Texas Oil and Natural Gas Producers Are Paying Record Amounts in Production Taxes

June 2, 2022 Texas Comptroller Glenn Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers are paying record amounts in production taxes to the State of Texas. According to the Comptroller’s data, in April, Texas oil producers paid a record $666 million to the state in oil production taxes, the…

Los datos de la recaudación tributaria al gobierno estatal publicados recientemente por el Contralor Estatal de Texas Glenn Hegar han dado a conocer que los productores de petróleo y gas natural de Texas han aportado cantidades a nivel récord en impuestos sobre la producción. Según la información publicada por la Contraloría, en el mes de…

May 25, 2022 KENEDY – In honor of the 10th anniversary of its establishment, the South Texas Energy and Economic Roundtable (STEER) today hosted a 10-Year Tribute Luncheon to look back on the past decade of environmental, economic, operational and community benefits in the South Texas region from a robust oil and natural gas sector.…

May 20, 2022 Data released by the Texas Workforce Commission shows 5,200 upstream oil and natural gas jobs were added in April, the highest monthly growth in nearly 11 years. “Despite continued policy setbacks and supply bottleneck challenges, oil and natural gas companies are moving forward to meet demand here at home and abroad,” said…

May 9, 2022 8 Featured Presenters, Haliburton Labs Managing Director Keynoted https://youtu.be/7HoLpVnrreo AUSTIN – Technology and innovation from the oil and natural gas industry was on display today at the Energy Elevated Technology Showcase, presented by the Texas Oil & Gas Association in partnership with the Texas Methane and Flaring Coalition. “The world has an…

Reuters By Arathy Somasekhar and Stephanie Kelly April 29, 2022 HOUSTON, April 29 (Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to offset the expected loss of Russian oil, according to shipping data, traders and analysts. As the European…

Todd Staples, president of the Texas Oil & Gas Association, issued the following statement after word that the U.S. Department of Energy approved permits for two LNG export companies, including Golden Pass LNG in Houston, Texas, to sell American energy overseas: “Developing American energy infrastructure is vital to delivering reliable and affordable oil and natural…

April 18, 2022 AUSTIN – Data released by the Texas Workforce Commission shows oil and natural gas upstream jobs grew by 4,300 in March, showing increasing strength in upstream oil and natural gas employment in the state. “The Texas oil and natural gas industry has proven resilient over the years and continued job growth in…

March 24, 2022 TXOGA’s involvement in two events this week in different parts of the state showcased the important role our state’s oil and natural gas industry – from East Texas to the Gulf Coast and everywhere in between – plays on the global stage. The 11th Annual Northeast Texas Energy Summit took place in…

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