August 4, 2021 archive

Completion reports for August 4, 2021

ARTER COUNTY Continental Resources Inc 36 1S 3W Bear Creek 1 Swd, July 16, 2021 SH, DISP, TD: 13416 ft Lat: 34.42132, Long: -97.47053 API: 35019264360001 KAY COUNTY Barber Oil Llc Cleveland(3170): Oil 20 Gas 63 Water 10 Flow Cleveland(3170): Oil 1 Water 41 Pump 34 29N 1W Vickery 1-34, June 14, 2021 SH, OIL, TD: 3524 ft Lat: 36.95379, Long: -97.29848 API: 35071243110001

Permits to drill for August 4, 2021

Blaine County EICHELBERGER FIU #2-21-28XHM, June 16 2021 21 14N 13W NWNENENE API: 01124267 Lat: 35.68122197171368, Long: -98.58086333489628 CONTINENTAL RESOURCES INC MU, AM, 22979 ft, MISSISSIPPIAN (LESS CHESTER)(13036), WOODFORD(13916) Canadian County GRIT 1106 4 #1MH, August 04 2021 04 11N 6W SWSWSWSW API: 01725196 Lat: 35.45051745346662, Long: -97.84772061790899 REVOLUTION OPERATING COMPANY LLC HH, DR, 14234 ft, MISSISSIPPIAN(9200) …

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Williams reaches agreement on Deepwater Whale Project in Gulf of Mexico

  Tulsa’s Williams gets the contract with Shell and Chevron to transport natural gas and crude oil from the Gulf of Mexico Whale development. The company announced it reached the agreement with Shell Offshore Inc. and Chevron U.S.A. Inc. to provide the offshore services as well as onshore natural gas processing services for the Whale …

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Oklahoma energy stocks follow falling crude oil prices

For a third consecutive day this week, crude oil prices fell on Wednesday’s trading as analysts blamed the drop on growing worries about the spread of the coronavirus Delta variant. Energy stocks in Oklahoma did the same with some dropping as much as nearly 11%. West Texas Intermediate crude suffered a 3.4% drop as prices …

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Cushing crude storage drops but climbs nationwide

  For the eighth straight week, crude oil stocks dropped at the Cushing oil delivery hub while nationwide crude stockpiles rose according to the U.S. Energy Information Administration. In an announcement Wednesday, the EIA said the Cushing hub storage dropped by 543,000 barrels, falling to 34.9 million barrels, the lowest point since January 2020. Nationally, …

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Who’s drilling where in Oklahoma?

  The number of drilling permits issued this week by the Oklahoma Corporation Commission shows no slowdown in exploration. Travis Peak Resources LLC of Houston received permits for two wells on a single pad in Canadian County. The  ELMENHORST 1-12-11N-7W #2MHX, along with the ELMENHORST 1-12-11N-7W #3MHX . The wells will be drilled at a site …

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Alliance Resource Partners, L.P.’s Wesley retires from Board of Directors

  Tulsa’s Alliance Resource Partners, L.P. , the second largest coal producer in the Eastern United States announced Wednesday the retirement of Charles R. Wesley as Executive Vice President and Director of ARLP’s general partner. His retirement was effective the end of July after he joined the company in 1974 to work for Webster County …

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Sen. Lankford fights infrastructure bill

  While President Biden and Democratic leaders are optimistic about passing their more than $1 trillion infrastructure bill, Oklahoma U.S. Sen. James Lankford is fighting it. He says the $1.2 trillion bill is another example of “excessive spending” by Democrats and continued to speak out this week against the 2,702-page measure. The Senator was interviewed …

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Energy news in brief

** The Energy Information Administration reported an inventory build of 3.6 million barrels of crude oil for the week to July 30. This compared with analyst expectations of a 2.9-million-barrel draw. For the previous week, the EIA had estimated an inventory draw of 4.1 million barrels. ** The Department of Energy issued a proposal on Tuesday to repeal a Trump administration rule creating a new …

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CVR refinery delays renewable diesel production at Wynnewood

  High feedstock prices have interrupted plans by CVR Refinery in Wynnewood to begin production of a proposed 7,000 barrels a day of renewable diesel. Carl Icahn’s company made the announcement this week blaming the high price of feedstock caused by several other U.S. refineries joining in the same kind of operation to produce more …

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