A report by Bloomberg indicated that Oklahoma City’s Devon Energy Corp. along with EOG Resources of Houston hold thousands of federal drilling permits—more than other companies. The thousands of drilling permits held by oil and gas companies have been the focus of Biden administration criticism of the energy industry as oil prices climb over …
March 8, 2022 archive
Completion reports for March 8, 2022
CANADIAN COUNTY Paloma Operating Co Inc Mississippi(10535): Oil 123 Gas 1048 Water 1973 Flow 23 12N 8W Golden Snitch 14-12n-8w 2mh, December 01, 2021 HH, OIL, TD: 16265 ft Lat: 35.50700, Long: -98.02373 API: 35017256970000
Permits to drill for March 8, 2022
Blaine County NW COWAN FIU #3-4-9-16XHM, March 08 2022 04 14N 13W NENWNWNE API: 01124307 Lat: 35.72453833955412, Long: -98.58641711057997 CONTINENTAL RESOURCES INC MU, DR, 27649 ft, MISSISSIPPIAN(12530), MISSISSIPPI LIME(12540) Blaine County NW COWAN FIU #3-4-9-16XHM, March 08 2022 04 14N 13W NENWNWNE API: 01124307 Lat: 35.72453833955412, Long: -98.58641711057997 CONTINENTAL RESOURCES INC MU, DR, 27649 ft, MISSISSIPPIAN(12530), MISSISSIPPI …
Crude oil prices hit $123 in U.S. after ban on Russian imports
U.S. crude oil prices rose another 4% on Tuesday as the White House decided it was time to ban Russian oil imports over the invasion of Ukraine. West Texas Intermediate crude for April delivery rose $4.30 or 4.47% and settled at $123.70 a barrel on the New York Mercantile Exchange. It was the highest …
HEAT leaders rip Biden for record high gas prices
Oklahoma congressman Markwayne Mullin and other Republican leaders of the House Energy Action Team or HEAT unloaded more criticism on President Biden this week after U.S. gasoline prices hit an all-time high of $4.17 a gallon. House Republican Whip Steve Scalise of Louisiana was joined by HEAT co-chairs, Rep. Mullin and South Carolina Rep. …
Biden finally bans Russian oil purchases by U.S.
Under growing pressure, not only from Republicans from Democrats as well in Congress, President Biden on Tuesday finally decided it was time for the U.S. to stop buying oil from Russia. It came as Russian soldiers increased their killing of Ukrainian civilians after invading Ukraine 12 days earlier. “Today I am announcing the United States …
Global tech firm to locate North American headquarters in Pryor
Another mystery company is preparing to locate in Pryor’s MidAmerica Industrial Park. The Tulsa World reported it is a yet-to-be-named global tech firm that plans to locate its new North American headquarters in the park. Click here for Tulsa World
Lucas issues cautionary note about climate change efforts
Oklahoma congressman Frank Lucas had some words of caution about investing in the country’s efforts to handle climate change…it’s one thing to put money into brick and mortar projects but it’s quite another to invest in preparation. As the Ranking Republican on the House Committee on Science, Space and Technology, he spoke Tuesday at …
Majors to increase Permian Basin oil production in light of Russian war
At least two major oil companies, Exxon Mobil and Chevron say they are increasing their oil production from the Permian Basin field in West Texas and southeast New Mexico. It is a response to record-high oil prices that came about because of Russia’s invasion of Ukraine. Prices are at their highest levels in 14 …
World’s largest hydrogen storage site planned in South Texas
Hydrogen City, Texas – World’s Largest Green Hydrogen Production and Storage Hub What is being billed as the world’s largest green hydrogen storage hub has been proposed in South Texas by Green Hydrogen International. The company said it plans to construct Hydrogen City, Texas and storage hydrogen in …
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