November 20, 2020 archive

Completion reports for November 20, 2020

Completion reports filed on November 20, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Mississippi Lime: Oil 247 Gas 2006 Water 888 Flow 32 11N 7W Unbridled 5-8-10-7 3mxh, January 03, 2020 HH, OIL, TD: 19235 ft Lat: 35.37785, Long: -97.96086 API: 35017254950000 MAJOR COUNTY Complete Energy Services Inc 19 22N 12W Kliewer Swd 2-19, August 21, 2020 HH, COMM, TD: 8370 ft …

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Permits to drill for November 20, 2020

Permits to drill issued on November 20, 2020. Canadian County CAREL #1H-2524X, September 29 2020 36 11N 8W NWNWNWNW API: 01725209 Lat: 35.39099945783674, Long: -98.00700829673414 CIMAREX ENERGY CO MU, AM, 21910 ft, WOODFORD(11330) Garvin County SPEYSIDE #1-20-19XHW, November 20 2020 20 1N 1W SESESENE API: 04925333 Lat: 34.543305317975424, Long: -97.31858106215283 CONTINENTAL RESOURCES INC MU, DR, 21620 ft, …

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Energy stocks took it on the chin in Friday’s trading

Crude futures ended up in Friday’s trading but Oklahoma energy stocks weren’t so lucky. Some fell as much as 8%. West Texas Intermediate crude for December contracts rose 41 cents to settle at $42.15, a nearly 1% increase. Global benchmark Brent crude finished at $44.96 after a 76 cent climb and a gain of 1.72% …

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Steel forests of stored oil and gas rigs continue to grow across the country

  The latest Baker Hughes rig count released on Friday showed a decline of two to 310 rigs. The report differs from the Enverus report released a day earlier which said its data showed an increase of 11 rigs across the country to reach a total of 381. Baker Hughes reported the number of oil …

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COVID’s keeping gasoline prices down

  The growing COVID-19 restrictions for Thanksgiving has not only resulted in increased crude oil storage but kept gasoline prices fairly stable in the past week. Oklahoma’s average over the weekend was $1.80 while the national average was $2.11 per gallon for regular gasoline, according to the American Automobile Association. The state average was down …

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Devon and WPX file merger proxy statement with SEC

  Leaders of Devon Energy and WPX Energy have filed a joint proxy statement with the SEC as the two Oklahoma energy companies prepare for their announced merger. The proxy filing did not set a date nor time for a shareholders meeting of each company. The meetings will be virtual because of the COVID-19 pandemic. …

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Phillips 66 adopts Google Pay at its gas pumps

  Phillips 66 is launching a new way of paying for gasoline at its 7,000 sites across the U.S. Drivers will be able to use Google Pay at Phillips 66, Conoco and 76 branded stations. The company announced it has worked with P97 Networks, considered a leader in cloud-based mobile commerce. As a result, it …

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Oklahoma oil patch veterans create new Denver oil company

  Even as COVID-19 continues hammering the nation’s oil and gas industry, someone sees enough light in the tunnel to dare to create a new oil and gas company and start making acquisitions of producing assets. They are veterans of Oklahoma’s oil patch. Newly formed FourPass Energy, LLC in Denver announced a partnership to acquire …

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Halliburton commits to greenhouse gas reductions

  Halliburton Company announced its commitment to set science-based targets to reduce greenhouse gas (GHG) emissions. The company submitted its commitment letter to the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature. With this commitment, Halliburton will submit targets in 2021 …

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Support swells for New Mexico congresswoman to be Interior Secretary

  New Mexico Democratic Rep. Deb Haaland has picked up more support in a movement to have to become Interior secretary in a Biden administration. POLITICO reported that more than 50 House Democrats formally backed her in a letter sent this week to President-elect Biden. As OK Energy Today reported, Haaland is being vetted for …

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