The Railroad Commission of Texas issued 3,722 drilling permits in the first two months of 2013, representing "the strongest start to a year" in the history of the Texas Petro Index, said Karr Ingham, creator of the index. "Texas continues to lead the country in oil and gas production, innovation and employment, due in part to our favorable business and regulatory climate," said Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association.

Full Story:

Related Summaries