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% Texas Independent School Districts received $1.65 billion, Counties received $608.6 million in property taxes from oil and natural gas production, pipelines and gas utilities AUSTIN – According to just-released data from
Check out our Monthly Digest for November below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: RECOMMENDED READING Industry starts to look at Austin for next legislative session Texas oil and natural gas job gains continue despite threats of federal overreach Energy industry officials call out
STEER honors those going above and beyond in the Eagle Ford Shale October 13, 2022 The South Texas Energy and Economic Roundtable (STEER), announced today that the Bee County Sheriff’s Department, Chesapeake Energy Corporation, ConocoPhillips, Transect Inc., the Port of Corpus Christi and DeepWell Energy Services are the recipients of the 2022 Eagle Ford Excellence Awards.
Check out our Monthly Digest for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: MONTHLY DIGEST | SEPTEMBER RECOMMENDED READING TXOGA Announces Hiring of New Director of Communications Texas oil, gas production taxes top $10 billion for first time ‘Tone deaf’: Texas comptroller speaks out against
September 19, 2022 Data released by the Texas Workforce Commission indicates that upstream oil and natural gas employment grew in August by 2,600 jobs from July. July’s gains were revised down to a still-solid 3,100 jobs added. “Upstream employment is growing steadily alongside the world’s demand for affordable, reliable energy. The Texas oil and natural
Annual Oil and Gas Tax Collections 88% Higher than Previous Record in 2014 September 2, 2022 AUSTIN — Texas Comptroller Glenn Hegar’s recently released tax collections data indicates production taxes paid by the oil and natural gas industry to the State of Texas broke $10 billion for the first time in history — an incredible
September 1, 2022 The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association: “We appreciate the work and effort of the State Energy Plan Advisory Committee but the 7-5 vote demonstrates more deliberation and research are needed. The report failed to look at the energy needs for Texas broadly
August 30, 2022 The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association: “Senate Bill 3, passed by the 87th Legislature, strengthened the electricity grid and the natural gas supply chain. The Texas Railroad Commission (RRC) has finalized rules regarding weather emergency preparedness standards for natural gas facilities, and
In a recent The Center Square article, TXOGA president Todd Staples emphasized the importance of recognizing the progress the Texas oil and natural gas industry is making in reducing emissions and improving environmental performance, especially in light of the federal government’s recent actions to aggressively develop new and burdensome regulations that would negatively impact the
Upstream Employment Tops 200,000 for First Time Since March 2020 August 19, 2022 AUSTIN – Data released by the Texas Workforce Commission indicates that upstream oil and natural gas employment grew in July by 6,800 jobs from June, the second highest monthly increase in data history.* Last month’s record-breaking job growth has been revised upward
