July 27, 2022 archive

Completion reports for July 27, 2022

CANADIAN COUNTY Paloma Operating Co Inc Mississippian(9487): Oil 86 Gas 131 Water 1279 Flow 5 13N 7W The Star Bia 8-13n-7w 1mh, April 25, 2022 HH, OIL, TD: 16154 ft Lat: 35.62454, Long: -97.97231 API: 35017257460000 Paloma Operating Co Inc Mississippian(9673): Oil 75 Gas 191 Water 1437 Flow 5 13N 7W The Star Bia 8-13n-7w 2mh, April 25, 2022 HH, OIL, TD: 16735 ft Lat: 35.62454, …

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Permits to drill for July 27, 2022

Coal County TOM MAYER #1-4, July 27 2022 04 1S 10E CNESW API: 02921315 Lat: 34.496561872322644, Long: -96.26131910113436 GLB EXPLORATION INC SH, RE, 8197 ft, CROMWELL(4857) Coal County D5R-I ##2H, July 27 2022 23 3N 10E SWSWSWSE API: 02921428 Lat: 34.70921173735469, Long: -96.22218560156693 CANYON CREEK ENERGY ARKOMA LLC MU, DR, 18000 ft, WOODFORD(6900) Coal County D5R-I ##1H, …

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Record earnings for LSB Industries in OKC

  Oklahoma City’s LSB Industries, Inc. reported record earnings this week, stating that its EBITDA was an all-time highest quarterly in company history. Adjusted EBITDA was $158.1 million compared to $46 million in the second quarter a year ago. Net sales were $284.8 million, up from the $140.7 million recorded in the second quarter of …

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Bice says Biden and Democrats are out of touch

  Congresswoman Stephanie Bice says it’s wrong for the Biden administration to be pushing a Green New Deal agenda while the country’s oil and gas prices remain near record highs. Writing in her weekly column, the Republican Representative from Edmond stated, “Instead of punishing hardworking domestic oil and gas producers, we must remove the Administration’s …

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New wells reported by Canvas Energy

  Canvas Energy LLC of Oklahoma City reported completions of two wells on a single pad producing more than 1,000 barrels of crude oil a day in Canadian County. Located at 3 12N 7W,  a site at the northeast edge of the city of El Reno, the Marble wells were completed in March 2022. The Marble 1307 1smh-34, …

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MidAmerican Energy abandons plan to add 30 wind turbines in Iowa

  Some Iowa residents are celebrating what they consider to be a victory over Big Wind. It’s in Madison County where Forbes called it a win for the power of people. Click here for Forbes

Oklahoma energy stocks had a strong showing as crude prices rebounded

A day after a tumble in trading, crude oil prices managed a Wednesday rebound of more than $2 a barrel and Oklahoma energy stocks had a strong response. It came following a report of lower crude oil inventories in the U.S., a U.S. interest rate hike and cuts in Russian gas flows to Europe. West …

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No delays in Oklahoma’s turnpike expansion plan

  Efforts are moving quickly by the Oklahoma Turnpike Authority to push ahead with its turnpike expansion plan. The Authority on Tuesday signed off on making a $74.8 million payment to engineers reported The Oklahoman. Click here for The Oklahoman

Groups sue to stop nuclear storage site in West Texas

  Environmental groups have filed a lawsuit against the Nuclear Regulatory Commission for its approval of a nuclear storage waste site in far west Texas in the Permian Basin. The suit was filed in the U.S. District Court for the District of Columbia by such groups as the Sierra Club and Beyond Nuclear reported the Carlsbad Current-Argus. …

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Quarterly dividend announced by Alliance Resources

  Tulsa-based Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended June 30, 2022. ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.40 per unit (an annualized rate of $1.60 per unit), payable on …

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