Oil and Natural Gas Royalties Paid to State Up 18%, Totaling $2.0 billion in FY 2018

1-17-2019

Texas Permanent School Fund is Nation’s Largest Educational Endowment

AUSTIN – The Texas oil and natural gas industry paid $2.0 billion in royalties to the State of Texas in fiscal year 2018, up 18 percent over the previous year.  The majority of these royalties are used to capitalize the Permanent School Fund (PSF), which benefits the public schools of Texas, and the Permanent University Fund (PUF),…

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Upstream Oil and Natural Gas Employment Update: Jobs Fell by 500 in November

1-4-2019

AUSTIN – Data from the Texas Workforce Commission shows that upstream* oil and natural gas employment fell by 500 jobs in November compared to October, ending a 23-month long consecutive increase in upstream job growth.

“We have seen tremendous growth in the oil and natural gas industry in Texas, including consistent job expansion, but growth is not guaranteed. The industry is vitally important to our state’s economy and national security,…

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TXOGA on the Successes of the Environmental Partnership on its First Anniversary

12-12-2018

AUSTIN – Industry-led initiative doubles participation in first year

 

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association:

“The Environmental Partnership was formed to ensure that the United States oil and natural gas industry, a global energy leader, continues to work collaboratively to reduce its environmental footprint, while safely and responsibly growing energy production….

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