American Oil and Gas Reporter - January 2015 - 211

The Presidential Papers
such as Toyota because of the state's employer-friendly combination of low taxes,
fair courts, smart regulations and worldclass workforce.
"The bottom line," AEI continues, "is
the country, the president, and all of us
individually owe a huge debt of gratitude
to the state of Texas and to the oil and
gas industry for helping support the U.S.
economy during and after the great recession. Without the energy-driven economic stimulus from the fracturing revolution, and without the gusher of jobs in
Texas, there is no question that the great
recession would have been much worse
and lasted much longer, and the jobs picture today would be much bleaker." Ì

Coming In February
Using pattern recognition technology to delineate key parameters and
reservoir attributes in unconventional
resource plays.

Texas Independent
Producers & Royalty
Owners Association
RAYMOND WELDER
President
Welder Exploration &
Production Inc.
San Antonio, Tx.

FROM THE CHAIRMAN
Over the past year, oil and gas development has continued to expand across the
state of Texas, with oil production levels
surpassing 3.0 million barrels a day for the
first time since the late 1970s. Gains in
Texas crude oil production have occurred
primarily in those regions that contain unconventional tight oil and shale reservoirs,
including South Texas' Eagle Ford play
and the vast Permian Basin in West Texas.
Collectively, Texas oil production has

more than doubled over the past three
years, a tremendous accomplishment by
the state's producers. The surge in domestic
oil and gas production has contributed
directly to additional job creation and
economic growth. However, a number of
local, state and federal issues continue to
demand the industry's attention.
This year, the federal government undoubtedly will persist with efforts to implement new regulations for the oil and

Reserve Your Seat Today

4TH ANNUAL

NORTH AMERICAN
CRUDE OIL SUMMIT
February 26-27, 2015 | JW Marriott Downtown | Houston, TX
To Register or for More Information, visit www.platts.com/NACrude or call 1-800-752-8878
Gain Valuable Insight from Prominent Speakers:
Michael Cohen, Barclays
Peter Howard, Canadian Energy Research Institute
Miriam Grunstein, Ph.D., Centro de Investigación y Docencia Económicas
Johannes Benigni, JBC Asia
Nick Dazzo, Koch Supply and Trading
George Baker, Mexico Energy Intelligence (Houston)
John O'Shea, Navigator Energy Services, LLC
Horace Hobbs, Phillips 66
John Kingston, Platts
Esa Ramasamy, Platts
Richard Swann, Platts
Mike Woodward, Torq Transloading Inc.
The Crude Oil Export Ban
Current Status and Prospects
for Reform

Tapping the New Tight Oil Plays
Assessing Their Comparative
Economic Viability

Hear Pemex Speak about Mexico's
Upstream Developments
Post-Energy Reform

Sponsored by:

Theodore W. Kassinger,
Partner, O'Melveny & Myers LLP

Tom Petrie,
Chairman, Petrie Partners

Gustavo Hernandez Garcia,
General Director, PEMEX E&P

Registration Code: PC514AOGR
JANUARY 2015 211



American Oil and Gas Reporter - January 2015

Table of Contents for the Digital Edition of American Oil and Gas Reporter - January 2015

Contents
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