Completion reports filed on May 12, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Mississippian(12829): Gas 10646 Water 1098 Flow 9 12N 10W Jameson 2h-4-33, November 19, 2019 HH, GAS, TD: 23600 ft Lat: 35.53580, Long: -98.26822 API: 35017254980000 Urban Oil & Gas Group Llc Cottage Grove(8020): Oil 6 Water 156 Pump 31 14N 8W O U 2, September 06, 2018 SH, OIL, TD: 8120 …
May 12, 2020 archive
Permits to drill for May 12, 2020
Permits to drill issued on May 12, 2020. Grady County BILLY #0305 2HA-12, May 12 2020 01 3N 5W NESESESW API: 05124784 Lat: 34.754861202544404, Long: -97.67802696765195 OVINTIV MID-CONTINENT INC. HH, DR, 18577 ft, SPRINGER(13095) Oklahoma County JETSON 1304 08-17 #3BH, November 07 2019 08 13N 4W NWNWNWNE API: 10922484 Lat: 35.62293421922334, Long: -97.6467710243718 REVOLUTION RESOURCES LLC HH, …
US oil prices drop 2% while international prices increase
Oil prices in the U.S. took a nearly half-dollar hit in Tuesday’s trading as Western Texas Intermediate crude dropped 2%, settling at $25.31 for the day on the New York Mercantile Exchange. WTI fell 47 cents while Brent crude, the international benchmark gained 35 cents and finished at $29.98 a barrel. Natural gas prices fell …
Government intends to offer subsidy help to wind industry
No deadlines or dates were announced, but the Trump administration says it will give the wind industry more time to claim subsidies that were about to expire, a move announced because of the global coronavirus pandemic. The Treasury Department said it has agreed to change rules governing the key renewable energy tax credits, a win …
Thousands of wells are shut down in North Dakota
North Dakota’s newly created Bakken Restart Task Force reports 6,800 wells have been shut-in since the start of the pandemic and the oil crisis caused by Russia and Saudi Arabia’s dumping of crude oil on the world market. It’s a simple number—6,800 but consider the cost of restarting those wells when the time comes. …
Some drillers ignore shut-in movement and are reopening wells
In the middle of the growing debate about whether to shut-in producing wells voluntarily or by orders of state regulators, there is a report that some drillers are reopening the wells they shut down in response to the pandemic-driven price collapse. It’s the word from pipeline giant Energy Transfer LP, according to the Midland …
Clarification on request for oil to be declared “waste”
A correction to our story about Oklahoma Corporation Commissioners considering the requests to declare oil a “waste” and allow more widespread shut-ins of crude oil wells in the state. Devon Energy was one of those firms that opposed the request of the Oklahoma Energy Producers Alliance but it took no stand on the similar request …
Energy news in brief
** Saudi Arabia said Monday it will voluntarily cut another 1 million barrels per day from June output — on top of the agreement struck last month between OPEC and Russia to cut output by 9.7 million bpd for May and June . The announcement brings the Kingdom’s total production cut to about 4.8 million b/d. Following the …
Slight oil production reported from new wells in Oklahoma
With only 13 rigs active in the state, completion reports and permits to drill in Oklahoma are few and farm between. Only one permit to drill was given on Monday and it went to Staghorn Petroleum Inc. which intends to drill in Blaine County at a site 11 miles north of Watonga. The Slo-Poke …
State’s unemployment list grows amidst the pandemic
Joining oil and gas workers in the Oklahoma unemployment lines are employees of the Oklahoma City Convention and Visitors Bureau as well as those at Stage Stores in the State. Layoffs are due to the coronavirus pandemic. The Oklahoma Office of Workforce Development received notification that 8 workers at the Convention and Visitors Bureau were …
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