TOTAL VOLUME:
$150.1b
24H VOL:
$142,857,652
24H TRANSACTIONS:
2,859,322,643
OPEN INTEREST:
$1,733,278,615
483,990
Markets across
35,811
events
MATCHED EVENTS:
3,349
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
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
$
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.
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.
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.