Permian-generated revenue pushes up Texas oil and natural gas royalties by nearly $ 14 billion
Permian-generated revenue pushes up Texas oil and natural gas royalties by nearly $ 14 billion
Derived from revenues from the Permian Basin in West Texas, the state’s oil and gas industry paid $ 13.9 billion in taxes and royalties in fiscal 2020, or roughly $ 38 million. dollars / day, according to a large industrial group. Data compiled by the Texas Oil & Gas Association (TXOGA) indicates that the state’s […]
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