed wind capacity reached 40,600 MW in 2023.
- Texas solar capacity hit 18,500 MW at end of 2023.
- Permian Basin has 50,000 active oil wells in 2023.
- Texas produces 25% of U.S. wind energy with 40 GW capacity in 2023.
- Texas installed 4.5 GW new solar capacity in 2023 alone.
- Wind generated 23% of Texas electricity in 2022.
Texas leads America in energy production, jobs, and economic impact across all fuel types.
Economic Impact Statistics
- Texas energy industry contributed $240 billion to state GDP in 2022.
- Oil and gas sector taxes generated $25 billion for Texas in 2023.
- Texas energy exports valued at $150 billion in LNG and oil in 2022.
- Permian Basin economic output: $200 billion annually in 2023.
- Texas refining industry added $50 billion to GDP in 2022.
- Renewable energy investments in Texas reached $35 billion in 2023.
- Texas severance taxes from oil: $18 billion in FY2023.
- Energy sector royalties to Texas Permanent School Fund: $2.5 billion in 2022.
- Texas petrochemical production value: $120 billion in 2023.
- Wind energy economic impact: $30 billion annually including supply chain in Texas 2022.
- Texas electricity sales revenue: $45 billion in 2023.
- Energy-related retail trade multiplier effect: 1.8 in Texas economy 2022.
- Texas LNG export revenue: $40 billion in 2023.
- Oilfield services market in Texas: $65 billion in 2022.
- Texas energy capital investments: $100 billion in upstream in 2023.
- Property taxes from energy: $15 billion to local govts in Texas 2022.
- Texas solar industry economic output: $12 billion in 2023.
- Energy multiplier effect created $450 billion total output in Texas 2022.
- Texas battery storage investments: $5 billion economic impact in 2023.
- Hydrogen projects in Texas valued at $20 billion potential in 2022.
- Texas grid upgrades cost $10 billion from 2021-2023.
- Texas energy R&D spending: $2.8 billion annually in 2022.
Economic Impact Statistics Interpretation
Texas keeps the lights on everywhere, powered by a frankly astonishing torrent of oil, gas, and increasingly, wind and sun, which together form an economic engine so massive it practically prints money for schools, roads, and the state's legendary swagger.
Employment Statistics
- In 2023, Texas energy industry employed 450,000 direct jobs in oil and gas extraction.
- Oil and gas support activities in Texas supported 180,000 jobs in 2022.
- Texas pipeline transportation employed 25,000 workers in 2023.
- Refining sector in Texas had 55,000 employees in 2022.
- Texas electric power generation employed 38,000 in utilities in 2023.
- Renewable energy jobs in Texas totaled 120,000 in 2022, including wind and solar.
- Texas mining workforce (energy-related) was 92,000 in 2023.
- Construction jobs tied to energy infrastructure in Texas: 210,000 in 2022.
- Professional services for energy sector employed 85,000 in Texas 2023.
- Texas energy sector indirect jobs totaled 1.2 million in 2022.
- Women comprised 22% of Texas oil and gas workforce in 2023.
- Average wage in Texas oil extraction: $125,000 annually in 2022.
- Texas gas extraction average wage: $118,000 per year in 2023.
- Refinery operators in Texas earned $95,000 average in 2022.
- Wind turbine technicians in Texas: 8,500 jobs, wage $58,000 in 2023.
- Solar installers in Texas: 12,000 employed in 2022.
- Texas energy lawyers and consultants: 15,000 jobs in 2023.
- Drilling rig workers in Texas: 35,000 in 2022.
- Texas LNG export facility construction added 10,000 temp jobs in 2023.
- Energy R&D jobs in Texas universities and labs: 5,200 in 2022.
- Texas power plant operators: 18,000 employed in 2023.
- Oilfield truck drivers in Texas: 42,000 jobs, average wage $55,000 in 2022.
Employment Statistics Interpretation
While Texas may debate whether oil wells or wind turbines hold the future, the state's energy empire—propped up by 450,000 direct oil and gas workers and a staggering 1.2 million indirect jobs—pays the bills with a resounding and well-compensated "all of the above."
Infrastructure Statistics
- ERCOT installed wind capacity reached 40,600 MW in 2023.
- Texas solar capacity hit 18,500 MW at end of 2023.
- Permian Basin has 50,000 active oil wells in 2023.
- Texas natural gas pipelines total 120,000 miles in 2022.
- Houston Ship Channel handles 300 million tons of energy cargo yearly.
- Texas refineries capacity: 5.8 million barrels per day in 2023.
- ERCOT peak demand record: 85,502 MW on August 20, 2023.
- Texas LNG export terminals capacity: 50 million tons per annum in 2023.
- Eagle Ford Shale has 15,000 horizontal wells producing in 2022.
- Texas battery storage capacity: 3,200 MW in 2023.
- Haynesville play infrastructure includes 200 gas processing plants.
- Texas high-voltage transmission lines: 45,000 circuit miles in ERCOT.
- Freeport LNG terminal has 15 MTPA capacity expansion in 2023.
- Texas Gulf Coast petrochemical plants: 250 facilities processing 100 MTPA.
- ERCOT interconnections: 40 GW capacity to neighboring grids.
- Texas offshore platforms: 1,800 active in Gulf of Mexico 2022.
- Corpus Christi LNG Phase III: 10 MTPA under construction 2023.
- Texas wind farms: 200 facilities with average 200 MW each.
- ERCOT substations: over 5,000 in the grid.
- Plaquemines LNG Texas-related: 20 MTPA planned.
Infrastructure Statistics Interpretation
Texas, an energy colossus, has built a kingdom where the wind and sun power millions of homes, yet remains anchored by a sprawling, humming empire of oil, gas, and pipelines that fuels the world and its own relentless, record-breaking thirst for electricity.
Production Statistics
- In 2023, Texas produced 1,805 million barrels of crude oil, representing 42.3% of total U.S. crude oil production.
- Texas natural gas gross withdrawals reached 28.3 trillion cubic feet in 2022, accounting for 28% of U.S. total.
- The Permian Basin in Texas produced 5.9 million barrels per day of oil in Q4 2023, up 12% from previous year.
- Texas shale gas production contributed 10.7 trillion cubic feet in 2022 from Eagle Ford Shale alone.
- In 2023, Texas refineries processed 5.1 million barrels per day of crude oil inputs.
- Texas marketed production of natural gas liquids (NGLs) was 1.2 million barrels per day in 2022.
- Haynesville Shale in East Texas produced 12.5 billion cubic feet per day of gas in 2023.
- Texas coal production totaled 13.7 million short tons in 2022, down 5% from 2021.
- In 2023, Texas uranium production was 200,000 pounds U3O8 equivalent from in-situ recovery.
- Texas produced 45 million barrels of distillate fuel oil in 2022.
- The state generated 535,000 barrels per day of residual fuel oil in 2023.
- Texas oil well completions numbered 4,200 in 2023.
- Natural gas well completions in Texas reached 2,800 in 2022.
- Texas produced 1.15 million barrels per day of propane in 2023.
- Ethane production in Texas was 650,000 barrels per day in 2022.
- Texas isobutane output stood at 120,000 barrels per day in 2023.
- Normal butane production in Texas reached 280,000 barrels per day in 2022.
- Texas pentanes plus production was 95,000 barrels per day in 2023.
- Condensate production in Texas totaled 450,000 barrels per day in 2022.
- Texas asphalt production was 2.5 million barrels in 2023.
- Lubricants production in Texas amounted to 1.2 million barrels annually in 2022.
- Texas kerosene production reached 800,000 barrels in 2023.
- Still gas production in Texas was 1.4 trillion cubic feet in 2022.
- Texas special naphthas production totaled 150,000 barrels in 2023.
- Gasoline production in Texas hit 3.2 million barrels per day in 2022.
- Texas produced 950,000 barrels per day of jet fuel in 2023.
Production Statistics Interpretation
While Texas is often accused of merely talking big, the state’s energy output—supplying nearly half of America’s crude while simultaneously churning out enough gas, fuel, and even uranium to power a small planet—proves it prefers to let its production do the bragging.
Renewable Energy Statistics
- Texas produces 25% of U.S. wind energy with 40 GW capacity in 2023.
- Texas installed 4.5 GW new solar capacity in 2023 alone.
- Wind generated 23% of Texas electricity in 2022.
- Texas solar generation reached 20 TWh in 2023.
- Over 12,000 wind turbines operate in Texas as of 2023.
- Texas leads U.S. with 18% of national solar capacity in 2023.
- Geothermal potential in Texas: 1 GW identified in 2022 studies.
- Biomass power plants in Texas: 20 facilities, 1.2 GW capacity.
- Texas hydropower generation: 1.5 TWh annually from 50 plants.
- Offshore wind leases off Texas coast: 2 million acres awarded.
- Texas community solar projects: 500 MW deployed in 2023.
- Wind curtailment in ERCOT: 5% of potential in peak 2022.
- Texas solar irradiance average: 5.5 kWh/m2/day statewide.
- Largest wind farm: Roscoe Wind Farm 781 MW in Texas.
- Texas green hydrogen pilots: 100 MW electrolysis capacity planned.
- Solar farms over 100 MW: 25 operational in Texas 2023.
- Texas wind capacity factor average: 38% in 2022.
- Residential solar installations: 150,000 systems in Texas by 2023.
Renewable Energy Statistics Interpretation
While its oil-soaked boots are firmly planted, Texas is quietly building a green energy empire where wind turbines are the new pumpjacks, solar farms are its cash crops, and its ambitions now stretch from the sun-baked plains to hydrogen dreams.
Sources & References
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