Texas oil and gas industry. Learn more about luxury business transportation services.
Texas oil and gas industry Aug 1, 2025 · Other Resources: NIOSH Program Portfolio: Oil and Gas Extraction Safety and Health Program Texas Department of Transportation (TxDOT): Energy Sector Safety Campaign Help from Your Insurance Company: If you have a workers’ compensation policy in Texas, your insurance company must give you free accident prevention help, including: surveys Jun 6, 2025 · Governor Greg Abbott signed into law a suite of bills aimed at protecting Texas' vital oil and gas industry while promoting economic growth in West Texas. Feb 26, 2025 · (The Center Square) – Of the roughly 4,000 bills filed in the Texas legislature so far, about 120 affect the Texas oil and natural gas industry, according to an analysis by the Texas Independent Producers and Royalty Owners Association (TIPRO). Census Bureau covering the Q3 2024. Jan 30, 2024 · Read TXOGA's newest Annual Energy & Economic Impact Report, highlighting the oil and natural gas industry's enormous impact on the Texas economy. This resource keeps members aware of the more recent industry news, as well as provides details on trends and other important association updates. , Texas is the undisputed big dog. Nov 5, 2024 · November 05, 2024 Statewide and county crude oil and natural gas production for August 2024 reported in the tables below came from 158,025 oil wells and 83,885 gas wells. In fact, the crude oil output in Texas reached an all-time high, driven mostly by the Permian Basin. Energy industry experts reveal 6 predictions for the oil & gas sector in 2025. New pipeline infrastructure improves our air quality and safety by ensuring fewer trucks are on roads and highway. Dec 19, 2023 · AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph. 62 trillion cubic feet. . Oil and Gas Activities While the regulation of oil and gas activities in Texas falls primarily under the jurisdiction of the Railroad Commission of Texas (RRC), the Texas Commission on Environmental Quality (TCEQ) plays an important role in the areas of air quality, surface water management, water quality, and waste management. Natural gas production hit a record 12. Jan 14, 2025 · President Joe Biden's executive action permanently ban future offshore oil and gas development across 625 million acres of U. The indispensable role this industry plays in Texas’ continued economic successes underscores the […] Aug 19, 2025 · Texas upstream employment fell by 1,400 in July, but oil and gas job postings climbed to 8,853 as labor market cools and LNG projects loom. Nov 21, 2023 · Numerous oil and gas production sites continued to be established across the state through the late 1800s and 1900s. ” Sep 30, 2025 · Business The Texas oil industry is feeling a little pessimistic Oil and gas companies are vexed by uncertain commodity prices and general uncertainty. The legislation, signed during a ceremony at the Permian Basin Petroleum Museum, includes Senate Bills 494, 529, 1806, House Bill 48, and a major budget appropriation for The Beacon project Feb 3, 2025 · February 03, 2025 Statewide and county crude oil and natural gas production for November 2024 reported in the tables below came from 159,727 oil wells and 82,958 gas wells. Jan 31, 2024 · Texas’ oil and gas industry continued to one-up itself in 2023, setting new records for production, exports, taxes paid, and more, according to a new report. Jan 7, 2025 · Read TXOGA's Annual Energy & Economic Impact Report, highlighting the oil and natural gas industry's enormous impact on the Texas economy. Trump’s latest round of 1 day ago · Upcoming oil and gas industry and association conferences and events. From the first noted discovery of oil in 1894 in Navarro County to the multiple oil drilling fields in place today, Texas has become a major player in the industry. The entrepreneurial spirit Jan 14, 2025 · Discover how the Texas oil and natural gas industry achieved record $27. 2024 represented another year in which the Texas Oil and Gas industry set new records in production. Jan 10, 2025 · Texas Oil and Gas Association said Tuesday the state’s industry paid a record $27. Jan 7, 2025 · The Texas Permanent School Fund is larger than Harvard’s endowment and is largest education endowment in the nation. Apr 9, 2024 · Texas Oil and Gas Production Hit Record Highs in 2023 April 09, 2024 AUSTIN – The state’s major energy industry reached new peaks last year with records set for both oil and gas production. Texas receives over $26. However, ongoing discussions about energy regulations, environmental concerns, and market dynamics have brought new challenges and opportunities to this crucial sector. Highlights from the report include a history-making $27. Nov 13, 2025 · 2025 UTA Oil & Gas Safety Conference (TXOGA Partnership Event) December 2, 2025 Hilton Americas | 1600 Lamar Street Houston, Texas 77010 Learn More A Lone Driller's Water Break drinking from a battered pan during the Texas Oil Boom in Kilgore, Texas, 1939 — a snapshot of boomtown grit and improvisation. However, when “incorporating direct, indirect, and induced multipliers for oil and gas employment,” the Texas oil and natural gas industry supported at least 2. The Lone Star State has been a major player in the nation’s Nov 13, 2025 · By developing Texas’ abundant supply of oil and natural gas, we significantly decrease our reliance on foreign sources of energy. May 7, 2024 · The biggest recipient of campaign donations from the industry isn’t Donald Trump or President Joe Biden, it’s a Texas House member who represents part of the Permian Basin. Browse 1000+ TEXAS OIL AND GAS jobs from companies (hiring now) with openings. S. By reading The TIPRO Target, members can gain the knowledge they need. 3 million barrels of crude oil per calendar day, which is Feb 5, 2024 · The Texas oil and gas industry paid a record breaking amount in taxes and royalties in 2023 Record production, plus increased exporting, made for a profitable year for the state’s energy sector. Such that in calendar year 2023 its oil production represented 43% of the total US gas production, while its gas production represented 28% of the total US gas production. Nov 12, 2025 · The approval gives the Texas Railroad Commission authority over underground carbon storage, a climate solution championed by Houston's oil and gas industry. These are the latest data reflecting the entire energy value chain. and home to large energy companies and innovative startups alike. Find out the impact of LNG exports on the market and the challenges facing Dec 19, 2023 · In the first three quarters of 2023, Texas exported oil, natural gas, and derived products worth $164 billion, according to the United States International Trade Commission. Explore prominent oilfield services companies in Texas, including Renegade Services and Wellbore Integrity Solutions, and their role in the industry. 3B revenues in 2024, driving growth, jobs, and sustainability. Commission staff anticipates that the production totals following that period are substantially complete, although continued minor Common Environmental Requirements for Oil and Gas Activities in Texas This guide aims to help you understand agency jurisdiction and basic environmental laws and regulations for oil and gas (O&G) activities. Nov 13, 2025 · AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. Jan 30, 2024 · Texas is a major crude oil and natural gas producing state. Feb 10, 2025 · Texas continues to show economic growth, including in the energy sector, but faces headwinds from policy uncertainties and inflation. 3 billion in state and local taxes and state royalties in fiscal year (FY) 2024–the highest total in Texas history–shattering last year’s record by almost a billion dollars. Mar 18, 2025 · Video courtesy of MyHighPlains. The state issued 665 original drilling permits in February 2025, with a strong focus on new oil and gas wells. Learn more about the energy industry in Texas. 1 million barrels of oil and 24 billion cubic feet of gas a day. 7 Permian Basin drilling permits from the Texas Railroad Commission, which regulates the oil and gas industry in the Lone Star Feb 19, 2025 · The following was written by Dean Foreman, Ph. When it comes to wages, oil and natural gas jobs in Texas paid the most, with an annual average wage of $128,876 Today, nearly 40% of the nation's oil comes from Texas. Texas ingenuity and innovation fuels America's economic engine. Jul 20, 2021 · AUSTIN – The Texas Oil and Gas Association (TXOGA) and the American Petroleum Institute (API) today released a new analysis of the oil and natural gas industry’s vast economic impact on Texas’s economy and highlighted its importance to the state’s post-pandemic recovery. 1 day ago · Texas Quick Facts Texas is the top crude oil- and natural gas-producing state in the nation. Energy Evolution Texas powers America's economy. 3 billion in state and local taxes and state royalties, funds that directly support Texas schools, teachers, roads, infrastructure, and essential services. Mar 18, 2025 · Texas leads the United States in oil and gas production, including producing 43% of the nation’s crude oil and 27% of its natural gas in 2023. Inside the Exhibition Explore the past, present, and future of the oil and gas industry in Texas and how it impacts the country and the world. Texas’ oil and gas industry continues to drive economic […] Mar 26, 2025 · The Texas oil and gas industry continued a hot streak in 2024 with production volumes surpassing records that were set in 2023. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont Texas’ Energy Evolution sector powers the state, the country, and the world. Texas also led all other states in industry employment in 16 out of 19 sectors used to define the oil and natural gas industry in 2024. Mar 3, 2025 · Nationwide, the industry supported more than 2 million direct jobs last year, with total direct and indirect jobs reaching nearly 23 million. That provides $72 million daily for schools, roads, first responders and more. 3 billion in state and local taxes and state royalties in The Texas energy sector has seen tremendous growth due to it being a top energy production state in the United States. The state's 35 refineries can process about 6. , Chief Economist at the Texas Oil & Gas Association (TXOGA): Texas’ oil and natural gas industry employment and wages have continued to grow, according to new data recently released by the Texas Workforce Commission and U. Discover the comprehensive overview of Houston's thriving oil and gas industry. Apr 4, 2025 · The week’s one-two punch threatens Texas oil and gas jobs as it weakens the global economy, softens demand for oil and oversupplies the market, while at the same time making essential production Oct 21, 2024 · The sun begins to set behind crude oil tanks and a pumpjack Tuesday, July 5, 2022 in Midland, Texas. Tom Craddick and Brooks Landgraf want to divert 10% of taxes collected on oil and gas production to help budget-strapped counties keep up with growth. goods and services purchased by the Texas oil and natural gas industry reached $307 billion last year, 81 percent of which came from Texas businesses, benefiting virtually every business sector in the state. Yet its cornerstone industry could be straining the Apr 9, 2025 · Texas is a dominant force in the nation’s oil and gas industry, supplying more than 40% of its oil and producing more natural gas than it can store, transport or sell. The creation of the oil and gas industry affected the infrastructure and culture of Texas and also impacts the whole world. Jan 30, 2024 · Crude oil and natural gas extraction in Texas reached record levels in 2023, according to the industry’s annual report. Mar 3, 2025 · The Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil Oil and Gas From the time Spindletop blew its oily stack, Texas has never been the same. Here are 10 things you may not have known about the oil and natural gas industry in Texas: 1. This industry is one of the most vital and far-reaching across the entire state. The Railroad Commission tallies production reports submitted by operators and the latest reports show these record-setting volumes in 2024: Apr 14, 2025 · Texas’s oil and gas industry has always been a significant part of the state’s economy, driving job creation and energy production. May 23, 2023 · Texas could soon have a new law that aims to make the state a sort of safe haven for the oil and gas industry by shielding it from federal climate and environmental regulation. Further, as crude and NGL production has climbed, in Jan 30, 2024 · AUSTIN According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $26. The Railroad Commission reports Texas oil production reached 2,003,844,281 barrels in Aug 29, 2024 · “Led by natural gas extraction and pipeline transportation, 15 of the 20 industry sectors that comprise the oil and natural gas industry reported employment growth in Q1 2024. Texas and the Permian Basin have led U. Crude oil production reported by the RRC is limited to oil produced from oil leases and does not include condensate, which is reported separately by the RRC. 6 million Texas jobs last year, the report notes. Sep 9, 2024 · While environmentalists say the new rules don’t do enough to protect groundwater, oil and gas operators are contesting stricter requirements for waste pits near wells. Sep 25, 2023 · An industry leader in the Permian Basin said the new report proves safety regulations are helping. Mar 3, 2025 · The push to bolster fossil fuel production in Texas and New Mexico is heightening concerns among oil field workers and first responders about the mounting dangers facing workers and Permian residents. 3 billion from the oil and gas industry in the form of state and local taxes and royalty payments. Texas has the most petroleum refineries and the most refining capacity in the nation. It discusses common TCEQ requirements and questions related to these activities but does not serve as a substitute for compliance with the rules in the Texas Administrative Code1 (TAC). Over 285,000 active oil and gas wells produce an average of 4. In fiscal year 2024, the Texas Apr 2, 2025 · Texas oil production surpassed 2 billion barrels for the first time in 2025, reaching 2,003,844,281 barrels. Jul 11, 2024 · Our newsletter this week takes a deep dive into how the Texas oil and gas industry is powering the state, nation and the world. 3 million barrels of crude oil per calendar day, which Nov 13, 2025 · The Texas Oil & Gas Association (TXOGA) is a statewide trade association representing every facet of the Texas oil and gas industry including small independents and major producers. Jan 7, 2025 · The boom of Texas oil production has caused a new surge of wealth in southeast and central cities and is changing local economies. Jan 9, 2025 · According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $27. Energy Information Administration. Since then, months with upstream oil and gas employment increases outnumbered those with decreases by 38 to 14, TXOGA said. 3 billion in state and local taxes and state royalties paid by the oil and natural gas Quick Facts Texas is the top crude oil- and natural gas-producing state in the nation. That’s about $1 billion above the previous record. Apr 22, 2024 · (The Center Square) – The Texas oil and natural gas industry, in the upstream sector alone, shattered jobs records in March. In 2023, the Lone Star State accounted for 43 percent of all domestic crude oil production, as well as 27 percent of the country’s natural gas, according to the U. Nov 14, 2024 · Texas’ energy sector is one of the oldest industry clusters in the U. Discover key events, discoveries, and regulatory changes that shaped this vital sector. Long known as the energy capital of the world, Houston is proving its merit as the industry embraces an all-inclusive approach to energy sources. Texas is the leading producer of oil, gas, wind, and utility-scale solar energy in the U. Nov 3, 2025 · The mission of the Texas Oil & Gas Association is to promote a robust oil and natural gas industry and to advocate for sound, science-based policies and free-market principles. Dec 16, 2024 · Texas regulators are taking input from the public on the state's plan to implement a federal climate rule requiring oil and gas operators to dramatically reduce how much methane is released in Nov 19, 2024 · (The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U. Oil also dramatically affected the lives of those who owned the land from which oil was produced, or who were directly involved in oil exploration, extraction and processing. Jun 1, 2025 · (The Center Square) – Both of Texas’ U. The industry’s Texas has a rich gas and oil industry history. Find out about Texas's oil history on Infoplease! Apr 10, 2025 · ODESSA — When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him. Apr 28, 2025 · From polluted air and poisoned water to rising earthquakes and vanishing wildlife, oil and gas operations are putting Texas’ environment — and Texans’ health — at serious risk. Yet its cornerstone industry could be straining the state’s long-term health through increasing water use, waste and contamination. Texas also led every state Dec 6, 2022 · The oil and gas industry is one of the strongest in the US, particularly in Texas. Other observers say more data is needed to understand risks of extraction. Direct GRP equaled $366 billion in 2024, supporting 15 percent of the state economy. Texas is internationally recognized for its strength in energy, and the sector will continue to be a cornerstone of our economy in the coming decades. in job growth last month. However, that revenue doesn Jan 7, 2025 · Discover the latest trends in Texas oil and natural gas employment, production forecasts, and industry insights for 2025. Apr 28, 2025 · When it comes to oil and natural gas production in the U. Blocking pipeline projects would force Texas to rely on other nations for energy. Find job postings near you and 1-click apply to your next opportunity! Nov 13, 2024 · The European Union Ambassador to the United States said the Lone Star State could get a boost from increased exports of liquified natural gas to Europe. The impact of oil on Texas and Texans is often analyzed in terms of corporate development, personal and corporate wealth, and the overall economy of the state and politics. Oil production hit a record 1. Nov 3, 2025 · Our Industry Economic Benefits Tax revenue generated by robust oil and natural gas activity across Texas continues to be a game-changer for Texans, providing billions of dollars in funding for our state’s public schools and universities, roads, first responders, and essential services. Jul 31, 2025 · Revenue from oil and gas state and local taxes can and do offer substantial boosts to school districts across Texas, making the industry a pillar for public schooling. D. Collectively, the membership of TXOGA produces approximately 90 percent of Texas’ crude oil and natural gas and operates the vast majority of the state’s refineries and pipelines. , and although the oil and gas industry tends to move in line with oil prices, we believe the industry can be a critical component of a thriving regional economy. They see activity that will have major implications for the industry — including the many companies based in and operating around Texas — in the coming year. The Railroad Commission regulates the Texas oil and gas industry and tallies production reports submitted by operators. The association’s TIPRO Target newsletter offers detailed information on legislative and regulatory developments for the Texas oil and gas industry. Sep 9, 2024 · September 09, 2024 Statewide and county crude oil and natural gas production for June 2024 reported in the tables below came from 160,220 oil wells and 84,738 gas wells. Jan 13, 2025 · The Texas oil and natural gas industry shattered records for state and local tax revenue and performance across every sector in 2024, according to the Texas Oil & Gas Association’s (TXOGA) newly released annual Energy & Economic Impact Report (EEIR). Dec 1, 1995 · Explore the evolution of the Texas oil industry from its first sighting in 1543 to the challenges faced in the late 20th century. (Odessa American/Eli Hartman) Dramatic oilfield job growth is tied to boosts in oil and natural 2 days ago · *Note: Preliminary Crude Oil & Gas Well Gas Monthly Production Total - Significant changes to the preliminary production figures will occur in decreasing amounts for approximately six to eight months due to the filing of corrected and late reports by industry. Oil & Energy Permian Basin development well permits for Oct. senators and one congressman, all from Houston, have filed a bill to protect the oil and natural gas industry. Texas’ crude oil production represents 44% of the national total. Jan 10, 2025 · To transport the record volume of oil and natural gas, Texas pipeline infrastructure expanded to 465,025 miles – an increase of 13,000 miles from 2022-2023, according to the Texas Railroad Commission, the state agency that regulates the industry. You can trace the earliest attempts to Lyne Taliaferro Barret's pioneering well in Nacogdoches County, which showed potential but didn't immediately yield commercial success. Keep reading to learn more about the rich history and presence of the oil and gas industry in Texas. Texas is the energy capital of the world thanks to an all-of-the-above and all-of-the-below energy strategy. Beyond the wealth of oil and gas capital, Houston has become a landing spot for numerous solar, wind and battery storage investments. com. Feb 9, 2023 · Texas’ nearly 350,000 oil and natural gas workers represent the greatest percentage of jobs in the industry nationwide of 37%, according to the report. 3 billion in state and local taxes and state royalties in fiscal year 2024. In addition, Texas’s natural gas production surged to new heights and accounted for nearly 30% of the national production Apr 3, 2025 · Since the COVID-era low point of September 2020, the Texas oil and natural gas industry added 48,400 upstream jobs in Texas, averaging growth of 913 jobs per month. In Q4 2024, pipeline construction added 6,674 jobs y/y, reflecting a continued buildout—particularly of intrastate natural gas pipelines from West Texas to Gulf Coast markets. May 27, 2025 · Industry momentum despite lower prices Even in a lower price environment, Texas oil and natural gas employment has continued to rise. AMARILLO, Texas – Texas leads the United States in oil and gas production, including producing 43% of the nation’s crude oil and 27% of its natural gas in 2023. Oil and gas companies Nov 13, 2025 · In FY 2024, the Texas oil and natural gas industry paid $27. Mar 27, 2025 · For the first time in its storied history, the Texas oil and gas industry produced over 2 billion barrels. 31-Nov. Read more about how this impacts Texas-based companies. Mar 25, 2025 · Reps. Texas leads the nation in oil and gas production, wind-powered generation and utility-scale installed solar capacity. Jan 23, 2023 · Read TXOGA's newest Annual Energy & Economic Impact report, highlighting the oil and natural gas industry's enormous impact on the Texas economy. Learn more about luxury business transportation services. Apr 8, 2025 · This week’s drop in oil prices means cheaper gas on the horizon, but a potentially worrisome blow to the Texas economy. On Tuesday, several lawmakers discussed legislative priorities at a TIPRO annual meeting in Austin. Further, as crude and NGL production has climbed, in Nov 22, 2024 · AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year. coastline will likely have a minimal impact on Texas' oil and gas industry. In 2024, Texas accounted for 43% of the nation's crude oil production and 28% of its natural gas gross withdrawals. The oil and natural gas industry is the only significant contributor of fresh investment capital to these critical Texas education funds. Mar 3, 2025 · Total U. Jan 13, 2025 · 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. The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U. 6 days ago · In a statement, the Texas Oil and Gas Association, which represents the industry’s political interests, lauded the approval. Hundreds of Although Texas had dabbled in oil exploration since the 1860s, it wasn't until the spectacular Spindletop gusher of 1901 that the state's petroleum industry truly exploded onto the global stage. in natural gas production growth so far in 2024, thanks to the state’s robust workforce and pipeline infrastructure. 92 billion barrels in 2023, which was 51 million Dec 16, 2024 · The Texas Oil & Gas Association’s (TXOGA) Quarterly Energy Economics Review has evolved into a flagship publication for the oil and natural gas industry, offering actionable insights by translating economic developments into practical implications for our members and stakeholders interested in energy market fundamentals. Nov 29, 2024 · With the current geopolitical situation, trends, and developments we have made our predictions for the Texas oil and gas industry for the upcoming days. yirwjkpvgmvgvcecodoqvvqbwsatqgrugpdolrxjbafkcoaauphcwnoowuzvguurgurvlbxxmpgjyybvuhra