Business

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

(AUSTIN) — With the severe weather season upon us, Texas Comptroller Glenn Hegar reminds Texans they can purchase certain items tax-free during the state’s sales tax holiday for emergency preparation supplies, which begins at 12:01 a.m. on Saturday, April 22, and ends at midnight on Monday, April 24.

The Canadian Chamber of Commerce will hold a City Wide Garage Sale this Saturday, April 15, 2023. Maps are available at The Chamber of Commerce Office and also in the silver mailbox located at the front door of the Chamber building. Thirteen garage sale sites are illustrated on the map. For more information, call the Chamber at 806.323.6234.

AUSTIN – The Railroad Commission of Texas issued a total of 1,052 original drilling permits in March 2023. The total includes 922 to drill new oil or gas wells, 10 to re-enter plugged wellbores and 107 for re-completions of existing wellbores.

The breakdown of well types for total original drilling permits in March 2023 is: 272 oil, 55 gas, 672 oil and gas, 42 injection, one service, and 10 other permits.

(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose districts $977.2 million in local sales tax allocations for April, 12.8 percent more than in April 2022.

These allocations are based on sales made in February by businesses that report tax monthly.