AUSTIN – The Railroad Commission of Texas today provided a briefing to a delegation of government officials and energy industry executives from Argentina. Hosted by the Kay Bailey Hutchison Center for Energy, Law, and Business and the Jackson School of Geosciences at The University of Texas at Austin, the presentation focused on the regulation of oil and gas exploration and production in Texas.
The Argentine delegates, including the Minister of Energy, senators, representatives, academics and members of the American Chamber of Commerce Argentina, requested an opportunity to learn about the Commission’s comprehensive rules and procedures that protect the public and natural resources. During the meeting, Commission staff shared information on the agency’s successful regulation of the oil and gas industry in Texas. The briefing included an overview of the agency’s extensive rules, environmental permitting, strict well construction requirements, and well inspection and monitoring in the field.
“This is an opportunity to exchange ideas and information about the development of energy resources in Argentina and the United States,” said Professor Melinda Taylor, the executive director of the Kay Bailey Hutchison Center for Energy, Law, and Business.
Over the past century the Railroad Commission has established itself as a global leader in the regulation of oil and gas exploration and production. The Commission is known nationally and internationally for its expertise and successful regulatory practices that protect the public and natural resources while maintaining a regulatory framework that is beneficial to all Texans. Over the past three years representatives of more than 30 countries have reached out to the Commission to learn from this expertise and experience. Since the beginning of 2015, the Commission has also met with representatives of South Africa, Australia, Japan and Germany.
About the Railroad Commission
Our mission is to serve Texas by our stewardship of natural resources and the environment, our concern for personal and community safety, and our support of enhanced development and economic vitality for the benefit of Texans. The Commission has a long and proud history of service to both Texas and to the nation, including almost 100 years regulating the oil and gas industry. The Commission also has jurisdiction over alternative fuels safety, natural gas utilities, surface mining and intrastate pipelines. Established in 1891, the Railroad Commission of Texas is the oldest regulatory agency in the state. To learn more, please visit http://www.rrc.texas.gov.