Crude oil production in Texas will again set historical records in February, exceeding 5.6 million barrels per day, in what will be a continuation of the upward trend shown since December, and which will extend into both 2024 and 2025, according to forecasts by the Texas Oil&Gas Association.

This upward trend in Texas confirms national forecasts. Thus, according to the US Energy Information Administration (EIA), oil production will resume growth in February, exceeding 13.3 million barrels per day, a figure that will remain stable until February 2025, when the daily production record is expected to be exceeded once again.

In a context in which the general increase in crude oil production will continue to grow, increasing the stress on infrastructures, Sarens, world leader in heavy lifting, engineered transport and crane rental services, recalls the importance of continuing to invest in the maintenance of processing and extraction plants already in operation, increasing predictive operations and reducing the time needed for corrective tasks when necessary, in order to maintain stable production.

As a result of its commitment to the oil & gas industry in Texas, Sarens has opened a new branch in Beaumont, from where it will offer a much closer contact with the companies and institutions that require its specialized services to be able to face their projects of installation and maintenance of oil & gas extraction and processing infrastructures with the due guarantees. In this new branch, Sarens will have an advanced fleet of large crawler cranes, mobile cranes and SPMTs (Self-Propelled Modular Transports) to meet any possible need of its customers.

Maintaining stable production will be key to the Texas economy, as it already accounts for 42% of all crude oil production in the country. According to data from the Texas Oil&Gas Association, this sector employs more than 480,000 people in the state, and contributes more than $26.3 billion in state and local taxes to the US economy, an increase of $1.5 billion more than in 2022. Excessive downtime at any of the oil extraction or processing plants could therefore have significant consequences for both employment and the state and national economy.

Sarens has already been involved in several projects aimed at strengthening the oil sector in the U.S. One example is the construction and modernization work at the Corpus Christi refinery in Texas, where Sarens used several of its larger capacity cranes, such as the 385 tonne Liebherr LR1350S crawler cranes transported from Australia, to lift and position two reactors and 58 modules.

About Sarens 

Sarens is the global leader and reference in crane rental, heavy lift and engineered transportation services. With state-of-the-art equipment, value engineering, one of the world’s largest inventories of cranes, transporters and special rigging equipment, Sarens offers creative and intelligent solutions to today’s heavy lifting and engineering transport challenges.  

With more than 100 entities in 65 countries operating without borders, Sarens is an ideal partner for small to large-scale projects. Sarens currently employs 4,543 highly qualified professionals who are ready to serve the needs of any client worldwide and in all market sectors. https://www.sarens.com/