.The Texas Energy Report

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.The Texas Energy Report

Austin TV Series On Pipelines Falls Short on Facts: IPAA

May 6, 2020

Local Austin news station KXAN released an investigative series titled “Pipeline Exposed,” which is focused on pipeline safety during the construction process. While the three-part series specifically discusses the Permian Highway Pipeline, a 430-mile natural gas line running from the Permian Basin to the Texas Gulf Coast, the segments include many inaccuracies about the nature and safety of pipeline coating.

Let’s set the record straight on pipeline coating….
 

TXOGA Statement on Proration and Blue Ribbon Task Force Recommendations

A statement from Todd Staples, president of the Texas Oil & Gas Association:

“We are pleased that the Railroad Commission will not be pursuing proration because that approach would have made matters worse. The market is a much better arbiter of production than artificial government mandates. There are, however, solutions the Commission can adopt that will be helpful as operators weather this economic crisis. As a member of the Railroad Commission’s Blue Ribbon Task Force for Oil Economic Recovery, TXOGA welcomed the opportunity to work with other industry leaders to make comprehensive recommendations to the Commission on regulatory, operational, legal, and tax solutions that can allow Texas producers to recover within the context of the free market. We are encouraged that the Commission today adopted some of the recommendations and believe their action will be meaningful to maintain jobs for employees and survival for employers.”…..
 

Blue Ribbon Task Force for Oil Economic Recovery Encourages Regulatory Relief to Help Texas Producers: TIPRO

May 5, 2020

Today, the Railroad Commission of Texas convened for its monthly commissioners’ conference to discuss pending business and regulatory matters, as well as receive an update from the Blue Ribbon Task Force for Oil Economic Recovery. This task force was formed last month by the commission’s chairman, Wayne Christian, to evaluate solutions that will assist oil and gas operators and save jobs as the industry endures historic and unprecedented challenges. Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO), provided testimony during Tuesday’s public hearing on behalf of the task force and its list of recommendations for consideration by the Railroad Commission. On Tuesday morning, leaders of the Railroad Commission also voted against a proposal to impose limits on oil production in Texas. The following statement can be attributed to Mr. Longanecker:

“On behalf of the Blue Ribbon Task Force for Oil Economic Recovery, I was pleased this morning to update the commissioners of our collective recommendations to keep oilfield workers employed and help Texas operators to survive these exceptionally difficult circumstances.

The recommendations developed by the task force are designed to be broad, yet comprehensive, and include fee relief, relaxed reporting requirements, additional deadline extensions and other mechanisms to expand storage capacity in Texas. The focus of the group’s suggestions is above all-else to provide small producers with regulatory relief at this time, though when possible, the task force encourages relief be granted to all operators, regardless of size, as this crisis does not discriminate and is negatively impacting every sector of the industry…..