As 2024 comes to a close, we are reminded of the many triumphs of the U.S. energy industry including the exciting opportunities that await in the new year. More importantly, the Permian Basin is at the epicenter of the industry’s success – proving that Texas operators are critical to meeting our global energy and economic goals. From maintaining grid reliability to consistent emissions reductions, Texas oil and natural gas operators set the standard for responsible and efficient energy production.

Demand for reliable and affordable energy resources continues to drive record-breaking oil and natural gas production throughout the United States. In the Permian, production has reached new heights showing 10% growth compared to other U.S. shale plays. This trajectory is expected to extend to the new year as experts estimate the Permian to be a significant contributor towards the nation’s growth in oil and natural gas production.

These added energy resources will also assist our global allies as the U.S. remains a top LNG exporter. Texas’ export industry has become a vital engine of economic growth and infrastructural development for the Lone Star State. As LNG exports continues to grow, ripple effects in related industries ranging from transportation to engineering and manufacturing, further cements Texas' position as a leading global energy supplier.

Texas oil and natural gas producers are delivering the critical energy needs of communities at home and abroad. In 2025, we look forward to another year of success and will continue to elevate the strength and value of the Lone Star State’s energy industry.

To learn more about our industry’s 2024 efforts, visit below:

• Texas LNG exports are more important now than ever before
• The Permian’s Proactive Approach to Seismicity
• The Energy Permitting Reform Act of 2024 is a Step in the Right Direction
• Texas Oil and Gas Industry Continues Commitment to Protecting Dune Sagebrush Lizard Amid Weaponization of Endangered Species Act
• Texas Natural Gas Producers Dramatically Reduce Emissions from Flaring Despite Record Production
• Producing Solutions: Texas Oil and Gas Industry’s Responsible Water Management
• Natural Gas Fills the Gap for Solar Power Generation During Eclipse
• Texas Plays Key Role in Keeping Natural Gas Prices Low Amid LNG Export Boom
• What Our Texas Representatives Are Saying About President Biden’s LNG Pause