September 2022 archive

Permits to drill for September 30, 2022

Canadian County FAIRWEATHER 1207 #2SMHX-13-12, November 16 2021 13 12N 7W SESWSESE API: 01725731 Lat: 35.50865861682166, Long: -97.88698409875126 CANVAS ENERGY LLC MU, AM, 19900 ft, MISSISSIPPIAN(9358), WOODFORD(10660) Canadian County HICKMAN 1109 #10-15-1MXH, September 30 2022 03 11N 9W SESESWSE API: 01725863 Lat: 35.44063200921681, Long: -98.13587627853445 CAMINO NATURAL RESOURCES LLC MU, DR, 23132 ft, MISSISSIPPIAN(12275), WOODFORD(12651) Garvin County …

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Completion reports for September 30, 2022

completions: none were processed today

Supreme Court to hear Idaho couple’s challenge to EPA’s wetlands rule

  Supreme Court justices on Monday will hear arguments in a case that could rock the Biden administration’s efforts to be more restrictive with the country’s clean water  regulations. The Court will consider the case of Idaho landowners Michael and Chantell Sackett who have been battling the federal government since 2007 when they planned to …

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Crude oil and OK energy stocks investors nervous about OPEC+ meeting

  While crude oil prices in the U.S. dropped into the $70s on Friday, they also made their first weekly gain in more than a month. Oklahoma energy stocks finished mixed for the day. Analysts are eager to see whether OPEC+ on Wednesday might agree to cut crude output. West Texas Intermediate crude for November …

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Oil and gas rig numbers see little change nationally and in Oklahoma

  The latest rig report from Baker Hughes showed Oklahoma’s count slipped by one to 64 while nationally, the count gained one to reach a total of 765. Baker Hughes reported Oklahoma’s count of 64 compared to 40 a year ago. Nationally, the count included a gain of two oil rigs for a total of …

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Appeals Court supports Devon Energy in pipeline explosion lawsuit settlement

  The Denver Federal Court of Appeals upheld an Oklahoma City Federal Judge’s ruling in favor of Devon Energy which had been sued over an agreement settling compensation for two workers hurt in a 2018 gas-line explosion. Devon had been involved in a compensation issue with the two injured workers for Line Finders, an excavation …

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Denver appeals court to decide on drilling around New Mexico’s Chaco Region

  The Denver Federal Appeals Court heard a challenge to allowing more oil and gas exploration around the historic Greater Chaco Region of northwest New Mexico. Arguments before the U.S. Court of Appeals for the 10th Circuit focused on more than 370 drilling permits granted by the Biden administration reported WildEarth Guardians. Click here for …

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Study shows most firms don’t link CEO salaries to emissions cuts

  In a recent study conducted by the environmental group As You Sow, Oklahoma City’s Devon Energy didn’t fare well, getting a grade of D+. On the other hand, so did a lot of other energy and manufacturing companies. Forty-six of them in fact. So Devon wasn’t alone. The study focused on pay disclosures of …

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Other energy headlines

**  President Joe Biden’s administration said Venezuela freed seven detained Americans, including several oil executives and a former US Marine, in a swap involving two imprisoned members of Venezuelan leader Nicolas Maduro’s family. ** Toyota Motor Corp President Akio Toyoda said California’s new zero-emission requirements that seek to end sales of new gasoline-only vehicles by 2035 …

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New chair named to run Arkansas Public Service Commission

  The governor of Arkansas has appointed an administrative law judge to take over as chair of the Arkansas Public Service Commission, replacing Ted Thomas who is retiring. Click here for Arkansas Business