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…

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…

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…

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…

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…

November 16, 2022 TXOGA ‘Energy Elevated’ Technology Showcase Opened Forum, Geopolitical Analyst and Author Peter Zeihan and Chairman of the Futurist Institute Jason Schenker Keynoted THE WOODLANDS – The Texas Oil & Gas Association’s (TXOGA) Lone Star Energy Forum in The Woodlands showcased innovation and the state, national and global leadership of the Texas oil…

Oil and Natural Gas Production Taxes Up 41 and 91%, respectively, over last September AUSTIN – Texas Comptroller Glen Hegar’s recently released tax collections data reveals oil and natural gas producers paid more than $1 billion in production taxes in September. According to the Comptroller’s data, in September, Texas oil producers paid $552 million in production taxes,…

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…

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…

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…

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