Texas Petro Index: Texas Upstream Activity Declines in 2023, Even as State Sets New Production Records

AUSTIN, Texas (Feb. 5, 2024)—The year-end Texas Petro Index (TPI), released by the Texas Alliance of Energy Producers, shows steady declines in nearly every exploration and production indicator in 2023. At the same time, however, Texas set records for both crude oil and natural gas production last year, despite lower prices for both, falling rig counts, and fewer drilling permits issued than in 2022. 

Texas Alliance of Energy Producers Approves New Board Chair Jason Herrick 

E&P executive begins two-year term with Texas oil and gas association for independents

AUSTIN, Texas (Jan. 30, 2024)—The Texas Alliance of Energy Producers (the Alliance) has confirmed Jason Herrick as its new board chairman. Herrick is the president of Pantera Energy Company, a family-owned exploration and production company headquartered in Amarillo. 

Federal Overregulation Concerns Rise for Oil and Gas Industry in 3rd Annual Texas Alliance of Energy Producers Survey

AUSTIN, Texas (Apr. 12, 2023)—Oil and gas professionals are increasingly worried about federal constraints on the industry, according to the Texas Alliance of Energy Producer’s 3rd Annual "Pulse of the Oil Patch" survey. Nearly 85 percent of the more than 130 survey respondents disapprove of the Biden Administration’s approach to energy policy.

Federal Overregulation Rises to Top Threat in Texas Alliance of Energy Producers Survey

Despite concerns, 556 U.S. oil and gas professionals indicate increased optimism about the industry in 2nd consecutive “Pulse of the Oil Patch” survey

AUSTIN, Texas (March 22, 2022)—One year into the Biden presidency, federal overreach is the biggest threat for U.S. oil and gas professionals. This is according to the results of the second consecutive "Pulse of the Oil Patch" survey conducted by the Texas Alliance of Energy Producers. Representing a large cross-section of the industry, 556 survey respondents in 38 states and the District of Columbia provided input about the state of business, concerns, challenges, and priorities in 2022.