Author's posts
Reuters identifies Panasonic as “mystery” company
Another report indicated it is Panasonic that is the firm looking at Oklahoma or Kansas as the site of a multi-billion dollar plant to be located and bring thousands of new jobs to where ever it is located. Reuters reports that public broadcaster NHK reported Friday Japan’s Panasonic Corporation is looking to locate either …
Gas pump prices soar in Oklahoma over Russian fighting
Faster than you can say “Vladimir Putin,” gas prices are soaring in Oklahoma as state drivers on Friday saw a 9-cent jump in one day to an average of $3.45 as the world watches in horror to what the Russian leader is doing to Ukraine. The growing bloody fighting in the Texas-sized country, where …
Colorado driller hesitant to pour more money into expanded exploration
Colorado drilling giant PDC Energy’s leaders say despite the jump in oil prices over the Russian invasion of Ukraine, they don’t plan on a large expansion of exploration. Instead, following the suit of many other energy companies, they intend to focus on ensuring money in the pockets of company investors reported Colorado NewsLine. Click …
New Mexico regulators say AG is wrong
New Mexico’s Public Regulation Commission is standing up to allegations from the state’s Attorney General that it is not pursing the public interest. AG Hector Balderas, who has been at odds with the regulators over recent issues sent a letter to them this week expressing concern whether the state will have adequate power during …
Kingfisher county wells drilled by Hinkle Oil and Gas
Hinkle Oil & Gas Inc. filed completion reports this week on four Kingfisher County wells with total combined production of nearly 1,400 barrels of oil a day. The Oklahoma City-based company reported that all of the wells were single-pad sites but closely aligned in adjacent sections of land. The Lincoln North Unit 44-5ho and the Lincoln …
PSO announces robotics grants to Oklahoma schools and Girl Scout teams
Public Service Company of Oklahoma announced $22,000 in robotics grants to 19 public schools and Girl Scout teams throughout the state. The grants ranged from $400 to $2,000. The FIRST (For Inspiration and Recognition of Science and Technology) robotics grants program is a nationwide initiative that supports pre-kindergarten through grade 12 student education with an emphasis on …
Russian invasion affects Oklahoma economy
Oklahoma State Treasurer Randy McDaniel says even though February gross receipts to the treasury show a continuing expansion of the state’s economy, the Russian invasion of Ukraine raises concerns for him–including inflationary pressure. McDaniel reported that February gross receipts of $1.06 billion are up by almost 12% compared to the same month last year. He …
Mammoth Energy recorded growing 4Q losses
Mammoth Energy Services, Inc. reported growing losses in the fourth quarter and all of 2021. The Oklahoma City-based company stated its fourth quarter 2021 net loss totaled $13.3 million or 28 cents a share compared to $11.9 million or 26 cents a share for the same quarter of 2020. But the fourth quarter loss …
Permits to drill for March 3, 2022
Alfalfa County FRIEDEN A #1-2, March 03 2022 02 28N 12W NESWSENW API: 00323389 Lat: 36.93624470249894, Long: -98.46176476834553 TRANS PACIFIC OIL CORPORATION SH, RC, 5640 ft, DOUGLAS(4110), LANSING-KANSAS CITY(4360), DES MOINES 404DSMN 4680 8 SIMPSON GROUP(5500), MISSISSIPPIAN(4920), MISENER(5370), SYLVAN DOLO(5380), VIOLA(5420) Carter County FLAMES 3-10-1S-3W #WXH1, February 18 2022 03 1S 3W NENWNENE API: 01926471 Lat: 34.50629126367349, …
Completion reports for March 3, 2022
KINGFISHER COUNTY Hinkle Oil & Gas Inc Oswego(6069): Oil 106 Gas 165 Water 2227 Pump 28 18N 5W Lincoln North Unit 44-5ho, February 07, 2022 HH, OIL, TD: 11717 ft Lat: 36.00062, Long: -97.73893 API: 35073268070000 Hinkle Oil & Gas Inc Oswego(6135): Oil 241 Gas 94 Water 1254 Pump 29 18N 5W Lincoln North Unit 42-4ho, January 24, 2022 HH, OIL, TD: 11710 ft Lat: 36.00074, …
