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
Economic Impact Statistics Interpretation
Employment Statistics
Employment Statistics Interpretation
Infrastructure Statistics
Infrastructure Statistics Interpretation
Production Statistics
Production Statistics Interpretation
Renewable Energy Statistics
Renewable Energy Statistics Interpretation
Sources & References
- Reference 1EIAeia.govVisit source
- Reference 2RRCrrc.state.tx.usVisit source
- Reference 3RRCrrc.texas.govVisit source
- Reference 4BLSbls.govVisit source
- Reference 5ENERGYenergy.govVisit source
- Reference 6TEXASECONOMICDEVELOPMENTtexaseconomicdevelopment.comVisit source
- Reference 7COMPTROLLERcomptroller.texas.govVisit source
- Reference 8DELOITTEdeloitte.comVisit source
- Reference 9SEIAseia.orgVisit source
- Reference 10BAKERHUGHESbakerhughes.comVisit source
- Reference 11BEAbea.govVisit source
- Reference 12NCSESncses.nsf.govVisit source
- Reference 13TEXASPOLICYtexaspolicy.comVisit source
- Reference 14PORTSOFHOUSTONportsofhouston.comVisit source
- Reference 15CLEANENERGYGRIDcleanenergygrid.orgVisit source
- Reference 16TEAtea.texas.govVisit source
- Reference 17AMERICANCHEMISTRYamericanchemistry.comVisit source
- Reference 18WINDEXCHANGEwindexchange.energy.govVisit source
- Reference 19IMPLANimplan.comVisit source
- Reference 20IHSMARKITihsmarkit.comVisit source
- Reference 21PTADptad.texas.govVisit source
- Reference 22ERCOTercot.comVisit source
- Reference 23PORTHOUSTONporthouston.comVisit source
- Reference 24FERCferc.govVisit source
- Reference 25FREEPORTLNGfreeportlng.comVisit source
- Reference 26BOEMboem.govVisit source
- Reference 27CHENIEREcheniere.comVisit source
- Reference 28VENTUREGLOBALventureglobal.comVisit source
- Reference 29EMPemp.lbl.govVisit source
- Reference 30USBRusbr.govVisit source
- Reference 31NRELnrel.govVisit source
- Reference 32SOLARPOWERWORLDsolarpowerworld.comVisit source
- Reference 33DSIREUSAdsireusa.orgVisit source






