March 9, 2021 archive

Completion reports for March 9, 2021

BECKHAM COUNTY Bce-mach Ii Llc Des Moines Granite Wash(12373): Oil 11 Gas 213 Water 23 Flow 17 10N 26W Sonny 4-17, December 12, 2020 SH, GAS, TD: 14700 ft Lat: 35.34058, Long: -99.97587 API: 35009217280003 Bce-mach Ii Llc Granite Wash Low (des Moines): Oil 3.3 Gas 6 Water 52 Gaslift 31 11N 26W D R 4-31, November 20, 2020 SH, OIL, TD: 16600 ft Lat: 35.38231, …

Continue reading »

Permits to drill for March 9, 2021

Blaine County BRADFORD 23_14-15N-10W #2HX, March 09 2021 23 15N 10W NWSWSWSE API: 01124254 Lat: 35.755339075845214, Long: -98.23376721404654 DEVON ENERGY PRODUCTION CO LP MU, DR, 21172 ft, MISSISSIPPI SOLID(10230), WOODFORD(10915) Blaine County BRADFORD 23_14-15N-10W #4HX, March 09 2021 23 15N 10W NWSWSWSE API: 01124256 Lat: 35.755339090568384, Long: -98.23356500528274 DEVON ENERGY PRODUCTION CO LP MU, DR, 20969 ft, …

Continue reading »

Crude oil took a hit—so did Oklahoma energy stocks

Crude oil prices that soared to $66 in the US and $71 overseas this week plunged in both markets in Tuesday’s trading. West Texas Intermediate crude for April delivery took a $1.04 drop to $64.01 a barrel. Global benchmark Brent crude for May delivery dropped 72 cents to $67.52 a barrel. Natural gas for April …

Continue reading »

Increased natural gas production approved in Oklahoma

  Oklahoma Corporation Commissioners decided Tuesday to increase the allowable production rate on natural gas wells in the state. On a 2-0 vote with Commissioner Dana Murphy not participating, the regulators agreed to increase the prorationing rate to 75% and include a maximum 3 million cubic feet a day limit on unallocated wells. The rate …

Continue reading »

OGE Energy takes out $1 billion loan to pay for winter storm costs

  In a filing this week with the Securities and Exchange Commission, OGE Energy Corp. revealed it had recently taken out a $1 billion loan from Wells Fargo Bank as a result of the extensive costs during the February winter storm. The filing showed it is a one-year loan and OGE Energy might use the …

Continue reading »

Solar leases approved by New Mexico Land Office

  A New Mexico state agency has approved for the first time the use of state land for a solar power project to provide electricity for the city of Las Cruces. New Mexico Land Commissioner Stephanie Garcia Richard approved the deal this week when she signed four leases with Las Cruces reported the Associated Press. …

Continue reading »

Kansas school bus maker sees growing interest in its EV buses

  School bus manufacturer Collins Bus, located in South Hutchinson, Kansas said it’s seen a rise in interest in its electric vehicle Type A buses across the U.S. The first Type A all electric bus was recently delivered to Connecticut, the first ever in the state. At the end of 2020, Collins took orders for …

Continue reading »

Energy news in brief

** Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, in a sign that exports of the fuel were sharply increasing from the United States to the country. ** The Biden administration on Monday scrapped a controversial Trump-era legal opinion that gutted protections for hundreds of …

Continue reading »

Oklahoma joins AGs in suing White House over climate change executive order

  Oklahoma Attorney General Mike Hunter joined eleven other GOP attorneys general Monday in filing a lawsuit challenging President Biden’s first executive order aimed at climate change. The 46-page lawsuit, led by Republican Attorney General Eric Schmitt of Missouri, claims Biden lacked any constitutional authority to implement new greenhouse gas rules. The suit says he …

Continue reading »

Texas AG starts digging into national gas prices

  While Oklahoma leaders started looking into the national gas supply industry following last month’s severe cold weather, the attorney general in Texas is expanding his probe of the same industry. Attorney General Ken Paxton announced this week an expansion into the effects of the winter storm on energy markets and explained his office had …

Continue reading »