AUSTIN – The Texas oil and natural gas industry shattered another string of records in 2025, according to the Texas Oil & Gas Association’s (TXOGA) newly released 2025 Energy & Economic Impact Report (EEIR). Highlights from the report include $27.0 billion in state and local taxes and state royalties paid by the oil and natural gas
Texas Oil & Natural Gas Industry Paid $27.0 Billion in State and Local Taxes, State Royalties TXOGA President Todd Staples: “In Fiscal Year 2025, oil and natural gas proved, once again, to be the power behind Texas’ progress.” AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
AUSTIN – The Texas Workforce Commission, having skipped data releases during the federal shutdown that included the Bureau of Labor Statistics, has resumed job data publication. Today the Commission released September 2025 data, indicating that upstream oil and gas employment fell by 1,300 in September compared to August. Despite recent flat performance, growth for this
Reading the Signals: Accuracy Matters When the World Is This Uncertain R. Dean Foreman, Ph.D., Chief Economist, Texas Oil & Gas Association Forecasting is never simple, but 2025 has been a year when the ability to separate meaningful signals from background noise has mattered more than ever. Data releases have been uneven, financial markets volatile,
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
Industry Titans Vicki Hollub, President and CEO of Occidental, and Alan Smith, Operating Partner at Quantum Capital Group and Executive Chairman of Rockliff Energy III, Recognized with TXOGA’s Distinguished Service Award Featured Speakers included Scott Mason, U.S. EPA Region 6 Administrator, Ken Hersh, Veteran Energy Investor and former George W. Bush Presidential Center CEO, and
AUSTIN – The Texas Oil & Gas Association (TXOGA) today celebrated the U.S. Environmental Protection Agency’s (EPA) final approval of Texas’ application for Class VI primacy. This historic decision grants the Railroad Commission of Texas (RRC) regulatory authority to permit Class VI wells, establishing Texas as the premier global location for carbon capture and storage
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
Introducing Texas Electricity Power Pulse: Tracking Reliability, Affordability, and Growth in ERCOT The oil and natural gas industry is the backbone of Texas’ economy—powering value chains that support millions of jobs, drive U.S. energy supply and exports, and fuel the prosperity that makes Texas globally competitive. To fuel that growth, the industry itself depends on
AUSTIN – The Texas Oil & Gas Association (TXOGA) commends the Railroad Commission of Texas on its recently issued permit that will allow Occidental to safely sequester CO2 from its STRATOS Direct Air Capture (DAC) facility. The facility will use DAC technology to capture anthropogenic CO2 and inject it for permanent storage deep underground. Texas’ action
SAN ANTONIO – Today, the South Texas Energy & Economic Roundtable (STEER) hosted an awards luncheon honoring the winners of the 13th Annual Eagle Ford Excellence Awards: the San Antonio Food Bank, South Texas Recovery Foundation, Repsol, CERA Solutions, EOG Resources, and Miss Western Week Scholarship Program. The Eagle Ford Excellence Awards honor companies and
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
AUSTIN – Data from the Texas Workforce Commission show upstream oil and natural gas employment grew by 200 in August compared to July. Growth for this calendar year so far remains a positive 4,200 upstream jobs, and at 205,100 upstream jobs, compared to the same month in the prior year, August 2025 jobs were up
The following was written by Dean Foreman, Ph.D., Chief Economist at the Texas Oil & Gas Association (TXOGA): Jeremy Foley, the former athletic director at the University of Florida, famously said, “What must be done eventually, should be done immediately.” That mindset—swift action in the face of inevitability—doesn’t seem to be the rule in today’s
HOUSTON – Oil and natural gas industry innovation headlined the Energy Elevated Technology Showcase in Houston today, hosted by the Texas Oil & Gas Association (TXOGA). “The technology on display at today’s showcase is a glimpse into the future of energy. The brilliant minds gathered at today’s Energy Elevated Showcase are improving operations and redefining what’s
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
S&P Global Commodity Insights Report Highlights Dramatic Decline in Last Two Years Oil and natural gas operators in the Permian Basin reduced their operations’ methane intensity by more than 50% in the past two years, according to new data from S&P Global Commodity Insights. This dramatic emissions reduction comes amid soaring production from one of
AUSTIN – Data from the Texas Workforce Commission show upstream oil and natural gas employment fell by 1,400 in July compared to June. June’s job loss has been revised to 1,500—less severe than the previously estimated 2,700. Despite declines over the past two months, year-to-date growth remains positive at 4,300 upstream jobs. Following the release
The following was written by Todd Staples, President of the Texas Oil & Gas Association (TXOGA): World-leading production and unmatched environmental progress define the Permian Basin. In one of the most prolific oil and natural gas basins in the world, Permian Basin operators have slashed methane emission intensity by more than half in just two years,
Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry
