Business

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Texas Oil and Gas Production Statistics for September 2023

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AUSTIN –– Statewide and county crude oil and natural gas production for September 2023 reported in the tables below came from 161,716 oil wells and 86,527 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. For full oil and gas production statistics, you can visit the links below.

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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 today he will send cities, counties, transit systems and special purpose districts $1.1 billion in local sales tax allocations for December, 2.5 percent more than in December 2022. These allocations are based on sales made in October by businesses that report tax monthly.

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OIL & GAS REPORT

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Intents to Drill

HEMPHILL (LIPSCOMB, S.E., Cleveland) Mewbourne Oil Company, #C001lP Urschel 49/3, (1941.55 acres) 2540’ FSL & 1320’ FEL, Sec 49, Blk 1, G&M Surv, A-479, 8 mi NE from Canadian TD 9279’, (BHL: 330’ FSL & 1000’ FEL Sec 3,TT RR Surv, A-429) (sgd. Jana Cates 806-352-7520, x1625) Horizontal

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Texas Comptroller announces transfer of $8.5 billion to State Highway and Rainy Day Funds

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AUSTIN—Texas Comptroller Glenn Hegar announced today he has completed the transfer of about $3.06 billion into the State Highway Fund (SHF) and $5.46 billion to the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). The Rainy Day Fund, which normally receives the same amount as the SHF, received $2.41 billion more because of the general revenue (GR) surplus at the end of fiscal 2023.

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Oil & Gas Report: Weekly Drilling Intents & Completions

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Intents to Drill

None

Gas Completions

ROBERTS (ST. CLAIR, Granite Wash) Texakoma E & P, LLC, #409 McMordie, 15 mi NW from Miami, Sec 9, Blk A2, EL&RR RR Surv, A-455, spud 1-22-2022 compl 9-16-2022, tested 10-24-2023, potential 448 mcf, 5 bbls cond, 3 bbls wtr, 80# ftp, 190# SIWHP, TVD 9750’, PBD 9963’ API 42-393-32745, Vertical Reclass Oil to Gas

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OIL & GAS REPORT

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Intents to Drill

OCHILTREE (PAN PETRO, Cleveland) Mewbourne Oil Company, #C001IP LaMaster-Davis 207/146 A, (1280 acres) 2180’ FNL & 1115’ FEL, Sec 207, Blk 43, H&TC RR Surv, A-155, 24 mi SE from Perryton TX TD 8321’, (BHL: 330’ FSL & 1320’ FEL, Sec 146, Blk 43, H&TC, A-1025) (sgd. Jana Cates 806-352-7520, x1625) Horizontal

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OIL & GAS REPORT

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Intents to Drill

OCHILTREE (FARNSWORTH, N., K.C.-Marmaton; WILDCAT) Carson Buckles Exploration LLC, #1 Janetta, (160 acres) 2383’ FSL & 380’ FWL, Sec 10, Blk 12, H&GN RR Surv, A-1347, 3 mi NE from Farnsworth TX TD 10100’, (BHL: 2166’ FSL & 467’ FWL, Sec 10, Blk 12, H&GN, A-1347) (sgd. Carson Buckles 806-570-9628) Directional Amended

Gas Completions

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Texas RRC reports October '23 drilling permit, completion stats

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AUSTIN – The Railroad Commission of Texas issued a total of 700 original drilling permits in October 2023. The total includes 630 to drill new oil or gas wells, seven to re-enter plugged wellbores and 50 for re-completions of existing wellbores.

The breakdown of well types for total original drilling permits in October 2023 is  127 oil, 49 gas, 482 oil and gas, 32 injection, four service, and six other permits.