June 8, 2022 archive

Completion reports for June 8, 2022

BEAVER COUNTY Latigo Oil And Gas Inc Tonkawa(5350): Gas 140 Water 3 Flow 19 4N 27E Ralph Barby 2-19, March 17, 2022 SH, GAS, TD: 7305 ft Lat: 36.79429, Long: -100.19808 API: 35007239480001

Permits to drill for June 8, 2022

Garvin County CONCHO 0304 #2-10-3MXH, October 25 2019 15 3N 4W SESWNWNE API: 04925316 Lat: 34.7364318311664, Long: -97.60579052307138 MARATHON OIL COMPANY MU, AM, 24348 ft, SYCAMORE(12600), WOODFORD(13050) Hughes County COOK #2-12.13.24H, June 08 2022 01 5N 10E SENWNWSE API: 06324943 Lat: 34.932432910922365, Long: -96.20228548271457 TRINITY OPERATING USG LLC MU, DR, 17500 ft, MISSISSIPPIAN(5650), WOODFORD(6050), HUNTON(6200) Mcclain County …

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Crude reaches 13-week high

  Crude oil prices on Wednesday jumped to a 13-week high because of increasing gasoline demand. They rose more than 2% while demand for gasoline keeps growing despite increasing prices at the pump. West Texas Intermediate crude for July delivery went up $2.70 or 2.3% to finish the day at $122.11 on the New York …

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Devon Energy expands holdings in the Williston Basin

    Devon Energy Corp. announced it has entered into a definitive purchase agreement to acquire the leasehold interest and related assets of RimRock Oil and Gas, LP, a Warburg Pincus portfolio company, in the Williston Basin for total cash consideration of $865 million. The transaction is subject to customary terms and conditions and is …

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CEO at EV maker Canoo still hopeful about plant in Oklahoma

    Still nothing firm whether EV maker Canoo will be able financially to proceed with its plans to build a manufacturing plant in northeast Oklahoma and locate it headquarters in Arkansas. Weeks after the company admitted it had ongoing concerns about its financial abilities, Canoo CEO Tony Aquila told an Arkansas TV news reporter he …

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Colorado bans PFAS in oil and gas drilling

  The Governor of Colorado has signed a bill into law banning the use of PFAS or per-and polyfluoroalkyl substances in products used for oil and gas drilling. It makes Colorado to become the first state to bank the PFAS in oil and gas industry use and the law becomes effective Jan. 1, 2024 reported …

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Government says high energy costs will be with us in 2023

  Forget about holding your breath if you think high energy prices in the U.S. might take a sudden drop this year. The federal government’s own forecast, one from the U.S. Energy Information Administration, expects prices to remain historically high through next year! The EIA’s June 2022  Short-Term Energy Outlook says prices will be high through most …

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Lucas warns Democrats to cut red tape to solve methane problem

  At a congressional hearing on methane emissions, Oklahoma Congressman Frank Lucas warned Democrats the nation doesn’t need to ban or tax methane in any way. It’s what he warned in an opening statement at a hearing held by the House Committee on Science, Space and Technology where Rep. Lucas is the Ranking member. The …

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Gas prices hit all-time high in Oklahoma

  Gasoline prices in Oklahoma are rising almost faster than you can fill up your car tank. Prices for regular gasoline reached an all-time average high of $4.54 a gallon in the state on Wednesday, according to AAA’s gas report. That’s a 5-cent-a-gallon jump in one day and 33 cents higher than a week ago. …

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Energy news headlines of other stories

** The Interior Department’s Bureau of Ocean Energy Management began an environmental review of US Wind LLC’s proposed offshore wind project about 10 miles off the coast of Maryland, which could include up to 121 turbines and potentially power 650,000 homes in Delaware and Maryland according to POLITICO. ** Louisiana is looking into the source of a …

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