Tag: news

AUSTIN – Todd Staples, president of the Texas Oil & Gas Association, issued the following statement regarding Comptroller Hegar’s announcement that he revised the Certification Revenue Estimate upward, increasing his November estimate of General Revenue-related funds available for certification by $13.75 billion: “Comptroller Hegar’s increased revenue forecast means good news for Texans, and the oil and natural […]

AUSTIN – Texas Comptroller Glen Hegar’s recently released tax collections data reveals that Texas oil and natural gas producers continue to pay record amounts in production taxes to the State of Texas, reaching new highs in June. According to the Comptroller’s data, in June, Texas oil producers paid $679 million, the highest monthly collection on […]

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 Todd Staples, president […]

AUSTIN – Data released by the Texas Workforce Commission shows increasing strength in upstream oil and natural gas employment in the state. In February 2022, Texas upstream jobs grew by 5,100, the highest spike in over a decade* and the second highest jump in at least 32 years. “A year ago, many people were questioning […]

By Todd Staples, President, Texas Oil & Gas Association In the wake of the crisis in Ukraine, last week the U.S. Secretary of Energy called upon American energy producers to increase output “to stabilize the market and minimize harm to American families.” This comes after more than a year of this Administration taking deliberate steps […]

AUSTIN–Last year showed steady recovery for upstream oil and gas employment in Texas and new data from the Texas Workforce Commission confirms that this climb continues. In January 2022, Texas upstream jobs grew by 1,200. Since the low point in employment in September of 2020, job growth months outnumbered decline months 14-to-2 with an average […]