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Texas has broken the 45-year oil record by pumping 1.5 billion guns in 2018



Texas, the center of the shale boom, was sunk in oil.

Lone Star State production increased by 22% to 1.54 billion barrels in 2018, according to a report published Tuesday by the Texas Independent Producer and Royalty Owners Association.

The former Texas record of 1.28 billion barrels set in 1973.

The spike in Texas oil production was driven by the shale hotbed of the Permian Basin located in West Texas and New Mexico. Rapid technological improvements to drilling have changed into Permian in one of the largest and most important oilfields.

The economy of Texas grew. The report said the oil and gas industry supported a total of 352,371

direct jobs in Texas last year, up to 26,706 from 2017. And these jobs pay "too much," with an annual annual wage to $ 19,1706 – more than double the average salary of the state's private sector.


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