July 14, 2022 archive

Permits to drill for July 14, 2022

Carter County AWU #32, July 14 2022 34 3S 2W SENESENE API: 01926411 Lat: 34.25491951920187, Long: -97.38782871286264 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(300) Carter County AWU #34, July 14 2022 35 3S 2W NWNWSWNW API: 01926413 Lat: 34.255826279428184, Long: -97.38675948127933 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(300) Carter County AWU …

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Completion reports for July 14, 2022

PONTOTOC COUNTY Citation Oil & Gas Corporation Commingled: Oil 6 Water 725 Pump 28 2N 7E East Fitts Unit 16-13, June 17, 2022 SH, OIL, TD: 4150 ft Lat: 34.61631, Long: -96.57801 API: 35123236970001

Extreme heat prompts Oklahoma grid operator to issue advisory

  Electricity demand due to the extreme heat wave in Oklahoma and the rest of the Midwest prompted the regional grid operator, the Southwest Power Pool, to issue a an advisory but one that does not require consumers to conserve electricity. The SPP issued a Conservative Operations Advisory Thursday afternoon for all of its 14-state …

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Crude slipped Thursday–so did OK energy stocks

The continued concern of investors about increased rate hikes in the U.S. as the result of inflation left crude oil prices lower in Thursday’s trading. Investors fear a rate hike might affect the demand for oil. West Texas Intermediate crude for August delivery dropped 52 cents and closed at $95.78 a barrel on the New …

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Nation’s oil and gas rig activity on the increase

  The number of rigs running in the U.S. rose by five in the last week to 826 as of July 13, according to Enverus Foundations data. The count is up 2% in the last month and up 56% YOY. The count reached as high as 836 in the last week, an increase of four …

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Oklahoma regulators to meet Thursday

  Oklahoma Corporation Commissioners will meet Thursday for what is labeled a “regular” meeting. Here is the agenda: Call to order B. Announcement concerning public notice C. Determination of quorum II Consideration of and possible vote(s) on proposed or potential orders in causes on the daily signing agenda docket. At the meeting, the Commission may discuss …

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Other energy headlines

** Berkshire Hathaway Inc, run by billionaire Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% stake in the oil company. ** Partisan debate erupts over the Biden administration’s draft offshore drilling plan, with Senate Democrats saying it doesn’t do enough to fight climate change and Republicans arguing …

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What Kansas gains from Panasonic plant

  Nearly 8,000 jobs. $2.5 billion in annual economic benefit. It’s what Oklahoma missed in this week’s announcement that a $4 billion Panasonic battery-manufacturing plant will be built in Kansas—not Oklahoma. Kansas leaders hailed the announcement of the plant to be located near Kansas City. Gov. Laura Kelly said in a Wednesday afternoon announcement the …

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Devon joins methane emissions transparency movement

    Devon Energy was one of three leading U.S. oil and natural producing companies to announce the joining of a partnership to improve their transparency in methane emissions reporting, an announcement that was hailed by one environmental group. It was also a sign of the growing power of the ESG movement. Devon along with …

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Approval given to Continental’s enhanced oil recovery project in North Dakota

  Continental Resources won approval this week from North Dakota regulators of a proposed 3-mile pipeline to conduct an enhanced oil recovery project. Considered to be one of the most active oil and gas operators in the Williston Basin of North Dakota, the Oklahoma City-based company was awarded a permit by the public service commission …

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