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Texas Achieved Record Crude Oil Production in 2023: Claim Is True

Texas achieved record crude oil production

The argument in brief

The claim is true. Texas set an all-time crude oil production record in 2023, reaching approximately 5.6 million barrels per day on an annual average basis. According to the U.S. Energy Information Administration's February 2024 Today in Energy report, U.S. crude output averaged a record 12.9 million barrels per day that year, with Texas — accounting for roughly 43% of national output — as the primary driver.

The numbersTexas Crude Oil Production (Annual Average, Million Barrels per Day)

Data: EIA Petroleum Supply Monthly, 2024

Why it spread

The claim spread because it fits a compelling, well-documented story — the Permian Basin boom and U.S. energy dominance — that both industry groups and political figures had strong incentives to amplify. The EIA's own press releases used record-setting language, making the claim easy to cite accurately, and the numbers were large enough to feel significant without requiring any distortion.

The claim is that Texas achieved record crude oil production, and the verdict is straightforwardly true. Multiple independent primary sources confirm it, and no credible energy analyst disputes it.

The strongest evidence comes directly from the U.S. Energy Information Administration. In its February 2024 Today in Energy report, the EIA explicitly stated that U.S. crude oil production averaged a record 12.9 million barrels per day in 2023, driven primarily by record output in Texas's Permian Basin. EIA monthly petroleum data show Texas averaging approximately 5.6 million barrels per day for the year — up from 4.9 million in 2022 and well above the previous peak of 4.8 million in 2019, which was itself interrupted by the COVID-19 demand collapse in 2020. That trajectory — 4.0 million in 2018, a dip to 4.1 million in 2020, recovery to 4.4 million in 2021, and then a sustained climb to 5.6 million in 2023 — is unambiguous in the EIA's Petroleum Supply Monthly data.

The Texas Railroad Commission's own production reports add a second layer of confirmation. The RRC data show that the Permian Basin alone — which sits predominantly within Texas — exceeded 6 million barrels per day by late 2023, a historic high for the basin. S&P Global Commodity Insights independently corroborated this figure for Q4 2023, placing Permian output above 6 million barrels per day. The slight difference between the 5.6 million figure and the 6 million figure reflects measurement scope: the lower number is a full-year Texas state average; the higher number captures peak Permian Basin output in the final quarter, which extends marginally into New Mexico.

The only genuine nuance worth acknowledging is that precise monthly peak figures vary slightly across sources due to data revision lags — the EIA routinely revises production estimates for several months after initial release. That is standard practice in energy statistics, not a flaw in the underlying finding. The record-setting nature of 2023 Texas production is not in dispute in any energy literature.

Texas now accounts for roughly 43% of all U.S. crude output, itself a record share according to the EIA's January 2024 Short-Term Energy Outlook. To put that in global context, Texas alone would rank among the world's top oil-producing nations. The Permian Basin's continued efficiency gains — driven by improved drilling techniques and longer lateral wells — are the structural reason output has climbed even as rig counts have not returned to pre-pandemic highs.

The manipulation pattern to watch for here runs in the opposite direction from most debunks: this claim is sometimes selectively deployed to argue that energy policy has no effect on production, ignoring that the Permian boom reflects decade-long private investment cycles rather than any single administration's decisions. The production record is real; the policy conclusions drawn from it deserve separate scrutiny. When you see a verified statistic weaponized to settle a different argument, check whether the evidence actually speaks to that second claim.

Sources

  • U.S. Energy Information Administration (EIA), Petroleum & Other Liquids Data

    Texas crude oil production reached approximately 5.6 million barrels per day in late 2023, surpassing all previous state-level records. EIA monthly data, 2023.

  • EIA, Short-Term Energy Outlook, January 2024

    EIA reported that U.S. total crude oil production set an all-time annual record of about 12.9 million barrels per day in 2023, with Texas accounting for roughly 43% of that output — itself a record share. EIA, January 2024.

  • Texas Railroad Commission, Oil and Gas Production Data

    The Texas Railroad Commission's production reports confirm Texas crude output in the Permian Basin alone exceeded 6 million barrels per day by late 2023, a historic high for the basin and the state. Texas RRC, 2023.

  • EIA, 'U.S. crude oil production reaches record high in 2023,' Today in Energy

    EIA explicitly stated that U.S. crude oil production averaged a record 12.9 million barrels per day in 2023, driven primarily by record output in Texas's Permian Basin. EIA, February 2024.

  • S&P Global Commodity Insights, Permian Basin Production Report 2023

    S&P Global reported Permian Basin (predominantly Texas) crude production surpassed 6 million b/d in Q4 2023, a record for the basin, confirming Texas's record-setting role. S&P Global, 2023.

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