OGCC Secretary Update

Mick Thomas

Division Administrator – Minerals, Public Trust, and Oil & Gas

Secretary to the Oil & Gas Conservation Commission

This update was sent to the Commission on Saturday, October 31.

Current Items:
Application for Permit to Drill
News Article(s) of Interest
Current Prices

Application for Permit to Drill
At the October 20, 2020 regular meeting, the OGCC voted to grant the Application for Permit to Drill, Barlow #2-14. The meeting video and Final Order can be found on the Well Permit Applications page.

2020 Inspections
The field has been shut in since early spring. Final 2020 inspections will be completed in November.

News Article(s) of Interest
Officials approve the construction of 12 small nuclear reactors to be built in Boise. The intended use is for repurposing coal plants in the Northwest. (Nuclear energy provides carbon free baseload that Wind/Solar cannot provide.)

Army Corps wetland database needs updated but is still being used.
see attached pdf: E&E WOTUS wetland data

Shipping LNG from Rocky Mountain States to China is revisited.
see attached pdf: natural gas

Current Prices
(Colors indicate spot price change since last update. Green indicates increase. Red indicates decrease.)

Utah Sweet Crude $26.87 bbl. 10/29/20
WTI $35.72 bbl. 10/30/20
Natural Gas $3.06 mmbtu. 10/28/20
NGL $5.15 mmbtu. 10/28/20