February 22, 2021 archive

Completion reports for February 22, 2021

ALFALFA COUNTY Trans Pacific Oil Corporation 32 29N 12W Kisling A Swdw 2-32, September 17, 2020 SH, DISP, TD: 648 ft Lat: 36.94580, Long: -98.51362 API: 35003233960000 GARVIN COUNTY Casillas Operating Llc Mississippian – Woodford: Oil 1072 Gas 4389 Water 758 Flow 3 2N 3W Pacifico 2-34-27mxh, August 24, 2018 HH, OIL, TD: 20299 ft Lat: 34.68044, Long: -97.49623 API: 35049252100000

Permits to drill for February 22, 2021

Grady County SANDY CREEK RANCH #5-30-19XHW, February 17 2021 30 4N 5W SWSESESW API: 05124815 Lat: 34.78403564988341, Long: -97.77162561592685 CONTINENTAL RESOURCES INC MU, AM, 25586 ft, SYCAMORE(14830), WOODFORD(15332), HUNTON(15387) Grady County SANDY CREEK RANCH #4-30-19XHW, February 17 2021 31 4N 5W SENWNENW API: 05124814 Lat: 34.78189851521551, Long: -97.76759446881884 CONTINENTAL RESOURCES INC MU, AM, 25501 ft, SYCAMORE(14840), HUNTON(15077), …

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Williams reports record production

  Coming off historic cold and brutal weather in Oklahoma, Texas and Kansas, Williams Cos. on Monday reported $208 million net income or 17 cents per diluted share. The Tulsa-based company said its full year 2020 results validated the strength of natural gas strategy in the face of what it called “significant headwinds.” Leadership expects …

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Crude hits $61 in the US and $65 in Europe

Crude oil prices made big rebounds in Monday’s trading as West Texas Intermediate, considered to be the benchmark U.S. crude oil price rose above $61. WTI for March delivery went up $2.25 a barrel to settle at $61.49 a barrel in Monday’s trading. Global benchmark Brent crude oil for April delivery jumped $2.33 to finish …

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Quarterly results coming this week from energy companies

  This is a big week for some Oklahoma energy companies as they release their quarterly financial reports. ONEOK’s fourth quarter report will be released after the close of Tuesday’s markets. HollyFrontier will release its fourth quarter results on Wednesday before the opening of trading on the New York Stock Exchange. A webcast conference will …

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Minnesota might be latest to target trespassing environmental protesters

  Minnesota is the latest state to consider a law like Oklahoma did four years ago—one targeting trespassing protesters against oil and gas pipelines. Then-Gov. Mary Fallin signed it into law in 2017 and increased penalties against protesters who trespass on property containing a critical infrastructure facility. The Oklahoma law provides for a felony charge …

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Lucas Leads Science Committee Republicans Requesting Hearing on Safely Reopening Schools

  Oklahoma Congressman Frank Lucas and 15 other Republicans on the House Committee on Science, Space and Technology say it’s time public schools reopened after being closed over the COVID-19 pandemic. He and others sent a letter to Rep. Eddie Bernice Johnson, the Democrat who chairs the committee and requested a hearing on reopening schools …

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Can Mammoth Energy Services continue its earnings growth?

The fourth quarter and full-year 2020 earnings reports by Oklahoma City’s Mammoth Energy Services, Inc. will be released this week. The company said the results will be made available to the public following the close of markets on Thursday, February 25, 2021. A conference call will follow at 4 p.m. Central Time on the same …

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Gov. Stitt drew support and criticism over executive order

  Oklahoma Gov. Kevin Stitt’s executive order issued last week in defiance of President Biden’s executive orders targeting oil and gas drew support from Republican legislators and criticism from Democrats. In his order, Gov. Stitt declared that Oklahoma has the right to determine how to best develop its own natural resources. As the Tahlequah Daily …

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Newspaper editors stand by oil and gas

  The rolling blackouts and the frigid weather that gripped Oklahoma last week gave pause for editors at the Enid News and Eagle to suggest…oil and gas are still reliable sources of energy. In an editorial over the weekend, the newspaper took note— ” With respect to the electrical problems faced in Oklahoma and Texas, in …

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