Completion reports filed on June 25, 2020. BECKHAM COUNTY Fourpoint Energy Llc Missourian (upper Granite Wash): Oil 724 Gas 6670 Water 840 Flow 14 10N 25W Rollie 2×11-10-25 1ha, September 18, 2018 HH, OIL, TD: 21800 ft Lat: 35.34851, Long: -99.81830 API: 35009219960000 ELLIS COUNTY Fourpoint Energy Llc Cherokee Group(10163): Oil 610 Gas 4949 Water 2532 Flow 4 17N 23W Seymour 4×9-17-23 1hb, September 22, 2018 …
June 25, 2020 archive
Permits to drill for June 25, 2020
Permits to drill issued on June 25, 2020. Carter County J H BENNETT 16 #1-31, February 12 2020 31 2S 2W NWSENWNW API: 01904546 Lat: 34.34526084722546, Long: -97.45523846733853 SPRING OPERATING COMPANY DH, AM, 10027 ft, SYCAMORE(4900), WOODFORD(4954), HUNTON(5078), VIOLA(6100), HUMPHREYS(7110), GOODWIN(8270) Rogers County HARRIS SWD #8-10, February 26 2020 10 24N 17E NENENWNW API: 13125443 Lat: 36.58182219155771, …
Crude oil rebounds but is still under $39 a barrel in the US
After two consecutive sessions of a drop in prices, crude oil on Thursday rose nearly 2% to settle at $38.72 a barrel on the New York Mercantile Exchange. West Texas Intermediate crude for August rose 71 cents for the session. Global benchmark Brent crude for August delivery was up $1.17 or 1.8% to …
Oil and gas producers far from optimistic about improved industry
While the Kansas City Federal Reserve Bank survey finds a slight increase in manufacturing in the district that includes Oklahoma, another survey finds oil and gas producers don’t expect any quick turnaround for the industry. The nation’s oil producers think it will take up to two years for oil output to recover in the …
Monthly report points to battered oil and gas industry in Oklahoma
Oklahoma state Treasurer Randy McDaniel’s monthly Oklahoma Economic Report has been released and in it, he discusses how the state’s oil and gas industry is “hit particularly hard.” He points out how when the price war between OPEC and Russia was initially triggered by a price war in February, West Texas Intermediate crude averaged $50.54 …
Bank survey shows increase in manufacturing in KC district
The Federal Reserve Bank of Kansas City released the June Manufacturing Survey this week. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity grew slightly after sharply decreasing for three straight months. Activity still remained well below year-ago levels, …
Hamm picks up another $57 million in shares of his own company
Continental Resources founder Harold Hamm added more than $57 million in shares in his own company this week. A filing made with the Securities Exchange Commission showed Hamm, who is now the company’s Executive Chairman, made the acquisitions on June 22, 23 and 24 of this year. He paid an average price of $16.62 …
Disconnect program to resume at OGE
For some of those utility customers who were allowed suspensions of their bills due to the COVID-19 pandemic, they now find themselves hit with a buildup of bills as utilities resume disconnects. In some cases, customers find they have to pay 2 to 3 months of unpaid bills or face total cutoff. Those customers …
Trump administration wind and solar approvals lag Obama record
A new study shows the Trump Administration’s Interior Department gave approval to nearly half as many wind and solar energy projects on federal lands as the Obama administration did at the same point in its first term. Reuters reported the numbers reflect the administration’s soft-pedaling of renewable energy development while favoring expansion of …
Energy news in brief
** Murphy Oil Corporation will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, August 6, 2020 to discuss second quarter 2020 earnings. The company plans to release its financial and operating results before the market opens that morning. ** -Xcel Energy has elected a new board member, effective immediately. Charles …
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