September 27, 2021 archive

Completion reports for September 27, 2021

DEWEY COUNTY Comanche Exploration Co Llc Mississippian(9395): Oil 573 Gas 6502 Water 650 Flow 12 18N 15W Lou Ann 12-1h, July 12, 2021 HH, OIL, TD: 14801 ft Lat: 36.04402, Long: -98.74517 API: 35043236930000 GRADY COUNTY Ovintiv Mid-continent Inc. Springer(11591): Oil 1502 Gas 2379 Water 755 Flow 1 3N 5W Billy 0305 2ha-12, January 16, 2020 HH, OIL, TD: 18326 ft Lat: 34.75486, Long: -97.67802 API: 35051247840000 …

Continue reading »

Permits to drill for September 27, 2021

Okfuskee County UNIVERSITY #1-7, September 27 2021 07 12N 9E N2S2SWNE API: 10723626 Lat: 35.53178277125353, Long: -96.39487592771137 3FEARNS LLC SH, DR, 3600 ft, BOOCH(3145), GILCREASE(3220), UNION VALLEY(3460) Pittsburg County CLIFTON #2-21/28H, September 27 2021 16 7N 13E NWNWNWSE API: 12124880 Lat: 35.07935273609252, Long: -95.93821794088616 TRINITY OPERATING USG LLC HH, DR, 17500 ft, MISSISSIPPIAN(5650), WOODFORD(6200), SYLVAN(6300) Stephens County …

Continue reading »

Crude prices push $80 mark and Oklahoma energy stocks rise too

  Another big jump in oil prices hit the markets Monday as U.S. crude settled above the $75 a barrel level and European prices approached $80. Tagging along for the ride up were Oklahoma energy stocks. West Texas Intermediate for November delivery rose $1.47 to finish the day at $75.45 a barrel. Global benchmark Brent …

Continue reading »

New royalty owners group formed in Oklahoma

  The Oklahoma Farm Bureau joined four fellow agriculture and mineral owner groups this week to announce the formation of the Royalty Owner Coalition of Oklahoma, a non-profit corporation to create a structured, consistent and strong voice for the interests of Oklahoma mineral owners. Representing approximately 150,000 individual members, the founding organizations of ROCO include …

Continue reading »

Oil and Gas leader warns New Mexico not to be too hasty with methane rules

    While the state of New Mexico is in the process of creating what could very well become the most restrictive methane emissions rules in the U.S., the head of the New Mexico Oil and Gas Association makes a plea for moderation in those efforts. “It is important that any rule consider potential impacts …

Continue reading »

Devon Energy to pay more than $6 million fine for underpaying federal royalties

    Oklahoma City’s Devon Energy agreed to a more than $6 million fine for underpaying and underreporting royalties from natural gas from federal lands in Wyoming and New Mexico the Department of Justice announced Monday. The DOJ said Devon  and its affiliates, Devon Energy Corp. and Devon Energy Production Company LP agreed to pay …

Continue reading »

PSO rate hike goes before regulatory judge

  In a rate hike request opposed by many of its consumers, Public Service Company of Oklahoma is asking for a $243 million base rate hike before Corporation Commissioners. A hearing before an Administrative Law Judge will take place Tuesday morning as PSO continues its pursuit of the request that would include a 7.33% rate …

Continue reading »

Here’s where new drilling is taking place in Oklahoma

  More drilling is planned in Oklahoma’s STACK. Some of the most recent permits to drill were issued for wells in Canadian County. Oklahoma City-based Chaparral Energy Inc. received three permits for wells on a single pad. The MARBLE 1307 #2LMH-34, the MARBLE 1307 #1SMH-34 and the MARBLE 1307 #3SMH-34 will be drilled at 03 12N 7W, a site about …

Continue reading »

FERC’s powers to be reviewed in Senate Committee hearing

  Oklahoma U.S. Sen. James Lankford and others who make up the full Senate Energy and Resources Committee will hold a hearing Tuesday to review the administration of laws within the jurisdiction of the Federal Energy Regulatory Committee. The hearing will feature all four FERC commissioners, Chairman Richard Glick, Mark Christie, Allison Clements and James …

Continue reading »

Bracing for Biden’s methane rules

  New methane rules expected from the Biden administration will have little effect on oil and gas producers in Colorado and New Mexico, where state-level emissions rules are already in place. E& E News reported that’s because those two states already have been working on creating the tightest methane controls across the U.S. Click here for E&E …

Continue reading »