In the past five years, the percentage of the state’s revenue from taxes and royalties paid by oil and gas producers in Permian Basin has increased to 67.2 percent from 48.1 percent. A new report developed by Texas Taxpayers and Research Association said Texas oil and gas producers in 2019 contributed a record $13.4 billion […]
Texas, New Mexico Legislatures Underway
PBPA Tracking Industry-Related Issues By Julie Anderson So many issues. So little time. Playing defense here. Coordinating offense there. Monitoring, testifying, convincing. When it comes to the New Mexico and Texas legislative sessions, the game plan is complex partly because the issues are layered, much like the stacked multi-pay zones that permeate the Permian. Wheels […]
