February 2020 archive

Three sister wells with nearly 1,600 barrels of oil a day for Chaparral in the STACK

Chaparral Energy reports completion of three wells from a single pad with combined production of nearly 1,600 barrels of oil a day in the STACK. The three Mario wells were drilled at 19 16N 5W or about three miles east of the city of Kingfisher in July 2019. The largest, with production of 776 barrels …

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New Information Technology chief has years of energy industry experience

An I-T expert with years of experience in the state’s energy industry has been named by Governor Kevin Stitt to be the new head of I.T. for state government. Jerry Moore is the state’s new Chief Information Officer.   “Throughout his career, Jerry has exhibited his expertise in the design and management of high-performance, cost-effective …

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Permits to drill for February 13, 2020

Permits to drill issued for February 13, 2020. Haskell County: 04 8N 18E. Trinity Operating USG LLC. Kingfisher County: 31 16N 7W. Paloma Operating Co. Inc.

Completion reports for February 13, 2020

Completion reports filed on February 13, 2020. ALFALFA COUNTY Amplify Oklahoma Operating Llc Mississippian: Oil 229 Gas 1975 Water 6482 Pump 1 24N 12W Lois 2512 36-25xh 1, June 21, 2018 HH, OIL, TD: 16541 ft Lat: 36.59362, Long: -98.44229 API: 35003233110000 CANADIAN COUNTY Chaparral Energy Llc Mississippi Lime(10207): Oil 643 Gas 3589 Water 1847 Flwg 25 11N 7W Everest 1107 6lmh-24, November 02, 2019 HH, …

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Chesapeake shares slip below 50 cents—1st time in 26 years

Lower oil demand predictions by OPEC and the International Energy Agency combined with coronavirus impact resulted in Chesapeake Energy Corp. shares dropping Thursday in trading by 2.80% and below the 50-cent a share mark for the first time in 26 years. It came after the International Energy Agency’s oil demand assessment was released. The IEA …

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Energy news in brief

** The head of the American Wind Energy Association says a Missouri bill to block the Grain Belt Express transmission project would cost the state jobs and access to cheap clean energy. ** Activists gather outside of DTE Energy’s headquarters in Detroit to protest the utility’s long-term energy plan. **  The Association of Big Ten Students, which represents more than …

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Fracking ban bill introduced in US House

  Just a few weeks after Democrat U.S. Sen. and presidential hopeful Bernie Sanders introduced a bill to bank fracking, a similar measure has been introduced in the House. And it came from none-other than one of his companions on the campaign trail, Green advocate Rep. Alexandria Ocasio-Cortez. She and Rep. Darren Soto, a Democrat …

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Lucas warns Fed chairman about interfering with energy investments

Oklahoma Congressman Frank Lucas had some pointed climate questions during a House Committee hearing featuring Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System. Powell went before the House Committee on Financial Services to discuss monetary policy and the state of the economy. That’s when Rep. Lucas, the ranking member of …

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US House wilderness bills get split vote from Oklahoma delegation

Oklahoma’s U.S. House delegation split its vote this week when the House approved a package of wilderness bills that would protect more than one million acres of public land across three states. The measure, H.R. 2546 passed on a 231-183 vote. While the six-bill package picked up support from six Republicans, Oklahoma Republican Representatives Tom …

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Slumping oil and gas affects Oklahoma’s January general revenue fund collections

The slumping oil and gas industry in Oklahoma played a role in  less-than-stellar general revenue fund collections in January. Oil collections were higher than a year ago, but not natural gas. “Oklahoma is on track with the year-to-date figures, but we continue to see softness in the energy sector,” said Steven Harpe, director of the …

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