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.
Tag: news
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.
Texas Oil and Natural Gas Legislative District Vital Statistics
Each Legislative Session, TXOGA releases vital statistic 1-pagers for every Texas legislative district reflecting the positive influence of oil and natural gas, including jobs and revenue generated by this industry
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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
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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.
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TXOGA Statement in Support of Legislation Protecting Energy Choice
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued the following statement in support of SB 1017 filed by Senator Brian Birdwell and HB 2374 filed by Representative Brooks Landgraf:
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Op-Ed: Oil and Natural Gas Key to Texas’ Prosperity
The following op-ed was written by Todd Staples, president of the Texas Oil & Gas Association, and was originally published by the Rio Grande Guardian on February 1, 2023
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,
TXOGA Winter Weather Situation Report
Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts.
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.
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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.
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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)
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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)
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La Industria Petrolera y de Gas Natural de Texas Aportó Cantidad Récord de $24.7 Mil Millones en Impuestos y Regalías Estatales en el Año Fiscal 2022, Sobrepasando el Récord Anterior con un 54%
AUSTIN – Según datos recién publicados por la Asociación de Petróleo y Gas Natural de Texas (TXOGA), la industria petrolera y de gas natural de Texas aportó un total de $24.7 mil millones en impuestos locales y estatales y regalías estatales – el total más alto en la historia de Texas por 54% – sobrepasando así el récord anterior de poco más de $16 mil millones establecido en el año 2019.
Oil and Gas Jobs in Texas Continue Growth in December to Close Out 2022
AUSTIN – Data released by the Texas Workforce Commission indicates that upstream oil and gas employment in Texas continues to grow, with the sector adding 1,300 jobs in December. In 2022, upstream oil and gas saw significant increases in hiring with the job count growing by 36,100 jobs for the year.
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TXOGA Statement on Public Utility Commission’s Vote Recommending the Creation of a Performance Credit Mechanism
AUSTIN – The following statement can be attributed to Todd Staples, President of the Texas Oil & Gas Association (TXOGA):
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TXOGA Announces New President of the TXOGA Insurance Agency
AUSTIN – The Texas Oil & Gas Association (TXOGA) today announced the naming of Neal Carlton as President of the TXOGA Insurance Agency. Carlton most recently served as Vice President of Membership & Corporate Secretary at TXOGA for more than seven years.
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TXOGA Statement on Texas Comptroller’s Biennial Revenue Estimate
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association (TXOGA) today issued the following statement on Texas Comptroller Glenn Hegar’s biennial revenue estimate of a record-breaking $188.2 billion:
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TXOGA Statement on EPA Decision to Not Pursue Designation of the Permian Basin as a Non-Attainment Area
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association (TXOGA) today issued the following statement
TXOGA Winter Weather Situation Report
A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production, processing, transmission, and storage sectors prepared with increased production and storage in 2022. S&P Global Platts estimates Texas production has increased 6% in 2022 over 2021 with an average daily production of 25.1 bcfd
Oil and Gas Jobs in Texas Experience Continued Growth in November
AUSTIN – Data released by the Texas Workforce Commission indicates that upstream oil and gas employment in Texas is experiencing continued growth, with the sector adding 2,600 jobs in November. Also notably, the job gain for October was revised upward to 3,100 from the original estimate of 2,800.