Oil Fields in Texas Showing Their Age

Texas’ most famous and venerable oil fields are showing their age.

The Permian Basin, which stretches from Lubbock and Midland to the New Mexico border and has long been the state’s center of production, showed a decline in oil production from 304 million barrels in 1994 to 236 million barrels last year.

The decline is even starker in East Texas, where production from the Red River to the Gulf Coast has dropped from 90.5 million barrels in 1994 to 43.5 million barrels last year.
Star-Telegram.com