Business

PORTALES, N.M.—The Sagamore Wind Project, one of the largest wind farms ever built in New Mexico, is now complete and is expected to save Xcel Energy’s New Mexico and Texas customers $110 million annually in generating fuel costs by using the free and abundant wind of Roosevelt County, New Mexico,...

HOUSTON—Maverick Natural Resources LLC announced last week that it had acquired FourPoint Energy LLC, the largest producer in the Western Anadarko Basin.

Texas Comptroller Glenn Hegar announced this week he will send cities, counties, transit systems and special purpose taxing districts $790.3 million in local sales tax allocations for December, 3.7 percent less than in December 2019.

Farmers and ranchers across the Lone Star State will meet in Waco on Dec. 5 as part of the 87th Annual meeting of the Texas Farm Bureau (TFB), the state’s largest general farm and ranch organization. TFB delegates will meet in Waco to determine official policy positions of the organization.

AUSTIN—Texas Comptroller Glenn Hegar today said state sales-tax revenue totaled $2.98 billion in November, 6.3 percent less than in November 2019. The majority of November sales tax revenue is based on sales made in October and remitted to the agency in November.

AUSTIN—Crude-oil and natural-gas production as reported to the Railroad Commission of Texas for September 2020 came from 168,740 oil wells and 84,707 gas wells.

WACO—A traditional, Texas-style Thanksgiving dinner for 10 will cost $44.21, down $3.80, according to the special Texas Farm Bureau (TFB) Thanksgiving Meal Report. The survey records the cost of 10 holiday staples—including turkey, stuffing, sweet potatoes, cranberry sauce, and pecan pie.

AUSTIN—Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $890.5 million in local sales tax allocations for November, 4.8 percent more than in November 2019.

AUSTIN—The Texas Railroad Commission (RRC) issued a total of 395 original drilling permits in October 2020, compared to 971 in October 2019.

AUSTIN—Commissioners for the Railroad Commission of Texas took a critical step on Wednesday, Nov. 4 toward further reducing flaring from oil and gas sites in the state.