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 9.

October 2021 Secretary Update

Current Items:
Field Status
Fallon #1-11 APD approved
Injection Well Update
News Article(s) of Interest
Current Prices

Field Status
The Departments oil and gas inspector was on site this past weekend and early week for the drilling of the Barlow 2-14. The report is being compiled and will be available soon. Last update was that the BOP was being installed, and the rig will be moving to the Fallon 1-11 well within the next 10-14 days.

Fallon #1-11 APD approved
The Fallon #1-11 APD was approved on October 2, 2021. The approval and permit can be found on the well file page:

Injection Well Update
The EPA and State of Idaho are in communication regarding appropriate responsibility for the produced water pipeline from the DJS 2-14 to the Little Willow facility. We will keep the commission up to date as this is resolved.

News Article(s) of Interest
Storing energy from renewables – hydrogen hubs planned for Idaho and other western states
Mitsubishi Power to Build Hydrogen Infrastructure Across US West, other Regions: CFO – World-Energy

Bureau of Land Management headquarters to return to D.C., reversing Trump decision

Boise to reach 100% clean electricity goal by 2033 thanks to existing hydroelectric and geothermal generation combined with the sale of renewable energy credits to reduce rates

Natural gas continues to be a vital bridge fuel towards renewables

Gasoline prices in Idaho remained high after Labor Day as a result of hurricane Ida
Annual gas price drop delayed by Ida (kmvt.com)

Current Prices

Utah Sweet Crude $69.00 bbl. 10/07/21 (~$10.00 increase since last month)
WTI $79.50 bbl. 10/08/21 (~$10.00 increase since last month)
Natural Gas $5.95 mmbtu. 10/06/21 (~$1.00 increase since last month)
NGL $12.36 mmbtu. 10/06/21 (~$2.00 increase since last month)

(green indicates prices increase since last update, red indicates decline)