Author: Stephen Chang

What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report

AUSTIN – The Texas Oil & Gas Association (TXOGA) yesterday released its annual Energy & Economic Impact Report highlighting the industry’s continued and unmatched economic impact, the Lone Star State’s global energy leadership, and what is needed to continue meeting our nation and the world’s energy needs. In Fiscal Year (FY) 2022, the Texas oil

CONTINUE READING What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report 4 min read

Eagle Ford: 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%

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $24.7 billion in state and local taxes and state royalties—by far the highest total in Texas history—shattering the previous record of just over $16 billion set in 2019 by 54%. TXOGA President Todd

CONTINUE READING Eagle Ford: 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% 5 min read

Permian Basin: 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%

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $24.7 billion in state and local taxes and state royalties—by far the highest total in Texas history—shattering the previous record of just over $16 billion set in 2019 by 54%. TXOGA President Todd

CONTINUE READING Permian Basin: 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% 4 min read

La Industria Petrolera y de Gas Natural de Texas Aportó Cantidad Récord de $24.7 Mil Millones en Impuestos y Regalías Estatales en el Año Fiscal 2022, Sobrepasando el Récord Anterior con un 54%

AUSTIN – Según datos recién publicados por la Asociación de Petróleo y Gas Natural de Texas (TXOGA), la industria petrolera y de gas natural de Texas aportó un total de $24.7 mil millones en impuestos locales y estatales y regalías estatales – el total más alto en la historia de Texas por 54% – sobrepasando

CONTINUE READING La Industria Petrolera y de Gas Natural de Texas Aportó Cantidad Récord de $24.7 Mil Millones en Impuestos y Regalías Estatales en el Año Fiscal 2022, Sobrepasando el Récord Anterior con un 54% 6 min read

Oil and Gas Jobs in Texas Continue Growth in December to Close Out 2022

AUSTIN – Data released by the Texas Workforce Commission indicates that upstream oil and gas employment in Texas continues to grow, with the sector adding 1,300 jobs in December. In 2022, upstream oil and gas saw significant increases in hiring with the job count growing by 36,100 jobs for the year. “It is encouraging to

CONTINUE READING Oil and Gas Jobs in Texas Continue Growth in December to Close Out 2022 1 min read

TXOGA Statement on Public Utility Commission’s Vote Recommending the Creation of a Performance Credit Mechanism

AUSTIN – The following statement can be attributed to Todd Staples, President of the Texas Oil & Gas Association (TXOGA): “We listened intently to the PUC’s deliberation on electricity market redesign and recognize today’s work is the start of the process. We acknowledge the Commissioners’ comments to maintain competition and innovation in the solutions, but

CONTINUE READING TXOGA Statement on Public Utility Commission’s Vote Recommending the Creation of a Performance Credit Mechanism 1 min read
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TXOGA Announces New President of the TXOGA Insurance Agency

AUSTIN – The Texas Oil & Gas Association (TXOGA) today announced the naming of Neal Carlton as President of the TXOGA Insurance Agency. Carlton most recently served as Vice President of Membership & Corporate Secretary at TXOGA for more than seven years. As President of the Agency, he will oversee the TXOGA Workers’ Compensation Safety

CONTINUE READING TXOGA Announces New President of the TXOGA Insurance Agency 1 min read

TXOGA Statement on Texas Comptroller’s Biennial Revenue Estimate

AUSTIN – Todd Staples, president of the Texas Oil & Gas Association (TXOGA) today issued the following statement on Texas Comptroller Glenn Hegar’s biennial revenue estimate of a record-breaking $188.2 billion: “Today’s announcement by Comptroller Hegar is welcome news, and a continued testament to the enormous benefits of oil and natural gas activity for all

CONTINUE READING TXOGA Statement on Texas Comptroller’s Biennial Revenue Estimate 1 min read

TXOGA Statement on EPA Decision to Not Pursue Designation of the Permian Basin as a Non-Attainment Area

AUSTIN – Todd Staples, president of the Texas Oil & Gas Association (TXOGA) today issued the following statement: “The decision by the Environmental Protection Agency (EPA) to place the designation of the Permian Basin as a non-attainment area for the ozone standard in an inactive status is the correct one. The wide-open spaces of West

CONTINUE READING TXOGA Statement on EPA Decision to Not Pursue Designation of the Permian Basin as a Non-Attainment Area 1 min read

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