Business

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BUSINESS BRIEFS

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Texas Drilling Permit and Completion Statistics for September 2023

AUSTIN – The Railroad Commission of Texas issued a total of 816 original drilling permits in September 2023. The total includes 709 to drill new oil or gas wells, 10 to re-enter plugged wellbores and 80 for re-completions of existing wellbores.

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Xcel Energy receives $100 million DOE grant to boost wildfire mitigation, grid resiliency

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MINNEAPOLIS (Oct. 18, 2023) – Xcel Energy today announced it has been selected for a $100 million award from the U.S. Department of Energy to boost its work to reduce and mitigate the threat of wildfires and ensure the resiliency of the grid through extreme weather.

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USDA’s Conservation Reserve Program pays more than $1.77 billion to producers

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WASHINGTON, Oct. 16, 2023 - The U.S. Department of Agriculture (USDA) has issued more than $1.77 billion this year to agricultural producers and landowners through its Conservation Reserve Program (CRP), a critical piece of the Department’s efforts to support climate-smart agriculture and forestry on working lands. Right now, CRP’s more than 667,000 participants received payments from USDA’s Farm Service Agency (FSA) for their voluntary conservation efforts on more than 23 million acres of private land.

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Comptroller Distributes $1.1 Billion in Monthly Sales Tax Revenue to Local Governments

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(AUSTIN) — Texas Comptroller Glenn Hegar announced this week he will send cities, counties, transit systems and special purpose districts $1.1 billion in local sales tax allocations for October, 4.5 percent more than in October 2022. These allocations are based on sales made in August by businesses that report tax monthly.

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OIL & GAS REPORT

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Week of October 2-8, 2023                                                                                                                                                                             

Intents to Drill

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OIL & GAS REPORT

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Week of September 25-October 1, 2023

Intents to Drill

MOORE (PANHANDLE, WEST) Scout Energy Management LLC, #S 51A Fee, (3840 acres) 993’ FNL & 1862’ FWL, Sec 51, Blk GM3, G&M Surv, A-444, 3.5 mi NW from Fritch TX TD 4000’ (sgd. Tonya Blanchard 972-782-4267) Vertical

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OIL & GAS REPORT

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Intents to Drill

None

Gas Completions

HEMPHILL (BUFFALO WALLOW, Granite Wash) Blackbeard Operating, LLC, #2H Meek 238, 18 mi SW from Canadian, Sec 238, Blk C, G&MMB&A Surv, A-606, spud 7-17-2011, compl 10-6-2011, tested 8-16-2023, potential 76 mcf, 3 bbls cond, 17 bbls wtr, 169# ftp, 640# SIWHP, TVD 10935’, MD 15725’ API 42-211-34890, Horizontal Recompletion Reclass Oil to Gas

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Panhandle Wildlife Conference Returns to Lubbock Oct. 20, 21

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LUBBOCK – The Texas Parks and Wildlife Department (TPWD), the Department of Natural Resources Management at Texas Tech University and the Texas Wildlife Association are hosting the Panhandle Wildlife Conference Oct. 20-21 at Texas Tech University’s National Ranching Heritage Center in Lubbock.

The conference will be the first of its kind since the 1990s and will explore the diverse landscape and wildlife of the Texas Panhandle, a region rich in both history and natural resources.

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OIL & GAS REPORT 

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Intents to Drill

DEAF SMITH (WILDCAT) Atmos  Energy, West Texas Division, #01 ATE264, (1 acres) 602’ FWL & 210’ FSL, Sec 38, Blk K3, SK&K Surv, A-823, 3 mi SW from Hereford TX TD 530’ (sgd. Michelle Boillat 806-383-5047) Vertical Cathodic Protection Well