TXOGA Winter Weather Situation Report

A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Across the U.S. natural gas production is holding steady and is forecasted to increase while power demand is beginning to decrease. Texas natural gas production, processing, transmission, and storage sectors continues to perform. Overall, according to RBN Energy,…

A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts. Production has held steady. RBN Energy estimates Texas production for Wednesday, February 1 to be 24.6 BCF. Downed power lines and road…

A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts. According to S&P Global Platts, the 30-day average for Texas onshore production is expected to be strong on Tuesday, January 31, with…

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…

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…

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…

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