View this report as a PDF here Keeping Power on Proves Best Winterization Tool As crews in the field worked through expected challenges, keeping the power on enabled technicians to troubleshoot issues on this vast system and keep sufficient volumes of natural gas flowing. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production,…
View this report as a PDF here Texas Has Abundance of Natural Gas NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE According to S&P Global Platts, 30-day average for Texas Onshore production continues strong during February 2022 with daily production averaging 1.5 Bcf/d more or almost 7% more than 2021. Source: Gas Daily Market Fundamentals, Feb 3.…
As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week. Oil and natural gas operators have extensive resources in place to monitor and prepare for inclement weather on an ongoing…
3,000 jobs added in December; employment has grown for past eight months AUSTIN – Data from the Workforce Commission suggests that Texas upstream oil and gas employment continues to climb as upstream employers expanded payrolls by 3,000 jobs in December 2021. At 188,700 upstream jobs, December 2021 jobs are up by 27,800, or 17.3%, from…
The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association: “A great deal of attention is focused on what, if any, impact the sudden temperature drop might have on statewide natural gas production. All reports we’ve received indicate declines are minimal, characteristic of daily fluctuations and within typical operational expectancies.…
Texas ISDs received $1.84 Billion, Counties received $640 Million in property taxes from oil and natural gas production, pipelines and gas utilities AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $15.8 billion in state and local taxes and state royalties in fiscal year…