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Economics
Texas crude oil production in 2026
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What will Texas crude oil production be in 2026?

Aug 18, 2026, 12:00 PM EST - Apr 7, 2027, 10:00 AM EST
Total volume:
$373,343
Volume 24h:
$2,282
366%
Liquidity:
N/AN/A
Open interest:
$41,261
3%

Above 5.6 million barrels/day

 - Kalshi

Above 5.6 million barrels/day - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Apr 7, 2027

Will Texas’s annual-average field production of crude oil for 2026 be above 5.6 million barrels/day?

99%chance
Amount

$

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Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 99¢ buys you 101 shares | Odds: 99% Total Payout: $101 | Net Profit: $1 Multiplier: 1.01x | ROI: 1% | APY: 2% 162 days to resolution
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Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Above 5.6 million barrels/day

Trade
99%
Yes 99¢No 2¢
1¢
N/A
$54,384
0%
0.12%
$949
5mo 1w 5d
active
kalshi

Above 5.7 million barrels/day

97%
Yes 98¢No 3¢
1¢
N/A
$182,021
0.01%
244%
$15,317
5mo 1w 5d
active
kalshi

Above 5.8 million barrels/day

23%
Yes 23¢No 78¢
1¢
N/A
$75,511
3%
12%
$12,594
5mo 1w 5d
active
kalshi

Above 5.9 million barrels/day

4%
Yes 4¢No 97¢
1¢
N/A
$61,427
0%
14%
$12,400
5mo 1w 5d
active
Total markets: 4

Description

This event tracks Texas's crude oil extraction levels over an entire year, reflecting broader energy trends and production capabilities. It uses a standardized government dataset to determine whether output surpasses specific thresholds, providing insight into state-level energy performance.

Kalshi

All markets resolve based on the U.S. Energy Information Administration’s (EIA) annual-average field production of crude oil for Texas in calendar year 2026. The EIA reports production in thousand barrels per day, which will be converted to million barrels per day by dividing by 1,000. Regardless of threshold level (5.6, 5.7, 5.8, or 5.9 million barrels/day), resolution exclusively uses EIA figures—even where they may differ from Texas Railroad Commission data—to ensure consistent, authoritative measurement of statewide crude oil output.

Frequently asked questions

The dashboard for the Texas crude oil production market on Kalshi tracks real-time odds, price history, and 24-hour volume of $2,282. It shows how traders on Kalshi are pricing expectations for Texas crude oil output in 2026, offering a dynamic view of market sentiment and trading activity as the event unfolds.

Compared to traditional analyst forecasts, prediction market odds for this market often reflect a more nuanced outlook by incorporating real-time trader sentiment and bettor dynamics. While analysts may provide detailed reports based on models, the market price captures a broader, crowd-sourced expectation that can diverge significantly depending on recent economic data, geopolitical developments, and supply-demand shifts.

On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, traders set the price through continuous bidding and asking, with the current top outcome priced at 99.0%. Volume of $373,343 reflects overall interest, and the market’s price fluctuates based on new information about energy policies, inventory reports, and global oil demand trends that could affect Texas production levels.

This market resolves around Apr 7, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The final production figure will be determined by official energy statistics sources, closing the market based on the exact Texas crude oil output recorded for the full year 2026.

Several signals could shift this market before resolution, including changes in U.S. energy policy, unexpected disruptions in oil infrastructure, shifts in global demand due to economic cycles, and inventory reports from major energy agencies. Any news that alters expectations for Texas drilling activity or overall crude production will likely cause price swings as traders adjust their positions.