June 25, 2022 archive

OU mourns death of University alum and donor Curtis Mewbourne

  The death of Texas oilman Curtis Mewbourne was certainly felt at the University of Oklahoma where he graduated and later made significant contributions that led to the creation of the Mewbourne College of Earth and Energy and the Mewbourne School of Petroleum and Geological Engineering. Mewbourne graduated from OU with a petroleum engineering degree in …

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Other energy headlines

** Warren Buffett’s Berkshire Hathaway is likely to buy all of Occidental Petroleum once its credit profile improves, according to a Thursday note from Truist Securities. ** Los Angeles officials are considering a ban on the construction of new gas stations as part of a push to curb the development of fossil fuel infrastructure. ** Mercedes-Benz’s electric concept car drove 747 …

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Climate change regulations to be focus of next Supreme Court ruling?

  The next big political decision to come from the U.S. Supreme Court could be climate regulation. As The Hill reported, the court could soon rule in a dispute over whether the Environmental Protection Agency can issue climate regulations for power plants. The court in February heard arguments focusing on the scope of the EPA’s …

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Completion reports for June 24, 2022

BEAVER COUNTY Latigo Oil And Gas Inc Commingled: Gas 66 Water 52 Pump 2 5N 24E Hodges A 2, April 12, 2022 SH, GAS, TD: 6954 ft Lat: 36.92494, Long: -100.43570 API: 35007239580002 HUGHES COUNTY Calyx Energy Iii Llc Commingled: Gas 2373 Water 3285 Flow 28 8N 12E Jasmine 1-28-33wh, May 01, 2022 HH, GAS, TD: 14909 ft Lat: 35.14430, Long: -96.04422 API: 35063249370000 KAY …

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Permits to drill for June 24, 2022

Lincoln County GOOSEN #1-32 HP, June 24 2022 33 14N 5E NWNWNWNW API: 08124336 Lat: 35.65124900415591, Long: -96.7861443436399 PRAIRIE GAS COMPANY OF OKLAHOMA HH, DR, 8260 ft, PRUE(3570) Major County RANDY WHETSTONE #1-22MH, June 24 2022 22 20N 16W NWNENWNW API: 09325282 Lat: 36.20141490789773, Long: -98.90022156039198 CRAWLEY PETROLEUM CORPORATION HH, DR, 13950 ft, MISSISSIPPIAN(9350) Marshall County BEASLEY …

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Big Friday gains for some Oklahoma energy stocks as crude prices rose

  The question on Monday is whether crude oil prices can maintain or increase on the gains they made Friday when they settled up by more than $3 a barrel. The increase perhaps helped some Oklahoma energy stocks as a few had gains ranging from 10 to 15%. Helmerich & Payne along with Chesapeake Energy …

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Texas regulators raised standards to help Cheniere Energy’s LNG plant

  Regulatory documents in Texas reveal state regulators repeatedly raised pollution standards to allow Cheniere Energy’s LNG plant export more liquefied natural gas. Reuters reported documents showed the plant, located on the outskirts of the Gulf Coast city of Portland, Texas violated limits of pollutants hundreds of times. Click here for Reuters

Mewbourne Oil founder dead at 86

  He was called a Texas oil legend.  Curtis Mewbourne, the man who founded Mewbourne Oil Co. died June 23. He was 86. His company is headquartered in Tyler, Texas and operates more than 2,100 wells in Oklahoma, Texas and New Mexico. Click here for Hart Energy