December 1, 2022 archive

Permits to drill for Dec. 1, 2022

Canadian County JACOBS 23_14-13N-9W #2HX, December 01 2022 23 13N 9W NWSESESW API: 01725506 Lat: 35.58137392380575, Long: -98.12966139269898 DEVON ENERGY PRODUCTION CO LP MU, DP, 22079 ft, MISSISSIPPIAN(8950), WOODFORD(10550) Ellis County ANNE 2/35 MD #1H, December 01 2022 02 18N 24W S2S2S2SW API: 04523880 Lat: 36.057869551723364, Long: -99.73429294221016 MEWBOURNE OIL COMPANY HH, DR, 19700 ft, CHEROKEE(9600) Grady …

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Completion reports for Dec. 1, 2022

BLAINE COUNTY Devon Energy Production Co Lp Mississippi Solid(10300): Oil 576 Gas 3770 Water 825 Flow 24 15N 10W Edward 25_36-15n-10w 2hx, August 26, 2022 HH, OIL, TD: 21210 ft Lat: 35.75449, Long: -98.21736 API: 35011242680000 CANADIAN COUNTY Camino Natural Resources Llc Woodford(9915): Oil 48 Gas 708 Water 2864 Flow 29 12N 7W Cattlemans 1207 32-5-2wxhr, September 05, 2022 HH, OIL, TD: 18256 ft Lat: 35.48062, …

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Inhofe and Lankford vote for government intervention in possible rail strike

  Oklahoma U.S. Sens. Jim Inhofe and James Lankford were among those in the Senate who passed legislation Thursday to avoid a nationwide rail strike, sending the measure to the White House for President Biden’s signature. The vote was 80 to 15 with Kentucky Republican Sen. rand Paul voting present. “There are no good options …

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US crude prices rose again while some Oklahoma energy stocks suffered badly

  Thursday’s trading saw crude oil prices in the U.S. rise again while global oil prices slipped largely because of a weak U.S. dollar. But the day’s trading also brought a dramatic loss for ONE Gas Inc. and others. West Texas Intermediate crude for January delivery went up 67 cents to close at $81.22 a …

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Keep Oklahoma Beautiful honors for Galvanic Energy

  Oklahoma City-based Galvanic Energy, a company hoping to tap the EV battery industry with development of lithium production, was named the Vanguard Award winner by Keep Oklahoma Beautiful. The award was given to Galvanic Energy for its focus on environmental stewardship as it works to develop domestic resources in support of American battery manufacturing required …

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New airport terminal dedicated at Weatherford

  The Weatherford Stafford Airport had a recent unveiling of a new terminal building. The $1.6 million project took 11 months to build and replaces the former terminal that was part of the Stafford Air and Space Museum and is nearly three times larger than the previous terminal. U.S. Sen. Jim Inhofe was the keynote …

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Coterra Energy enters plea in Pennsylvania water contamination case

  Coterra Energy Inc., a Houston, Texas company with extensive drilling operations in Oklahoma, pleaded no contest this week to criminal charges of contaminating drinking water in a rural Pennsylvania town. The firm agreed to pay millions for a new water supply. The alleged contamination happened more than a decade ago and the plea made …

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Biden’s Energy Department nominees run into blunt opposition

  A Biden Energy Department nominee got blunt criticism and opposition this week from one U.S. Senator who stated the following during a Senate confirmation hearing. “—a former CEO who got fired for his poor investment strategy.   “He’s an activist who’s called for bullying other companies that do not subscribe to his self-described ‘green dream.’  …

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Enverus reports drop in nation’s rig count

    A new rig report from Enverus Foundations indicated a drop in the number of oil and gas rigs actively seeking new energy in the U.S. Enverus reported the nation’s rig count dropped by 14 for the week ended Nov. 30.  The total of 873 active rigs is down 2% from a month ago, but …

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ONE Gas suffers 18% loss in Thursday’s trading after issuing optimistic 5-year forecast

  One day after ONE Gas, Inc., parent company of Oklahoma Natural gas, Kansas Gas Service and Texas Gas Service, issued its 2023 financial guidance, the Tulsa-based firm suffered a major loss in Thursday’s trading. Shares plunged nearly 18% and closed down $15.34 each or 17.64% to $71.61. The dramatic drop came a day after …

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