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Oil & Gas Report

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OIL & GAS REPORT

Week of May 22-28, 2023

Intents to Drill O

LIPSCOMB (WILDCAT) Upland Exploration, LLC, #1H The Quiet Man 105/107, (435.76 acres) 808’ FNL & 294’ FWL, Sec 104, Blk 2, OK Scrip Surv, A-1460, 6.5 mi NE from Higgins TD 9000’, (BHL: 165’ FNL & 481’ FEL Sec 107, Blk 2, OK Scrip A-1517) (sgd. Bill Spencer 512-918-1062, x2) Horizontal

Weekly Intents to Drill, Gas & Oil Completions

Oil & Gas Report

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Week of May 15-21, 2023

Intents to Drill

WHEELER (BUFFALO WALLOW, Granite Wash) EHVI Exploration, LLC, #1H Elmore 33-7, (980 acres) 350’ FSL & 2000’ FEL, Sec 20, Blk RE, Roberts & Eddleman Surv, A-503, 1.5 mi SW from Allison TD 15000’, (BHL: 200’ FSL & 2000’ FEL Sec 7, Blk E, G W Jacobs Surv, A-8448) (sgd. Mark Henkhaus 432-894-1857) Horizontal Amended

Weekly Intents to Drill, Gas & Oil Completions

TxDOT announces plans for additional work on US 60/83 here

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TxDOT Safety Orange has returned to Canadian in abundance this week, with the long-anticipated start of the US 60 Highway Improvement Project, which extends from Birch Street on the south edge of town to the intersection with Main Street in the center of downtown.

TxDot Safety Orange warns motorists of new construction zone

Sales Tax Holidays for Water-Efficient and ENERGY STAR® Products Set for May 27-29

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(AUSTIN) — Texas Comptroller Glenn Hegar is reminding families and businesses that they can save on the purchase of certain water- and energy-efficient products during the state’s Water-Efficient Products and ENERGY STAR® sales tax holidays.

The holidays, created by the Texas Legislature, both take place Saturday, May 27, through Monday, May 29. The Texas Comptroller's office estimates shoppers will save $14.3 million in state and local sales tax.

Sales Tax Holiday

County Judge Lisa Johnson rescinds outdoor burn ban

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A countyside outdoor burn ban first enacted by Hemphill County Commissioners on April 10, 2023, has been rescinded. Judge Lisa Johnson has determined that due to plentiful rainfall over the last few days, the circumstances that required the order no longer exist. The order rescinding the burn ban was effective as of 10:30 am on Monday, May 15, 2023.

Order rescinding outdoor burn ban

OIL & GAS REPORT

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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

Weekly Drilling Intents & Completions

US Highway 60 Improvement Project begins here this week

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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.

Roadwork ahead

Texas Oil and Gas Production Statistics for February 2023

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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.

Comptroller Distributes $1.2 Billion in Monthly Sales Tax Revenue to Local Governments

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(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.

May Sales Tax Report Graph
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