TIPRO, TRC at odds over independents' bond requirements

The Texas Independent Producers & Royalty Owners Association (TIPRO) is pushing the Texas Railroad Commission to allow independent exploration and production companies the 3-year phase-in period originally designated by state legislators in which to secure bonding or other financial guarantees against environmental damage during drilling operations."Instead of following the legislative intent, the commission has structured its rules so that, for practical purposes, almost all independents must provide financial security in 1 year," said Scott Anderson, TIPRO's executive vice-president.However, TRC Commissioner Tony Garza claimed 116 operators asked in July "to be granted a 'good g...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected