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

All articles loaded

No more articles to load

April 14, 2022

Guest Post From AXPC: Myths and Realities About Oil Prices

As Congress holds hearings on the price of oil, it is important to set the record straight on the various factors causing high gasoline prices. Fact: Prices are not caused by energy companies.

August 20, 2021

Another Day, Another Misleading Study from Earthworks

Earthworks recently published a “study” about flaring which included a recommendation to “stop permitting new oil and gas facilities.

August 18, 2021

TXOGA Statement on Earthworks Flaring Report

Unfortunately, as is often the case, misleading studies like this fail to recognize the truth that air quality continues to improve and emissions continue to decline due to industry’s continuous innovation.

July 19, 2021

Houston Chronicle Article on UT Report Belongs in Opinion Section, not Business

In an article last week, the Houston Chronicle writes on a recently-released report by the University of Texas (UT) titled

May 21, 2019

ICYMI: New Research Shows “Major Overestimation” of Methane Emissions From Oil and Natural Gas Production

AUSTIN-A newly-released analysis found a “major overestimation” of methane emissions from oil and natural gas operations in the United States.

October 1, 2018

Study: No Link Between Barnett Shale Natural Gas Production and Methane in Groundwater, Studies Conclude

The following study was conducted by researchers at The University of Texas at Austin and the University of Michigan that looks at groundwater wells in the Barnett Shale area.

April 3, 2017

Don’t Fear The Frack

Here is an article by Merrion Oil and Gas Investment Manager, George Sharpe. This article was published by Farmington Daily Times in March of 2017 and describes the fracking process.

September 1, 2016

TXOGA Statement on New Study “Gasping for Breath”

Todd Staples, president of the Texas Oil & Gas Association, released the following statement in response to the study by Earthworks and the Clean Air Task Force

July 12, 2016

CPR – Methane Study: Fracking An Unlikely Culprit For N. Colorado Groundwater Contamination

Researchers from the University of Colorado Boulder found that hydraulic fracturing, commonly known as "fracking" is not the source of methane found in groundwater supplies.

May 31, 2016

Staples – Let Real Facts Govern Energy

Fear is often wielded as a dangerous tool to influence public opinion and impact public policy. In Texas and beyond, many groups that are funded to oppose oil and natural gas development use misinformation and outright fabrication to create fear and confusion.

May 17, 2016

RELEASE: Historical Analysis of Seismic Events Paints Incomplete Picture

Austin – A ‘historical review’ of seismic activity released today does not follow recommendations for seismic evaluation as outlined by the StatesFirst seismicity primer[1] and its conclusions paint an incomplete picture, according to the Texas Oil & Gas Association (TXOGA).

May 4, 2016

UT Arlington Study Fails to Link Drilling and Water Contamination in West Texas

This week, researchers at University of Texas – Arlington (UTA) released a new study that suggests drilling may be impacting water quality in West Texas’ Cline Shale region.

April 28, 2016

TXOGA Statement on Environment Texas’ Report “Breakdowns in Air Quality”

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association.

March 30, 2016

TXOGA President Todd Staples on Coalition of AGs Attack on Oil and Natural Gas Industry

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association.

February 29, 2016

Study Shows Natural Gas Drilling Not Contaminating Water Wells in Carroll County Funders “Disappointed” in Results, Hoping Data Could Help Ban Fracking

A three-year study by the University of Cincinnati has determined that natural gas drilling has had no effect on the quality of water coming from wells in Carroll County.

February 17, 2016

Methane Emissions Extremely Low, Even as Natural Gas Production Skyrocketed

Several recent studies have found that methane emissions from natural gas systems have remained low even as natural gas production has skyrocketed.

December 7, 2015

Wind and Solar Power Not Reliable to Meet Energy Needs

Wind and solar generation requires significant government assistance to put power on the electricity grid and even then, wind and solar power is not reliable.

December 7, 2015

Natural Gas Activity Has Not Resulted in Air Exposures that Pose Health Concerns

FACT: Natural gas activity has NOT resulted in air exposures that pose health concerns.

December 7, 2015

Methane Emissions from Oil and Natural Gas Facilities Have Declined Dramatically

FACT: Methane emissions from oil and natural gas facilities have declined dramatically.

December 7, 2015

The Oil and Natural Gas Industry is One of the Most Regulated Industries in the Nation

FACT: The oil and natural gas industry is one of the most regulated industries in the nation.

December 7, 2015

Oil and Natural Gas Essential for More than Power

MYTH: You don't use oil and natural gas in your everyday life.

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:

April 14, 2022

As Congress holds hearings on the price of oil, it is important to set the record straight on the various factors causing high gasoline prices. Fact: Prices are not caused by energy companies.

August 20, 2021

Earthworks recently published a “study” about flaring which included a recommendation to “stop permitting new oil and gas facilities.

August 18, 2021

Unfortunately, as is often the case, misleading studies like this fail to recognize the truth that air quality continues to improve and emissions continue to decline due to industry’s continuous innovation.

July 19, 2021

In an article last week, the Houston Chronicle writes on a recently-released report by the University of Texas (UT) titled

May 21, 2019

AUSTIN-A newly-released analysis found a “major overestimation” of methane emissions from oil and natural gas operations in the United States.

October 1, 2018

The following study was conducted by researchers at The University of Texas at Austin and the University of Michigan that looks at groundwater wells in the Barnett Shale area.

April 3, 2017

Here is an article by Merrion Oil and Gas Investment Manager, George Sharpe. This article was published by Farmington Daily Times in March of 2017 and describes the fracking process.

September 1, 2016

Todd Staples, president of the Texas Oil & Gas Association, released the following statement in response to the study by Earthworks and the Clean Air Task Force

July 12, 2016

Researchers from the University of Colorado Boulder found that hydraulic fracturing, commonly known as "fracking" is not the source of methane found in groundwater supplies.

May 31, 2016

Fear is often wielded as a dangerous tool to influence public opinion and impact public policy. In Texas and beyond, many groups that are funded to oppose oil and natural gas development use misinformation and outright fabrication to create fear and confusion.

May 17, 2016

Austin – A ‘historical review’ of seismic activity released today does not follow recommendations for seismic evaluation as outlined by the StatesFirst seismicity primer[1] and its conclusions paint an incomplete picture, according to the Texas Oil & Gas Association (TXOGA).

May 4, 2016

This week, researchers at University of Texas – Arlington (UTA) released a new study that suggests drilling may be impacting water quality in West Texas’ Cline Shale region.

April 28, 2016

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association.

March 30, 2016

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association.

February 29, 2016

A three-year study by the University of Cincinnati has determined that natural gas drilling has had no effect on the quality of water coming from wells in Carroll County.

February 17, 2016

Several recent studies have found that methane emissions from natural gas systems have remained low even as natural gas production has skyrocketed.

December 7, 2015

Wind and solar generation requires significant government assistance to put power on the electricity grid and even then, wind and solar power is not reliable.

December 7, 2015

FACT: Natural gas activity has NOT resulted in air exposures that pose health concerns.

December 7, 2015

FACT: Methane emissions from oil and natural gas facilities have declined dramatically.

December 7, 2015

FACT: The oil and natural gas industry is one of the most regulated industries in the nation.

December 7, 2015

MYTH: You don't use oil and natural gas in your everyday life.

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