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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Railroad Commission dismisses proposal to limit oil production in Texas

May 7, 2020 by PBOG

Railroad Commission of Texas decided this week that it will not require cutbacks in crude oil production by Texas operators to address depressed prices during global oil oversupply. Chairman Wayne Christian and commissioner Christi Craddick voted to dismiss earlier proposals to allow prorationing by Pioneer Natural Resources and Parsley Energy and commissioner Ryan Sitton. “This […]

Filed Under: News, PBOG Newsletter Tagged With: production, prorationing, Texas Railroad Commission

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