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Body AUSTIN—Crude oil and natural gas production for February 2022 came from 162,109 oil wells and 84,801 gas wells, according to the Texas Railroad Commission. From March 2021 to February 2022, total reported production in Texas was 1.5 billion barrels of crude oil and 10.
Business Briefs

April state sales tax revenue totals $3.8B

Body AUSTIN—Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.83 billion in April, 12.8 percent more than in April 2021. The majority of April sales tax revenue is based on sales made in March and remitted to the agency in April.
Sales Tax

Comptroller distributes $867M in monthly sales tax revenue

Body AUSTIN—Texas Comptroller Glenn Hegar announced earlier this month that he would send cities, counties, transit systems, and special-purpose taxing districts $866.5 million in local sales tax allocations for April, 27.9 percent more than in April 2021.
Sales Tax
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