October 20, 2022 archive

Permits to drill for October 20, 2022

Grady County HARLEY #1H-30-19, October 20 2022 30 8N 7W S2S2SENW API: 05124979 Lat: 35.13930057596021, Long: -97.98110686746433 CITIZEN ENERGY III LLC MU, AM, 21800 ft, MISSISSIPPIAN(14250), WOODFORD(14350) Grady County HARLEY #2H-30-31, October 20 2022 30 8N 7W CS2SENW API: 05124980 Lat: 35.13935552313978, Long: -97.98110686301422 CITIZEN ENERGY III LLC MU, DR, 23000 ft, MISSISSIPPIAN(15000), WOODFORD(15100) Grady County HARLEY …

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Completion reports for October 20, 2022

CARTER COUNTY Mack Energy Co Commingled: Oil 20 Gas 1 Water 411 Pump 6 2S 2W Amy 1-6, June 27, 2022 SH, OIL, TD: 3912 ft Lat: 34.40750, Long: -97.45022 API: 35019259500001 Scout Energy Management Llc Deese(3042): Oil 3.24 Water 28 Pump 34 1S 3W Walter Neustadt 11, August 02, 2022 SH, OIL, TD: 4042 ft Lat: 34.42246, Long: -97.49790 API: 35019037620001 CUSTER COUNTY Continental Resources …

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Crude oil unsettled in Thursday’s trading while OK energy stocks fell

  Thursday’s crude oil prices reflected growing worries about inflation and its impact on the demand for oil. While US prices managed a small gain, overseas prices fell. West Texas Intermediate crude for November delivery went up 43 cents or .50% to settle at $85.98 a day on the New York Mercantile Exchange. Global benchmark …

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Oklahoma joins probe of Net-Zero Banking Alliance

Oklahoma Attorney General John O’Connor announced that his office and 18 other attorneys general have served six major American banks with civil investigative demands, which act as a subpoena, asking for documents relating to the companies’ involvement with the United Nations’ (UN) Net-Zero Banking Alliance. The banks under investigation include Bank of America, Citigroup, Goldman …

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Partnership promotes energy jobs in Oklahoma

  This week was Careers in Energy Week as Oklahoma Gas and Electric and Oklahoma State University-Oklahoma City joined efforts to encourage job seekers to explore energy work as a career path. Specifically, those taking part in the job-seeking were encouraged to consider employment from chemical and electrical engineering to oil rig and electric utility …

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Details of Harold Hamm’s takeover of Continental Resources

  Details of Harold Hamm’s $4.3 billion takeover of Continental Resources were made known this week in filings with the U.S. Securities Exchange Commission. In two separate filings, Hamm and his Omega Acquisition, Inc., the firm merging with Continental Resources to complete the takeover, offered detailed ownership of company shares by the Hamm family and members …

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Solar farms to be new source of tax revenue?

  While the Oklahoma Supreme Court ruled this week against taxing production tax credits used by the state’s wind farms, legislators in nearby Missouri are exploring how to tax solar energy farms, a matter arising from a Missouri Supreme Court ruling. The high court in Missouri ruled in August that a 2013 state law granting …

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St. Louis battery firm gets $197 million government grant

  One of the projects funded in the Biden administration’s $2.8 billion in grants to increase domestic manufacturing of batteries for electric vehicles is in St. Louis, Missouri and a subsidiary of a firm headquartered in Israel. ICL-IP America Inc. is one of 20 firms that received grants for project to extract and process lithium, …

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Congressional delegation quiet about Biden’s latest oil move

  They’ve been critical of the President’s use of the Strategic Petroleum Reserve in the past. But Oklahoma’s congressional delegation was mostly quiet after President Biden announced Wednesday the planned December release of 15 million more barrels of oil from the Reserve. Tulsa Rep. Kevin Hern tweeted his criticism of the oil release, saying, “The …

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US offshore wind energy industry to boom in next few years

  Imagine an energy workforce booming from a thousand jobs in 2022 to nearly 58,000 in about 8 years. It’s what the National Renewable Energy Laboratory based in Colorado is predicting for the U.S. offshore wind workforce. It estimates the offshore wind industry will need between 15,000 and 58,000 full-time jobs every year beginning in …

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