Business

Weekly Drilling Intents & Completions Report

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WEEK OF APRIL 3-9, 2023

Intents to Drill

HUTCHINSON (PANHANDLE, WEST) Scout Energy Management, LLC, #207 South Herring, (3780 acres) 2600’ FSL & 1300’ FEL, Sec 7, Blk J, H&GN RR Surv, A-44, 12 mi SW from Pringle TD 3000’, (sgd

Gas Completions

Oil & Gas

Texas Soil and Water Stewardship Week showcases the significance of watersheds

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TEMPLE – The Texas State Soil and Water Conservation Board (TSSWCB) and the Association of Texas Soil and Water Conservation Districts are joining organizations across the state in a campaign to highlight the importance of voluntary land stewardship in Texas. Soil and Water Stewardship Week is April 30 through May 7, 2023, and the focus this year is “One Water.”

Comptroller advises Texas Businesses: April 17 is Deadline for Filing Property Tax Renditions

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(AUSTIN) — Texas Comptroller Glenn Hegar reminds business owners that April 17 is the deadline to file property tax renditions with their county appraisal districts. Different deadlines apply for certain regulated property.

A rendition is a list of the taxable inventory, furniture and fixtures, machinery, equipment and other property owned or managed as of Jan. 1 each year. The appraisal district may use the information to set property values.

Texas Oil and Gas Production Statistics for January 2023

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AUSTIN––Statewide and county crude oil and natural gas production for January 2023 reported in the tables below came from 160,420 oil wells and 84,146 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.

USDA announces additional assistance for distressed farmers facing financial risk 

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WASHINGTON—The U.S. Department of Agriculture (USDA) this week announced that beginning in April it will provide approximately $123 million in additional, automatic financial assistance for qualifying farm loan program borrowers who are facing financial risk, as part of the $3.1 billion to help distressed farm loan borrowers that was provided through Section 22006 of the Inflation Reduction Act (IRA). The announcement builds on financial assistance offered to borrowers through the same program in October 2022.

Wheat

The big picture for beef and an appearance by Duck Commander

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The 2023 Capital Farm Credit Hemphill County Texas A&M AgriLife Beef Conference is centered on numbers. Scheduled for Tuesday and Wednesday, April 25-26, with the theme, “It’s All About the Numbers,” the event will feature 15 speakers in all, a sold-out trade show, and even more corporate sponsors.

The Duck Commander Willie Robertson, keynote speaker

Numbers talk at April Beef Conference here

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Numbers run the world of business, and the ag industry is no exception to that rule. This week, we look at five more speakers who will expand on “It’s All About the Numbers,” the theme for this year’s Capital Farm Credit Hemphill County Texas A&M AgriLife Beef Conference. The event is scheduled for Tuesday and Wednesday, April 25-26.

Economist Daniel Basse
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