Permits to drill for March 24, 2020. Grady County MILLS #3-16-21XHW, November 12 2019 16 7N 5W SWNESENW API: 05124734 Lat: 35.083134261949, Long: -97.73451839840256 CONTINENTAL RESOURCES INC MU, AM, 20205 ft, MISSISSIPPIAN(11238), SYCAMORE(11351), WOODFORD(11489), MISENER-HUNTON(11647), HUNTON(11647) Lincoln County BROWN’S LAKE #1-30, January 23 2020 30 14N 6E SWSESWSW API: 08124316 Lat: 35.65258636653527, Long: -96.71288235218366 SOUTHSTAR EXPLORATION LLC …
March 24, 2020 archive
Completion reports for March 24, 2020
Completion reports filed on March 24, 2020. CIMARRON COUNTY Weinkauf Petroleum Inc 23 5N 9E Connolly 1-23, June 18, 2019 SH, OIL, TD: 4390 ft Lat: 36.87949, Long: -102.04726 API: 35025208580000
Sen. Lankford—angry and frustrated with Democrats
A visibly frustrated Oklahoma U.S. Sen. James Lankford took to the Senate floor on Tuesday, angry over the holdup in a Senate vote on the third phase of relief to address COVID-19. He warned that in his home state several businesses are on the brink of closing their doors unless they can get some relief. …
A slight jump in oil prices on Tuesday as ConocoPhillips saw a more than $6 jump in shares
Oil prices rebounded again in trading on Tuesday but not enough to relieve the concern of the nation’s oil and gas industry as prices still remained in the $20s. West Texas Intermediate crude rose 97 cents a barrel, finishing the day at $24.33, a change of 4.15%. Brent crude rose 57 cents in trading, …
Regulators allow Universal Service Fund expansion
Oklahoma regulators have announced they are allowing schools, libraries and health care facilities receiving funding from the Oklahoma Universal Service Fund to temporarily increase bandwidth for their broadband service. Brandy Wreath, administrator of the OUSF maintained by the Oklahoma Corporation Commission made the announcement on Tuesday. He said those eligible facilities who receive the funding …
Solar industry asks congress for help amidst pandemic
More than 500 solar companies are asking Congress for help as the coronavirus takes a toll on their industry. “We are also faced with a reality we can’t ignore: the solar industry could lose up to half its workforce as a director result of COVID-19,” said Abigail Ross Hopper, president and CEO of the Solar …
Schlumberger makes 30% budget cut—warns layoffs are coming
The budget cuts are leading to plans by Schlumberger, the largest oilfield service company in the world and with major operations in Oklahoma to coming layoffs. The company announced it will slash up to 30 percent from its budget as oil activity takes a major hit from the oil price war and the effects of …
Energy news in brief
** PG&E agrees to plead guilty to 84 counts of involuntary manslaughter in connection with 2018’s Camp Fire, the deadliest in California’s history. ** Alaska Gov. Mike Dunleavy (R) called on lawmakers Friday to approve checks of about $1,300 for residents to help offset the economic impacts of the novel coronavirus, using the state’s oil wealth fund. ** A …
Companies slash $1.9 billion in pipeline efforts in Permian Basin
About 10 days after Tulsa’s ONEOK cut its pipeline operations by $500 million, more companies are doing the same in the Permian Basin. ONEOK’s budget cut, combined with others totals an estimated $1.9 billion. This week,Houston offshore oil company Talos Energy also pledged to cut $170 million from its budget. Noble Midstream Partners, Rattler Midstream, …
Nearly 20 earthquakes rattle Oklahoma in 3 days, geologists say
Earthquakes have been recorded throughout Oklahoma in the past few days with at least seven occurring in less than 24 hours. But nearly 20 were recorded since the weekend. The strongest measured 2.5 in Pittsburg County on Monday, March 23 and 2.6 in Dewey County, according to the Oklahoma Geological Society. Close to 20 …
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