November 3, 2020 archive

Completion reports for November 3, 2020

Completion reports filed for November 3, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian(7594): Oil 409 Gas 745 Water 2920 Pump 4 13N 5W Lillian 1305 3-4mh, August 25, 2019 HH, OIL, TD: 12318 ft Lat: 35.63598, Long: -97.73719 API: 35017254370001

Permits to drill for November 3, 2020

Permits to drill issued on November 3, 2020. Canadian County LATHAM #2H-14-23, October 01 2019 11 11N 9W NWSESWSE API: 01725537 Lat: 35.43622974490836, Long: -98.12042661033755 CITIZEN ENERGY III LLC MU, AM, 23480 ft, MISSISSIPPIAN(11600), WOODFORD(12800) Love County 07 SWD #1, November 03 2020 32 7S 2E NWNESWSW API: 08521319 Lat: 33.900560452797485, Long: -97.12395327126023 O7 SALTWATER DISPOSAL LLC …

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Most energy companies saw election day boosts

  For many Oklahoma related energy companies, election day resulted in increases in their shares. Mammoth Energy Services Inc. shot up 12.50% or 20 cents a share to finish the day at $1.80, one of the biggest increases of the different companies. Alliance Resource Partners, L.P. rose 21 cents for a nearly 6% gain to $3.76 …

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Oil prices up in U.S. and Europe

  As voters stood in lines for hours to cast their ballots for President, oil prices rose in the U.S. and Europe. But analysts suggest it wasn’t the election that sent prices climbing, rather a major draw in crude oil inventories of 8.01 million barrels. The American Petroleum Institute said the draw was for the …

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Mammoth Energy Services issues dire warning

  The critical impact of the COVID-19 pandemic continues weighing heavily on leaders of the U.S. oil and gas industry—whether it’s a large company like Halliburton, Devon Energy or Continental Resources or the small mom and pop operations. As an example, Oklahoma City-based Mammoth Energy Services in its recent third quarter earnings report stressed how …

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Would Biden’s energy plan cause the loss of 10.3 million jobs in the oil and gas industry?

  In a state where nearly 17% of all Oklahoma jobs are energy related, the claims and counter claims of Joe Biden’s clean-energy plan are critical. Until the votes are counted—a task that could take a few more days—the oil and gas industry holds its collective breath, not only in Oklahoma but across other oil-producing …

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Skydweller Aero Inc. Appoints New Chief Financial Officer

  Oklahoma City’s newly-based Skydweller Aero Inc.  announced this month that Dale F. Jordan, Jr. is joining the company as its new Chief Financial Officer. Jordan joins Skydweller Aero from Oseberg, an oil and gas information and data analytics company, where he acted as CFO. Prior to Oseberg, Jordan acted as CFO/Vice President of Finance at Acorn …

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State Aeronautics Director Victor Bird retires

  After a long career as head of the Oklahoma Department of Aeronautics, Director Victor Bird has retired. He spent 18 years with the Aeronautics Commission as part of his 36 years of public service to the state of Oklahoma. Bird’s emphasized promotion of the aerospace industry, one of the state’s largest industries and top …

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Drilling and fracking accelerate ahead of what could be an industry-changing US election

    A new report by Rystad Energy claims that drilling and fracking activity in the U.S. is on the increase. It recently announced that the increase came as voters prepared to choose a President, a choice that could affect the oil and gas industry, perhaps detrimentally because of one choice and maybe helpful in …

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DEQ promotes educational grants

  The Oklahoma Department of Environmental Quality is accepting grant proposals for its Environmental Education Grant Program.  The grant must promote enthusiasm in youth for learning about the environment and natural resources. The grant is available for Oklahoma teachers, public or private (Preschool – 12th Grade), school environmental clubs, youth group leaders and/or organizations with …

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