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Texas oil & gas exploration & production is heavily regulated. The two main state agencies that govern standards & enforce regulations for Texas are: The Railroad Commission of Texas (RRC) and the Texas Commission on Environmental Quality (TCEQ). If Texas based oil & gas operators are not in strict accordance to these two agencies they can risk losing their permits to operate in Texas.
The main purpose of RRC for Texas oil & Gas industry is to keep in check the drilling activity such as well spacing, well design including depth of casing and cement, groundwater protection during drilling and completion, water protection, wastewater handling and disposal, and operational & public safety. You can visit RRC’s main website HERE.
TCEQ’s main purpose for Texas oil & gas industry relates to the control of air emissions, water quality control, and other regulations related to public health & safety. You can visit TCEQ’s main website HERE.
According to the Texas Alliance of Energy Producers (TAEP) Texas Petro Index (TPI), 2019 was a year of contraction in the Texas upstream oil and gas economy. This is the key finding enunciated by TAEP Executive Vice President and Economist Karr Ingham during a briefing for industry media in Houston on Tuesday. Read more about it HERE.