TIPRO News Releases and Statements
TIPRO Reports Fifth Consecutive Month of Texas Upstream Job Growth
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fifth consecutive month of growth in upstream employment in Texas in the month of October 2024. According to TIPRO’s analysis, direct Texas upstream employment for October totaled 196,100, an increase of 1,400 industry jobs from revised September employment numbers.
Texas Independent Producers & Royalty Owners Association to Open Nasdaq Stock Market
Austin, Texas – To highlight the unprecedented contributions of the Texas oil and natural gas industry from an economic and energy security perspective, the Texas Independent Producers & Royalty Owners Association (TIPRO) and member executives will open the Nasdaq Stock Market in New York City on Wednesday, November 6, 2024.
TIPRO Reports Texas Upstream Job Growth and Rising Domestic Production Outlook
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fourth consecutive month of growth in upstream employment in Texas in the month of September 2024. According to TIPRO’s analysis, direct Texas upstream employment for September totaled 195,400, an increase of 800 industry jobs from revised August employment numbers. The Texas upstream employment data represents a decrease of 900 jobs in oil and gas extraction and an increase of 1,700 positions in the services sector last month.
TIPRO Statement on Public Utility Commission Approval of Reliability Plan for the Permian Basin Region
Austin, Texas – This week, the Public Utility Commission of Texas (PUC) approved staff to develop a final order to implement the Permian Basin Reliability Plan to address energy reliability concerns in the largest oil and natural gas producing basin in the nation. Following the approval of the final order, likely to occur at an upcoming meeting in October, applicable transmission service providers will file applications to initiate construction on new facilities and upgrades that will ensure availability and reliability of electricity in the Permian region. “House Bill 5066 was a top priority supported by TIPRO during the 88th Texas Legislative Session, which provided for the prioritization of the development of transmission projects for the Permian Basin,” said Ed Longanecker, president of TIPRO. “With load demand for the oil and natural gas industry already unmet and expected to increase significantly over the next decade, this plan will provide critical investment in transmission, related infrastructure, and capacity. We applaud the PUC for advancing this important effort to address insufficient transmission access in the Permian Basin and to support continued growth in our industry and state from an economic and energy security perspective,” concluded Longanecker.
Texas Upstream Employment Rises and Energy Infrastructure Projects Advance
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the third consecutive month of growth in upstream employment in Texas in the month of August 2024. According to TIPRO’s analysis, direct Texas upstream employment for August totaled 194,400, an increase of 1,000 industry jobs from revised July employment numbers. The Texas upstream employment data represents a decrease of 1,700 jobs in oil and gas extraction, and an increase of 2,700 positions in the services sector, last month.
T. Grant Johnson Named Next Chairman of TIPRO
Austin, Texas – In conjunction with the annual Summer gathering of the Texas Independent Producers and Royalty Owners Association (TIPRO), the membership of TIPRO this week confirmed T. Grant Johnson as the next chairman to lead the association. His term as chairman of the TIPRO Board of Directors is effective immediately.
Texas Upstream Employment Increases and TIPRO Calls on Congress to Pass Permitting Bill
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing growth in upstream employment for the month of July 2024. According to TIPRO’s analysis, direct Texas upstream employment for July totaled 194,100, an increase of 1,600 industry jobs from revised June employment numbers.
Texas Upstream Employment Dips, But Demand for Talent Remains Strong
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of June 2024. According to TIPRO’s analysis, direct Texas upstream employment for June totaled 189,100, representing a decrease of 2,000 industry jobs from May employment numbers, subject to revisions.
TIPRO Statement on Senator Ted Cruz Congressional Review Act Resolution – Dunes Sagebrush Lizard
Austin, Texas – U.S. Senator Ted Cruz has introduced a Congressional Review Act (CRA) resolution to overturn the listing of the Dunes Sagebrush Lizard as an endangered species. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO): “For too long, environmental activists have been in the driver’s seat, dictating the administration must disrupt robust oil and gas operations despite the industry’s track record of collaborative and successful conservation efforts. The Dunes Sagebrush Lizard’s listing on the endangered list risks hindering critical energy development in the Permian Basin and derailing ongoing conservation work implemented by the Texas Conservation Plan (TCP) that has proven effective in protecting the lizard’s habitat over the last decade. The filing has little to do with protecting the lizard’s habitat and is instead one of several ongoing efforts to inhibit oil and gas production. TIPRO and our members applaud Senator Cruz for taking action via his CRA resolution to overturn the listing of the Dunes Sagebrush Lizard as an endangered species and we encourage all federal policymakers to support this effort.”
TIPRO Reports New Oil and Natural Gas Employment and Production Data
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of May 2024. According to TIPRO’s analysis, direct Texas upstream employment for May totaled 191,400, representing a decrease of 2,000 jobs from April employment numbers. Oil and gas extraction jobs in Texas increased by 400 last month, while support activities fell by 2,400.
New Report – “Texas Grid Security: Natural Gas Critical For Reliability With Increasing Electricity Demand”
Austin, Texas — Today, Texans for Natural Gas (TNG), an educational campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report titled “Texas Grid Security: Natural Gas Critical for Reliability With Increasing Electricity Demand.” The report highlights the vital role natural gas will play in supporting the state’s growing need for reliable and affordable power.
Texas Upstream Employment Dips, Oil Production Grows and Electricity Demand Accelerates at Unprecedented Pace
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of April 2024. According to TIPRO’s analysis, direct Texas upstream employment for April totaled 193,300, representing a decrease of 3,400 jobs from March employment numbers. The decline in employment follows March data showing the highest increase in monthly Texas upstream jobs since June of 2011. TIPRO notes that fluctuations in CES employment data throughout the year are normal and that demand for talent within the industry remains robust.
Texas Oil and Natural Gas Production Increases as Geopolitical Conflicts Escalate
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of March 2024. According to TIPRO’s analysis, direct Texas upstream employment for March totaled 196,500, an increase of 4,500 jobs from February employment numbers, subject to revisions.
TIPRO Releases “2024 State of Energy Report” – Texas Oil and Natural Gas Industry Breaks New Records
The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the ninth edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for the energy industry in 2023. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector with an emphasis on the state of Texas.
Texas Upstream Employment, Permian Production and Energy Infrastructure Expand
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of December 2023. According to TIPRO’s analysis, direct Texas upstream employment for December totaled 211,700, an increase of 3,100 jobs from revised November employment numbers. Texas upstream employment in December 2023 represented the addition of 15,300 positions compared to December 2022, including an increase of 2,000 jobs in oil and natural gas extraction and 13,300 jobs in the services sector.
Demand for Talent Remains Strong in Texas Upstream Sector
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of November. According to TIPRO’s analysis, direct Texas upstream employment for November 2023 totaled 210,700, a decrease of 800 jobs from revised October employment numbers. TIPRO notes that monthly fluctuations are normal and that annual employment trends overall remained strong in the industry throughout 2023. Texas upstream employment in November 2023 represented the addition of 14,700 positions compared to November 2022, including an increase of 2,200 jobs in oil and natural gas extraction and 12,500 jobs in the services sector.
Permian Basin Producers: Charting a Cleaner Energy Future
Austin, Texas – Today, Texans for Natural Gas (TNG), an educational campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report highlighting the diligent work of Texas oil and natural gas producers in significantly and consistently reducing methane emissions. The report emphasizes the decade-long downward trend in methane intensity—reaching a record low of 0.12 percent in 2022 while simultaneously reaching record production levels.
Texas Upstream Employment Increases With Record Permian Basin Production
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of October. According to TIPRO’s analysis, direct Texas upstream employment for October 2023 totaled 212,900, an increase of 2,200 jobs from September employment numbers. Texas upstream employment in October 2023 represented the addition of 19,200 positions compared to October 2022, including an increase of 2,500 jobs in oil and natural gas extraction and 16,700 jobs in the services sector.
Texas Upstream Employment Increases While Geopolitical Conflicts Underscore Critical Importance of Domestic Energy Production
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of September. According to TIPRO’s analysis, direct Texas upstream employment for September 2023 totaled 210,700, an increase of 1,700 jobs from revised August employment numbers.
Upstream Employment Increases and Demand Remains Strong for Oil and Gas Talent
Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of August. According to TIPRO’s analysis, direct Texas upstream employment for August 2023 totaled 208,500, an increase of 1,200 jobs from July employment numbers.
