May 5, 2021 archive

Completion reports for May 5, 2021

CANADIAN COUNTY Chaparral Energy Llc Mississippian(10200): Oil 463.9 Gas 5024 Water 1528 Flwg Woodford(12200): Oil 103.1 Gas 1116 Water 340 Flwg 28 12N 7W Hubbard 1207 1smhx-28, December 10, 2020 HH, OIL, TD: 18030 ft Lat: 35.48663, Long: -97.94509 API: 35017256040001

Permits to drill for May 5, 2021

Custer County BAKER 7 #CN 1H, May 05 2021 07 13N 16W N2N2N2NW API: 03922595 Lat: 35.623372033565296, Long: -98.94685602837757 MEWBOURNE OIL COMPANY HH, DR, 16297 ft, CHEROKEE(11780) Major County PACIFIC #1-21, May 05 2021 21 21N 9W CN2NWSE API: 09323668 Lat: 36.281250275198474, Long: -98.16491672593013 CONTINENTAL RESOURCES INC SH, RC, 9490 ft, WOODFORD(7946) Oklahoma County OKC SO WILCOX …

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WTI hovers around $66 a barrel

  Crude oil prices split in Wednesday’s trading as they fell in the US but rose in Europe. As a result, Oklahoma energy stocks were mixed in trading. West Texas Intermediate crude for June delivery, considered the US benchmark fell 6 cents to $65.63 a barrel in trading on the New York Mercantile Exchange. Global …

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Oklahoma EV task force created by bill signed into law

    Oklahoma Gov. Kevin Stitt has signed legislation to address long-term transportation infrastructure funding aimed at Electric Vehicles and hybrids. House Bill 1712, authored by Rep. Brian Hill, R-Mustang, creates a Road User Charge Task Force to study methods that may be used to record and report public road usage, specifically for electric vehicles …

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Texas next in line to ban natural gas bans

  Texas Gov. Greg Abbott is expected to sign a bill similar to one already adopted by Oklahoma that bars cities from banning natural gas hookups in buildings. The Texas state Senate approved House Bill 17 on Tuesday and sent it to the governor. Gov. Abbott supported the measure along with the natural gas industry. …

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Austin firm gets $20 million in lithium technology commitments

  An Austin, Texas company developing sustainable lithium extraction methods and solid-state battery energy storage systems for electric vehicles has received $20 million in financing commitments. EnergyX announced this week the funds will be used for technology development and the use of lithium, a metallic component key to electric batteries. Click here for Austin American-Statesman …

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Oklahoma’s 8-year highway construction plan at risk

  The Oklahoma Transportation Commission dealt with some political accusations this week and voted down an effort to keep the Department of Transportation’s 8-year Work Plan in place. The McCarville Report says the vote was against an effort by Transportation Commissioner T. W. Shannon. Click here for McCarville Report.

Congress puts Cheniere Energy on the spot over its Oklahoma pipeline

  Kingfisher County farmer Terry Luber didn’t set out to be the driving force that led to a Congressional hearing where Cheniere Energy and its Midship natural gas line in Oklahoma were put on notice by some U.S. Representatives. But he ended up testifying Wednesday during a House Oversight and Reform Committee’s Subcommittee on Civil …

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Record royalty from oil and gas in New Mexico

  While some Democrats and environmentalists in New Mexico want to avoid anything to do with oil and gas, their state just set a record for the highest monthly royalty earnings from oil and gas leases—-money they certainly would miss if there were to be a total abandonment of the industry. The New Mexico State …

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Energy news in brief

** Paying retirement, wage replacement and other benefits to coal miners and utility workers as the nation transitions to clean energy could cost nearly $82.9 billion through 2030, according to a study by the Union of Concerned Scientists and the Utility Workers Union of America. The 2030 coal phase-out plan would cost more than a more gradual 2040 …

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