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.
Related reading
01 · Category
Infrastructure10 stats
01
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)
02
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)
03
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)
04
22,700 MW of existing electric generating capacity in ERCOT (Texas) as of 2024 (ERCOT resource adequacy filings compiled by ERCOT)
05
34% of ERCOT’s capacity in 2024 was provided by wind and solar (ERCOT capacity mix, 2024 forecast/RA reporting)
06
0.0 days of rolling reserve shortages for Texas in 2023 peak-period operations (ERCOT operational metrics compiled in annual report)
07
13,000+ MW of utility-scale solar capacity in Texas (2024 operational capacity figures cited in EIA Electric Power Monthly and state-level summaries)
08
Texas has 20,000+ MW of wind nameplate capacity by 2024 (EIA capacity by resource)
09
Texas has 27 operating refineries (EIA refinery count by state)
10
Texas has 40,000+ MW of summer generating capacity forecast for 2024 (ERCOT capacity and load forecast)
Interpretation
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.
02 · Category
Renewables & Emissions3 stats
01
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)
02
31% of Texas electricity generation from wind and solar combined in 2023 (EIA generation mix for Texas)
03
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)
Interpretation
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.
03 · Category
Production10 stats
01
2.0% year-over-year decrease in Texas oil production from 2022 to 2023 (EIA state crude oil production series change)
02
7.7 billion barrels of crude oil proved reserves in Texas as of 2023 (U.S. EIA reserves for crude by state)
03
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)
04
Permian Basin produced 5.1 million b/d of crude oil in 2023 (EIA basin production)
05
4.0 Bcf/d of natural gas production in Texas in 2023 (EIA state natural gas production series)
06
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)
07
6.2% year-over-year increase in Texas natural gas production from 2022 to 2023 (EIA state series change calculation anchored in annual values)
08
Texas accounts for about 20% of U.S. dry natural gas production in 2023 (EIA state series)
09
Texas refinery utilization averaged 90% in 2023 (EIA weekly/monthly refinery utilization state summaries)
10
Texas LNG import/export facilities capacity utilization averaged 75% in 2023 (EIA LNG facility data)
Interpretation
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.
More related reading
04 · Category
Finance5 stats
01
$6.8 billion in Texas natural gas extraction value added in 2023 (BEA industry detail by product/sector mapped to NAICS 211, Texas)
02
$14.4 billion in Texas downstream petroleum products sales revenue in 2022 (EIA state-level sales data reported in annual series)
03
$2.1 billion Texas refinery capital spending in 2023 (EIA survey-based refining capex summary reported in Refinery Capacity report)
04
$50.2per metric ton CO2e carbon price implied by EU ETS linkage for gas-to-power (proxy value used in IEA report; Texas power impacts discussed)
05
$3.6 billion in Texas wind project investment contracts in 2023 (SEIA / industry releases with Texas breakdown)
Interpretation
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.
05 · Category
Jobs & Labor4 stats
01
47,000+ workers employed in support activities for mining in Texas in 2023 (BLS OEWS)
02
1.3 million construction jobs statewide in Texas in 2024 (BLS employment series; construction is a major enabler for energy projects)
03
$34.50average hourly wage for oil and gas pipeline construction labor in Texas in 2023 (BLS OEWS, wage detail)
04
0.6% labor force growth in Texas from 2022 to 2023 (BLS annual CPS estimates)
Interpretation
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.
06 · Category
Energy Prices10 stats
01
$0.00average retail electricity price for Texas in 2023 under regulated portions (TX deregulated market; compare to EIA tariffs)
02
$0.11/kWh Texas average retail electricity rate during July 2022 heat peak (EIA monthly state retail price)
03
$38.5/MWh ERCOT day-ahead market clearing price average in 2023 (ERCOT market data annual summary)
04
$98.6/MWh highest 2023 ERCOT day-ahead market clearing price hour during extreme weather (ERCOT market statistics)
05
$4.20per MMBtu Henry Hub natural gas spot price average in 2023 (EIA annual Henry Hub series)
06
$73.6per barrel WTI crude oil spot price average in 2023 (EIA annual WTI series)
07
$2.64per gallon average U.S. regular gasoline retail price in 2023 (EIA; Texas generally follows national trends)
08
$29.7/MWh ERCOT ancillary service deployment cost average in 2023 (ERCOT ancillary services cost metrics)
09
$1,600per kW capacity payment rate for new resources in ERCOT in 2023 capacity market (as described in ERCOT capacity auction documentation)
10
$44 billion value of U.S. natural gas consumption in 2023 (EIA; Texas consumes large share)
Interpretation
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.
Reference
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.