Last updateWed, 11 Dec 2019 9pm

End-User News

Texas Upstream Industry Facing “Headwinds”

The Texas upstream (exploration and production) oil and gas economy is in a mild state of contraction midway through 2019, according to Karr Ingham of the Texas Alliance of Energy Producers and the creator of the Texas Petro Index.

Ingham said there are numerous headwinds to expansion at the midway point in 2019 including sluggish crude oil prices, the natural gas supply glut which is hampering further crude oil production development in Texas, the imposition of steel tariffs adding direct industry upstream costs, and the current trade environment which is slowing national and global economic growth.


• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

NEW BASICS 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products