Dean has provided his monthly update for Texas Oil and Natural Gas. The most recent month’s estimate is often volatile and may be ignored, the June and May estimates are likely pretty good (within 1 percent and 2 percent), the April 2016 estimate is likely to be robust (within 1 percent of the final value). The June EIA estimate is 240 kb/d lower than Dean’s estimate (about 7 percent too low). The numbers above the lines are for Dean’s estimate and the numbers below the lines are the EIA estimates for each month.

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