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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. Almost all of the production growth has come from the Permian Basin region. oil production is forecasted to average 13.4

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Louisiana Supreme Court holds that payment of mineral royalties judgment against LDNR is a matter of legislative discretion, reversing grant of mandamus

The Energy Law

million judgment for reimbursement of mineral royalties. In 2006, a group of landowners filed a class action lawsuit against the State of Louisiana through the Louisiana Department of Natural Resources (“LDNR”) concerning the ownership of riverbanks in the Catahoula Basin. 1/1/23), So.

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Natural Gas a Powerhouse for Economic Growth & Reliability – Highlights from Pittsburgh

Marcellus Shale Coalition

Additionally, Allegheny County and municipal governments have received nearly $30 million in natural gas tax revenue since 2012, which have been dubbed critical to advancing county-wide economic development. MSC President Welty: A robust MSC membership is a reflection of the competitiveness of the basin, particularly here in Pennsylvania.

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LNG Canada Nears Startup: A Game-Changer for Western Canadian Natural Gas

Oil Gas Leads

But it wasnt until Premier John Horgans NDP government introduced tax and regulatory incentives in 2018 that Shell and its global partners approved the final investment. billion in provincial natural gas royalties over the next three years (up from just $600 million last year).

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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. The government has been fighting the illicit refineries for years. The government had little choice but to try and negotiate peace with the militants.

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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. The EIA forecasts U.S. crude output to grow from 13.2

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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG.