June 24, 2020 archive

Completion reports for June 24, 2020

Completion reports filed on June 24, 2020. ELLIS COUNTY Fourpoint Energy Llc Cleveland(8521): Oil 516 Gas 1392 Water 1740 Pump 36 20N 26W Rock Creek 36×25-20-26 1ha, August 22, 2019 HH, OIL, TD: 17172 ft Lat: 36.15914, Long: -99.92951 API: 35045237920000 Fourpoint Energy Llc Cleveland(8584): Oil 381 Gas 1019 Water 550 Pump 36 20N 26W Rock Creek 36×25-20-26 2hb, August 23, 2019 HH, OIL, TD: 18380 …

Continue reading »

Permits to drill for June 24, 2020

Permits to drill issued on June 24, 2020. Cimarron County STATE OF OKLAHOMA E #3, June 24 2020 36 2N 9E CNWNW API: 02520639 Lat: 36.59346303289392, Long: -102.0480445891691 SELECT EXPLORATION GROUP LLC SH, RC, 5069 ft, TOPEKA(3404), MARMATON(4232), MORROW(4534) Custer County DORIS #2-12, June 24 2020 12 14N 18W CE2NWNE API: 03922281 Lat: 35.70913868646127, Long: -99.06319163038326 DUNCAN …

Continue reading »

Oil prices and oil stocks dropped in Wednesday’s trading

    Crude oil prices took a noise dive in Wednesday’s trading as crude in the US and London dropped more than 5%. It was a race to see who dropped the most—crude oil or the crude production companies. West Texas Intermediate crude July futures dropped $2.36 a barrel or nearly 6% before settling at …

Continue reading »

AEP appears to get support for its 3-wind farm project in Oklahoma

    It would appear that American Electric Power Co. Inc. is going to be successful in its $2 billion plan to distribute electrical power from three wind farms acquired in Oklahoma. American Electric Power Co. Inc., one of the nation’s largest utility companies and highest-profile emitters, is facing yet another multibillion-dollar test to see …

Continue reading »

$11 billion settlement by maker of Roundup weed killer

  While it’s unclear how it will impact the lawsuits filed by some Oklahomans, German pharmaceutical company Bayer said Wednesday it will pay up to $10.9 billion to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer. In a statement Wednesday, Bayer said it was also paying …

Continue reading »

Oklahoma joins pipeline fight and asks for Supreme Court intervention

  Oklahoma, Texas and Kansas are among the 18 states that contend it is “critical” for the Supreme Court to intervene in a circuit court case to allow an Army Corps of Engineers water crossing permits for new oil and gas pipelines. The states, led by West Virginia Attorney General Patrick Morrisey (R), said that …

Continue reading »

Oklahoma regulators decide prorationing is “not necessary”

  Oklahoma Corporation Commissioners on Wednesday decided the request made by an oil producers group for statewide prorationing of crude oil production would not be approved due to increased prices and was no longer necessary. Instead, the Commissioners, meeting in person at the agency’s headquarters voted 3-0 in a move in which they declared the …

Continue reading »

Senator Inhofe joins others in bill to help energy industry

  Oklahoma U.S. Sen. Jim Inhofe was one of those who joined Texas Republican Sen. John Cornyn this week in filing a bill to provide relief to the nation’s energy industry. He supported the SAVE Jobs Act, stating, “Right now, oil and gas is hurting in Oklahoma and, in a state where one in five jobs …

Continue reading »

Energy news in brief

** Mexico’s largest oil refinery, the Salina Cruz refinery, is offline after a fire broke out in the refinery following a 7.4 magnitude earthquake in the area. Pemex, Mexico’s state-run oil company, said that the fire was immediately extinguished. The refinery has an installed capacity of 330,000 barrels of crude oil per day but hasn’t been producing that much for …

Continue reading »

Sierra Club wants a judge to stop the Permian Highway pipeline in Texas

Environmentalists with the Sierra Club are asking a federal judge to halt construction of a $2 billion natural gas pipeline being built by Houston pipeline operator Kinder Morgan through the scenic Texas Hill Country. The club argues that the U.S. Army Corps of Engineers skirted federal environmental laws when it issued a federal permit to …

Continue reading »