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OIL & GAS REPORT

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Intents to Drill

MOORE (PANHANDLE, West) Scout Energy Management, LLC, #6 Munson, (640 acres) 1976’ FNL & 330’ FEL, Sec 9, Blk 3T, T&NO RR Surv, A-650, 15 mi SE from Sunray TX TD 3704’, (sgd. Tonya Blanchard 972-782-4267) Vertical Reclass

Gas Completions

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Chronic Wasting Disease is a real threat to Texas deer

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AUSTIN — This year, hunters in Texas will notice an increase in messaging about Chronic Wasting Disease (CWD) and its impacts to the state as the Texas Parks and Wildlife Department (TPWD) launches a new public awareness campaign.

The campaign aims to share information with hunters and the public about how they can help protect Texas deer and stop the spread of this deadly disease.

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Comptroller Glenn Hegar 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 July, 7.5 percent more than in July 2022.

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

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Successful state legislative session for ag, Farm Bureau

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Texas lawmakers approved several bills during the 88th legislative session that will impact farmers, ranchers and rural Texans.

“This session was successful in strengthening our right to farm and ranch and passing additional liability protections for agriculture,” Texas Farm Bureau (TFB) President Russell Boening said. “It took all of our members working together as the voice of Texas agriculture this legislative session, and I’m proud of the work we did.”

Right to farm and ranch
One of TFB’s priority issues this session was the right to farm.

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USFWS seeks public input on proposed listing of dunes sagebrush lizard as endangered

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ALBUQUERQUE, N.M. – The U.S. Fish and Wildlife Service is seeking public input on a proposal to list the dunes sagebrush lizard as endangered under the Endangered Species Act. This determination also serves as the 12-month finding on a petition to list the lizard and satisfies a court ordered deadline to deliver the finding to the Federal Register by June 29, 2023. After a rigorous review of the best available scientific and commercial information, the Service finds that listing the species is warranted.

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Texas June '23 Drilling Permit and Completion Statistics

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AUSTIN-The Railroad Commission of Texas issued a total of 781 original drilling permits in June 2023. The total includes 694 to drill new oil or gas wells, 8 to re-enter plugged wellbores and 70 for re-completions of existing wellbores.

The breakdown of well types for total original drilling permits in June 2023 is: 166 oil, 58 gas, 501 oil and gas, 38 injection, 1 for service and 17 other permits.

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Hemphill County producers face Aug. 1 deadline to submit FSA County Committee nominations

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HEMPHILL COUNTY–Farmers and ranchers have until Aug. 1, 2023, to nominate candidates to serve on the Hemphill County Farm Service Agency (FSA) Committee. The U.S. Department of Agriculture (USDA) accepts nominations each year in certain Local Administrative Areas (LAAs) for individuals to serve on these locally led committees.

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State Sales Tax Revenue Totaled $3.9 Billion in June

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(AUSTIN) — Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.92 billion in June, 6.8 percent more than in June 2022. The majority of June sales tax revenue is based on sales made in May and remitted to the agency in June.

“The overall rate of sales tax revenue growth was in line with the rate of growth over the last three months,” Hegar said. “Growth in receipts from sectors principally driven by business spending continued to outpace that from consumer-oriented retail trade.

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Weekly Drilling Intents & Completions Report

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Intents to Drill

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Gas Completions

OCHILTREE (ALLEN-PARKER, Marmaton) King Operating Corporation, #2 Chunn 923V, 4.5 mi SE from Perryton, Sec 923, Blk 43, H&TC RR Surv, A-273, spud 9-14-2022, compl 3-3-2023, tested 3-5-2023, potential 49 mcf, 0 bbls cond, 0 bbls wtr,100# ftp, 840# SIWHP, TVD 8339’, PBD 6957’ API 42-357-33747, Vertical