June: TXOGA Monthly Digest

June 30, 2022 Check out our Monthly Digest for June below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: MONTHLY DIGEST | JUNE RECOMMENDED READING TXOGA Statement on Passing of Texas Oil Giant Curtis Mewbourne STEER celebrates decade of progress IEA: 2023 world oil demand to surpass pre-pandemic…

Todd Staples, president of the Texas Oil & Gas Association, issued the following statement regarding a study released by the UT Bureau of Economic Geology/TexNet on seismic activity in the Delaware Basin and its link to oil and gas operations: “Many oil and natural gas operators in Texas were involved in the research that informed…

Texas and America lost a giant with the passing of Curtis Mewbourne, founder of Mewbourne Oil Company, which started as a small independent oil company and grew into one of the largest privately owned oil and gas companies in the country. Mr. Mewbourne’s leadership in the oil and natural gas industry is legendary. In fact,…

Ahead of the President’s travel to the Middle East next month, the Texas Oil and Gas Association today joined with 27 energy associations to urge President Biden and his Cabinet to visit America’s major energy facilities – from production to distribution to refining to innovation hubs – as geopolitical volatility and energy costs continue to…

Texas Oil & Gas Association President Todd Staples issued the following statement in response to President Biden’s letter to companies in the Texas oil and natural gas industry: “It is encouraging the Administration now seems to be embracing oil and natural gas as the essential products they are and seeking input from the industry on…

As the world weans itself off of Russian oil and natural gas, countries are turning to America for energy leadership, and Texas is positioned to deliver. The EIA predicts energy demand will increase by 50% from now to 2050. The reality is we need more energy not less, so we need increased production in response…

June 2, 2022 Texas Comptroller Glenn Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers are paying record amounts in production taxes to the State of Texas. According to the Comptroller’s data, in April, Texas oil producers paid a record $666 million to the state in oil production taxes, the…

Los datos de la recaudación tributaria al gobierno estatal publicados recientemente por el Contralor Estatal de Texas Glenn Hegar han dado a conocer que los productores de petróleo y gas natural de Texas han aportado cantidades a nivel récord en impuestos sobre la producción. Según la información publicada por la Contraloría, en el mes de…

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