Texas

One quarter into the 2021 fiscal year, the Railroad Commission of Texas (RRC) is ahead of its goal to have 5% or less of the oil and natural gas wells in the state uninspected at least once every five years. Only 4.28% of the nearly 440,000 wells in Texas have not been inspected at least…

Texas crude oil and natural gas production posted double-digit percentage losses year/year in October as the state continued to grapple with weakened demand and a soft price environment, according to the Railroad Commission of Texas (RRC). The average daily production of natural gas in Texas declined by more than 16% year/year in October, while crude…

The number of total jobs in Texas’ upstream sector dipped in November after showing positive gains in October and November, driven principally by layoffs in the services sector.  The Texas Independent Producers & Royalty Owners Association (TIPRO) reported new government data showing that the sector experienced a decline of 2,300 jobs in November compared to…

Routed by Covid-19, the Texas upstream oil and gas sector has lost more jobs this year than originally reported, according to a top industry group. Using internal data and information provided by the Federal Reserve Bank of Dallas, aka Dallas Fed, workforce reductions in the state over the past year are steeper than first estimates,…

The Texas oil and gas industry has faced a unique set of challenges this year, but it continues to provide strong economic support and will for decades to come, according to one of the state’s top energy groups. The Texas Independent Producers & Royalty Owners Association (TIPRO) issued its latest report Thursday on employment trends,…

A Sentinel Midstream LLC subsidiary said Monday it has received a draft environmental impact statement (DEIS) for the deepwater crude oil export facility planned off the coast of Freeport, TX. The U.S. Coast Guard and the U.S. Maritime Administration (MARAD) issued the DEIS for the Texas GulfLink project, a “critical step in the regulatory process…

The Texas oil and gas jobs picture was brighter in October for the second consecutive month, but there remains an overhang from Covid-19’s pressure on demand, according to a top energy industry group. The state’s upstream sector added 600 jobs in October, the Texas Oil and Gas Association (TXOGA) said Wednesday. September’s job gains also…

Texas is expected to have more than enough power to meet consumption needs this winter and spring, according to the grid operator for most of the state. The Electric Reliability Council of Texas (ERCOT) is forecasting demand this winter to peak at 57,699 MW, which is far below the all-time winter high of 65,915 MW…

The Texas oil and gas pipeline sector supported more than 238,000 high paying jobs and contributed more than $48.6 billion to the state in 2019, according to a Texas Tech University study. The report, by Tech’s Center for Energy Commerce at the Rawls College of Business, was commissioned by the Austin, TX-based Texas Pipeline Association…