We are a grassroots entity organized to monitor, advocate and educate royalty owners, elected officials and the energy industry on issues affecting royalty owners in Texas.
A new study released by the World Health Organization (WHO) says although outdoor air pollution worldwide has increased by 8% in the past five years, air quality in the United States has become cleaner. A key reason that air quality has improved is because more Americans than ever are now relying on natural gas, and burning natural gas emits fewer pollutants into the atmosphere than burning coal.
Todd Staples | Corpus Christi Coller Times
Fear is often wielded as a dangerous tool to influence public opinion and impact public policy. In Texas and beyond, many groups that are funded to oppose oil and natural gas development use misinformation and outright fabrication to create fear and confusion. For many of us, it can be hard to tell the difference between sound science and junk science.
Jim Malewitz | The Texas Tribune
An epic oilfield slowdown has done more than trigger layoffs and budget cuts in petroleum-dependent communities. It’s also eating into the “mailbox money” of royalty owners — monthly checks to account for oil and gas production on their property.
Tricia Davis, President, Texas Royalty Council
This week, the Texas Royalty Council (TRC) was made aware of a potential oil price miscalculation that could lead to royalty owners being over-appraised on oil and gas wells in Texas. Royalty owners who receive an appraisal from Pritchard & Abbott, Inc. are encouraged to contact the firm immediately (817-926-7871) to verify the oil price used in their appraisal.
By Damien Larson, Myska & Vandervoort
Tax notices of appraised value are now being sent out to royalty owners across the nation for oil and gas wells in the state of Texas. One of the major components of the discounted cash flow methodology used to achieve fair market value is oil price. Unfortunately, there is one appraisal firm in Texas that is not using the oil price that is clearly specified in the Texas Property Tax Code (Section 23.175) to generate a fair taxable value.
Timothy Cama | The Hill
Interior Secretary Sally Jewell had harsh criticism for activists who want to dramatically reduce the production of fossil fuels.
By North Texans for Natural Gas
A new report from the U.S. Energy Information Administration (EIA) shows that natural gas imports last year were at their lowest level in almost 30 years. Thanks to fracking, U.S. natural gas production has increased significantly in recent years, while net imports of natural gas have dramatically declined since 2007.
Chuck DeVore | Forbes
Napoleon Bonaparte said, “I’d rather have lucky generals than good ones.”
This maxim holds true for much of life, including, to a certain extent, politics. In 2006, I was a member of the California legislature when Gov. Schwarzenegger and a majority of lawmakers set out to “green” California’s energy landscape.
Jeff Stier | Newsweek
Geologists at the University of Cincinnati just wrapped up a three-year investigation of hydraulic fracturing and its impact on local water supplies.
The result? There's no evidence—zero, zilch, nada—that fracking contaminates drinking water.Researchers hoped to keep these findings secret.