May 1, 2020 archive

Completion reports for May 1, 2020

Completion reports filed on May 1, 2020. KAY COUNTY K3 Oil & Gas Operating Company Mississippian(3212): Oil 20 Pump 29 29N 4E Bowling Ranch 15-29, January 20, 2020 SH, OIL, TD: 3450 ft Lat: 36.95880, Long: -96.89083 API: 35071249070001 MAJOR COUNTY Fairway Resources Operating Iii Llc Mississippi Lime(7001): Oil 102 Gas 905 Water 2270 Pump 19 22N 14W Edna Mae 1-18h, August 10, 2019 …

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Permits to drill for May 1, 2020

Permits to drill issued on May 1, 2020. Creek County CECIL STUART #1, May 01 2020 21 16N 10E NESWSWNW API: 03729450 Lat: 35.85119959817424, Long: -96.26151258138829 WEINS HORTON L SH, DR, 3650 ft, LAYTON(1075), SKINNER(2030), RED FORK 404RDFK 2230 8 MISENER(3330), BARTLESVILLE(2440), DUTCHER(2850), BURGESS(2950), MISSISSIPPI(2990)

State seeks public input on Clean Water Fund

  The Oklahoma Water Resources Board and the State Department of Environmental Quality will hold a joint meeting in June to hear input on the 2021 Clean Water State Resolving Fund and the Drinking Water State Revolving Fund. A draft of the plan is available prior to the June 2 meeting where the two boards …

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Oklahoma’s rig count slides down to 15

The numbers are startling and reflect what’s happened to the oil and gas industry in Oklahoma and the rest of the U.S. as oil and gas are stockpiled in storage with drillers hoping for a dramatic change in the crisis. Oklahoma has only 15 working rigs as of this week after the count fell by …

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Oil ended Friday only cents away from $20 a barrel

After seeing jumps of more than 20 percent in successive days this week, U.S. oil prices settled up 5 percent on Friday. West Texas Intermediate ended the day at $19.78 a barrel, an increase of 94 cents since Thursday’s close on the New York Mercantile Exchange. International benchmark Brent crude rose only 12 cents and …

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Oil and gas industry could benefit from new Main Street lending program

  The Federal Reserve announced an expansion of the size and scope of businesses that will be eligible for its “Main Street” emergency lending program. Though broad and not specifically intended for the oil and gas industry, the changes could benefit several of the industry’s heavily indebted small- to medium-size companies including some in Oklahoma …

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Energy news in brief

** ConocoPhillips Alaska announces plans to cut North Slope production by about 100,000 barrels per day in June. ** ExxonMobil Corp  posted a surprise first quarter loss Friday amid an historic decline in global crude prices and said it would slash spending by $10 billion in order to protect its dividend and balance sheet. ** An Iowa congresswoman co-sponsors a …

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Environmental groups fight gas pipeline in SE New Mexico

  A coalition of environmental organizations challenged the federal government’s approval of a 135-mile natural gas pipeline project in Eddy County, citing regulators’ lack of analysis of the project’s impact on climate change and greenhouse gas emissions. The Carlsbad Current Argus reported the Federal Energy Regulatory Commission (FERC) issued an environmental assessment (EA) in March, finding …

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Army Corps’ pipeline approval program suspended

 The U.S. Army Corps of Engineers has suspended a nationwide program used to approve oil and gas pipelines, power lines and other utility work, spurred by a court ruling that industry representatives warn could slow or halt numerous infrastructure projects over environmental concerns reported the Associated Press. The directive from Army Corps headquarters, detailed in …

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Frac sand mining operations suffer in oil and gas crisis

The nation’s wrecked oil and gas industry has left another frac sand plant closed and its 55 workers losing their jobs, something that has happened to Oklahoma’s frac mining operations. The latest closure was in Wisconsin where Smart Sand Inc. laid off the dozens of workers and blamed the combination of COVID-19 and the oil …

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