May 19, 2022 archive

Permits to drill for May 19, 2022

Carter County COURBET #3-27-21XHW, May 19 2022 27 1S 3W SWNESESE API: 01926480 Lat: 34.43679583678613, Long: -97.49446093786483 CONTINENTAL RESOURCES INC MU, DR, 22181 ft, SYCAMORE(9925), WOODFORD(9995) Dewey County OMMEN #5-14H, May 19 2022 23 16N 20W NWNENWNE API: 04323751 Lat: 35.85495334259745, Long: -99.29368937282321 DUNCAN OIL PROPERTIES INC HH, DR, 14800 ft, CLEVELAND(9500) Mcclain County TUT #1-9-16-21XH, May …

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Completion reports for May 19, 2022

CARTER COUNTY Scout Energy Management Llc All Zones Producing: Oil 4 Water 374 Pump 31 1S 3W A S Moore 5, December 22, 2021 SH, OIL, TD: 5000 ft Lat: 34.42418, Long: -97.55698 API: 35019239130003 CUSTER COUNTY Kaiser-francis Oil Company Cherokee(11859): Oil 2129 Gas 205 Water 2115 Flow 5 13N 16W Muno 5-13-16 1h, March 24, 2022 HH, OIL, TD: 16863 ft Lat: 35.63784, Long: …

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Harold Hamm’s ownership of Continental shares continues to grow

  Continental’s Chairman Harold Hamm has expanded his share holdings in the oil and gas company he founded in 1967 in Oklahoma. While he has been acquiring shares through multi-million dollar purchases in recent months, Hamm picked up another 10,405 shares at no cost in the past several days. The direct acquisition came at the …

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Thursday brought a rebound in crude oil prices

  After two days of drops in prices, crude oil saw a rebound in Thursday’s trading. Analysts credited a bolstering by weakness in the dollar and the possibility that China might ease coronavirus lockdown restrictions. West Texas Intermediate crude for June delivery went up $2.62 or 2.39% and finished the day at $112.21 a barrel …

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OGE Energy Corp wraps up annual meeting of shareholders

  OGE Energy Corp. virtually held its 2022 Annual Meeting of Shareholders Thursday, electing its board of directors and taking action on a number of items. The company also declared a 41-cent a share dividend for the third quarter.   In voting announced at the meeting, OGE Energy shareholders: Elected nine members of the company’s board of …

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ExxonMobil sells Barnett Shale assets

  ExxonMobil says it is selling its Barnett Shale gas assets in north Texas in a $750 million deal with Denver-based BKV Corporation.  BKV is a company with ownership in Thailand and was founded in 2015 by Kalnin Ventures, the fund manager of BKV Oil and Gas Partners, owned by Banpu PCL, a diversified energy …

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Enverus reports slight dip in rig numbers across U.S.

  The U.S. rig count dipped by one in the last week to 789 as of May 18, according to Enverus Foundations. The count is up 1% in the last month and up 49% in the last year.  Activity levels reached as high as 811 during the last week, which is up by 21 compared …

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Rep. Cole says Biden won’t accept blame for energy crisis

  Oklahoma’s U.S. Representatives in the House didn’t think much of the Democrats and their Consumer Fuel Price Gouging Prevention Act, one opposed by all 5 members who are Republicans. Four Democrats were among those who opposed the measure while every Republican in the House voted against it. The measure, officially known as H.R. 7688, the …

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Oklahoma sees slight relief in diesel fuel prices

  Gasoline prices might be grabbing most of the attention when it comes to fuel prices, but truckers and farms in Oklahoma and across the U.S. are feeling an even bigger pinch. The national average of $5.57 a gallon is its highest on record, two cents higher in the past week and 53 cents more …

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Big 12 claims another national renewable energy championship

    Another Big 12 school has claimed a national championship when it comes to renewable energy efforts. The U.S. Department of Energy (DOE) convened universities and wind energy experts from around the country in the 2022 Collegiate Wind Competition (CWC). Kansas State University rose above 11 other competing teams to claim first place in the annual …

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