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Texas Alliance of Energy Producers

Petroleum Economist Karr Ingham presenting his Midyear 2014 Texas Petro Index, an assessment of the oil industry based on a number of economic metrics.
(For the Chronicle/Gary Fountain, July 24, 2014)

Karr Ingham: Oil crash “deepest and longest” in history of Texas Petro Index

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An index measuring the health of the Texas oil industry tumbled again in October for the 11th straight month as producers shut down additional rigs and more of the state’s oil and gas workers lost their jobs.
The Dallas Fed estimates the U.S. has lost 70,000 oil jobs during the 14-month price slump.

Oil crash job losses in Texas may be steeper than previously thought

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The number of oil and gas job losses may be thousands more than the Texas Alliance of Energy Producers initially projected.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Texas shed 28,300 oil and gas jobs since December

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The oil slump has claimed at least 28,300 oil and gas jobs in Texas since December as the industry continues to pare back amid the worst downturn in years.
A Petrohawk Energy Co. drilling site at the Eagle Ford Shale in McMullen County. (Jake Lacey)

Texas expected to pump record amount of oil this year, despite industry slowdown

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The state is pumping out 15 percent more oil than it did the same time last year, pushing Texas closer to breaking its 1972 record for crude output, according to the Texas Alliance of Energy Producers.
Roughnecks take a break from working the Peterson Drilling Company rig in Carlsbad, New Mexico, February 26, 2000.  (Photo by Joe Raedle)

Texas on track to beat 1972 oil production record

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Even as oil companies pare their spending budgets and pull back from some drilling activity, production in Texas has unexpectedly continued surging toward all-time highs, Karr Ingham, an economist for the Texas Alliance of Energy Producers, said Monday at his twice-per-year assessment of the state’s oil industry.

More Texans working for oil and gas companies

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The 302,700 workers estimated to work for services and exploration and production companies marked the first time employment in the industry has exceeded 300,000 since his Texas Petro Index began tracking the numbers in 1995, said its developer, economist Karr Ingham.
Texas will deploy additional sensors to study a rash of earthquakes shaking the state as researchers try to determine whether the tremors are linked to the underground disposal of oilfield waste.
(martinluff/Flickr)

State regulator unveils proposed rules on disposal wells

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Facing mounting concerns about ties between earthquakes and oil and gas activity, Texas regulators are proposing new rules for wastewater storage wells.
An oil & gas drilling rig is drilling a well for Pioneer Natural Resources in the Eagle Ford Shale formation near Yorktown. (Eddie Seal/Texas Tribune)

Texas’ oil and gas industry expands to near-record levels

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The Texas oil and gas industry is approaching records set in the 1970s, according to the latest Texas Petro Index.
(Rice University photo)

Texas crude production hits highest level since 1980

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An index that measures oil and gas activity in Texas reached a record level last month, bolstered by rising production and wellhead prices.
George Burnett, owner of Covers & Camo in Vernal,  Utah, holds up a sign outside his business. The Uinta Basin oil boom has made Duchesne County the nation's second fastest-growing (for counties with at least 10,000 people), and Vernal the nation's sixth fastest-growing "micropolitan area" of 10,000 to 50,000 people. That mirrors a national trend in which most of the fastest-growing places are in oil and gas boom areas, according to estimates released Thursday, March 27, 2014 by the U.S. Census Bureau. (AP Photo/The Salt Lake Tribune, Francisco Kjolseth)

Oil towns lead nation in population growth

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New census data show a population surge as the oil boom draws workers and families to oil fields around the country. Some of the nation’s fastest-growing communities include two Texas towns in the Permian Basin and three cities near North Dakota’s Bakken Shale.