August 2, 2021 archive

Completion reports for August 2, 2021

completions: none were processed today

Permits to drill for August 2, 2021

Garvin County PATRICIA ANN 0304 #2H-28, August 02 2021 33 3N 4W NENWNWNE API: 04925343 Lat: 34.69521003754003, Long: -97.62343517175105 OVINTIV MID-CONTINENT INC. HH, DR, 17908 ft, SPRINGER(12670) Garvin County PATRICIA ANN 0304 #3H-28, August 02 2021 33 3N 4W NENWNWNE API: 04925341 Lat: 34.69521004167159, Long: -97.62336863983226 OVINTIV MID-CONTINENT INC. HH, DR, 17858 ft, SPRINGER(12520) Garvin County PATRICIA …

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ONE Gas reports increased revenue in 2Q but still deals with February storm

    ONE Gas saw increases in its second quarter 2021 net income and its year-to-date 2021 net income. But the Oklahoma-based company awaits February winter storm-related regulatory moves in the state and in Kansas and Texas. The company announced its quarterly financial results on Monday indicating second quarter net income was $30.1 million or …

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Strong 2Q results for Continental Resources

  The second quarter was so strong for Oklahoma City’s Continental Resources, the energy company described it as “outstanding” along with “robust cash flow” and “exceptional shareholder value.” The company reported net income of $289.3 million or 79 cents a diluted share for the quarter that ended June 30. Adjusted net income was $332.8 million …

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Williams reports higher results in second quarter

  Williams reported a better-than-expected second quarter with a net income of $304 million or 25 cents per diluted share. Its cash flow from operations totaled $1.1 billion, down $86 million or 8% from a year earlier. But the available money from its operations was $919 million, up $47 million or 5% from the second …

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Crude oil drops on weak economic reports from US and China

  Higher crude output from OPEC producers along with weak economic data from the U.S. and China led to a Monday drop of crude oil prices. It was significant news because the two major countries are the top oil consumers in the world. Prices dropped more than 3% led by a 3.6% fall for West …

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New Mexico launches crackdown on oil and gas emissions

  In a move to crack down on emissions from oil and gas wells, the New Mexico Environmental Department filed expert technical testimony ahead of a hearing for proposed rule changes. The Department, in an announcement on Monday said the filing included more than 5,000 pages of technical information from experts in support of a …

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July wasn’t as hot as we thought it was in Oklahoma

  Okay, the last week of July was a bit of a challenge but the analysis by the Oklahoma Mesonet shows the month wasn’t really as sweltering hot as we might have thought. State Climatologist Gary McManus, in his Monday morning Mesonet report said July was actually “mild” for the most part and extreme temperatures …

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Smoke from Canada’s forest fires settles over Oklahoma

    The smoke from forest fires in Canada that resulted in air alerts for all people last week in Fargo, North Dakota finally settled over Oklahoma this week. Now thousands of Oklahomans are facing air warnings from the Department of Environmental Quality. Two northeastern counties are under the classification of “unhealthy” air reported the …

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The growing saga of abandoned wells in the Permian Basin

  Thousands of abandoned oil and gas wells in the Permian Basin are the focus of growing attention—not just by landowners who have dealt with the issue for decades but by the media. Now they call them “orphaned” wells. Regardless, the problem is the same—leaking and dangerous chemicals and gas. Click here for an Associated …

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