Oil and gas lease sale draws high interest in Texas
Demand for state lands in the Permian Basin surges as University Lands reports a 50 percent rise in acres nominated for the upcoming sale after strong prices. Executive Director Steve Hartman expects a robust auction likely to match or exceed prior proceeds and Texas Land Commissioner Jerry Patterson will attend the 107th lease sale.
MENTIONED IN THIS ARTICLE
Permian Basin
University Lands West
Texas Operations
University Lands
Steve Hartman
Hartman
Texas Land
Jerry Patterson
107Th University Lands
University Lands West Texas Operations Overview
Since the 1920s the Permanent University Fund has secured over 3 billion dollars from oil and gas lease bonuses rentals and royalties. The University of Texas and Texas A M systems rely on fund interest income for various programs while University Lands West Texas Operations administers 2.1 million acres mainly in the Permian Basin.
MENTIONED IN THIS ARTICLE
Permanent University Fund
University of Texas
Texas A&m Systems
University Lands West Texas Operations
Permian Basin
Cornyn pushes Social Security changes in Midland town meeting
Texas Senator John Cornyn told about 50 residents at the Center for Energy and Economic Diversification that Social Security’s finances worsen with delay. He warned 55 plus retirees are safe now but by 2040 the fund faces negative cash flow and near bankruptcy amid fewer workers and trust-fund borrowing.
MENTIONED IN THIS ARTICLE
Mark Sterkel
Odessa
U.S
John Cornyn
Texas
Center For Energy and Economic Diversification
Fitch
Midland County
George W. Bush
Cornyn
Social Security Trust Fund
Narcotics officers in West Odessa shoot suspect in bar-area case
A 31-year-old Denver City man, Dale Edward Crider, remained in critical condition after being shot twice in a scuffle with a West Odessa narcotics task force officer. Crider suffered gunshot wounds to the head and thigh and was in the Medical Center Hospital ICU. The officer was treated and released. the sheriff and Texas Rangers guidance were sought for investigation.
MENTIONED IN THIS ARTICLE
West Odessa
Denver City
Dale Edward Crider
Medical Center Hospital
Crider
MCH
Texas Rangers
Jess Malone
Mark Donaldson
West
Court considers renewed hearing in Schiavo case
A federal appeals court granted a petition by Terri Schiavo's parents for a new hearing on reconnecting her feeding tube. The 11th Circuit moves to review trial history and seeks a potential new trial while Schiavo remains on no nourishment on day 12.
MENTIONED IN THIS ARTICLE
Schiavo
Federal Appeals Court
Atlanta
Terri Schiavo
Lth
U.S
Circuit Court of Appeals
Schindlers
District Court
Florida
Bob Schindler
Schindler
Ily
Michael
Congress
Debora Paddock
Tampa
Fla
Also Mentioned on This Page
Social Security IN
America
Linda Fitch
THE
Associated Press
Freedom Owl. Inc
OPEC
First Baptist Church
Gaoa
Oalife
Oaoa
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