This estimate (now preferred by Dean Fantazzini) is 35 kb/d lower than the EIA estimate for Sept 2016 (which is the most recent EIA estimate). Texas C+C output has fallen by about 500 kb/d from the April 2015 peak. Dean Fantazzini said the following in an email: I am still using a 3-month window because, after the structural break in February 2016, the correcting factors are still decreasing (even though at a lower pace). As discussed earlier, there are 2 reasons for this phenomenon: 1) digitalization at Texas RRC, which should speed up the processing of data filings, 2) lower production, which clearly results in a quicker data processing. At the moment, unfortunately, it is not clear which factor is more important: in the medium/long term, the digitalization process at Texas RRC should make Texas data […]