January 24, 2022 archive

Completion reports for January 24, 2022

DEWEY COUNTY Duncan Oil Properties Inc Cleveland(8436): Oil 5 Gas 60 Water 458 Gas Lift 3 18N 19W Rlb 1-34h, August 27, 2021 HH, OIL, TD: 13867 ft Lat: 36.07085, Long: -99.20518 API: 35043237220000 GRADY COUNTY Marathon Oil Company Mississippian,woodf Ord: Oil 1404 Gas 3254 Water 4274 Flow 7 6N 5W Brand 0605 2-18-30wxh, October 05, 2021 HH, OIL, TD: 2598 ft Lat: 35.00268, Long: -97.76611 …

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Permits to drill for January 24, 2022

Alfalfa County PRESNALL TRUST #1-6, January 20 2022 06 24N 12W NWSESWNW API: 00323406 Lat: 36.58853436863745, Long: -98.53106254795028 KLO LLC SH, AM, 7750 ft, CHEROKEE(6006), MISSISSIPPI LIME(6096), WOODFORD(6771), HUNTON(6831), VIOLA(6989), SIMPSON(7176), ARBUCKLE(7488) Dewey County CLEM 16/9 PA #2HS, January 24 2022 16 17N 19W S2S2S2SE API: 04323739 Lat: 35.94288362541429, Long: -99.22606057982817 MEWBOURNE OIL COMPANY MU, DR, 19687 …

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Oil prices slipped in Monday’s trading while OK energy stocks went up

  Another tumble in oil prices happened in Monday’s trading while Oklahoma energy stocks showed a sign of improvement. West Texas Intermediate crude for March delivery fell $1.83 or 2.15% to $83.31 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for March delivery dropped $1.62 to $86.27 a barrel …

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ONG’s $1.3 billion in storm costs to be considered by Oklahoma regulators

  Oklahoma regulators will take up the request of Oklahoma Natural Gas for securitization of its extreme costs stemming from the February 2021 winter storm. The matter was continued last week and Corporation Commissioners will meet at 2:30 p.m. to possibly vote on the request. ONG asked for the use of ratepayer-backed bonds to cover …

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OK Supreme Court to air OGE storm cost hearing as more protests are filed

  The Oklahoma Supreme Court has decided to live stream the public hearing Wednesday of a move by Oklahoma Gas and Electric to use up to $800 million in state bonds to cover its February 2021 storm costs. In a filing Monday, Chief Justice Richard Darby announced that the approaching referee hearing would be live-streamed …

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NGL’s quarterly results coming in a few weeks

  NGL Energy Partners plans to issue its fiscal 2022 third quarter financial results early in February. The Tulsa-based company announced it will release the earnings report after the close of markets on Wednesday, February 9, 2022. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, February 9, …

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Oklahoma utilities face push for more storm cost transparency

  A division of the Oklahoma Corporation Commission is moving ahead with a request of regulators to require five major utilities in Oklahoma to reveal more details about their February 2021 storm costs. It is considered a move to make the utilities more transparent in what they are asking of the commission. The Public Utilities …

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Grain Belt Transmission line process works eastward

      The company behind a proposed wind powered electrical transmission line stretching from southwest Kansas to the East Coast has started the regulatory effort in Illinois. Invenergy transmission, LLC has gone before the Illinois Commerce Commission for the proposed Grain Belt Expressway transmission line reported WLDS Radio in Illinois. Click here for WLDS …

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Black Rock blackballed in Virginia over greenhouse gas efforts

  The movement hasn’t hit Oklahoma yet, but BlackRock, the world’s largest asset manager with nearly $10 trillion under its management and a major player in Oklahoma energy projects is targeted by West Virginia for its greenhouse gas emissions reduction efforts. State treasurer Riley Moore recently told Fox News that investing in BlackRock would be “a …

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Experts suspect wastewater disposal wells are behind earthquakes in central Kansas

  Oil and gas drilling operations—namely the disposal of wastewater through disposal wells are being blamed for an increase in earthquakes around Salina, Kansas, the city that sits squarely in the middle of the state along Interstate 70. Earthquakes have been on the increase over the past few months. The Salina Journal reported the county …

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