Rigzone

JULY 1, 2025

Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. percent increase and an average growth of 875 jobs per month. percent increase and an average growth of 875 jobs per month.

Upstream

Rigzone

AUGUST 6, 2025

“The decrease was largely due to lower crude oil prices, partially offset by a decrease in production royalties,” Aramco said in its statement. “The decrease was mainly due to the impact of lower revenue and other income related to sales, and higher producing and manufacturing expenses,” Aramco said in its statement.

Gas

The Energy Law

MARCH 15, 2023

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d NationsBank”, 939 S.W.2d

Royalty