Crude oil prices made another big jump in Thursday’s trading as US prices reached nearly $65 a barrel following a gain of 1.65%. West Texas Intermediate crude for May delivery increased $1.07 to settle at $64.93 a barrel in trading on the NYMEX. Global benchmark Brent crude for May delivery gained 1.85% on a …
A report by Reuters indicated that Oklahoma City-based Chesapeake Energy Corporation might be attempting to sell its South Texas assets. The wire service report indicated the oil-producing assets, which include more than 220,000 acres in the Eagle Ford shale basin could bring nearly $2 billion for the company. The assets produced 84,000 barrels of …
Texas-based Flowserve Corporation revealed this week its intention to close its Tulsa plant, a move that will affect 52 employees. Flowserve, a multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves to the power, oil, gas and chemical industries notified the Oklahoma Office of Workforce Development. …
CANADIAN COUNTY Camino Natural Resources Llc Mississippian: Oil 178 Gas 864 Water 2051 Flow 23 11N 7W Turner Falls 23-14-1mxh, October 02, 2020 HH, OIL, TD: 18133 ft Lat: 35.41288, Long: -97.91671 API: 35017256230001 Urban Oil & Gas Group Llc 29 13N 8W Calumet Cottage Grove Unit (Clark 1) 1-29, March 11, 2021 SH, INJ, TD: 9350 ft Lat: 35.56758, Long: -98.07661 …
Harper County MYRTLE B #3-6, April 23 2021 06 26N 24W W2NENENE API: 05922548 Lat: 36.76742970576456, Long: -99.82002235368283 LATIGO OIL AND GAS INC SH, RC, 6685 ft, TONKAWA(5337), CHEROKEE(6460) Noble County FRANK #4, April 22 2021 25 21N 2E NWSESENW API: 10324771 Lat: 36.2692446999215, Long: -97.04228865160293 O G P OPERATING INC SH, DR, 560 ft, HOTSON(540) Oklahoma …
The US rig count inched up by three in the last week to 521 as of April 28, according to Enverus Rig Analytics. The current count is up 5% in the last month and up 27% YOY and Oklahoma’s Chesapeake Energy is among those with increased activity. US activity levels have continued their …
While Democrats gave hearty support to President Biden’s more than one-hour long address to Congress Wednesday night in which he removed his mask, his push for his American Jobs Plan was panned by Oklahoma congressmen. As Tulsa Republican Rep. Kevin Hern put it, “To put an Oklahoma spin on it, Biden is all hat …
The wait begins for a southern Oklahoma refinery operator in its U.S. Supreme Court fight over EPA exemptions and waivers to mandated biofuels requirements. The Court heard arguments this week in Hollyfrontier Cheyenne Refining LLC v. Renewable Fuels Association which includes CVR Energy, operator of the Wynnewood refinery in Oklahoma. The two refinery operators challenged a …
** President Biden highlights clean energy promises in his first address to Congress, including his commitment to make the U.S. a leader in electric vehicle and battery production. ** Building enough wind, solar and other renewable energy sources to achieve an emissions-free grid by 2035 will require a chunk of land the size of South Dakota, an estimate suggests. …
ONE Gas and Vanguard Renewables announced a renewable natural gas (RNG) initiative designed to develop and expand farm-based RNG projects across Kansas, Oklahoma and Texas. The announcement said it will be Vanguard Renewables’ first mid-continent alliance with a local natural gas distribution company that is committed to innovating its clean energy fuel mix through RNG. …
