Chairman Craddick: Panhandle Producers are Essential to Texas’ Economic Success

AMARILLO – Railroad Commission Chairman Christi Craddick today addressed RRC’s emphasis on common sense energy regulation at the Panhandle Producers and Royalty Owners Association (PPROA) 88thConvention and Annual Meeting in Amarillo.

“Thank you to all of you who invest in the business of energy development, an industry that is critical to the economic success of our state and our country,” Craddick said. “Thanks to your efforts, our state’s energy producers, big and small, are setting the standard for American energy production, and Texas’ Panhandle producers play an important role.

“Even through the recent downturn, the Texas oil and gas industry has shown extraordinary resilience,” Craddick said. “When times were tough, the industry did what it does best – innovate. Because of your ingenuity, we’re seeing industry growth today despite the price of oil. I will ensure our rules at the Railroad Commission will allow you to continue to safely find ways to grow and thrive.”

PPROA was founded in 1929 as an industry association advocating on behalf of oil and gas producers, mineral royalty owners and industry support companies in the Texas Panhandle, Western Oklahoma and Southwestern Kansas.