Mild spring weather with low gas demand combined with pipeline maintenance to drag spot natural gas prices at the Waha hub in West Texas into negative territory this week.
Texas produced 11.2 Tcf of natural gas last year, a new record, according to the Texas Independent Producers and Royalty Owners Association (TIPRO).
An oil and gas producer based on the Texas side of the Permian Basin looked to capitalize on growth in the New Mexico portion of the region, looking to buy lands in the southeast corner of the state.
Texas Independent Producers and Royalty Owners Association (TIPRO) has noted that oil and gas jobs in Texas continued growth in December to close out 2022
An oil pump jack in Midland, Texas, US, on Thursday, April 7, 2022. Midland, Texas, is used to booms and busts. But even here, prices are shocking the local economy — and the Fed may not be able to help.