OIL AND GAS: Oil well plugging is haphazardly funded. This Houston oil exec aims to change that
Monthly production totals in 2023 set records, TXOGA President Todd Staples said Tuesday during a news conference. The Texas industry produced 5.6 million barrels per day of crude oil in October, the state’s highest-ever monthly oil production.
“American energy leadership starts in Texas,” he said during the conference call. “Our nation, economy and our world are better because of the tremendous gains happening in Texas oil and natural gas.”