March 30, 2020 archive

Completion reports for March 30, 2020

Completion reports filed on March 30, 2020. BLAINE COUNTY Devon Energy Production Co Lp Mississippi Solid/ Mississippian: Oil 1063 Gas 2912 Water 141 Flow 11 15N 10W Pickaroon 11_2-15n-10w 3hx, September 05, 2019 HH, OIL, TD: 20160 ft Lat: 35.78410, Long: -98.23740 API: 35011241870000 Devon Energy Production Co Lp Mississippi Solid/ Mississippian: Oil 664 Gas 2459 Water 754 Flow 11 15N 10W Pickaroon 11_2-15n-10w 2hx, September …

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Permits to drill for March 30, 2020

Permits to drill issued on March 30, 2020. Kingfisher County STOWEY 1907 #11-1LOH, March 27 2020 14 19N 7W NENENENW API: 07325671 Lat: 36.130516818869495, Long: -97.91722553073197 CHISHOLM OIL & GAS OPERATING LLC HH, DP, 12752 ft, MISSISSIPPI LIME(6960), WOODFORD(7448)

Petroleum Alliance Supports Investigation of Russia, Saudi Arabia

  The Petroleum Alliance of Oklahoma announced it supports U.S. Sen. Jim Inhofe’s call for a federal investigation into attempts to artificially lower crude oil prices to harm American businesses. Inhofe requested U.S. Commerce Secretary Wilbur Ross launch an investigation against the Kingdom of Saudi Arabia and the Russian Federation under Section 232 of the …

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Energy news in brief

  ** Sens. Kevin Cramer (N.D.) and Dan Sullivan (Alaska) introduced legislation, S. 3572 (116), last week to remove U.S. armed forces from Saudi Arabia in a bid to pressure the nation to halt its price war with Russia. ** EPA said it would push a May 1 deadline for fuel terminals to stop selling winter-grade gasoline to retailers until May 20 …

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99-cent gasoline hits Oklahoma City–$20 oil too

  Gasoline prices in Oklahoma City have dropped to 99 cents a gallon as oil prices remain in the low $20s and the coronavirus pandemic and resulting stay-at-home orders have left motorists off the highways and streets. It came as oil dropped to  barely above the $20 a barrel level. The 99-cent a gallon for …

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County in New Mexico becomes nation’s top oil/gas producer

  The latest numbers show Lea County, New Mexico is now the number one oil and gas producer in the U.S. Situated in the western part of the Permian Basin, the county overcame McKenzie County, North Dakota for the honor. “Lea County is now officially the No. 1 oil and gas producer in the U.S.,” …

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Storing jet fuel at sea?

Major oil companies including BP and Shell are preparing to take the rare step of storing jet fuel at sea as the coronavirus outbreak disrupts airline activity globally, while refiners are shifting to diesel because of the poor margins associated with jet fuel production. Jet fuel demand has cratered as airlines suspend flights due to …

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Enable Midstream wins FERC approval of rate case

Oklahoma City-based Enable Midstream Partners, LP announced  that Enable Mississippi River Transmission, LLC received approval from the Federal Energy Regulatory Commission of its uncontested rate case settlements with customers. The settlements establish rates for services on the MRT system that provide a return on MRT’s historical investments, recovery of the pipeline’s ongoing operating costs and …

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Williams pledges $1 million toward coronavirus recovery

Tulsa’s Williams  announced that The Williams Foundation has pledged $1 million to provide community support during what it calls “this unprecedented time of financial volatility and global health concern.” “Not only does the coronavirus pandemic continue to create disruption in our communities, but we are also closely monitoring the collapse in oil prices and the …

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Unit Corporation backs out of note exchange offer

Tulsa’s Unit Corporation has decided to void its $300 million note exchange offer that had been announced earlier in the year. In a weekend announcement, the company said it had terminated the offer to exchange any and all of its outstanding 6.625% Senior Subordinated notes due 2021. The company said that since the exchange offer …

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