July 13, 2022 archive

Permits to drill for July 13, 2022

Payne County RIPLEY #2, July 13 2022 06 18N 4E SESENESE API: 11924457 Lat: 36.06262589610578, Long: -96.90956250048049 ENCORE OPERATING INC DH, DR, 4260 ft, PERU(3300), RED FORK(3660), BARTLESVILLE(3750), SIMPSON(4100), WILCOX(4160) Tillman County STONE #3, July 13 2022 07 3S 18W NWSENWNE API: 14120534 Lat: 34.31753001400617, Long: -99.12177066673922 AC OPERATING COMPANY LLC SH, DR, 5500 ft, HENDERSON(3200), CANYON(3300), …

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Completion reports for July 13, 2022

MCCLAIN COUNTY Twisted Oak Operating Llc 3 7N 3W West Goldsby Osborn Unit T-21-2 Wsw, June 06, 2022 null, WATER, TD: 7005 ft Lat: 35.10782, Long: -97.50032 API: 35087223490000 OKFUSKEE COUNTY 3fearns Llc 7 12N 9E University 3-7, April 17, 2022 SH, PLUG, TD: 3565 ft Lat: 35.53104, Long: -96.39915 API: 35107236290000 3fearns Llc Gilcrease(3217): Oil 18 Pump 7 12N 9E P. …

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New producers reported in Oklahoma’s STACK play

    Nearly 2,400 barrels of oil a day were reported as the combined production of two single-pad wells in Canadian County. Ovintiv Inc., in reports filed this week with Oklahoma regulators said the Peters 1407 4h-15x, located at 15 14N 7W, a site about 3 miles southeast of Okarche, had initial production of 1,375 barrels of …

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Two workers killed in Colorado coal pile collapse ignored safety rules

  A federal investigation will likely show the two workers killed in the collapse of a 60-foot coal pile at a power plant in Pueblo, Colorado were at fault by ignoring federal safety rules. Colorado Public Radio reported the two workers had climbed atop the pile to clear an air pocket that had prevented coal …

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Energy news in brief around the US and world

** Democratic lawmakers on Tuesday asked U.S. customs officials to explain why three major Chinese solar energy companies were excluded from a list of importers whose products are banned under a new law aimed at cracking down on forced labor. ** White House sources say the Biden administration is opening the door to approving major fossil fuel projects — …

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Crude oil made weak recovery–so did OK energy stocks

  U.S. oil prices managed a weak recovery in Wednesday’s trading but still finished a few dollars short of $100 a barrel. The gain was made reports showed America’s oil inventories rose and following news of a more than 9% inflation rate in June—something that will likely spur the Federal Reserve to bump interest rates. …

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Hamm’s “take private” offer under review by Continental directors

  The Board of Directors at Oklahoma City’s Continental Resource, Inc. indicated this week it has moved to explore founder Harold Hamm’s $70-a-share offer in a bid to take the company private. His $4.4 billion cash “take private” offer was made in mid-June and the Board confirmed Wednesday it had formed a special committee of …

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2Q earnings report coming soon from Laredo Petroleum

  The second-quarter 2022 earnings report from Laredo Petroleum will be released on Wednesday, August 3. The Tulsa company announced the release will be made after the market close on that day. Company leaders plan to hold a conference call the next day, Thursday, Aug. 4 at 7:30 a.m. central time to discuss the results. …

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OGE defends rate hike—says rates are still lowest in the U.S.

  After negotiating a down-sized rate increase of $30 million, Oklahoma Gas and Electric defended the hike to consumers, saying in a newsletter this week that its electric rates are still among the lowest in the nation. In a note to consumers this week, the utility said its residential rates are around 30% below the …

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Kansas lands $4 billion mystery battery plant over Oklahoma

    Oklahoma came out on the losing end in a race with Kansas to see who might land a proposed $4 billion EV battery plant operation, one that tantalized leaders in both states. Nikkea Asia reported Wednesday afternoon that Panasonic chose Kansas over Oklahoma as the site for a second U.S. electric vehicle battery …

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