Author: Stephen Chang

TXOGA Joins Industry Groups In Creation of Texas CARES

AUSTIN – Earlier this month, the Texas Oil & Gas Association (TXOGA), along with industry groups such as the Texas Association of Manufacturers (TAM), Texas Chemical Council (TCC) and Texas Industrial Energy Consumers (TIEC) formed a new coalition called Texas Consumers for Affordable and Reliable Electricity Solutions (Texas CARES).

CONTINUE READING TXOGA Joins Industry Groups In Creation of Texas CARES 1 min read

Upstream Oil and Natural Gas Employment in Texas Sees Growth in March

AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and natural gas employment in Texas saw growth in March, with the sector adding an additional 1,500 jobs.

CONTINUE READING Upstream Oil and Natural Gas Employment in Texas Sees Growth in March 1 min read

Upstream Oil and Gas Employment in Texas Continues to Grow in January

AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and gas employment in Texas continues to grow, with the sector adding an additional 1,700 jobs in January.

CONTINUE READING Upstream Oil and Gas Employment in Texas Continues to Grow in January 1 min read

Hundreds of Texans, 60+ Partner Organizations Gather in Austin for Texas Energy Day @ the Capitol

AUSTIN – Hundreds of Texans, including employees, partners and supporters of the Texas energy industry, convened in Austin today for Texas Energy Day @ the Capitol, an event sponsored by more than 60 companies, associations and chambers of commerce from across the state to reinforce the importance of the oil and natural gas industry to our state and nation’s economic and energy security.

CONTINUE READING Hundreds of Texans, 60+ Partner Organizations Gather in Austin for Texas Energy Day @ the Capitol 5 min read

TXOGA Statement in Support of Texas Jobs and Security Act

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued the following statement in support of HB 5, the Texas Jobs and Security Act filed by Chairman Todd Hunter: “Thank you to Texas House Speaker Dade Phelan and Chairman Todd Hunter for moving the Lone Star State in the right

CONTINUE READING TXOGA Statement in Support of Texas Jobs and Security Act 1 min read

Newly Published Assessment Finds Performance Credit Mechanism Would Cost Consumers $5.7 Billion Annually; Dispatchable Reliability Reserve Service Would be More Effective at a Fraction of the Cost

AUSTIN – The proposed Performance Credit Mechanism being considered among ERCOT market reform options, “would entail billions in costs for customers without a meaningful improvement in reliability,” according to an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing advanced economic, financial, and econometric analyses to law firms, companies, and government agencies.

CONTINUE READING Newly Published Assessment Finds Performance Credit Mechanism Would Cost Consumers $5.7 Billion Annually; Dispatchable Reliability Reserve Service Would be More Effective at a Fraction of the Cost 3 min read

TXOGA Winter Weather Situation Report

A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Across the U.S. natural gas production is holding steady and is forecasted to increase while power demand is beginning to decrease. Texas natural gas production, processing, transmission, and storage sectors continues to perform. Overall, according to RBN Energy,

CONTINUE READING TXOGA Winter Weather Situation Report 3 min read

TXOGA Winter Weather Situation Report

Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts. According to S&P Global Platts, the 30-day average for Texas onshore production is expected to be strong on Tuesday, January 31, with daily production averaging 24.97 bcf/d.

CONTINUE READING TXOGA Winter Weather Situation Report 3 min read

What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report

AUSTIN – The Texas Oil & Gas Association (TXOGA) yesterday released its annual Energy & Economic Impact Report highlighting the industry’s continued and unmatched economic impact, the Lone Star State’s global energy leadership, and what is needed to continue meeting our nation and the world’s energy needs.

CONTINUE READING What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report 4 min read

Eagle Ford: Texas Oil and Natural Gas Industry Paid Record $24.7 Billion in Taxes and State Royalties in Fiscal Year 2022, Shattering Previous High by 54%

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA)

CONTINUE READING Eagle Ford: Texas Oil and Natural Gas Industry Paid Record $24.7 Billion in Taxes and State Royalties in Fiscal Year 2022, Shattering Previous High by 54% 5 min read

Permian Basin: Texas Oil and Natural Gas Industry Paid Record $24.7 Billion in Taxes and State Royalties in Fiscal Year 2022, Shattering Previous High by 54%

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA)

CONTINUE READING Permian Basin: Texas Oil and Natural Gas Industry Paid Record $24.7 Billion in Taxes and State Royalties in Fiscal Year 2022, Shattering Previous High by 54% 4 min read

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