Chairman Craddick Highlights Railroad Commission Progress for PBPA

Previews RRC Priorities for Next Year Texas Insider Report: AUSTIN Texas (MIDLAND) - Railroad Commission Chairman Christi Craddick today joined members of the Permian Basin Petroleum Association (PBPA) at their 55^th annual meeting in Midland to provide an update on current Railroad Commission initiatives and the agencys plans for the upcoming year.

I am so proud of the remarkable progress of our states energy industry in oil and gas production particularly right here in the heart of the Permian Basin Craddick said. The strides you are making are keeping Texas on top leading the nation in innovative strategies for energy development and critical issues like conserving freshwater. Im especially proud of the Commissions role in this effort by prioritizing efficiency and transparency and ensuring common sense regulation that allows the industry to thrive through safe responsible energy production Craddick said. To build on our progress next year we are focusing on rule revisions and efficiency improvements measures to retain and attract expert staff as well as work with the legislature on a better funding structure for the agency. We look forward to your feedback as we begin these important projects.

PBPA is the largest regional oil and gas association in the U.S. with over 1000 members spanning across the nations most prolific oil field.