Texas O&G Paid Record Taxes in 2014

The Texas Oil and Gas Association (TXOGA) in February reported that the Texas oil and natural gas industry paid a record $15.7 billion in state and local taxes and royalties in 2014. According to the TXOGA’s new economic data, the oil and gas industry supports 41% of the Texas economy,…

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Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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