January 12, 2021 — The reorganization of Texas Pacific Land Trust, one of the largest landowners in Texas, is complete. Now called Texas Pacific Land Corporation, the revised Delaware corporation has finished receiving …
By Alex Mills Crude oil prices took an unexpected leap last week on the announcement by Saudi Arabia that it was going to reduce oil production by an additional 1 million barrels per …
January 8, 2021 — The Railroad Commission of Texas issued a total of 486 original drilling permits in December 2020 compared to 803 in December 2019. The December 2020 total includes 424 permits …
January 12, 2021 — Texas Comptroller Glenn Hegar has released the Biennial Revenue Estimate (BRE), showing the state is projected to have $112.5 billion in revenue available for general-purpose spending during the 2022-23 …
TXOGA President Todd Staples Outlines “Roadmap to Recovery” as Legislature Convenes Texas ISDs received $2+ Billion, Counties received $688 Million in property taxes from oil and natural gas production, pipelines and gas utilities …
January 11, 2021 — COVID-19 tests will be required of people entering the Texas Capitol building Tuesday but legislators have some good news from the state comptroller as the 87th Legislative session gets …
January 11, 2021 — Laredo Oil Inc. has purchased 100% of the stock of a subsidiary of Alleghany Corp. That wholly-owned subsidiary, Stranded Oil Resources Corp., has “invested more than $100 million in R&D and …
January 11, 2021 — An energy lawyer is now a new member of the board at Williams, which is now up to 14 members. Stacey Doré is currently president and CEO of Sharyland …
January 11, 2021 — Independent Midland Basin and Eagle Ford developer and operator Earthstone Energy Inc. says it’s completed the acquisition of Houston explorer Independence Resources Management LLC (IRM) announced three weeks ago. …
January 11, 2021 — Upstream services company TETRA Technologies says it’s reducing the size of its board with the coming retirement of one member. The Woodlands-based company said Paul D. Coombs intends to …
January 6, 2021 — The Railroad Commission of Texas (RRC) voted on Wednesday to approve and ratify the pandemic-related temporary emergency exceptions to fees and regulations it issued during a May meeting. The …
January 6, 2020 — Two Texas energy companies are mourning the deaths of high-ranking officers. Spring-based Southwestern Energy’s CEO Bill Way said the company’s Chief Financial Officer Julian Bott died Sunday, while Cheniere …
January 5, 2021 — Sales tax income from O&G and related industries was down more than 45% in December when compared with the same time in 2019, new figures from the state comptroller’s …
January 5, 2021 — Jim Wright was joined by his family as he was sworn in on Monday as the 51st and newest commissioner on the RCC — he now prepares for his …
January 2, 2021 — Stakeholder Midstream has bought Santa Fe Midstream’s gas gathering and processing assets in Yoakum County, Texas, US. The acquired assets include 30-30 Gas Treating and Processing Plant, low-pressure gas …
January 1, 2021 — Electricity customers in Georgetown are expected to see lower bills starting this month. The city said it’s decreasing its power cost adjustment (PCA, used for recovering costs to the …
December 31, 2020 — A US subsidiary of German international power producer RWE AG has tax equity financing in place for a Texas wind farm. The funding for the 220 MW Cranell wind …
December 31, 2020 — Consumers in the city of Pittsfield, Massachusetts, will have a new alternative power supplier from Texas. Starting this month Houston’s Dynegy Energy Services is moving in to challenge longtime …
December 31, 2020 — Pennsylvania state regulators are expected to decide in the coming weeks whether to slap a $1 million fine on Energy Transfer Partners for what they claim are violations of …
December 31, 2020 — Financial restructuring of MD America Energy LLC is finished after approval of reorganization plans by the US Bankruptcy Court for the Southern District of Texas, and the company has …