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Texas crude oil production breaks 1970s record

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Crude oil production in Texas has beaten a previous record set in the 1970s, a new report from the Texas Independent Producers Royalty Owners Association stated.

 

Texas oil wells produced more than 1.54 billion barrels of crude in 2018, beating the previous record of 1.28 billion barrels set in 1973, TIPRO reported in its annual "State of Energy Report" early Monday morning.

Natural gas production also grew, reaching 8.8 trillion cubic feet in 2018, the report stated.

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