February: TXOGA Monthly Digest

February 28, 2022 Check out our Monthly Digest for February below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: MONTHLY DIGEST | FEBRUARY RECOMENDED READING TXOGA Statement: Ukraine Invasion Underscores Importance of Strong Domestic Energy Production With Russian invasion of Ukraine, Texas’ Permian Basin is crucial to securing…

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association: “The invasion of Ukraine is extremely concerning, and we hope for a quick resolution. This conflict and the impact on global markets underscore the importance of strong domestic energy production. National security is directly tied to energy security, and…

View this report as a PDF here.  NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE 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. RBN Energy shows Permian production holding strong over the last week despite the inclement weather and low…

By Todd Staples, president of the Texas Oil and Gas Association 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…

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. With so many affected, we…

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. View the full release from the RRC here: Christian: Texas’ Flaring Rate…

View this report as a PDF here 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.   NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production,…

View this report as a PDF here Texas Has Abundance of Natural Gas   NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE 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. Source: Gas Daily Market Fundamentals, Feb 3.…

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. Oil and natural gas operators have extensive resources in place to monitor and prepare for inclement weather on an ongoing…

Archives:

Subscribe to our mailing list!

Sign up for our newsletter to stay updated on all the latest news and events.

NOTE: Fields with an asterisk * are required.

Contact us

If you are interested in Formula Membership please complete the form and we will be in touch shortly.

NOTE: Fields with an asterisk * are required.