Mick Thomas

Division Administrator – Minerals, Navigable Waters, and Oil & Gas

Secretary to the Oil & Gas Conservation Commission

This update was sent to the Commission on Friday, November 4, 2022.

November 2022 Secretary Update

Current Items:

Injection Well Update
Monthly Production and Sales for August 2022
Docket No. CC-2022-OGR-01-002, Application for Integration
November 15, 2022 – Regular OGCC Meeting
Field Status
Interstate Oil and Gas Compact Commission Annual Conference
Current Prices

Injection Well Update
On November 3, 2022, the Environmental Protection Agency (EPA) issued a final Class II-Disposal Well Permit and Aquifer Exemption, ID-2D001-A, to Snake River Oil and Gas, LLC. This permit is for the DJS Properties #2-14 well which will be effective December 19, 2022 at 12:01AM. Please visit the Commission website for further information. https://ogcc.idaho.gov/epa-issues-class-ii-disposal-well-permit-and-aquifer-exemption-id-2d001-a-to-snake-river-oil-and-gas-llc/
The next step for the operator is to rework the well and bring it into compliance with the requirements set out in the permit. This will likely involve bringing in a work over rig as well as completing a number of test and logs of the wellbore. Depending on scheduling the well could be operational sometime in 2023.

Monthly Production and Sales for August 2022
The August 2022 monthly report is now available. Please see the Monthly and Annual Reports page for more information.
In the first four months of fiscal year 2023 the operator Snake River Oil and Gas has provided over $200,000 in total severance tax to the state of Idaho.

Docket No. CC-2022-OGR-01-002, Application for Integration
The Department held the hearing to determine “just and reasonable” factors on October 13, 2022. More information for this application and hearing can be found on the Docket No. CC-2022-OGR-01-002 hearing webpage. The hearing officer has 30 days to provide an order determining “just and reasonable” factors.

November 15, 2022 – Regular OGCC Meeting
The next regularly scheduled meeting of the OGCC will be held on Tuesday, November 15, 2022 @ 1:30pm (MT). More information can be found on the Commission Meetings page.

Field Status
The operator commenced drilling of the Barlow 3-14 earlier this week. James Thum was on site to witness and ensure operations were within guidelines.

Interstate Oil and Gas Compact Commission Annual Conference
The IOGCC held their national conference in Baltimore on October 16-18 2022. Major topics included ways for member states to standardize additional revenue streams for each state. These include carbon capture, helium recovery and storage, geothermal development, and liquid mineral recovery from existing and former hydrocarbon wells. I’m happy to discuss further if you would like.

Current Prices

Natural Gas (EIA)	$4.51 MMBtu.	11/02/22	(25.6% / $1.55 decrease since last month)
NGL (EIA)	$8.88 MMBtu.	11/02/22	(~1% / $0.02 decrease since last month)
Utah Sweet Crude	$78.37 bbl.	11/04/22	(~1% / $0.27 decrease since last month)
WTI	$98.13 bbl.	11/04/22	(5.8% / $5.69 decrease since last month)