Texas regulators – Oil & Gas 360

Texas regulator applauds state Board of Education for cancelling $8.5 billion contract BlackRock

March 20, 2024

World Oil (WO) – Following news that the Texas State Board of Education (SBOE) and Chairman Aaron Kinsey would terminate an $8.5 billion contract with BlackRock, Texas Railroad Commissioner Wayne Christian applauded the SBOE’s decision, which protects Texas’ Permanent School Fund and classrooms across the state, and said the following: “Texas state leadership continues to land blows to BlackRock and

Texas regulator to deploy acclaimed well-plugging program along Texas coast

February 5, 2024

World Oil AUSTIN – The Railroad Commission’s well-plugging program will utilize its expertise to plug hard to reach orphaned wells located along the Coastal Bend of Texas in Baffin Bay, Humble Channel and Pita Island. The RRC has signed a Memorandum of Understanding with the General Land Office (GLO), in which GLO will provide $3 million to help plug 10

Texas regulator issued 639 drilling oil, gas drilling permits in November 2023

December 8, 2023

World Oil AUSTIN – The Railroad Commission of Texas issued a total of 639 original drilling permits in November 2023. The total includes 588 to drill new oil or gas wells, five to re-enter plugged wellbores and 37 for re-completions of existing wellbores. The breakdown of well types for total original drilling permits in November 2023 is: 138 oil, 33

Texas regulator to overhaul oil field waste management, water protection rules for first time in four decades

October 5, 2023

World Oil AUSTIN- For the first time in nearly 40 years, the Railroad Commission’s Statewide Rule 8 will undergo a substantial overhaul to better reflect modern waste management practices and recent advancements in oil and natural gas production methods. One of the highest priorities of the Railroad Commission of Texas (Commission) is the protection of groundwater resources. Water protection is

Texas regulator assesses $3.5 million in fines against oil, gas operators

May 22, 2023

World Oil The Railroad Commission of Texas assessed $3,515,243 in fines involving 283 enforcement dockets against operators and businesses at the Commissioners’ Conference on Wednesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. Thirty-seven dockets involved $1,204,493 in penalties after operators failed to appear at Commission enforcement proceedings. Master Default

Texas regulator closes gas-winterization loophole

December 1, 2021

World Oil HOUSTON (Bloomberg) –Texas’s top oil and gas regulator voted Tuesday to more clearly define who’ll be at the top of the list to keep receiving electricity during severe winter weather, closing an earlier draft loophole that critics said would’ve let any operator pay just $150 to opt-out of expensive upgrades. The Texas Railroad Commission, which regulates the oil

Texas regulator notifies producers of governor’s mandate to keep gas in state

February 18, 2021

Reuters The Texas oil and gas regulator on Thursday notified producers of the governor’s directive that the state’s natural gas providers not ship outside Texas during a deadly cold snap. Days of freezing temperatures have killed at least 21 people and at one point knocked out power to more than 4 million people in Texas. It shut in about one-fifth

Texas regulators do not mandate oil production cuts

May 5, 2020

Reuters HOUSTON – Texas energy regulators on Tuesday said they will not mandate oil production cuts, ending a month-long debate about whether or not they would wade into global oil politics for the first time in 50 years as crude prices crater to historic lows. Global energy demand has tumbled amid coronavirus-related travel and business restrictions and a glut of

Premium Content