Texas Comptroller Glen Hegar’s recently released tax collections data indicates Texas oil and natural gas producers continue to pay record amounts in production taxes to the State of Texas, reaching all-time highs in July. According to the Comptroller’s data, in July, Texas oil producers paid $694 million in production taxes to the state, the highest monthly
Author: Haley Emerson
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July: TXOGA Monthly Digest
August 1, 2022 Check out our Monthly Digest for July below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: MONTHLY DIGEST | JULY RECOMMENDED READING Texas oil producers have a message for Biden: Use American energy, don’t beg from Saudis Nationwide Poll Shows Nearly 70% of All Voters
CONTINUE READING July: TXOGA Monthly Digest 1 min read
Record-Breaking Job Growth in Texas Upstream Oil and Natural Gas Sector in June
AUSTIN – Data released by the Texas Workforce Commission indicates that upstream oil and natural gas employment grew in June by 6,100 jobs from May, the highest monthly increase in data history, * surpassing the previous record growth of 5,600 jobs set in June of 2011. “The Texas oil and natural gas industry continues to
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TXOGA Statement on Comptroller Hegar’s Increased Revenue Forecast
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association, issued the following statement regarding Comptroller Hegar’s announcement that he revised the Certification Revenue Estimate upward, increasing his November estimate of General Revenue-related funds available for certification by $13.75 billion: “Comptroller Hegar’s increased revenue forecast means good news for Texans, and the oil
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Production Taxes Paid by Texas Oil and Natural Gas Producers Break Records Again in June
AUSTIN – Texas Comptroller Glen Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers continue to pay record amounts in production taxes to the State of Texas, reaching new highs in June. According to the Comptroller’s data, in June, Texas oil producers paid $679 million, the highest monthly collection on
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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
CONTINUE READING June: TXOGA Monthly Digest 1 min read
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TXOGA Statement on UT Bureau of Economic Geology/TexNet Study
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
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TXOGA Statement on Passing of Texas Oil Giant Curtis Mewbourne
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,
U.S. Energy Industry Invites President Biden to Visit American Energy Sites Ahead of Planned Trip to Saudi Arabia
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
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TXOGA on Pres. Biden Letter to Industry: Long Term Investment by Industry Requires Long Term Support
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