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  • 18 Apr 2025 12:04 PM | Anonymous member (Administrator)

    Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a reduction in upstream employment in Texas in the month of March. According to TIPRO’s analysis, direct Texas upstream employment for March totaled 204,400, a decrease of 700 industry positions from February employment numbers, subject to revisions. This represented a decline of 900 jobs in the services sector and increase of 200 jobs in oil and gas extraction.

    TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,120 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,458 new postings. In comparison, the state of California had 2,777 unique job postings in March, followed by New York (2,892), Florida (1,781) and Colorado (1,438). TIPRO reported a total of 53,285 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in March with 2,806 postings, followed by Support Activities for Oil and Gas Operations (2,247) and Petroleum Refineries (820). The leading three cities by total unique oil and natural gas job postings were Houston (2,212), Midland (635) and Odessa (412), said TIPRO.

    The top three companies ranked by unique job postings in March were Cefco (1,200), Love’s (726) and Energy Transfer (307), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies and one oil and gas operator. Top posted industry occupations for March included first-line supervisors of retail sales workers (620), heavy and tractor-trailer truck drivers (434), and maintenance and repair workers (306). The top posted job titles for March included assistant store managers (257), customer service representatives (251), and maintenance people (159).

    Top qualifications for unique job postings included valid driver’s license (1,661), commercial driver's license (CDL) (331) and hazmat endorsement (196). TIPRO reports that 44 percent of unique job postings had no education requirement listed, 28 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 1,776 advertised salary observations (18 percent of the 10,120 matching postings) with a median salary of $60,000. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $500,000 range.

    Additional TIPRO workforce trends data:

    TIPRO also highlights rising tax contributions by the oil and gas industry that continue to support essential government coffers and public services. In March, Texas energy producers paid $425 million in oil production taxes, according to data published by the Texas comptroller’s office. Producers last month also paid $288 million to the state in natural gas production taxes, up from February and 36 percent higher than a year ago. 

    Additionally, TIPRO points to new data from the U.S. Energy Information Administration (EIA) reinforcing the strong role of energy production and development in Texas, particularly in the Permian Basin and Eagle Ford Shale. According to the EIA, the Permian Basin last year produced more crude oil than any other energy-producing region in the country, accounting for 48 percent of total U.S. crude oil production in 2024. Permian production accounted for almost all the nation's oil production growth in 2024, rising by 370,000 barrels per day (b/d) compared with 2023 to average 6.3 million b/d last year. Natural gas production also jumped last year in the Permian by 12 percent, or 2.7 billion cubic feet per day (Bcf/d), to average 25.4 Bcf/d. In the Eagle Ford, oil production was steady last year at 1.2 million b/d. Eagle Ford natural gas production, meanwhile, averaged 6.8 Bcf/d in 2024. Improving well productivity and technological advancements such as artificial intelligence, electronic hydraulic fracturing technology and automated drilling processes have allowed producers to better optimize operations and helped to support higher production output in formations like the Permian and Eagle Ford. 

    As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand and prices. Based on current market conditions as of early April, analysts at the EIA are still projecting production growth this year and next in oil and natural gas output. U.S. oil production is forecasted to top 13.6 million b/d in 2025 and rise to 13.6 million b/d in 2026. Rising natural gas prices and increasing demand for liquefied natural gas (LNG) exports will also support higher natural gas production in the U.S. over the coming year.

    As priorities in the American energy landscape shift toward securing reliable, affordable, and responsible energy, the United States is once again turning to Texas producers to lead the way. From the Permian Basin to the Gulf Coast, Texas operators continue to meet energy demand while embracing new technologies to lower emissions. Recently, federal mandates and regulations at key agencies like the Environmental Protection Agency (EPA) and Department of Energy (DOE) have shifted, enabling operators to streamline processes for energy production and infrastructure development.

    In March, the EPA announced 31 deregulatory actions—its largest such initiative in history. Among these were policies that significantly increased costs and bureaucratic barriers to oil and gas development but failed to actually improve air quality. Removing these hurdles will help lower costs for Americans, remove duplicative or inefficient rules, and empower states and producers to innovate. By reducing compliance costs, producers can now use that capital to reduce emissions through critical infrastructure updates and enhanced environmental controls. These changes also allow states to implement localized solutions that better align with their unique needs and energy priorities.

    Similarly, the DOE reversed its pause on LNG export approvals, ending regulatory uncertainty that threatened the U.S.’ ability to deliver natural gas to global allies. In doing so, DOE reaffirmed that regulatory clarity and operational feasibility are key to unleashing American energy dominance.

    “By recognizing what’s working, and removing what isn’t, policymakers can support a regulatory environment that promotes energy security, environmental responsibility, and economic growth,” said Ed Longanecker, president of TIPRO. “Sensible and predictable regulations at the state and federal level will enable Texas operators to continue their vital role in providing the energy that fuels our global economy,” added Longanecker.

  • 3 Apr 2025 9:00 AM | Anonymous member (Administrator)

    Austin, Texas—Today, Texans for Natural Gas, a campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report titled "Methane Emissions in Texas’ Permian Basin Remain Low Despite Near Record Production." The report highlights the continued success of oil and natural gas producers in the United States, Permian Basin and Texas in maintaining low emissions despite record oil and gas production levels.

    "American oil and gas producers, especially in the Lone Star State, have always been committed to meeting increasing energy demand responsibly. Our most recent methane and flaring emissions data proves that the United States can fulfill global energy demand while keeping emissions low thanks to the industry’s dedication and innovation," said Ed Longanecker, president of TIPRO.

    The report highlights the oil and gas industry’s success in lowering methane and flaring emissions over the last decade, even as production continues to rise amid a prioritization of energy and national security for the United States and its allies. 2023 results show a slight uptick in methane and flaring emissions in the Permian and Texas, due to a confluence of factors including record production, depressed Waha Hub prices and takeaway capacity constraints, yet overall emission reduction accomplishments remained. Preliminary 2024 data for the Permian points to a 14 percent reduction in flaring as the region remains dedicated to keeping emissions low.  

    "The increase in emissions from 2022 and 2023 points to an issue the industry has been advocating for years – new and modern infrastructure, specifically pipelines, is urgently needed to safely and efficiently transport energy and reduce flaring," Longanecker continued. "The oil and gas industry will continue to prioritize innovation and safety to drive emissions even lower, but a clear, predictable and permanent permitting process is critical to safeguarding responsible energy development for decades to come."

    Key takeaways from the new report:

    • The Permian Basin reached one of its lowest methane intensity levels this decade in 2023, at 0.49 metric tons per barrel of oil equivalent (MT/boe). Since 2011, Permian methane intensity has declined nearly 83 percent, even as total production increased 482 percent in the same time frame.
    • Flaring intensity in the Permian Basin in 2023 was 65 percent lower than in 2015 – when flaring reached a decade high. 2023 saw a slight uptick in intensity compared to 2022 levels, due to a unique confluence of factors, including record oil and gas production, depressed Waha Hub prices, and takeaway capacity constraints, yet overall accomplishments in emission reductions remained.
    • Preliminary reporting indicates that the increases in Permian Basin flaring intensity in 2023 were likely an anomaly, with estimates showing a reduction of approximately 14 percent in 2024.
    • Texas' flaring intensity in 2023 declined 47 percent since its peak in 2018. Total statewide production has increased nearly 25 percent in that same time frame, with 2023 being the second-highest oil and gas production year on record in the Lone Star State, behind 2024’s record numbers.
    • The United States reached record levels of oil and natural gas production in 2023, increasing nearly 9 percent since 2022 while maintaining flaring intensity near its lowest levels since 2012 at 2 meters cubed per barrel of oil (m3/bbl).

    To read the full report, click here.

  • 28 Mar 2025 9:00 AM | Anonymous member (Administrator)

    Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment in Texas in the month of February. According to TIPRO’s analysis, direct Texas upstream employment for February totaled 205,400, an increase of 1,900 industry positions from January employment numbers, subject to revisions. This represented an increase of 2,500 jobs in the services sector and decline of 600 jobs in oil and gas extraction.

    TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,172 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,337 new postings. In comparison, the state of California had 2,869 unique job postings in February, followed by New York (2,460), Florida (1,868) and Colorado (1,445). TIPRO reported a total of 52,993 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in February with 2,541 postings, followed by Support Activities for Oil and Gas Operations (2,389) and Petroleum Refineries (870). The leading three cities by total unique oil and natural gas job postings were Houston (2,368), Midland (669) and Odessa (449), said TIPRO.

    The top three companies ranked by unique job postings in February were Cefco (927), Love’s (680) and John Wood Group (308), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one oil and gas operator. Top posted industry occupations for February included first-line supervisors of retail sales workers (549), heavy and tractor-trailer truck drivers (419), and maintenance and repair workers (299). The top posted job titles for February included assistant store managers (193), customer service representatives (182), and maintenance people (123).

    Top qualifications for unique job postings included valid driver’s license (1,677), commercial driver’s license (CDL) (344) and hazmat endorsement (203). TIPRO reports that 42 percent of unique job postings had no education requirement listed, 30 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 1,753 advertised salary observations (17 percent of the 10,172 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (27 percent) were in the $90,000 to $519,000 range.

    Additional TIPRO workforce trends data:

    · -A sample of industry job postings in Texas for February can be viewed here.

    · -The top three posting sources in February included www.indeed.com (4,604), www.simplyhired.com (2,937) and www.dejobs.org (2,270).

    In addition to industry employment growth, Texas’ role in the global LNG market has also grown substantially, with pipeline projects designed to support LNG exports to international allies. Several major pipeline expansions in 2024 added approximately 8.5 Bcf/d of capacity to deliver natural gas to LNG export terminals. The ADCC Pipeline, for instance, is transporting 1.7 Bcf/d to the Corpus Christi Stage 3 LNG project, while TC Energy’s Gillis Access pipeline is helping move 1.5 Bcf/d from Haynesville to Gulf Coast LNG terminals. These additions bolster America’s ability to supply affordable and reliable energy to partners in Europe and Asia, reducing dependency on adversarial energy suppliers.

    “TIPRO appreciates the enormous contributions of the Texas oil and natural gas industry from an economic and energy security perspective. We will continue to engage in energy policy discussions at the state and federal level to support increasing levels of energy demand here and abroad. This includes more than 200 legislative proposals currently being considered in the Texas House and Senate of relevance to our industry,” said Ed Longanecker, president of TIPRO. “With the right policy in place, Texas will continue to lead by example,” concluded Longanecker.

    Finally, earlier this month, TIPRO released the 10th edition of its State of Energy Report, the most comprehensive annual economic report for the U.S. oil and natural gas industry. Additional information can be found here.

  • 3 Mar 2025 9:00 AM | Anonymous member (Administrator)

    Austin, Texas – Today, 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 and natural gas employment, wages and other key economic factors for ​the energy industry in 2024. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector with an emphasis on the state of Texas.

    According to TIPRO, the industry supported over 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry reaching nearly 23 million. The U.S. oil and natural gas sector paid a national annual wage averaging $81,808 and had a combined payroll of $168 billion. Total U.S. goods and services purchased in 2024 by the oil and natural gas industry exceeded $865 billion from over 900 business sectors, notes TIPRO. Direct Gross Regional Product (GRP) also surpassed $1 trillion last year.

    In Texas, the oil and gas industry once again led the nation in industry employment last year, accounting for 23 percent of all oil and gas jobs in the nation, as outlined in the association’s new report. The industry supported a total of 480,460 direct jobs in Texas in 2024, a net increase of 10,613 positions, with total direct and indirect employment of 2.8 million. Total U.S. 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. Direct GRP equaled $366 billion in 2024, supporting 15 percent of the state economy.

    The Lone Star State again was the nation’s top oil producer, supplying a record 2 billion barrels of oil to energy markets in 2024, highlighted TIPRO. TIPRO reports that Texas also broke a new record in natural gas output last year with over 12.7 trillion cubic feet (Tcf) of gas produced. U.S. crude oil production averaged a record 13.2 million barrels per day (b/d) in 2024. Further, U.S. natural gas production in 2024 averaged a record 113 billion cubic feet per day (Bcf/d).

    “Despite facing a number of unique challenges, the U.S. oil and gas industry continued to offer significant economic support in 2024, while providing reliable and affordable energy to meet growing domestic and global demand,” said T. Grant Johnson, chairman of TIPRO and president of Lone Star Production Company. “TIPRO looks forward to working with policymakers and officials at the state and federal level to unleash our nation’s full energy potential, with Texas continuing to lead the way,” added Johnson.

    Geopolitical tensions around the world continued to be a prevalent issue with conflicts in the Middle East and Ukraine fostering uncertainty and volatility across global energy markets. In 2024, Europe accounted for 55 percent of total U.S. liquified natural gas (LNG) exports, while 34 percent of U.S. LNG went to Asia and 11 percent was sent to Latin America. Overall, U.S. LNG exports for the year reached 88.3 million metric tons – an increase from 2023 at 84.5 million metric tons.

    American LNG, driven in large part by Texas natural gas production, continues to be an essential resource for our allies, as nations work to meet heightened energy demand while shifting away from their dependence on Russian energy supplies. In 2025, LNG exports are expected to average 14 billion Bcf/d, an increase from the previous year. With President Trump’s reversal of the Biden Administration’s pause on permits for LNG export terminals, the U.S. oil and gas industry can resume its role as a reliable trade partner to our nation’s allies. TIPRO remains optimistic about the Trump-Vance Administration and the continued support of U.S. energy. The growth of domestic natural gas markets is closely reflected in increased U.S. LNG exports as well. The capacity to export LNG competitively on the global markets hinges upon the ability to maintain and grow production of natural gas domestically.

    “In 2024, increases in natural gas production were essential to fulfilling rising energy demand within the U.S.,” said Ed Longanecker, president of TIPRO. “Thanks to record production, driven primarily by the Permian’s improved well-productivity, domestic demand was met, and natural gas continued to supply affordable and reliable power. We applaud the Texas oil and natural gas industry and the policymakers that understand its importance,” added Longanecker.

    Following another outstanding year, the U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook identified positive trends in 2025 for the United States oil and natural gas industry, including increases in production and consumption.

    Additionally, Texas is experiencing a significant increase in electricity demand due to a surge in population and emerging industries such as data centers and artificial intelligence. By 2030, ERCOT anticipates that peak load could reach about 152 GW — almost doubling its historic record—posing both challenges and opportunities for the grid’s future stability and growth. Experts predict that ERCOT will continue to rely on natural gas’ share of electricity generation for load growth, accounting for approximately 30.3 percent of the grid’s total generation in 2025 and 33.9 percent of generation by 2030.

    Given the U.S. power sector’s sustained reliance on natural gas for electricity generation, the occurrence of severe weather events that require dispatchable generation, and the electrification of our economy, natural gas is set to remain a critical energy resource for the power sector in the coming year, reinforced TIPRO.

    What does Oil & Gas mean for Texas?

    • -Texas led the nation in oil and gas jobs with 480,460 people employed in this industry. 23 percent of all oil and gas jobs nationwide were located in Texas last year.
    • -When incorporating direct, indirect, and induced multipliers for oil and gas employment, the industry supported a total of 2,773,201 jobs in Texas last year.
    • -Total diversity percentage for the Texas oil and natural gas industry was 51 percent in 2024. 27 percent of Texas oil and gas workers were female, 34 percent of the positions were held by Hispanic or Latino workers, and 9 percent by Black or African American employees last year.
    • -Five percent of the workforce were between the ages of 22-24 years old, 21 percent were 25-34, 27 percent were 35-44, 22 percent were 45-54, 15 percent were 55-64 and 6 percent were 65 or older.
    • -The top five positions held by workers in the Texas oil and gas industry in 2024 were Cashiers (12.4 percent), General and Operations Managers (4.5 percent), Service Unit Operators, Oil and Gas (4.1 percent), Oil & Gas Roustabouts (3.9 percent), Heavy and Tractor-Trailer Truck Drivers (3.6 percent).
    • -Texas was the leading state by employment in 16 out of the 19 sectors used to define the oil and natural gas industry in 2024.
    • -Oil and gas jobs in Texas paid an annual average wage of $128,876, 74 percent more than all average private sector jobs in the state. The highest average industry wages were in Alaska last year ($146,664). Iowa had the lowest average oil and gas wages in the country ($35,265).
    • -Texas had the highest oil and gas payroll in the country in 2024 ($62 billion), with California coming in at a distant second ($15 billion), followed by Louisiana ($10 billion).
    • -Texas had the highest number of oil and gas businesses in the nation last year with 23,549, followed by California (9,486), Florida (7,695), Georgia (6,453) and New York (5,768).
    • -Oil production in Texas reached a new record of over 2 billion barrels in 2024. New Mexico had the second highest oil production with 737 million barrels, followed by North Dakota with 436 million barrels produced, subject to revisions.
    • -Texas led the country in natural gas production with a record 12.7 Tcf produced in 2024, followed by Pennsylvania with 7.3 Tcf.
    • -Texas had the highest rig count in the country in 2024 with an average of 290 active rigs. The number of rigs in Texas decreased from a high of 316 in January to 276 in December. New Mexico had the second highest average rig count (97) in the country last year.
    • -In 2024, direct Gross Regional Product for the Texas oil and natural gas industry was $366 billion. Once you incorporate the typical multiplier of 2.5x, the Texas oil and natural gas industry supported 38 percent of the Texas economy.
    • -The Texas oil and natural gas industry purchased U.S. goods and services in the amount of $307 billion, 81 percent of which came from Texas businesses.
    • -The Texas oil and natural gas industry paid a record $27.3 billion in state and local taxes and state royalties in Fiscal Year 2024.

    The “State of Energy Report” series is published exclusively by TIPRO. A full list of the data sources used to develop this analysis can be viewed in the methodology section of the report.

    Visit https://tipro.org/2025-state-of-energy/ to view TIPRO’s new “State of Energy Report.”

  • 24 Jan 2025 9:00 AM | Anonymous member (Administrator)

    Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of December. According to TIPRO’s analysis, direct Texas upstream employment for December totaled 195,500, a decrease of 700 industry positions from November employment numbers, subject to revisions. This represented a decline of 500 jobs in Oil and Gas Extraction and 200 in the Services sector.

    TIPRO also notes that BLS made a notable upward revision to previously reported CES estimates for upstream employment in November, now showing an increase of 300 industry jobs in November compared to October.  Employment data for December represents a decline compared to updated November figures following six consecutive months of growth in Texas upstream employment following revisions.

    TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 9,012 active unique jobs postings for the Texas oil and natural gas industry last month, including 2,931 new postings. In comparison, the state of California had 3,221 unique job postings in December, followed by New York (2,318), Florida (1,627) and Colorado (1,493). TIPRO reported a total of 48,362 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in December with 2,291 postings, followed by Support Activities for Oil and Gas Operations (2,039) and Petroleum Refineries (657). The leading three cities by total unique oil and natural gas job postings were Houston (2,242), Midland (606) and Odessa (394), said TIPRO.

    The top three companies ranked by unique job postings in December were Cefco (947), Love’s (646) and John Wood Group (262), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, and one oil and gas operator. Top posted industry occupations for December included first-line supervisors of retail sales workers (523), heavy and tractor-trailer truck drivers (268) and general maintenance and repair workers (262). The top posted job titles for December included assistant store managers (190), customer service representatives (180), and maintenance people (124).

    Top qualifications for unique job postings included valid driver’s license (1,430), commercial driver’s license (CDL) (231) and transportation worker identification credential card (136). TIPRO reports that 41 percent of unique job postings had no education requirement listed, 33 percent required a bachelor’s degree and 27 percent required a high school diploma or GED. There were 1,439 advertised salary observations (16 percent of the 9,012 matching postings) with a median salary of $60,300. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $519,000 range. The advertised salary trend showed an increase of 41.4 percent between January 2022 – December 2024.

    Additional TIPRO workforce trends data:

    TIPRO also highlights recent tax contributions by the oil and gas industry that support essential government coffers. In December, Texas energy producers paid $431 million in oil production taxes, according to data published by the Texas comptroller’s office. Producers last month also paid $214 million to the state in natural gas production taxes, up 25 percent from December 2023. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

    Additionally, TIPRO points to new energy outlooks from the U.S. Energy Information Administration (EIA) showing more growth in liquids production in the U.S. for 2025. U.S. crude oil production is projected by the EIA to reach an all-time high this year, averaging 13.55 million barrels per day (b/d) in 2025 and then increasing slightly to 13.6 million b/d in 2026. Production growth will be driven by more output in the Permian Basin — the largest source of world crude oil production growth in the past 15 years. Domestic production of natural gas is also forecasted to go up this year. Higher prices and increased demand will boost natural gas drilling and production in the U.S. during 2025. According to the EIA, in 2025, the supply of natural gas, including both production and imports, will rise by 1.4 billion cubic feet per day (Bcf/d), while demand for natural gas, including domestic consumption and exports, rises by 3.2 Bcf/d.

    This week, President Donald Trump also signed several energy-related executive orders. TIPRO expects additional policy measures will be implemented under the new administration to advance President Trump’s energy agenda. Energy-related executive orders include:

    • – Putting America First in International Environmental Agreements – The U.S. will withdraw from the Paris Climate Agreement as well as any other commitments made under the UNFCCC. The order also revokes the U.S. International Climate Finance Plan.
    • – Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis – This memorandum calls on heads of executive departments and agencies to provide emergency price relief including eliminating harmful, coercive “climate” policies that increase the costs of food and fuel as well as lowering the cost of housing and home appliances.
    • – Initial Rescissions of Harmful Executive Orders and Actions – This executive order revoked 78 memoranda and executive orders issued by former President Biden. Among these were executive orders that worked to reduce methane emissions in the oil and gas sector, achieve a “carbon pollution-free electricity sector by 2035,” withdrew millions of areas from offshore oil or gas leasing, set implementation priorities for IRA funding and set AI safety standards and protocols.
    • – Unleashing Alaska’s Extraordinary Resource Potential – This executive order promotes oil and gas activities in Alaska by easing restrictions for drilling on federal and state land, expediting the permitting process and prioritizing LNG development.
    • – Temporary Withdrawal of All Areas on the Outer Continental Shelf (OCS) from Offshore Wind Leasing and Review of the Federal Government’s Leasing and Permitting – This executive order withdraws disposition for wind energy leasing within the OCS because of impacts on marine life, ocean currents, and energy costs. The Interior Department will also conduct a review of the ecological, economic, and environmental “necessity of terminating or amending any existing wind energy leases.”
    • – Declaring a National Energy Emergency – This executive order calls on agencies to use emergency authorities to facilitate “leasing, siting, production, transportation, refining, and generation of domestic energy sources.” In particular, the EPA will consider emergency fuel waivers to allow for year-round E15 gasoline sales and agencies will expedite construction of energy infrastructure. The general permitting process will likely be made easier and more efficient under the name of a national emergency, with a focus on building out energy infrastructure to more efficiently supply the entire country.
    • – Unleashing American Energy – This executive order encourages: energy exploration and production on federal lands and waters; promotes critical minerals production; eliminates the Biden Administration’s strongest tailpipe emissions rules that had the same impact as an EV mandate; eliminates any other attempts to institute an EV mandate; attempts to overturn the Biden Administration’s recent offshore drilling ban; promotes increased energy production for energy reliability; differentiates between global rules and regulations and domestic, “in order to promote sound regulatory decision making;” and revokes orders from the former president related to climate change that place an undue burden on domestic fossil fuel production.

    “Our industry looks forward to returning to some level normalcy from a federal policy perspective under the new administration, including supporting the expedited expansion of energy infrastructure,” said Ed Longanecker, president of TIPRO. “Demand for reliable and affordable energy will increase exponentially in the coming years and Texas producers will rise to meet that challenge in a new era of American energy dominance,” concluded Longanecker.

  • 20 Dec 2024 9:00 AM | Anonymous member (Administrator)

    Austin, Texas – Citing the revised Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) highlights employment figures showing a rise in upstream employment in Texas in the month of November. According to TIPRO’s analysis, direct Texas upstream employment for November totaled 196,200, subject to revisions. 

    TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,157 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,047 new postings. In comparison, the state of California had 3,476 unique job postings in November, followed by New York (2,530), Florida (1,784), Pennsylvania (1,340) and Oklahoma (1,521). TIPRO reported a total of 51,420 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in November with 2,563 postings, followed by Support Activities for Oil and Gas Operations (2,319) and Crude Petroleum Extraction (690). The leading three cities by total unique oil and natural gas job postings were Houston (2,538), Midland (717) and Odessa (396), said TIPRO.

    The top three companies ranked by unique job postings in November were Cefco (1,218), Love’s (634) and John Wood Group (329), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, and one oil and gas operator. Top posted industry occupations for November included first-line supervisors of retail sales workers (626), general maintenance and repair workers (302) and customer service representatives (283). The top posted job titles for November included customer service representatives (245), store managers (245), and maintenance people (181).

    Top qualifications for unique job postings included valid Driver’s License (1,692), Commercial Driver’s License (CDL) (278) and Transportation Worker Identification Credential Card (181). TIPRO reports that 41 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 26 percent required a high school diploma or GED. There were 1,666 advertised salary observations (16 percent of the 10,157 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $519,000 range.

    Additional TIPRO workforce trends data:

    TIPRO also highlights tax contributions by the oil and gas industry for essential government coffers. In November, Texas energy producers paid $488 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Producers last month also paid $157 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

    Looking to the new year, TIPRO notes new production forecasts by the U.S. Energy Information Administration (EIA) showing sustained growth in U.S. crude oil production for 2025. U.S. crude oil production next year is projected to average 13.5 million barrels per day (b/d). This will follow record-breaking production in August, when an average of 13.4 million b/d of crude oil was produced in the United States. Domestic production of natural gas is also forecasted to go up in the next year, driven by higher output from the Permian Basin. Higher prices and increased demand from nearby new liquefied natural gas (LNG) export projects that will be ramping up production are expected to help support and boost the production of natural gas in 2025.

    A long-awaited study by the U.S. Department of Energy (DOE) was released this week examining the impact of U.S. LNG exports. While Energy Secretary Jennifer Granholm states the agency’s assessment “reinforces that a business as usual approach is neither sustainable nor advisable,” there’s a multitude of inaccuracies that skew DOE’s synopsis of the LNG industry. Texans for Natural Gas (TNG), a TIPRO education campaign, has reported on LNG export trends and the many positive contributions over the years. “Business as usual” for Texas’ LNG industry has spurred economic growth and infrastructural development at home while simultaneously supporting affordable and reliable energy access for global allies. DOE’s study reaffirms the Biden Administration’s track record of politics over providing a secure energy future.

    TIPRO also has voiced disappointment over the many unsuccessful attempts to pass the Energy Permitting Reform Act of 2024 (EPRA) in Congress. In the U.S., gaining permits to build energy infrastructure and connecting it to the electric grid is harder today than at any point in recent memory. Projects built between 2018 and 2022 face an average wait time of four years before they can connect to the grid, up from less than two years for projects built between 2000 and 2007. Unclear and overlapping mandates, poor coordination among federal agencies and unnecessarily long timelines are just some of the many hurdles energy projects face in development.

    TIPRO says permitting reform has fallen out of consideration for the Continuing Resolution (CR). With a Republican-controlled House and Senate, policymakers will likely revamp their strategy in the Spring and TIPRO remains hopeful that these challenges will be adequately addressed in the near-term.

    “The continued success of the U.S. oil and natural gas industry relies heavily on providing a stable regulatory environment for domestic production and the build out of energy infrastructure,” said Ed Longanecker, president of TIPRO. “Despite facing numerous challenges in recent years from a policy standpoint, our industry has managed to overcome many obstacles to continue providing affordable and reliable energy in order to meet growing global demand. The impact of those policies vary greatly within our industry, however, and TIPRO looks forward to working with the new administration to unleash the true potential of the U.S. oil and gas industry and will advocate accordingly on behalf of our members,” concluded Longanecker.


  • 15 Nov 2024 9:30 AM | Anonymous member (Administrator)

    Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fifth consecutive month of growth in upstream employment in Texas in the month of October 2024. According to TIPRO’s analysis, direct Texas upstream employment for October totaled 196,100, an increase of 1,400 industry jobs from revised September employment numbers. All gains in upstream employment occurred in the services sector last month, while oil and gas extraction jobs remained unchanged.

    TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,703 active unique jobs postings for the Texas oil and natural gas industry last month, including 4,678 new postings. In comparison, the state of California had 3,619 unique job postings in October, followed by New York (2,435), Florida (2,064), Pennsylvania (1,612) and Oklahoma (1,521). TIPRO reported a total of 56,043 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in October with 2,700 postings, followed by Support Activities for Oil and Gas Operations (2,644) and Crude Petroleum Extraction (917). The leading three cities by total unique oil and natural gas job postings were Houston (3,059), Midland (837) and Odessa (421), said TIPRO.

    The top three companies ranked by unique job postings in October were Cefco (1,120), Love’s (651) and John Wood Group (401), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, one upstream company and one in the downstream sector. Top posted industry occupations for October included first-line supervisors of retail sales workers (627), general maintenance and repair workers (402) and heavy and tractor-trailer truck drivers (305). The top posted job titles for October included assistant store managers (228), customer service representatives (202) and maintenance people (141).

    Top qualifications for unique job postings included Valid Driver’s License (2,054), Commercial Driver's License (CDL) (276) and Transportation Worker Identification Credential Card (214). TIPRO reports that 39 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 27 percent required a high school diploma or GED. There were 2,220 advertised salary observations (19 percent of the 11,703 matching postings) with a median salary of $62,600. The highest percentage of advertised salaries (21 percent) were in the $100,000 to $519,000 range.

    Additional TIPRO workforce trends data:

    Additionally, tax contributions from the Texas oil and gas industry last month continued to provide essential funding for government coffers, noted TIPRO. In October, Texas producers paid $436 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Energy producers last month also paid a total of $182 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

    TIPROalso highlights new production forecasts showing more growth in domestic crude oil and natural gas output in the upcoming year. The U.S. Energy Information Administration (EIA) in its NovemberShort-Term Energy Outlook projects U.S. crude oil production will rise to 13.53million barrels per day (b/d) in 2025, a record high, while marketed natural gas production in the U.S. is expected to increase to an average of 114 billion cubic feet per day (Bcf/d) next year, an increase of 1 percent from this year’s annual average, led by a 6 percent increase in production in the Permian Basin and a 5 percent increase in the Eagle Ford Shale compared with 2024.

    “Given the outcome of the elections, TIPRO looks forward to working with the new administration, incumbents and newly elected officials at the state level in Texas to reinforce the importance of domestic oil and natural gas production,” said Ed Longanecker, president of TIPRO. “While it may be a lengthy process, we look forward to returning to some level of normalcy from an energy regulatory standpoint, which will bring tremendous benefit to our state, country and industry,” added Longanecker.


  • 5 Nov 2024 10:00 AM | Anonymous member (Administrator)

    Austin, Texas - To highlight the unprecedented contributions of the Texas oil and natural gas industry from an economic and energy security perspective, the Texas Independent Producers & Royalty Owners Association (TIPRO) and member executives will open the Nasdaq Stock Market in New York City on Wednesday, November 6, 2024.

    “Texas continues to break production records thanks to our abundant resources, pro-business environment and the hundreds of thousands of men and women that make that reality possible day in and day out,” commented Grant Johnson, chairman of TIPRO and president of Lone Star Production Company. “TIPRO is honored to showcase our members, association and industry on Nasdaq’s global platform,” affirmed Johnson.

    “The hardworking men and women of the energy sector are the lifeblood of our economy,” said Texas Governor Greg Abbott. “Thanks to our oil and gas industry, Texas leads the nation in energy production and provides nearly 25 percent of the country’s domestically produced energy. I congratulate TIPRO on ringing the Nasdaq opening bell, and I thank them for their continued work to propel Texas’ robust energy industry on the global stage. As the energy capital of the world, Texas will always fight for our oil and gas producers and the hundreds of thousands of Texans they employ.”

    TIPRO’s opening bell ceremony is the fourth time the association has participated in a Nasdaq market event to promote the Texas oil and natural gas industry on the global platform. The event serves as an example of TIPRO’s comprehensive industry communication strategy to educate the general public about the importance of domestic production to meet growing energy demand and the many other contributions provided by the industry.

    The state of Texas continues to lead the country in all aspects of the energy sector. In 2023, the Texas oil and natural gas industry supported 2.9 million direct and indirect jobs and the nation’s highest number of related businesses (23,315) than any other state. Last year, the direct Gross Regional Product for the Texas oil and natural gas industry was $381 billion, and these Texas businesses purchased U.S. goods and services in the amount of $288 billion supporting virtually every industry sector in the state. Additional details about the economic impact of the U.S. and Texas oil and natural gas industry can be found in TIPRO’s 2024 State of Energy Report here.

    “As the leading statewide association representing the upstream sector in Texas, TIPRO remains focused on promoting the unmatched economic impact of our industry and advancing policies that support the responsible development of oil and natural gas and our ability to fully capitalize on these extraordinary resources,” said Ed Longanecker, president of TIPRO. “We are pleased to return to Nasdaq to promote and celebrate American energy security, fueled in large part by the great state of Texas,” added Longanecker.

    “TIPRO is an important voice in the Texas energy industry, and we are proud to welcome the association and its executive members back to MarketSite to ring the bell for the fourth time. This is a testament to the strong relationship between Nasdaq and the oil and gas industry in the state of Texas which we have built over the long term,” said Rachel Racz, senior vice president, head of listings for Texas, Southern U.S. and Latin America at Nasdaq. “We look forward to the future as we continue to build our team and invest in our relationships in the region, including our decade-long one with TIPRO.”

    The TIPRO-Nasdaq opening bell ceremony can be viewed live starting at 8:20 a.m. Central Time on Wednesday, November 6, 2024. To watch the event online, visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

  • 18 Oct 2024 10:00 AM | Anonymous member (Administrator)

    Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fourth consecutive month of growth in upstream employment in Texas in the month of September 2024. According to TIPRO’s analysis, direct Texas upstream employment for September totaled 195,400, an increase of 800 industry jobs from revised August employment numbers. The Texas upstream employment data represents a decrease of 900 jobs in oil and gas extraction and an increase of 1,700 positions in the services sector last month.

    TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,970 active unique jobs postings for the Texas oil and natural gas industry last month, an increase of 147 posted employment opportunities compared to August and 4,623 new job postings added during the month by companies. In comparison, the state of California had 4,008 unique job postings in September, followed by Florida (1,984), New York (1,910), Pennsylvania (1,658) and Oklahoma (1,528). TIPRO reported a total of 56,563 unique job postings nationwide last month within the oil and natural gas sector.

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in September with 2,933 postings, followed by Support Activities for Oil and Gas Operations (2,539) and Crude Petroleum Extraction (1,160). The leading three cities by total unique oil and natural gas job postings were Houston (3,019), Midland (843) and Odessa (431), said TIPRO.

    The top three companies ranked by unique job postings in September were Cefco (1,173), Love’s (676) and Energy Transfer (427), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one upstream company. Top posted industry occupations for September included first-line supervisors of retail sales workers (689), general maintenance and repair workers (402) and heavy and tractor-trailer truck drivers (386). The top posted job titles for September included assistant store managers (274), customer service representatives (233) and maintenance people (176).

    Top qualifications for unique job postings included Valid Driver’s License (1,969), Commercial Driver's License (CDL) (274) and Transportation Worker Identification Credential Card (222). TIPRO reports that 40 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 2,219 advertised salary observations (19 percent of the 11,970 matching postings) with a median salary of $65,900. The highest percentage of advertised salaries (25 percent) were in the $100,000 to $500,000 range.

    Additional TIPRO workforce trends data:

    TIPRO also highlights tax contributions by the oil and gas industry for essential government coffers. In September, Texas energy producers paid $516 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Producers last month also paid a total of nearly $200 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

    Additionally, TIPRO draws attention to new federal production forecasts showing more growth in domestic crude oil and natural gas output in the next year. The U.S. Energy Information Administration (EIA) in its latest Short-Term Energy Outlook has projected U.S. crude oil production will rise to 13.5 million barrels per day (b/d) in 2025, a record high, while marketed natural gas production is expected to increase to an average of 113.4 billion cubic feet per day (Bcf/d) next year. Much of the forecast growth in oil and natural gas production will be driven by productivity gains in the Permian Basin. In the Permian, specifically, the EIA has estimated crude oil production will top 6.6 million b/d and marketed natural gas production will average 25.8 Bcf/d in 2025.

    “Rising upstream employment and a record production forecast mean one thing, the world needs more oil and natural gas to meet growing energy demand and Texans are more than willing to accommodate,” said Ed Longanecker, president of TIPRO. “Our state is blessed with an abundance of oil and natural gas and the most pro-business environment in the country, and we must keep it that way. As we approach the conclusion of another consequential election cycle, we encourage all Texans to do their due diligence and vote for candidates that support economic prosperity and energy security for our state and country,” added Longanecker.

  • 12 Jun 2024 10:00 AM | Anonymous member (Administrator)

    Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of May 2024. According to TIPRO’s analysis, direct Texas upstream employment for May totaled 191,400, representing a decrease of 2,000 jobs from April employment numbers. Oil and gas extraction jobs in Texas increased by 400 last month, while support activities fell by 2,400.

    Though overall employment for the state’s upstream sector was down in the month of May, TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,015 active unique jobs postings for the Texas oil and natural gas industry last month, including 4,170 new job postings added during the month by companies. In comparison, the state of California had 3,833 unique job postings last month, followed by Florida (1,973), New York (1,672), Louisiana (1,435) and Pennsylvania (1,335). TIPRO reported a total of 52,329 unique job postings nationwide last month within the oil and natural gas sector. 

    Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in May with 2,529 postings, followed by Support Activities for Oil and Gas Operations (2,459) and Crude Petroleum Extraction (934). The leading three cities by total unique oil and natural gas job postings were Houston (3,398), Midland (763) and Odessa (476), said TIPRO.

    The top three companies ranked by unique job postings in May were Cefco (1,224), Baker Hughes (604), and Love’s (411), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by two in the gasoline stations with convenience stores category, two midstream companies and one upstream company. Top posted industry occupations for May included first-line supervisors of retail sales workers (629), heavy tractor-trailer truck drivers (367), and retail salespersons (349). The top posted job titles for May included store managers (240), customer service representatives (227) and maintenance people (143).

    Top qualifications for unique job postings included valid driver’s license (1,726), CDL Class A License (239) and commercial driver's license (CDL) (206). TIPRO reports that 40 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 2,065 advertised salary observations (19 percent of the 11,015 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (31 percent) were in the $90,000 to $500,000 range.

    Additional TIPRO workforce trends data:

    TIPRO also highlights recent data released from the Texas comptroller’s office showing significant tax contributions provided by the Texas oil and natural gas industry during the month of May. Texas energy producers last month paid $556 million in oil production taxes, up from the prior month and 12 percent higher than amounts paid a year ago in May 2023. Producers in May also contributed an additional $180 million in revenue from natural gas production taxes. Revenue collected from oil and natural gas severance taxes is used help to support and pay for important public services across the Lone Star State, including road and infrastructure investments, water conservation projects, schools and education, first responders and more.

    Additionally, TIPRO notes new projections for oil and natural gas production in the Permian Basin and Eagle Ford Shale. New data recently released by the U.S. Energy Information Administration (EIA) forecasts crude oil production in the Permian Basin to average about 6.3 million barrels per day (b/d) in 2024, an increase of nearly 8 percent from 2023, then surge to 6.8 million b/d in 2025. The Permian Basin, mostly located in Texas, accounts for nearly half of U.S. crude oil production, and in its June Short-Term Energy Outlook (STEO), the EIA said that higher production in the Permian and other drilling regions will drive U.S. oil production to achieve successive records in 2024 and 2025. Figures published June 11th by the EIA also show oil production in the Eagle Ford will hover near 1.08 million b/d this year, then grow further in 2025. Meanwhile, market conditions and lower commodity prices will continue to impact drilling and production of natural gas, though natural gas output is forecasted to increase in the Permian and Eagle Ford regions this year, said the EIA, while declining in the other major producing regions.

    Also this week, Texans for Natural Gas (TNG), an educational campaign managed by TIPRO, released a new report titled "Texas Grid Security: Natural Gas Critical for Reliability With Increasing Electricity Demand." The report highlights the vital role natural gas will play in supporting the state’s growing need for reliable and affordable power.

    “Aside from the immense economic contributions provided by our industry, the role of natural gas in meeting growing electricity demand in our state has never been more critical,” said Ed Longanecker, president of TIPRO. “Natural gas will continue to play a dominant role in providing a reliable baseload supply for decades to come. Further investment in domestic production, infrastructure and natural gas power generation will be essential to meet this demand,” added Longanecker.

    To read the full reportclick here.

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