Commissioner Bush spent several years working as an entrepreneur in the Texas oil and gas business. He wants Texas to remain the energy capital of the world because he knows Texas energy companies create thousands of jobs each year. Many of those jobs are tied to drilling on Permanent School Fund lands managed by the GLO.
ONLINE ENERGY SALES
Commissioner Bush had energy lease sales placed online for the first time, making the bidding process more efficient and ensuring that Texas schoolchildren get the most out of the Permanent School Fund’s assets. Online bidding makes it easy for interested oil and gas companies worldwide to make their best bids on mineral rights overseen by the GLO.
Oil & Gas Well Inventory
Commissioner Bush directed staff to automate generation of the GLO’s Oil and Gas Well Inventory. This database is critical to the GLO's oil and gas leasing function, the primary revenue driver of the Permanent School Fund. Maintaining it manually requires time-consuming updates by GLO staff. Automating the Well Inventory process improved its accuracy, significantly reduced staff time needed to input data, and allowed staff to access the data more frequently.
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