March 22, 2021 archive

Completion reports for March 22, 2021

CARTER COUNTY Kodiak Oil & Gas Inc 5 2S 2W Brady 137, February 09, 2021 SH, INJ, TD: 2785 ft Lat: 34.41034, Long: -97.42675 API: 35019260000002 Mack Energy Co Deese(3004): Oil 5 Gas 5 Water 116 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 17-2-i, January 18, 2021 DH, OIL, TD: 4950 ft Lat: 34.39638, Long: -97.45630 API: 35019264060001 Xto Energy Inc …

Continue reading »

Permits to drill for March 22, 2021

Carter County BEAR CREEK ##1 SWD, March 15 2021 36 1S 3W NWSWSESW API: 01926436 Lat: 34.42132207610204, Long: -97.47053433622835 CONTINENTAL RESOURCES INC SH, AM, 13800 ft, MARKHAM(4477), ALDRIDGE(4927), HUMPHREYS(5927), SIMS(6827), GOODWIN(7357), BROMIDE(12115), MCLISH(12735) Kingfisher County RIGDON 34-18-5 #1H, March 22 2021 34 18N 5W NWNENENE API: 07326746 Lat: 35.99938274019776, Long: -97.71318320827267 BCE-MACH III LLC HH, DR, 11700 …

Continue reading »

Gasoline prices level off in the past week

  Gasoline prices in Oklahoma and across the nation started showing signs of stability in the past week after weeks of daily increases at the pumps. Oklahoma’s average of $2.67 is only one cent higher than a week ago while the national average held steady at $2.88 for the last five days. The prices at …

Continue reading »

Crude oil prices saw slight gain on Monday while Oklahoma energy stocks struggled

  Following steep declines last week, crude oil prices on Monday rose slightly and at the same time, Oklahoma energy stocks went through small drops in their prices. Analysts say the COVID-19 pandemic’s persistence is the problem. Investors aren’t sure that there will be much of an increased demand for gasoline especially after fresh lockdown …

Continue reading »

OWRB approves $27.9 million for seven projects

  The Oklahoma Water Resources Board recently approved nearly $28 million in funding for seven water and wastewater projects around the state. The projects are in Wellston, McLoud, Gotebo, Billings, Shawnee Wagoner County and Hartshorne. The Board listed the following as recipients of the funding. Wellston Public Works Authority receives $2,695,000 loan for water and …

Continue reading »

Legislators start work on solution to storm’s high utility bills

  The political website NonDoc reports that legislators named last month to explore the expected high utility bills from the February winter storm have finally begun their work on the issue. NonDoc stated that Sen. James Leewright (R-Bristow) and Sen. Zack Taylor (R-Seminole) told media last week that they have met privately with Attorney General Mike Hunter, Gov. …

Continue reading »

Jeep defends use of Cherokee name on its SUV

  Jeep apparently is not going to remove the name Cherokee from its popular SUV even though the principal chief of the Cherokee tribe in Oklahoma wants his tribe’s name removed from the vehicle. Jeep is set to unveil its new Cherokee and stands by its use of the name which it started 45 years …

Continue reading »

Energy news in brief

** The US, home to more oil refineries than any other country, lost its title to China as the world’s largest refiner of raw crude oil in 2020. China began refining more crude oil into gasoline and other products for the first time during the pandemic, according to new data from the US Energy Information Administration (EIA), and …

Continue reading »

Mesa Royalty Trust continues losses

  The last time the Mesa Royalty Trust reported any distribution of income was in May of 2020. Like it has since June 2020, the Trust won’t have any monthly distribution for March according to an announcement. The trust announced to holders of record that costs, charges and expenses exceeded the revenue receive from the …

Continue reading »

Keystone lawsuit just the beginning?

  When Oklahoma Attorney General Mike Hunter joined dozens of other Republican attorneys general last week in suing President Biden over his move to kill the Keystone XL pipeline, it might have been a notice of more to come. Who knows. But it could also be a sign that the GOP attorneys general plan to …

Continue reading »