Business

Texas RRC reports July drilling permits, completion stats

AUSTIN—The Texas Railroad Commission issued a total of 779 original drilling permits in July 2021 compared to 351 in July 2020. The July 2021 total includes 672 permits to drill new oil or gas wells, 11 to re-enter plugged well bores, and 83 for recompletions of existing well bores.
Oil Rig

Business Briefs

CANYON—Companies looking for West Texas A&M University student employees can recruit them on campus at an upcoming event. WT’s Back-to-School Job Fair will run from 10:30 am to 1:30 pm on Aug. 26 at the Charles K. and Barbara Kerr Vaughan Pedestrian Mall in the center of the Canyon campus.
Business Briefs

Texas Drilling Permits and Completions Statistics for June 2021

AUSTIN—The Texas Railroad Commission issued a total of 739 original drilling permits in June 2021, compared to 312 in June 2020. The June 2021 total includes 638 permits to drill new oil or gas wells, seven to reenter plugged well bores, and 84 for recompletions of existing well bores.
Oil & Gas

City Sales & Use Tax Comparison Summary

AUSTIN—Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems, and specialpurpose taxing districts $893.2 million in local sales tax allocations for July, 20 percent more than in July 2020.
Sales Tax

Texas has a fever. It’s not the pandemic. It’s land.

COLLEGE STATION—“A feverish demand for land, accompanied by a dearth of listings for sale, propelled Texas prices up a remarkable 16.29 percent in the second quarter,” says Dr. Charles Gilliland, a land expert for the Texas Real Estate Research Center (TRERC) at Texas A&M University.
Texas Land
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