May 8, 2020 archive

Completion reports for May 8, 2020

Completion reports filed on May 8, 2020. BLAINE COUNTY Paloma Operating Co Inc Mississippian: Oil 627 Gas 816 Water 78 Flow 29 15N 10W Hammerhead 20-15n-10w 3mh, August 20, 2019 HH, OIL, TD: 16227 ft Lat: 35.75329, Long: -98.29443 API: 35011240990001 CARTER COUNTY Mack Energy Co Deese: Oil 1 Water 230 Pump 6 2S 2W Sw Wildcat Jim Deese Unit 7-1, March 05, 2020 SH, …

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Permits to drill for May 8, 2020

Permits to drill issued on May 8, 2020. Kingfisher County GARMS 1708 #1-SWD, May 08 2020 11 17N 8W SWSWSWSE API: 07326701 Lat: 35.95696856834545, Long: -98.0223401159441 OVINTIV MID-CONTINENT INC. SH, DR, 9490 ft, VIOLA(8925), BROMIDE DENSE(8980), BROMIDE LOW(9175) Kingfisher County VAVERKA SWD AKA HWY 51 SWD #1, May 07 2020 23 19N 6W SWNWNWNW API: 07326700 Lat: …

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Gov. Stitt finds himself in a corn fight over biofuels

  A bipartisan group of senators called on the president to reject a previous request for Renewable Fuel Standard waivers from five oil-state governors, reported POLITICO. It means Oklahoma Governor Kevin Stitt finds himself in a political fight with Senators who are from mostly corn-producing states that rely heavily on the production of biofuels. “Waiving the RFS …

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Energy news in brief

**  Great River Energy will close a major coal plant in North Dakota several years early as it grows too costly to run while adding 1,100 MW of wind to its portfolio. As part of its coal transition, Great River Energy will repower a 99 MW coal plant in North Dakota to run on natural gas.  North Dakota coal advocates raise concerns about …

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Oklahoma down to only 13 active rigs…US count drops by 34

  The number of active rigs in Oklahoma and the rest of the U.S. dropped even further in the past week, leaving only 13 drilling for new energy in Oklahoma and 374 nationally. Baker Hughes Co. reported Oklahoma suffered the loss of two more rigs leaving 13 actively drilling compared to 102 a year ago. …

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Regulator says emergency shut-in order was wrong

Oklahoma Corporation Commissioner Bob Anthony is now speaking publicly for the first time since he voted last month against allowing a Tulsa oil company to shut-in its oil production because of the COVIS-19 outbreak and the following oil crisis. In a filing on Friday, Commissioner Anthony formally issued his dissent statement, saying the emergency order …

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Layoffs hit beer distributor in Oklahoma

The oil crisis combined with the coronavirus pandemic has resulted in the layoff of more workers in Oklahoma. The impact has reached a beverage company in Oklahoma City and Muskogee where up to 75 workers were laid off this week. A & B Beverage Company, LLC, a family-owned business located at 5500 W. Reno,Suite 200 …

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Air travel to dwindle in the future in Oklahoma?

If one investment expert’s prediction is correct, we won’t see as many jetliners flying in and out of Oklahoma City’s Will Rogers World Airport nor the Tulsa International Airport for sometime to come. If anything, instead of national travel, business leaders will be resorting to the fast-growing Zoom video-conferencing tool. It’s the prediction and analytical …

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Pipeline operator Enbridge reports $1.4 billion in losses

  The combination of the coronavirus pandemic and the oil crisis left Canadian pipeline operator Enbridge Inc. with a first quarter loss of at least $1.4 billion but its total was $4 billion that included charges related to investments and derivative losses. It means losses for Oklahoma too. It’s a loss that affects Oklahoma because …

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