February 22, 2022 archive

Permits to drill for February 22, 2022

Caddo County FINALLY A GOVERNOR WITH GUTS #1-36, February 22 2022 36 6N 10W NENENENE API: 01522182 Lat: 34.95596415368206, Long: -98.19930738957758 TERRITORY RESOURCES LLC DH, RC, 10680 ft, MEDRANO(7000), MARCHAND SUBTHRUST(8869), CULP(9600) Canadian County LEOTA #2H-1918X, February 22 2022 19 13N 8W SWSWSESW API: 01725364 Lat: 35.580753301358165, Long: -98.09586410381495 CIMAREX ENERGY CO MU, DR, 22000 ft, WOODFORD(11585) …

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Completion reports for February 22, 2022

BLAINE COUNTY Devon Energy Production Co Lp Mississippi Solid(10300): Oil 984 Gas 3059 Water 1084 Flow 23 15N 10W Bradford 23_14-15n-10w 2hx, December 04, 2021 HH, OIL, TD: 21631 ft Lat: 35.75533, Long: -98.23376 API: 35011242540000 CANADIAN COUNTY Citizen Energy Iii Llc Woodford(10873): Oil 119 Gas 1271 Water 959 Flow 33 11N 7W Dries 2h-33-4, July 18, 2021 HH, OIL, TD: 18805 ft Lat: 35.38513, Long: …

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Crude oil gets closer to $100 following Russia’s “invasion” of Ukraine

  As Russian troops entered two breakaway regions of Eastern Ukraine under Putin’s guise as “peacekeepers” and thousands of other troops awaited a possible full-scale invasion of the country, crude oil prices rose under the tension. Global benchmark Brent crude for April delivery went up $1.45 or 1.52% in Tuesday’s trading and settled at $96.84 …

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Delay in agency’s review of $2.2 billion in storm cost requests of 3 utilities

  The Oklahoma Development Finance Authority won’t meet Wednesday after all to consider the request of three more utilities for $2.2 billion in bond requests stemming from the 2021 winter storm in Oklahoma. The ODFA meeting originally scheduled for Wednesday has been cancelled and the next regular meeting of the agency board will be held …

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ONEOK executive to retire

  ONEOK’s Executive Vice President and Chief Administrative Officer, Robert Martinovich is leaving the company. In a filing with the Securities and Exchange Commission this week, the company said he gave his notice of his intention to retire. The company explained Martinovich will remain in his current role until a successor is named. Rob Martinovich …

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Broadband expansion bill to get House committee hearing

State House Republican legislation to bring high-speed internet to 95% of Oklahomans in five years will be heard in committee this week. The creation of an Oklahoma Broadband Office via House Bill 3363 represents Oklahoma’s most aggressive step yet in broadband expansion, which has been a House Republican priority for three years. “With all the …

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High court won’t hear Dakota Access Pipeline appeal

  The U.S. Supreme Court says it won’t hear the appeal of Energy Transfer’s Dakota Access Pipeline stemming from a lawsuit. Dakota Access had appealed a lower court ruling which said the U.S. Army Corps of Engineers had to carry out more environmental reviews of the impact of the line. The Corps had issued an …

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$1.8 billion cash tender offered by ConocoPhillips

  ConocoPhillips announced a cash tender offering totaling $1.8 billion is being made by ConocoPhillips and its wholly-owned subsidiary Concho Resources Inc. In making Tuesday’s announcement, the company said the offer extended to at least 10 different holdings in the company.   The terms of the offer include a termination at midnight, New York City …

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Court to hear Colorado county’s challenge to crude carrying rail line

  A Colorado county fighting a proposed new rail line in Utah will get its chance to be heard in federal court in Washington, D.C. Eagle County situated along Interstate 70 is fighting the Unita Basin line because of the crude oil that it might carry on various routes in Colorado. The line won approval …

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More energy news headlines

** The Washington Post reports that White House aides are reviewing whether to release more oil from the U.S. Strategic Petroleum Reserve if Russia curtails supplies. ** EPA data released shows carbon dioxide and other pollutants from the power sector increased last year over 2020, largely due to reliance on coal-fired power as natural gas prices rose. **Union workers …

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