October 24, 2022 archive

Permits to drill for October 24, 2022

Canadian County BAKER 1107 #2SMH-4, September 02 2022 33 12N 7W SESESWSE API: 01725845 Lat: 35.46495757225433, Long: -97.94239974104475 CANVAS ENERGY LLC HH, AM, 16000 ft, MISSISSIPPI LIME(10116) Kingfisher County PSN&R 1508 #3H-18X, October 24 2022 19 15N 8W NENWSWSE API: 07326942 Lat: 35.75799066404973, Long: -98.0911543181911 OVINTIV USA INC MU, DR, 20163 ft, MISSISSIPPIAN(9408) Kingfisher County PSN&R 1508 …

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Completion reports for October 24, 2022

BLAINE COUNTY Kingfisher Disposal Services Llc 34 16N 11W Pierce 1-34, April 30, 2022 HH, COMM, TD: 15815 ft Lat: 35.81285, Long: -98.35066 API: 35011234160001 CARTER COUNTY Citation Oil & Gas Corporation 22 2S 2W Southeast Tatums Unit 1-16, September 03, 2022 null, OIL, TD: 1200 ft Lat: 34.37022, Long: -97.39965 API: 35019043530003 KINGFISHER COUNTY Bce-mach Iii Llc Oswego(6738): Oil …

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Crude oil trading proved feeble on Monday along with OK energy stocks

  Monday’s trading saw crude oil prices slipping less than 50 cents a barrel as China’s demand for crude in September was weak and puny U.S. business activity limited the fall in prices. Oklahoma energy stocks were also hazy as some stocks saw a 7% gain while others dropped 4-5%. West Texas Intermediate crude for …

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Gasoline prices continue their fall in Oklahoma

  Gasoline prices fell nine cents in the past week in Oklahoma, the same amount that the national average dropped, reaching a national average of $3.79 and an average $3.41 in Oklahoma. Prices have fallen daily since early October, mostly because of lower oil prices and a declining lack of demand by drivers. Oklahoma’s $3.41 …

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Wheels are in fast motion for Hamm’s Continental Resources takeover

  Soon, Continental Resources will be totally in the hands of billionaire founder Harold Hamm and his family. The Oklahoma City-based oil and gas company that he founded in the late 1960s will be private and no longer traded publicly. On Monday, it was formally announced that Omega Acquisition, the newest company founded by Hamm …

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Eastern Colorado residents worry about wind farms

  Concern is growing in Eastern Colorado about the maintenance and cleanup of aging wind farms that have proliferated in the past few decades. Some counties are following what others are doing across the country—creating their own rules in the absence of state regulations according to a report by the Colorado Sun.   Click here …

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New Mexico makes way for more public land wind farms

  The state of New Mexico announced the results of two large public land lease sales for construction of wind farms. Pattern Energy won both bids for a total of 15,000 acres offered by the New Mexico State Land Office. The Carlsbad Current-Argus reported one lease was for 2,318 acres in Lincoln County while the …

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Other headlines of energy stories

** The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it would begin replenishing the SPR once prices fall to $67-$72 per barrel. ** President Joe Biden’s top energy adviser said the oil output cut by Saudi Arabia …

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Waiting on funding of hydrogen hubs

  Oklahoma, Louisiana and Arkansas await a decision by the federal government to hand out $7 billion from last year’s bipartisan infrastructure law that could fund up to 10 regional clean hydrogen hubs. The three states announced their agreement in March to create a bipartisan three-state partnership to create a regional hub for the development, production and …

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Might be more oil releases by Biden administration

  The President’s latest release of 15 million more barrels of oil from the nation’s Strategic Petroleum Reserve might not be the last. If that’s so, any future releases will surely draw more criticism from some Oklahoma congressmen who accused the President of staging a political stunt just before mid-term elections. Interviewed Sunday on CBS’s  …

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