Upstream Texas - Fall/Winter 2017 - 7

PRESIDENT'S

MESSAGE

TIPRO TACKLES NEW CHALLENGES,
OPPORTUNITIES FACING INDUSTRY
Ed Longanecker
PRESIDENT- TEXAS INDEPENDENT PRODUCERS & ROYALTY OWNERS ASSOCIATION

WITH THE END OF another successful legislative session here in Texas,
we shift our focus to other priorities for the interim period and continue
with advancing our targeted federal policy agenda. On the state level, our
team is concentrating on policy measures that relate to property tax reform,
additional funding for county roads and infrastructure in energy-related
areas, technological improvements at the Texas Railroad Commission, and
ongoing discussions regarding seismicity and related data provided by TexNet.
Included in this edition of Upstream Texas, members will find more
extensive information on the work of TexNet, and learn more about how
our state has led the country in efforts to study the issue of seismicity.
As I've stated publicly with the media, in public testimony and highlighted
through presentations, it is imperative that we have accurate and reliable
data to determine the true cause of seismic events in our state in order
to develop the right policies, regulations and industry best practices to
protect Texas citizens and ensure responsible development of oil and natural
gas in our state. This is again one of many issues that TIPRO will monitor
during the interim and for more many years to come. We will continue to
keep our members informed of any related information and strategies,
as developments occur, through our regular committee meetings and
communication outreach.
Meanwhile, as we approach the second year of the Trump Administration,
we reflect on the many accomplishments achieved on the federal level from
a regulatory standpoint and look ahead to supporting further efforts that
will continue to strengthen the oil and natural gas industry. With sound
energy policies and strong leadership, we will further expand our energy
dominance on a global scale and see the related benefits come to fruition
for our country and all Americans, with Texas leading the way.
Since taking office, President Trump has withdrawn nearly 500
regulations proposed in the Obama Administration's final regulatory agenda
in 2016. This is in addition to delaying 300 regulatory proposals in the midst
of the rulemaking process and halting another 100 policies. Citing federal
overreach and burdensome regulations, President Trump has prioritized
domestic fossil fuel interests and repealed many overreaching measures
advanced during the previous administration, with a particular focus on
the Environmental Protection Agency (EPA) and Interior Department.

As we know, many campaigns, organizations and related regulations are
often not solely based on protecting the environment. Over time this effort
has blossomed into a big business, with environmental groups, research
organizations, and even some academic institutions gravitating toward the
highest bidders. Campaigns like "Beyond Coal," "Beyond Natural Gas," and
"Keep in the Ground" are just a few examples that are instrumental in carrying
out their donors' wishes to dismantle an industry that they have invested in
betting against.
Fighting billion dollar donors, a flawed ideology, and elected officials
that use climate change for political gain is a long-term endeavor and one
that is of critical importance to our state and country.
Over the years, our association has directly supported numerous efforts
to reduce the number of unnecessary federal regulations placed on our
industry. This includes filing a lawsuit more recently against the EPA
challenging federal methane regulations for new and modified sources,
successfully removing the EPA's Information Collection Request (ICR)
for existing sources and TIPRO's Motion to Intervene in the Resource
Conservation and Recovery Act (RCRA) lawsuit where environmental
activist organizations were seeking to force the EPA to promulgate new
rules for the disposal of E&P wastes under Subtitle D of RCRA.
Given the rise in frivolous lawsuits from activist organizations targeting
the oil and natural gas industry and TIPRO's increasing involvement in
such matters, this year our association's Board of Directors approved
the formation of a standing legal committee. The focus of the TIPRO
Legal Committee includes tracking and analyzing legal issues that impact
producers and royalty owners, developing and executing strategies to
be more proactive as an organization in the judicial arena, and providing
recommendations to TIPRO's chairman, president and board on areas
for engagement. This will add another layer of expertise and analysis to
complement TIPRO's legal and regulatory analysis and related efforts.
Throughout our history, TIPRO has continued to evolve to effectively
represent the many challenges and opportunities facing the Texas oil and
natural gas industry. Our impact over the past 72 years has been significant.
Our success, ongoing advocacy work, and many substantive contributions since
our inception would not be possible without the support of our members.■

Fighting billion dollar donors, a flawed ideology, and
elected officials that use climate change for political
gain is a long-term endeavor and one that is of critical
importance to our state and country.

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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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
http://www.nxtbook.com/naylor/TIPB/TIPB0113
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