Business

Week of May 8-14, 2023

Intents to Drill

SHERMAN (PALO DURO CREEK, Marmaton) Scout Energy Management, LLC, #6 Willclo, (588 acres) 467’ FNL & 1100’ FEL, Sec 15, Blk 3T, T&NO RR Surv, A-427, 25 mi SE from Stratford TD 6300’, (sgd. Tonya Blanchard 972-782-4267) Vertical Recompletion

Gas Completions

New signs installed by TxDOT last week advise area motorists that construction will begin tomorrow, Tuesday, May 16, on the long-awaited US 60 Highway Improvement Project. The project extends from Birch Street on the south edge of Canadian to the intersection with Main Street in the center of downtown.

AUSTIN – Crude oil and natural gas production as reported to the Railroad Commission of Texas (RRC) for February 2023 came from 160,103 oil wells and 87,153 gas wells.

Crude oil production reported by the RRC is limited to oil produced from oil leases and does not include condensate, which is reported separately by the RRC.

(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose districts $1.2 billion in local sales tax allocations for May, 4.3 percent more than in May 2022.

These allocations are based on sales made in March by businesses that report tax monthly and sales made in January, February and March by quarterly filers.

OIL & GAS REPORT                                                                                                                                                                &nbsp

(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $4.09 billion in April, 6.7 percent more than in April 2022. The majority of April sales tax revenue is based on sales made in March and remitted to the agency in April.

Intents to Drill

None

Gas Completions

GRAY (PANHANDLE, WEST) Pantera Energy Company, #8 Burke, 6 mi SE from White Deer, Sec 207, Blk B-2, H&GN RR Surv, A-, spud 9-29-1951, compl 3-18-2023, tested 3-24-2023, potential 13 mcf, 0 bbls cond, 0 bbls wtr, 6# ftp, 18# SIWHP, TVD 2920’, PBD n/s’ API 42-179-82592, Vertical Recompletion Reclass Oil to Gas

Gather with small-scale growers, ranchers, and community leaders around local food movements in the Texas Panhandle. Share a meal and learn.

The Red River Headwaters Local Food Summit is set for Thursday, May 11, in Pampa at the Pampa EDC Building Meeting Room, located at 200 Ballard Street in downtown Pampa, from 9:30 am to 3:45 pm.

Intents to Drill

HEMPHILL (BUFFALO WALLOW, Granite Wash) EHVI Exploration, LLC, #1H Harper 32-232, (1286.45 acres) 275’ FNL & 575’ FEL, Sec 32, Blk A2, H&GN RR Surv, A-1135, 15.5 mi S from Canadian TD 14000’, (BHL: 575’ FEL & 2600’ FSL Sec 232, Blk C, G&MMB&A, A-620) (sgd. Mark Henkhaus 432-894-1857) Horizontal