July 7, 2022 archive

Completion reports for July 7, 2022

BLAINE COUNTY Marathon Oil Company Mississippi Lime(11044): Oil 1272 Gas 4296 Water 986 Flow 30 15N 10W J&m Bia 1510 3-30mh, August 09, 2021 HH, OIL, TD: 16122 ft Lat: 35.75353, Long: -98.30418 API: 35011242100000 ELLIS COUNTY Mewbourne Oil Company Cherokee(9360): Oil 196 Gas 158 Water 1318 Flow 5 19N 25W Eliana 5/32 Nc 1h, January 25, 2022 HH, OIL, TD: 19085 ft Lat: 36.14501, Long: …

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Permits to drill for July 7, 2022

Ellis County LAURA 26/23 MD #1H, July 07 2022 35 18N 24W NENENWNW API: 04523870 Lat: 35.99829294812352, Long: -99.73472853881681 MEWBOURNE OIL COMPANY HH, DR, 20519 ft, CHEROKEE(9950) Ellis County SARAH 35/2 DM #1H, July 07 2022 35 18N 24W NENENWNW API: 04523869 Lat: 35.99829294416072, Long: -99.7345933207313 MEWBOURNE OIL COMPANY MU, DR, 20051 ft, CHEROKEE GROUP(10030), CHEROKEE(10200) Jackson …

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Back above $100 for crude oil

  Crude oil prices managed a turnaround in Thursday’s trading as U.S. prices finished back above $100 a barrel while Oklahoma energy stocks made big gains. West Texas Intermediate crude for August delivery rebounded by $4.20 a barrel to close at $102.73 on the New York Mercantile Exchange. Global benchmark Brent crude for September delivery …

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Crude in storage is unchanged at Cushing hub

  The Cushing oil hub has stopped its crude supply slide as new figures show the amount in storage as of the first of July was the same as a week earlier. The U.S. Energy Information Administration reported Cushing held 21.3 million barrels of oil as of July 1, the same amount reported on June …

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Oklahoma oil drillers active across the U.S.

  This week’s Enverus Foundation rig report showed a decline of one rig, leaving 820 active rigs in the U.S. It also revealed how active Oklahoma players are in the various shale plays around the country, including Devon Energy, Continental Resources and Chesapeake Energy. The count was as high as 833 in the last week, …

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OKC Water Trust keeps high bond rating

  The Oklahoma City Water Utilities Trust recently received a reaffirmation of its bond rating issued by S&P Global Ratings and Moody’s Investor Services. Standard & Poor’s and Moody’s reaffirmed the AAA and Aaa ratings which put the Water Trust among the top 7% and 5%, respectively, for municipal water and wastewater utilities. The reaffirmed …

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COVID cases nag Corporation Commission

  COVID-19 is still causing problems for Oklahoma regulators. At least 13 employees of the Oklahoma Corporation Commission tested positive in June and already this month, two more fell into the same classification. “I don’t think our friend COVID is going away any time soon,” said Brandy Wreath, Director of Administration in an update with …

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Opposition grows in Iowa to carbon capture pipelines

  The three carbon dioxide capture pipelines proposed across Iowa have resulted in a growing coalition of farmers and others fighting the projects. The opponents also include environmentalists and Indigenous groups reported The Guardian. Click here for The Guardian

New Mexico legislators consider gas tax replacement

  Road usage fees. It’s what New Mexico state legislators are considering as electric vehicles hit the highways and more and more vehicles have better gasoline mileage. Members of a Transportation Infrastructure Revenue Subcommittee met this week to discuss how those fees might replace the gas tax which raises funds for highway maintenance and repair …

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8-state EV charging network to be developed

  Eight western states, including New Mexico and Colorado are part of a collaborative efforts to create the largest electric vehicle corridor in the U.S. Leaders reached an agreement to develop the country’s biggest charging network, one that will even offer services into rural areas reported Town Lift. Click here for Town Lift