Completion reports filed on April 30, 2020. CANADIAN COUNTY Ovintiv Mid-continent Inc. Mississippian: Oil 340 Gas 331 Water 611 Flow 19 14N 6W Wm Wallace 1406 7h-18x, October 16, 2019 HH, OIL, TD: 18787 ft Lat: 35.66832, Long: -97.87518 API: 35017254280000 CARTER COUNTY Citation Oil & Gas Corporation 36 4S 2W Bayou (Sullivan 13) 58, October 27, 2018 null, INJ, TD: 3410 …
April 2020 archive
Permits to drill for April 30, 2020
Permits to drill issued on April 30, 2020. permits: none were processed today
Another day of increased oil prices
A second straight day of a more than 20 percent increase in crude oil prices in the U.S. was reported on Thursday as West Texas Intermediate crude for June delivery rose $3.78 a barrel. This as storage at the Cushing hub is about 13 million barrels below its maximum capacity. WTI finished Thursday’s trading on …
Texas regulator comes out against forcing cut in oil production
Texas Railroad Commission Chairman Wayne Christian wrote in an op-ed for the Houston Chronicle that he does not support forcing cuts in crude production in his state — a proposal that will be voted on at a May 5 meeting after a lengthy virtual meeting earlier this month. POLITICO reported Christian writes that “a government mandate cutting oil …
Future of Grain Belt Express in Missouri rests with State House
The full House of Representatives in Missouri is getting a bill that could possibly kill Invenergy’s Grain Belt Express wind energy transmission line that is mired down in controversy in the state. The line is meant to carry wind-powered electricity from southwest Kansas to Illinois but the company’s use of eminent domain has been …
North Dakota to hold hearing on reduced oil production
Regulators in North Dakota are following actions of Oklahoma and Texas to consider requests for mandated reductions in crude oil production. North Dakota regulators have set a May 20 hearing date in which they will hear testimony for and against arguments of some that the current production of crude oil is a waste of energy. …
Wind turbine found badly damaged after Kansas storm
Technicians at NextEra Wind Energy in south central Kansas suspect a strong thunderstorm played a role in causing extreme damage to one of the company’s wind turbines. It was near the small town of Cairo in Pratt County where a blade was broken off and the generator was badly damaged, according to the …
Energy news in brief
** North Dakota regulators will hear testimony next month on whether oil production at current low prices amounts to wasting natural resources, potentially setting the stage for output restrictions. ** New Mexico regulators delay a decision on a proposed solar and storage project to offset the loss of the San Juan Generating Station. ** A federal judge criticizes PG&E for failing to …
More STEP Energy workers laid off in Oklahoma
Canadian company STEP Energy Services added four more employees to its list of those laid off this month at its facilities in McAlester. The company notified the Oklahoma Workforce Development office this week, adding to the 15 who were let go in early April. A notification was also made to McAlester mayor John Browne. With …
A $1.7 billion 1Q loss reported by ConocoPhillips
ConocoPhillips reported a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share, compared with first-quarter 2019 earnings of $1.8 billion, or $1.60 per share. Excluding special items, first-quarter 2020 adjusted earnings were $0.5 billion, or $0.45 per share, compared with first-quarter 2019 adjusted earnings of $1.1 billion, or $1.00 per share. Special items for …
