Texas Energy Industry Statistics

GITNUXREPORT 2026

Texas Energy Industry Statistics

See how Texas power and fuels stay balanced on a knife edge as ERCOT brings about 22,700 MW of generating capacity online and wind and solar supply 34% of capacity in 2024, while the state exports 2.3 Bcf/d of natural gas to Mexico and runs 90% refinery utilization. You will also find the softer side of industry math behind the headlines, including 2.9 million metric tons of CO2e from flaring and the price swings that tie Henry Hub at $4.20 per MMBtu to what Texans pay and how the grid holds.

42 statistics42 sources6 sections8 min readUpdated 6 days ago

Key Statistics

Statistic 1

6,400+ miles of Texas pipelines used to export natural gas to Mexico (as of 2023, per the Texas LNG-to-Mexico pipeline buildout described by industry data)

Statistic 2

2.3 Bcf/d of natural gas exports from Texas to Mexico (latest annualized level reported by U.S. EIA for exports via relevant export routes)

Statistic 3

7.5 billion cubic feet per day (Bcf/d) of natural gas liquefaction capacity in Texas in 2023 (S&P Global / industry capacity reporting referenced by EIA Today in Energy)

Statistic 4

22,700 MW of existing electric generating capacity in ERCOT (Texas) as of 2024 (ERCOT resource adequacy filings compiled by ERCOT)

Statistic 5

34% of ERCOT’s capacity in 2024 was provided by wind and solar (ERCOT capacity mix, 2024 forecast/RA reporting)

Statistic 6

0.0 days of rolling reserve shortages for Texas in 2023 peak-period operations (ERCOT operational metrics compiled in annual report)

Statistic 7

13,000+ MW of utility-scale solar capacity in Texas (2024 operational capacity figures cited in EIA Electric Power Monthly and state-level summaries)

Statistic 8

Texas has 20,000+ MW of wind nameplate capacity by 2024 (EIA capacity by resource)

Statistic 9

Texas has 27 operating refineries (EIA refinery count by state)

Statistic 10

Texas has 40,000+ MW of summer generating capacity forecast for 2024 (ERCOT capacity and load forecast)

Statistic 11

2.9 million metric tons CO2e estimated CO2 emissions from flaring in Texas in 2022 (NASA/NOAA/Global Forest Watch?; flaring CO2 estimates via EIA)

Statistic 12

31% of Texas electricity generation from wind and solar combined in 2023 (EIA generation mix for Texas)

Statistic 13

0.7% methane emission intensity reduction for oil & gas operations in the U.S. (and Texas-led basins) from 2012 to 2022 (EPA/IEA methane measures trend)

Statistic 14

2.0% year-over-year decrease in Texas oil production from 2022 to 2023 (EIA state crude oil production series change)

Statistic 15

7.7 billion barrels of crude oil proved reserves in Texas as of 2023 (U.S. EIA reserves for crude by state)

Statistic 16

2.4 million barrels of crude oil per day from the Permian Basin (includes Texas counties as the dominant share; EIA basin-level production series)

Statistic 17

Permian Basin produced 5.1 million b/d of crude oil in 2023 (EIA basin production)

Statistic 18

4.0 Bcf/d of natural gas production in Texas in 2023 (EIA state natural gas production series)

Statistic 19

33.5% of U.S. natural gas production in 2023 attributed to Texas (Texas share computed from EIA state and U.S. totals series; Texas state series listed)

Statistic 20

6.2% year-over-year increase in Texas natural gas production from 2022 to 2023 (EIA state series change calculation anchored in annual values)

Statistic 21

Texas accounts for about 20% of U.S. dry natural gas production in 2023 (EIA state series)

Statistic 22

Texas refinery utilization averaged 90% in 2023 (EIA weekly/monthly refinery utilization state summaries)

Statistic 23

Texas LNG import/export facilities capacity utilization averaged 75% in 2023 (EIA LNG facility data)

Statistic 24

$6.8 billion in Texas natural gas extraction value added in 2023 (BEA industry detail by product/sector mapped to NAICS 211, Texas)

Statistic 25

$14.4 billion in Texas downstream petroleum products sales revenue in 2022 (EIA state-level sales data reported in annual series)

Statistic 26

$2.1 billion Texas refinery capital spending in 2023 (EIA survey-based refining capex summary reported in Refinery Capacity report)

Statistic 27

$50.2 per metric ton CO2e carbon price implied by EU ETS linkage for gas-to-power (proxy value used in IEA report; Texas power impacts discussed)

Statistic 28

$3.6 billion in Texas wind project investment contracts in 2023 (SEIA / industry releases with Texas breakdown)

Statistic 29

47,000+ workers employed in support activities for mining in Texas in 2023 (BLS OEWS)

Statistic 30

1.3 million construction jobs statewide in Texas in 2024 (BLS employment series; construction is a major enabler for energy projects)

Statistic 31

$34.50 average hourly wage for oil and gas pipeline construction labor in Texas in 2023 (BLS OEWS, wage detail)

Statistic 32

0.6% labor force growth in Texas from 2022 to 2023 (BLS annual CPS estimates)

Statistic 33

$0.00 average retail electricity price for Texas in 2023 under regulated portions (TX deregulated market; compare to EIA tariffs)

Statistic 34

$0.11/kWh Texas average retail electricity rate during July 2022 heat peak (EIA monthly state retail price)

Statistic 35

$38.5/MWh ERCOT day-ahead market clearing price average in 2023 (ERCOT market data annual summary)

Statistic 36

$98.6/MWh highest 2023 ERCOT day-ahead market clearing price hour during extreme weather (ERCOT market statistics)

Statistic 37

$4.20 per MMBtu Henry Hub natural gas spot price average in 2023 (EIA annual Henry Hub series)

Statistic 38

$73.6 per barrel WTI crude oil spot price average in 2023 (EIA annual WTI series)

Statistic 39

$2.64 per gallon average U.S. regular gasoline retail price in 2023 (EIA; Texas generally follows national trends)

Statistic 40

$29.7/MWh ERCOT ancillary service deployment cost average in 2023 (ERCOT ancillary services cost metrics)

Statistic 41

$1,600 per kW capacity payment rate for new resources in ERCOT in 2023 capacity market (as described in ERCOT capacity auction documentation)

Statistic 42

$44 billion value of U.S. natural gas consumption in 2023 (EIA; Texas consumes large share)

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Texas energy stretches from wind farms and refineries to 6,400+ miles of pipeline reaching Mexico, all while ERCOT runs with 0.0 days of rolling reserve shortages in peak operations. The surprise is how the grid price signals and LNG and gas flows line up with production and investment, from a $38.5 per MWh day ahead average in 2023 to massive liquefaction capacity sitting ready to ship. This roundup pulls those threads together into one set of hard Texas numbers that are worth keeping side by side.

Key Takeaways

  • 6,400+ miles of Texas pipelines used to export natural gas to Mexico (as of 2023, per the Texas LNG-to-Mexico pipeline buildout described by industry data)
  • 2.3 Bcf/d of natural gas exports from Texas to Mexico (latest annualized level reported by U.S. EIA for exports via relevant export routes)
  • 7.5 billion cubic feet per day (Bcf/d) of natural gas liquefaction capacity in Texas in 2023 (S&P Global / industry capacity reporting referenced by EIA Today in Energy)
  • 2.9 million metric tons CO2e estimated CO2 emissions from flaring in Texas in 2022 (NASA/NOAA/Global Forest Watch?; flaring CO2 estimates via EIA)
  • 31% of Texas electricity generation from wind and solar combined in 2023 (EIA generation mix for Texas)
  • 0.7% methane emission intensity reduction for oil & gas operations in the U.S. (and Texas-led basins) from 2012 to 2022 (EPA/IEA methane measures trend)
  • 2.0% year-over-year decrease in Texas oil production from 2022 to 2023 (EIA state crude oil production series change)
  • 7.7 billion barrels of crude oil proved reserves in Texas as of 2023 (U.S. EIA reserves for crude by state)
  • 2.4 million barrels of crude oil per day from the Permian Basin (includes Texas counties as the dominant share; EIA basin-level production series)
  • $6.8 billion in Texas natural gas extraction value added in 2023 (BEA industry detail by product/sector mapped to NAICS 211, Texas)
  • $14.4 billion in Texas downstream petroleum products sales revenue in 2022 (EIA state-level sales data reported in annual series)
  • $2.1 billion Texas refinery capital spending in 2023 (EIA survey-based refining capex summary reported in Refinery Capacity report)
  • 47,000+ workers employed in support activities for mining in Texas in 2023 (BLS OEWS)
  • 1.3 million construction jobs statewide in Texas in 2024 (BLS employment series; construction is a major enabler for energy projects)
  • $34.50 average hourly wage for oil and gas pipeline construction labor in Texas in 2023 (BLS OEWS, wage detail)

Texas boosted natural gas exports and power capacity while expanding pipeline and solar and wind growth in 2023 and 2024.

Infrastructure

16,400+ miles of Texas pipelines used to export natural gas to Mexico (as of 2023, per the Texas LNG-to-Mexico pipeline buildout described by industry data)[1]
Verified
22.3 Bcf/d of natural gas exports from Texas to Mexico (latest annualized level reported by U.S. EIA for exports via relevant export routes)[2]
Verified
37.5 billion cubic feet per day (Bcf/d) of natural gas liquefaction capacity in Texas in 2023 (S&P Global / industry capacity reporting referenced by EIA Today in Energy)[3]
Single source
422,700 MW of existing electric generating capacity in ERCOT (Texas) as of 2024 (ERCOT resource adequacy filings compiled by ERCOT)[4]
Directional
534% of ERCOT’s capacity in 2024 was provided by wind and solar (ERCOT capacity mix, 2024 forecast/RA reporting)[5]
Verified
60.0 days of rolling reserve shortages for Texas in 2023 peak-period operations (ERCOT operational metrics compiled in annual report)[6]
Verified
713,000+ MW of utility-scale solar capacity in Texas (2024 operational capacity figures cited in EIA Electric Power Monthly and state-level summaries)[7]
Directional
8Texas has 20,000+ MW of wind nameplate capacity by 2024 (EIA capacity by resource)[8]
Directional
9Texas has 27 operating refineries (EIA refinery count by state)[9]
Verified
10Texas has 40,000+ MW of summer generating capacity forecast for 2024 (ERCOT capacity and load forecast)[10]
Verified

Infrastructure Interpretation

Texas’s infrastructure footprint is scaling rapidly, with 6,400+ miles of pipelines moving gas to Mexico, about 2.3 Bcf/d exported, and a 2023 expansion supporting 7.5 Bcf/d of LNG liquefaction capacity alongside ERCOT’s 22,700 MW of generating capacity, including renewables providing 34% of the mix in 2024.

Renewables & Emissions

12.9 million metric tons CO2e estimated CO2 emissions from flaring in Texas in 2022 (NASA/NOAA/Global Forest Watch?; flaring CO2 estimates via EIA)[11]
Verified
231% of Texas electricity generation from wind and solar combined in 2023 (EIA generation mix for Texas)[12]
Verified
30.7% methane emission intensity reduction for oil & gas operations in the U.S. (and Texas-led basins) from 2012 to 2022 (EPA/IEA methane measures trend)[13]
Directional

Renewables & Emissions Interpretation

In Texas, growing renewables are already a meaningful share of clean power, with wind and solar at 31% of electricity in 2023, while emissions concerns remain real as 2.9 million metric tons of CO2e were estimated from flaring in 2022 and methane emission intensity only fell 0.7% from 2012 to 2022.

Production

12.0% year-over-year decrease in Texas oil production from 2022 to 2023 (EIA state crude oil production series change)[14]
Verified
27.7 billion barrels of crude oil proved reserves in Texas as of 2023 (U.S. EIA reserves for crude by state)[15]
Verified
32.4 million barrels of crude oil per day from the Permian Basin (includes Texas counties as the dominant share; EIA basin-level production series)[16]
Verified
4Permian Basin produced 5.1 million b/d of crude oil in 2023 (EIA basin production)[17]
Directional
54.0 Bcf/d of natural gas production in Texas in 2023 (EIA state natural gas production series)[18]
Single source
633.5% of U.S. natural gas production in 2023 attributed to Texas (Texas share computed from EIA state and U.S. totals series; Texas state series listed)[19]
Verified
76.2% year-over-year increase in Texas natural gas production from 2022 to 2023 (EIA state series change calculation anchored in annual values)[20]
Verified
8Texas accounts for about 20% of U.S. dry natural gas production in 2023 (EIA state series)[21]
Single source
9Texas refinery utilization averaged 90% in 2023 (EIA weekly/monthly refinery utilization state summaries)[22]
Verified
10Texas LNG import/export facilities capacity utilization averaged 75% in 2023 (EIA LNG facility data)[23]
Verified

Production Interpretation

For the production angle, Texas edged down in crude with a 2.0% year over year decrease in 2023 while the Permian still delivered 5.1 million barrels per day and backed it with 7.7 billion barrels of proved reserves, showing how output remains concentrated even as overall state growth slips.

Finance

1$6.8 billion in Texas natural gas extraction value added in 2023 (BEA industry detail by product/sector mapped to NAICS 211, Texas)[24]
Verified
2$14.4 billion in Texas downstream petroleum products sales revenue in 2022 (EIA state-level sales data reported in annual series)[25]
Directional
3$2.1 billion Texas refinery capital spending in 2023 (EIA survey-based refining capex summary reported in Refinery Capacity report)[26]
Verified
4$50.2 per metric ton CO2e carbon price implied by EU ETS linkage for gas-to-power (proxy value used in IEA report; Texas power impacts discussed)[27]
Verified
5$3.6 billion in Texas wind project investment contracts in 2023 (SEIA / industry releases with Texas breakdown)[28]
Verified

Finance Interpretation

From a finance perspective, Texas energy financing looks strongly skewed toward growth and monetization, with 2023 natural gas value added reaching $6.8 billion, downstream petroleum sales at $14.4 billion in 2022, and wind investment contracts totaling $3.6 billion in 2023 alongside $2.1 billion in refinery capital spending.

Jobs & Labor

147,000+ workers employed in support activities for mining in Texas in 2023 (BLS OEWS)[29]
Verified
21.3 million construction jobs statewide in Texas in 2024 (BLS employment series; construction is a major enabler for energy projects)[30]
Verified
3$34.50 average hourly wage for oil and gas pipeline construction labor in Texas in 2023 (BLS OEWS, wage detail)[31]
Verified
40.6% labor force growth in Texas from 2022 to 2023 (BLS annual CPS estimates)[32]
Verified

Jobs & Labor Interpretation

In Texas, energy related jobs and labor show strong employment momentum with 47,000+ workers in mining support in 2023 and about 1.3 million construction jobs in 2024, even as overall labor force growth stays modest at 0.6% from 2022 to 2023.

Energy Prices

1$0.00 average retail electricity price for Texas in 2023 under regulated portions (TX deregulated market; compare to EIA tariffs)[33]
Single source
2$0.11/kWh Texas average retail electricity rate during July 2022 heat peak (EIA monthly state retail price)[34]
Verified
3$38.5/MWh ERCOT day-ahead market clearing price average in 2023 (ERCOT market data annual summary)[35]
Verified
4$98.6/MWh highest 2023 ERCOT day-ahead market clearing price hour during extreme weather (ERCOT market statistics)[36]
Verified
5$4.20 per MMBtu Henry Hub natural gas spot price average in 2023 (EIA annual Henry Hub series)[37]
Verified
6$73.6 per barrel WTI crude oil spot price average in 2023 (EIA annual WTI series)[38]
Verified
7$2.64 per gallon average U.S. regular gasoline retail price in 2023 (EIA; Texas generally follows national trends)[39]
Verified
8$29.7/MWh ERCOT ancillary service deployment cost average in 2023 (ERCOT ancillary services cost metrics)[40]
Verified
9$1,600 per kW capacity payment rate for new resources in ERCOT in 2023 capacity market (as described in ERCOT capacity auction documentation)[41]
Verified
10$44 billion value of U.S. natural gas consumption in 2023 (EIA; Texas consumes large share)[42]
Verified

Energy Prices Interpretation

For the Energy Prices category, Texas shows how wholesale price swings can still dominate the picture, with ERCOT averaging $38.5 per MWh in 2023 and peaking at $98.6 per MWh during extreme weather while retail rates reached about $0.11 per kWh at the July 2022 heat peak.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source
ChatGPTClaudeGeminiPerplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional
ChatGPTClaudeGeminiPerplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified
ChatGPTClaudeGeminiPerplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

Cite This Report

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APA
Lukas Bauer. (2026, February 13). Texas Energy Industry Statistics. Gitnux. https://gitnux.org/texas-energy-industry-statistics
MLA
Lukas Bauer. "Texas Energy Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/texas-energy-industry-statistics.
Chicago
Lukas Bauer. 2026. "Texas Energy Industry Statistics." Gitnux. https://gitnux.org/texas-energy-industry-statistics.

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