September 23, 2020 archive

Completion reports for September 23, 2020

Completion reports filed on September 23, 2020. completions: none were processed today

Permits to drill for September 23, 2020

Permits to drill issued on September 23, 2020. Cimarron County HANES TRUST #2-15, September 23 2020 15 3N 9E CSWNW API: 02521080 Lat: 36.72808465278412, Long: -102.08376057116995 T AND L OIL INC SH, DR, 4862 ft, RED CAVE(1625), COUNCIL GROVE(2850), HEEBNER(3210), CHEROKEE(4118), MORROW UP(4285), MORROW SAND LOW(4484), MISSISSIPPI(4780) Cimarron County HANES TRUST #2-15, September 23 2020 15 …

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A tough Wednesday for energy stocks in Oklahoma

The crying towels were everywhere for Oklahoma energy companies and others following Wednesday’s trading where more than one firm saw a drop of 7 to 8% in share values. The nearly 1% drop or 2 cent decline to $2.92 for Alliance Resource Partners was mild compared to what some of the companies suffered. Blueknight Energy …

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Oil futures settle higher, but U.S. prices fall short of hitting the $40 mark

  Oil futures gained on Wednesday as U.S. crude supplies declined for a second week in a row, but U.S. benchmark prices fell short of reclaiming the $40 mark, with coronavirus-related lockdowns in Europe raising expectations for weaker energy demand. Plus, oil stocks at Cushing remained at 54 million barrels. MarketWatch reported that on its …

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Senator Lankford and others target elimination of wind tax credit

  Oklahoma U.S. Sen. James Lankford and three other Senators as well as a Texas Congressman contend the federal production tax credit for energy renewables should be eliminated and phased out. They suggest it’s time to sunset the credit for wind power. Lankford as well as Kevin Cramer (R-ND), John Hoeven (R-ND) and Shelley Moore …

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Regulators want public input on electrical restructuring

  The Oklahoma Corporation Commission is asking for public input regarding electrical restructuring as it works on development of energy resources in the state in order to make a presentation to the upcoming legislature. In an announcement this week, Brandy Wreath, Director of the Commission’s Public Utility Division said the electrical restructuring was a last-minute …

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ONE Gas joins natural gas coalition focused on methane emissions

The natural gas coalition called ONE Future or Our Nation’s Energy Future announced that Oklahoma’s ONE Gas, Inc. has joined the coalition. It’s a group designed to recognize the importance of improving methane emissions. It brings the total number of member companies of ONE Future to 29. Member companies represent some of the largest U.S. …

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Methane rules don’t satisfy oil and gas industry as well as environmentalists

  New Mexico’s proposed regulations on methane emissions from oil and gas facilities continue to meet criticism from environmentalists and industry leaders alike as the public comment period for the drafted rules ended last week. Click here to read the full story in the Carlsbad Current-Argus.

OPINION: Trump Administration Policies Have Benefitted Wyoming

“As we emerge from this crisis I look forward to continuing our work with the Trump Administration. Wyoming will be stronger and much better off because of it.” Wyoming Gov. Mark Gordon   Wyoming Gov. Mark Gordon says the Trump administration has done much to help his state, especially when it comes to the energy …

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Firm pledges major investment in Permian Basin

  An American energy investment company with investments in Oklahoma’s Anadarko Basin pledged $8.5 million to a project to develop oil and gas assets in the Permian Basin owned by Shell Oil Company. The Carlsbad Current-Argus reports that U.S. Energy Development Corporation announced the transaction on Sept. 16 to acquire interest in the horizontal well …

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