November 2020 archive

Crude oil futures made Thanksgiving eve gains–so did some Oklahoma energy stocks

  The day before Thanksgiving left some Oklahoma energy stocks with dessert while others had nothing but an empty bone. It came as crude oil futures rose again in trading in the U.S. and in Europe. A surprise drop in U.S. crude inventories last week spurred the continued drive in oil prices along with the …

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Increased U.S. drilling activity reported this week

  Whether it’s Baker Hughes Co.’s report or the one from the data analysis firm Enverus—they show increased drilling in the past week in the U.S. Oklahoma’s numbers remained steady at 13 rigs compared to the 51 a year ago. The latest U.S. rig count supplied by the data analysis firm Enverus shows an increase …

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Arkansas solar farm acquired by Cubico Sustainable Investments

  The renewable energy company, Cubico Sustainable Investments has added 270 MW of solar to its U.S. generation portfolio including the acquisition of a major project in Arkansas. Cubico acquired Delta’s Edge solar project in Mississippi and the Crossett solar project located in Arkansas. (Crossett solar farm) The Crossett solar project will be among the largest installations …

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Moore—why the US should not rejoin Paris Climate agreement

  Joe Biden’s promise to return to the Paris climate accord, the one President Trump pulled out of, raises questions in the minds of some observers, including Stephen Moore, a writer who contends it will only leave America in last place in the move toward a cleaner environment for the world. Moore, a senior fellow …

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Completion reports for November 24, 2020

Completion reports filed on November 24, 2020. BLAINE COUNTY Chisholm Oil & Gas Operating Llc 32 18N 10W Heffel 32-3, December 08, 2019 SH, DRY, TD: 9335 ft Lat: 35.98721, Long: -98.29703 API: 35011216390001 Pride Energy Company Meramec(9331): Oil 331 Gas 547 Water 527 Flow 35 17N 10W Red Land 1-35h, January 27, 2018 HH, OIL, TD: 14645 ft Lat: 35.89927, Long: …

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Permits to drill for November 24, 2020

Permits to drill issued on November 24, 2020. Blaine County J D #1-16, November 24 2020 16 13N 12W S2S2SENE API: 01122082 Lat: 35.602830795547966, Long: -98.47474469549456 SANGUINE GAS EXPLORATION LLC SH, RC, 12490 ft, CHEROKEE(11000) Canadian County CAREL #4H-2524X, September 30 2020 25 11N 8W SESWSWSE API: 01725632 Lat: 35.39220448923859, Long: -97.9972399639833 CIMAREX ENERGY CO MU, AM, …

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Energy stocks rose again in trading

  With another jump in Brent crude oil prices, Oklahoma energy stocks had a second consecutive strong showing in trading. Crude prices dropped in the U.S. where West Texas Intermediate dropped 11 cents before finishing the day at $44.80 per barrel. Global benchmark Brent crude saw a nearly 4% increase when prices jumped $1.80 before …

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Final decree issued in SandRidge Energy bankruptcy

  Four years after Oklahoma City’s SandRidge Energy filed Chapter 11 bankruptcy and emerged from it in 2016, a bankruptcy judge has issued the final decree in the case. In a filing this week with the Securities and Exchange Commission, SandRidge said the judge in the case issued the final decree last week closing the …

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AAR to get more Alaska Airlines maintenance work

  Even more good news came this week for AAR and its operations in Oklahoma City. “Good news for AAR!” wrote Bill Hancock, Business Services and Rapid Response Coordinator at the Oklahoma Office of Workforce Development who took note after it was announced Alaska Airlines said it reached agreement to lease 737 MAX 9 aircraft. …

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Will Colorado follow California in ban of gasoline powered vehicles?

  California did it and officials in Colorado might consider a similar ban of the sale of new gasoline-powered cars and trucks by 2035. But Colorado Public Radio reports that the state’s Energy Office leaders also say it’s a little early to say if Colorado will soon follow suit. Click here for the story from Colorado …

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