Interest in resuming oil and gas exploration in Oklahoma is slowly on the increase as at least 26 permits to drill were issued last week by regulators. Not only were for new drilling. Two permits were issued for State Well plugging in Okmulgee County. The permits included one in Custer County, one in Harper, …
Oklahoma’s STACK is alive and well! Devon Energy filed completion reports this past week on two wells drilled on a single pad with combined production of nearly 1,700 barrels of oil a day. The company filed reports last week on two Privott 17_20 wells in Kingfisher County. Their legal description site is 17 16N 9W. …
For now, Oklahoma Corporation Commissioners won’t be giving any regulatory authority over oil and gas activities inside Indian Country to the tribes. Commissioners voted last week to continue with their authority over the region of land despite last spring’s U.S. Supreme Court McGirt decision which said criminal prosecutions must be handled by federal courts …
The New Mexico State Land Office filed lawsuits against multiple oil and gas companies the office alleged were in violation of obligations to remediate land used for extraction operations after production ceased. The Albuquerque Journal reported the civil actions were brought this fall against the operators and other users of state trust land for …
The Southwest Airlines Co. call center in Oklahoma City will be hit with what the company calls a “mass furlough” starting in March because the company has lost billions of dollars due to the COVID-19 pandemic that resulted in reduced travel by the public. The Oklahoma Office of Workforce Development was notified that at …
Devon Energy and WPX Energy indicate they are approaching the stage in their merger of deciding which employees will stay and which ones will be a part of the new company. “—one of the critical next steps is identifying how and when talent decisions will be made and communicated,” stated the two firms in …
After selling its downtown high-rise office tower, Oklahoma City’s SandRidge Energy has relocated just about two blocks away in the city’s Bricktown Entertainment district. In a filing made this past week with the U.S. Securities and Exchange Commission, the company said its new headquarters are now located at 1 E. Sheridan Avenue, Suite 500. …
Friday’s decision by OPEC and allied oil producers to boost output by 500,000 barrels a day in the coming month resulted in a rise in oil-related stocks, including many in Oklahoma. Investors apparently believe the increased production will come as demand grows for oil and gasoline and the public will resume travel. As a …
Oklahoma’s rig numbers remained the same in the past week while nationally, they increased by three to hit 323 active oil and gas rigs in the country as the coronavirus pandemic continued on its deadly path across the country and the world. Baker Hughes Co. reported the nation saw an increase of 5 oil …
