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
Author: Stephen Chang
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
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
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
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
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
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
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
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
December: TXOGA Monthly Digest
Check out our Monthly Digest for December below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: RECOMMENDED READING TXOGA Statement on Passing of Former President Rob Looney Texas Oil and Natural Gas Industry Outlines Winter Weather Preparedness TXOGA Winter Weather Situation Report RRC Chairman: Oil, gas