September 20, 2022 archive

Permits to drill for September 20, 2022

Canadian County LONE WOLF 23_26-12N-8W #4MHX, September 20 2022 14 12N 8W SESESESE API: 01725862 Lat: 35.50870252738256, Long: -98.00876031221564 PALOMA OPERATING CO INC MU, DR, 22000 ft, MISSISSIPPIAN(9800) Dewey County HARRY BUTLER 7/12 PB #1HS, September 20 2022 08 17N 16W SWSWSWSW API: 04323764 Lat: 35.95732295711696, Long: -98.93766870355908 MEWBOURNE OIL COMPANY MU, DR, 18185 ft, CHEROKEE(9120) Ellis …

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Completion reports for September 20, 2022

completions: none were processed today

Crude prices fell and OK energy stocks recorded a weak day in trading

  While investors anticipate a big jump in central bank interest-rates as an attempt to correct inflation and recession, crude oil prices fell on Monday. Oklahoma energy stocks also recorded a weak day in trading. West Texas Intermediate crude for October delivery dropped $1.28 to finish the day at $84.45 a barrel on the New …

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1 million riders on OKC Streetcar

  It took four years, but Oklahoma City recently observed that its OKC Streetcar carried its 1-millionth rider. Happened on Saturday, September 10 according to a report by Fox 25 News. Click here for Fox 25 News

Ribbon cutting ceremony to mark world’s first geothermal energy project from former oil well

  In what is described as the world’s first project to modify retired oil wells into geothermal wells, a ribbon cutting ceremony will be held this week in Tuttle. The Mewbourne College of Earth and Energy at the University of Oklahoma and Blue Cedar Energy will hold the ceremony  Thursday, Sept. 22 from 11:30 a.m. …

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Rep. Lucas encourages more arctic environment research

  From western Oklahoma where he farms and ranches, Oklahoma Congressman Frank Lucas also has a keen interest in what is happening to the climate in the Arctic. Speaking as the ranking member of the House Committee on Science, Space and Technology this week, Rep. Lucas included his thoughts during a hearing on Amplifying the Arctic: …

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Devon will release 3Q results on Nov. 1

  Devon Energy Corp., one of the top active oil producers in the Permian Basin plans to release third-quarter 2022 results on Nov. 1 according to the company’s announcement. The release of the results on that Tuesday will be after the close of U.S. financial markets. The results will be available on the company website, www.devonenergy.com. …

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Empire Petroleum’s new COO reaches employment deal

Months after he was named Chief Operating Officer at Tulsa-based Empire Petroleum, Eugene Sweeney reached an employment agreement with the firm. Empire announced the agreement was reached September 13 and the initial term is two years.  Sweeney was named COO in February of this year and previously was Vice President of Operations since May 2021. …

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Cole—Biden’s Green New Deal weakened our country’s energy security

  Oklahoma Congressman Tom Cole launched another attack on President Biden this week, pointing out that ever since Biden took office, energy production in the U.S. has significantly been slowed by the President….all in the name of Biden pursuing his “unreliable and disastrous Green New Deal.” It’s what Cole charged in his weekly political column …

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Oklahoma City challenges Corporation Commission’s winter storm bond franchise decision

  The Oklahoma Corporation Commission is being dragged back before the State Supreme Court in another constitutional challenge in part over its controversial decision to use bond securitization to help utilities recover costs from the 2021 Winter Storm Uri. Oklahoma City has appealed the Commission’s recent 2-1 decision to let utilities decide if they will …

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