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The OGCC website had some updates completed to help improve accessibility. The new look was pushed out on January 2, 2025. If you experience any issues with the new launch, please let James Thum know.
The published in the Administrative Bulletin this past Wednesday. This will be submitted to the Senate Resources and Environment Committee and the House Resources and Conservation Committee in the 2025 Legislature. More information on the details of the meetings, rulemaking, and documents are posted on the rulemaking webpage at: https://ogcc.idaho.gov/rulemaking/docket-20-0702-2401-oil-gas/
November 2024 production reports submitted this week by Snake River Oil & Gas show production volumes again increasing slightly from the previous month. Daily gas production averaged 3.9 million cubic feet of gas per day (MMCFGD) and 76 barrels of condensate per day (BCPD) from six wells, all in the Harmon Field near Fruitland. On December 20, 2024 the department notified Snake River Oi & Gas that the extended Inactive period for the ML Investments #1-11 well in Willow Field had expired December 19th. SROG has until January 20, 2025 to respond. A Mechanical Integrity Test MIT) was performed on the well January 8, 2025 as requested by the Department.
2024 production: Another record-breaking year for Texas oil industry
Update on Washington I-2066:
Voter-approved natural gas measure snared in two lawsuits
(Note: here is the full text of Initiative Measure No. 2066)
Oil Price Report: Why are oil prices rising today?
NW Natural Gas (EIA)
$2.10 / million Btu 1/10/2025
(60% / $1.41 decrease since previous month)
NGL (EIA)
$7.19 / million Btu 10/31/2024
(13.6% / $0.86 increase since previous month)
WTI
$74.63 / bbl 12/5/2024
(8.4% / $5.82 increase since previous month)
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