1. There were 514 active oil and gas rigs in Texas for the week that ended Feb. 1, down three rigs from the week prior. That marks a continuation of a downward trend that started Jan. 11, according to the Baker Hughes, a GE Company, rig count. The total U.S. rig count fell to 1,045 as of Feb. 1, down from 1,059 during the prior week, according to the BHGE data.
2. Companies are expected to grab at least $604.63 million in Texas tax incentives under the Texas Economic Development Act in 2019, according…
