Upstream Texas - Fall/Winter 2017 - 3

2017-2018

A PUBLICATION OF THE TEXAS INDEPENDENT
PRODUCERS AND ROYALTY OWNERS ASSOCIATION

www.tipro.org

SOHL/ISTOCK.COM

CONTENTS

FALL | WINTER

FEATURES
8 Texas Takes the Lead on Seismicity Research

Texas creates new seismic monitoring system - TexNet - to
provide Texans with better understanding of future seismic
events in the state.

10

U.S. Oil and Gas Production and Price Outlook

13

Special Infographic

A look at the current trends and expectations of market flow
for the U.S. oil and gas industry.
TIPRO Legislative successes from 2017

DEPARTMENTS
14 Legislative Profile:

State Representative Brooks Landgraf

15

Regulatory Profile:

16

Member Profile:

Texas Water Development Board Chairman Bech Bruun
Parsley Energy CEO Bryan Sheffield

IN EVERY ISSUE
6 Chairman's Message
7
17 New Members
18
18 Advertiser Index

President's Message
Calendar of Events

Welcome to this edition of Upstream Texas!
TIPRO is the voice of Texas' upstream sector and represents
members by lobbying at the state and federal levels to ensure
they can continue to explore for and produce oil and natural
gas. As the official bi-annual magazine of the association,
Upstream Texas features insights into the opportunities and
challenges currently facing the Texas oil and gas industry, as
well as profiles key industry players and regulators.
In this issue of Upstream Texas, read how officials in Texas
responded proactively after an uptick of seismic activity in the
state at the end of 2013. Learn more about the state's TexNet
program, a world-class seismic monitoring system that will
provide Texans with better understanding of seismicity in the
future. To see more, turn to page 8.
In addition, starting on page 10, discover what independent
producers can expect moving into 2018. Leading energy data
analytics company Drillinginfo explains why 2017 is seen as
"the comeback year" for the U.S. oil and gas industry and offers
an outlook for the oil and gas sector. In its forecast, Drillinginfo
also shares with Upstream readers projections for the Permian,
the basin now representing the largest contribution to growing
U.S. oil production.
Lastly, inside this edition of TIPRO's magazine, review a special
infographic showcasing TIPRO's advocacy efforts on behalf
of members throughout the 2017 Texas Legislative Session.
While legislators deliberated over policy during session,
the association proudly educated lawmakers on measures
beneficial to the oil and gas industry, and worked to defeat
onerous legislation that would deter E&P activity in Texas.
Turn to page 13 to see more.
And, as always, this publication also features profiles of industry
and state leaders, including: Texas State Representative Brooks
Landgraf (page 14); Texas Water Development Board Chairman
Bech Bruun (page 15); and Parsley Energy CEO Bryan Sheffield
(page 16).
TIPRO members, this is your magazine and we welcome your
feedback. Please contact TIPRO's Director of Communications
Kelli Snyder [ksnyder@tipro.org] or Content Strategist
Susan Christmas [schristmas@naylor.com].

UPSTREAM TEX AS IS PUBLISHED FOR THE TEX AS INDEPENDENT PRODUCERS & ROYALTY OWNERS ASSOCIATION 919 CONGRESS AVE.
SUITE 1000 AUSTIN, TX 78701 PHONE 512.477.4452 WWW.TIPRO.ORG OFFICERS | CHAIRMAN ALLEN GILMER PRESIDENT ED LONGANECKER
PUBLISHED BY NAYLOR ASSOCIATION SOLUTIONS 5950 NW 1ST PLACE GAINESVILLE, FL 32607 PHONE 800.369.6220 W W W.NAYLOR.COM
PROJECT TEAM | GROUP PUBLISHER HEIDI BOE EDITOR SUSAN CHRISTMAS SALES MANAGER CELIO RAMOS BOOK LEADER MATTHEW YATES
MARKETING NATALIA ARTE AGA PROJECT SUPPORT SPECIALIST ALYSSA WOODS ADVERTISING DIRECTOR CELIO R AMOS
ADVERTISING REPRESENTATIVES SHAUN GREYLING, ANTHONY LAND, DEBBI MCCLANAHAN, SCOTT MCKENZIE, NORBERT MUSIAL,
DEBBIE PHILLIPS LAYOUT & DESIGN GUFRAN KHAN PUBLISHED OCTOBER 2017 | TIP-B0217 | 4568 | © Naylor, LLC. All rights reserved.

U P S T RE A M T E X A S F A L L | W I N T E R 2 0 17-2 0 18

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http://www.tipro.org http://WWW.TIPRO.ORG http://WWW.NAYLOR.COM

Table of Contents for the Digital Edition of Upstream Texas - Fall/Winter 2017

Chairman’s Message
President’s Message
Texas Takes the Lead on Seismicity Research
U.S. Oil and Gas Production and Price Outlook
Special Infographic
Legislative Profile: Texas State Representative Brooks Landgraf
Regulatory Profile: Texas Water Development Board Chairman Bech Bruun
Member Profile: Parsley Energy CEO, Bryan Sheffield
New Members
Advertiser Index
Calendar of Events
Upstream Texas - Fall/Winter 2017 - Intro
Upstream Texas - Fall/Winter 2017 - cover1
Upstream Texas - Fall/Winter 2017 - cover2
Upstream Texas - Fall/Winter 2017 - 3
Upstream Texas - Fall/Winter 2017 - 4
Upstream Texas - Fall/Winter 2017 - 5
Upstream Texas - Fall/Winter 2017 - Chairman’s Message
Upstream Texas - Fall/Winter 2017 - President’s Message
Upstream Texas - Fall/Winter 2017 - Texas Takes the Lead on Seismicity Research
Upstream Texas - Fall/Winter 2017 - 9
Upstream Texas - Fall/Winter 2017 - U.S. Oil and Gas Production and Price Outlook
Upstream Texas - Fall/Winter 2017 - 11
Upstream Texas - Fall/Winter 2017 - 12
Upstream Texas - Fall/Winter 2017 - Special Infographic
Upstream Texas - Fall/Winter 2017 - Legislative Profile: Texas State Representative Brooks Landgraf
Upstream Texas - Fall/Winter 2017 - Regulatory Profile: Texas Water Development Board Chairman Bech Bruun
Upstream Texas - Fall/Winter 2017 - Member Profile: Parsley Energy CEO, Bryan Sheffield
Upstream Texas - Fall/Winter 2017 - New Members
Upstream Texas - Fall/Winter 2017 - Calendar of Events
Upstream Texas - Fall/Winter 2017 - cover3
Upstream Texas - Fall/Winter 2017 - cover4
http://www.nxtbook.com/naylor/TIPB/TIPB0217
http://www.nxtbook.com/naylor/TIPB/TIPB0117
http://www.nxtbook.com/naylor/TIPB/TIPB0216
http://www.nxtbook.com/naylor/TIPB/TIPB0116
http://www.nxtbook.com/naylor/TIPB/TIPB0215
http://www.nxtbook.com/naylor/TIPB/TIPB0115
http://www.nxtbook.com/naylor/TIPB/TIBP0214
http://www.nxtbook.com/naylor/TIPB/TIPB0114
http://www.nxtbook.com/naylor/TIPB/TIPB0213
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http://www.nxtbook.com/nxtbooks/naylor/TIPB0212
http://www.nxtbook.com/nxtbooks/naylor/TIPB0112
http://www.nxtbook.com/nxtbooks/naylor/TIPB0211
http://www.nxtbook.com/nxtbooks/naylor/TIPB0111
http://www.nxtbook.com/nxtbooks/naylor/TIPB0210
http://www.nxtbookMEDIA.com