2023 Annual Energy & Economic Impact Report

Texas Oil and Natural Gas Industry Pays History-Making $26.3 Billion in State and Local Taxes, State Royalties Texas Rewrites its Oil & Natural Gas Record Book: Highest-Ever Totals in Production, Exports, Refining Outcomes, Crude Oil Supply, Tax Revenue TXOGA President Staples: “American Energy Leadership Starts in Texas” TXOGA Annual Energy & Economic Impact Report Shows:…

TXOGA Statement on the U.S. Department of Energy’s Report on the Impact of LNG Exports

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

Episode 20: Texas Oil and Gas is Winter Ready

In this episode, TXOGA President Todd Staples, Vice President of Government & Regulatory Affairs Shana Joyce and Chief Economist Dean Foreman discuss how record natural...

Oil and Natural Gas Operational Preparations and Record Production, Storage and Pipeline Capacity Keep Texas Winter Ready

AUSTIN – As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week and into this weekend.

TXOGA Economics and Energy Perspective Q4 2024: Texas Anchoring Energy and Economic Stability in 2025 and Beyond

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

Episode 19: Ports 101

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs are joined by Omar Garcia, Chief External Affairs...

November: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

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February 28, 2022

February: TXOGA Monthly Digest

February 24, 2022

TXOGA Statement: Ukraine Invasion Underscores Importance of Strong Domestic Energy Production

The invasion of Ukraine is extremely concerning, and we hope for a quick resolution.

February 24, 2022

TXOGA Situation Report 2/24/22: Texas Natural Gas Continues to Provide Significant Product Across the U.S. and Abroad During Inclement Weather

Texas natural gas production, processing, transmission and storage sectors continue robust performance. While daily production across the U.S. has decreased slightly, Texas continues to show strong performance.

February 23, 2022

Industry is Working Collaboratively Towards Solutions on Seismicity and Produced Water

The Permian Basin is the largest petroleum-producing region in the United States, and for a time in 2019, before the pandemic, it became the highest producing oilfield in the world. One assessment even concluded that the Permian Basin’s unproven, technically recoverable reserves are the largest on the planet.

February 14, 2022

A Stronger Natural Gas Supply Chain, A Stronger Texas

Just one year ago, Texas and much of the U.S. was hit with the deadly Winter Storm Uri. On this anniversary, Texans distinctly remember the lives lost and the unbearable conditions so many Texans across the entire state faced without power, water and the ability to get the basic necessities.

February 11, 2022

ICYMI: RRC Data Shows Continued Drop in Flaring

New data from the Railroad Commission of Texas reveals that Texas’ statewide flaring rate fell to an even lower record level at the end of 2021. The percentage of natural gas flared in Texas dropped to a new record low of 0.19% in November.

February 4, 2022

TXOGA Situation Report 2/4/22: Keeping Power on Proves Best Winterization Tool

As crews in the field worked through expected challenges, keeping the power on enabled technicians to troubleshoot issues on this vast system and keep sufficient volumes of natural gas flowing.

February 3, 2022

TXOGA Situation Report 2/3/22: Texas Has Abundance of Natural Gas

According to S&P Global Platts, 30-day average for Texas Onshore production continues strong during February 2022 with daily production averaging 1.5 Bcf/d more or almost 7% more than 2021.

February 1, 2022

Release: Texas Oil and Natural Gas Industry Outlines Winter Weather Preparedness

As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week.

December 18, 2024

TXOGA Statement on the U.S. Department of Energy’s Report on the Impact of LNG Exports

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

December 18, 2024

Episode 20: Texas Oil and Gas is Winter Ready

In this episode, TXOGA President Todd Staples, Vice President of Government & Regulatory Affairs Shana Joyce and Chief Economist Dean Foreman discuss how record natural...

December 16, 2024

Oil and Natural Gas Operational Preparations and Record Production, Storage and Pipeline Capacity Keep Texas Winter Ready

AUSTIN – As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week and into this weekend.

December 16, 2024

TXOGA Economics and Energy Perspective Q4 2024: Texas Anchoring Energy and Economic Stability in 2025 and Beyond

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

December 3, 2024

Episode 19: Ports 101

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs are joined by Omar Garcia, Chief External Affairs...

December 2, 2024

November: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

November 22, 2024

Texas’ Oil and Natural Gas Production Continues at Record Highs in October

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

November 18, 2024

Episode 18: Energy Elevated Technology Showcase

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs discuss the Energy Elevated Technology Showcase held in...

November 18, 2024

Texas Oil and Natural Gas Upstream Jobs Grew by 1,400 in October

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

November 15, 2024

TXOGA Lone Star Energy Forum Features 66th U.S. Secretary of State Condoleezza Rice and Governor Greg Abbott

THE WOODLANDS – The Texas Oil & Gas Association’s (TXOGA) Lone Star Energy Forum in The Woodlands showcased innovation and the state, national and global leadership of the Texas oil and natural gas industry.

November 11, 2024

Episode 17: Election Recap

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by U.S. Oil & Gas Association...

November 1, 2024

October: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

October 18, 2024

Texas Oil and Natural Gas Upstream Jobs Grew by 800 in September

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

October 17, 2024

Episode 16: Permian Basin Electricity Demand

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Dean Foreman, Chief Economist, for...

October 9, 2024

STEER Announces Winners of 12th Annual Eagle Ford Excellence Awards

SAN ANTONIO – The South Texas Energy and Economic Roundtable (STEER), announced today that Titan Fuel, Valero Three Rivers Refinery, Texan by Nature, Port of Corpus Christi, Devon Energy and ConocoPhillips are the recipients of the 2023 Eagle Ford Excellence Awards.

October 3, 2024

Episode 15: Fueling Texas Education, Part 2

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Representative Brad Buckley (R-Killeen), the...

October 1, 2024

September: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

September 26, 2024

TXOGA, PBPA and TAEP Issue Joint Statement Following PUC Approval of Permian Basin Reliability Plan

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

September 25, 2024

Texas TXOGA Hosts Energy Elevated Technology Showcase in San Antonio

HOUSTON - Innovation in the oil and natural gas industry was on display today at the Energy Elevated Technology Showcase in Houston, hosted by the Texas Oil & Gas Association (TXOGA) in partnership with the Texas Methane & Flaring Coalition.

September 20, 2024

Episode 14: Fueling Texas Education, Part 1

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Representative Brad Buckley (R-Killeen), the...

September 20, 2024

Texas Oil and Natural Gas Upstream Jobs Grew by 1,000 in August

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

In this episode, TXOGA President Todd Staples, Vice President of Government & Regulatory Affairs Shana Joyce and Chief Economist Dean Foreman discuss how record natural...

AUSTIN – As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week and into this weekend.

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs are joined by Omar Garcia, Chief External Affairs...

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

Categories:

February 28, 2022

February 24, 2022

The invasion of Ukraine is extremely concerning, and we hope for a quick resolution.

February 24, 2022

Texas natural gas production, processing, transmission and storage sectors continue robust performance. While daily production across the U.S. has decreased slightly, Texas continues to show strong performance.

February 23, 2022

February 14, 2022

Just one year ago, Texas and much of the U.S. was hit with the deadly Winter Storm Uri. On this anniversary, Texans distinctly remember the lives lost and the unbearable conditions so many Texans across the entire state faced without power, water and the ability to get the basic necessities.

February 11, 2022

New data from the Railroad Commission of Texas reveals that Texas’ statewide flaring rate fell to an even lower record level at the end of 2021. The percentage of natural gas flared in Texas dropped to a new record low of 0.19% in November.

February 4, 2022

As crews in the field worked through expected challenges, keeping the power on enabled technicians to troubleshoot issues on this vast system and keep sufficient volumes of natural gas flowing.

February 3, 2022

According to S&P Global Platts, 30-day average for Texas Onshore production continues strong during February 2022 with daily production averaging 1.5 Bcf/d more or almost 7% more than 2021.

February 1, 2022

As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week.

December 18, 2024

December 18, 2024

In this episode, TXOGA President Todd Staples, Vice President of Government & Regulatory Affairs Shana Joyce and Chief Economist Dean Foreman discuss how record natural...

December 16, 2024

AUSTIN – As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week and into this weekend.

December 16, 2024

December 3, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs are joined by Omar Garcia, Chief External Affairs...

December 2, 2024

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

November 22, 2024

November 18, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs discuss the Energy Elevated Technology Showcase held in...

November 18, 2024

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

November 15, 2024

THE WOODLANDS – The Texas Oil & Gas Association’s (TXOGA) Lone Star Energy Forum in The Woodlands showcased innovation and the state, national and global leadership of the Texas oil and natural gas industry.

November 11, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by U.S. Oil & Gas Association...

November 1, 2024

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

October 18, 2024

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

October 17, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Dean Foreman, Chief Economist, for...

October 9, 2024

SAN ANTONIO – The South Texas Energy and Economic Roundtable (STEER), announced today that Titan Fuel, Valero Three Rivers Refinery, Texan by Nature, Port of Corpus Christi, Devon Energy and ConocoPhillips are the recipients of the 2023 Eagle Ford Excellence Awards.

October 3, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Representative Brad Buckley (R-Killeen), the...

October 1, 2024

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

September 26, 2024

September 25, 2024

HOUSTON - Innovation in the oil and natural gas industry was on display today at the Energy Elevated Technology Showcase in Houston, hosted by the Texas Oil & Gas Association (TXOGA) in partnership with the Texas Methane & Flaring Coalition.

September 20, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Representative Brad Buckley (R-Killeen), the...

September 20, 2024

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

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