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 $10.83 billion for FY 2022.
Author: Ethan Riojas
Production Taxes Paid by Oil and Gas Industry Top $10 Billion in FY 2022 for First Time in History
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Production Taxes Paid by Texas Oil and Natural Gas Producers Break Records Again in July
By Ethan Riojas
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.