The Oklahoma Energy Producers Alliance is calling on the Oklahoma Corporation Commission to exercise its authority to prevent the waste of Oklahoma’s oil during this unprecedented oil price collapse. “Oklahoma oil is now selling below $20 per daily barrel, which is a price well below its “actual value” and the Oklahoma Corporation Commission should take …
Completion reports filed on April 1, 2020. ALFALFA COUNTY Amplify Oklahoma Operating Llc Mississippian: Oil 207 Gas 876 Water 1213 Pump 1 24N 12W Lois 2512 2 36-25xh, June 20, 2018 HH, OIL, TD: 16446 ft Lat: 36.59367, Long: -98.44229 API: 35003233160000 BLAINE COUNTY Devon Energy Production Co Lp Mississippian Less Chester: Oil 971 Gas 2355 Water 1655 Flow 32 16N 10W Fleenor 5_8_17-15n-10w 3hxx, November …
Permits to drill issued on April 1, 2020. Love County MCCARTY #2-17H, April 11 2019 17 7S 1E SENESESE API: 08521302 Lat: 33.9425697742004, Long: -97.21343510465509 XTO ENERGY INC HH, AM, 20900 ft, CANEY(13489), WOODFORD(14712), HUNTON(14772) Love County ROSE RANCH #1-17H16X21X28, April 11 2019 17 7S 1E SENESESE API: 08521303 Lat: 33.94251756424531, Long: -97.21340872806417 XTO ENERGY INC MU, …
As U.S. crude inventories rose in the past week to their highest level since 2016, oil prices on Wednesday fell again and gasoline demand dropped sharply over the coronavirus pandemic. GasBuddy reported several gas stations in Oklahoma City pumped gasoline at 99 cents a gallon. West Texas intermediate crude fell by 17 cents or 0.8% …
State regulators in Oklahoma are attempting to comply with an order from Gov. Kevin Stitt for all state agencies to identify costly, ineffective, duplicative and outdated regulations. Gov. Stitt issued Executive Order 2020-03 on February 3 of this year and this week, the Corporation Commission’s Petroleum Storage Tank Division launched an effort to identify rules …
The American Petroleum Institute announced Tuesday it would consolidate its state-level advocacy work into regional offices in eight states and close offices in 15 state capitals. The new regional teams will be based in Denver; Springfield, Ill; St. Paul, Minn.; Columbus, Ohio; Harrisburg, Pa.; Boston; Raleigh, N.C.; and Tallahassee, Fla., and are on track …
** Senate Energy and Natural Resources Chairwoman Lisa Murkowski is pressing federal energy statisticians to publish data on oil storage capacity to help domestic producers navigate a flooded global market. ** The Trump administration defended its decision to finalize the rollback of clean car standards during the novel coronavirus crisis, prompting praise from conservatives and lawsuit threats …
Tulsa-based Helmerich & Payne, Inc. says it anticipates lower capital expenditures for the remainder of the year and announced intentions to lower future dividend payments and its remaining 2020 budget. The company said Wednesday that after reviewing its capital allocation policy decided to reduce the future quarterly dividends to $0.25 per share. The decision …
Oilfield services company Nine Energy Service, Inc. announced that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective Wednesday. Guy Sirkes, Vice President, Strategic Development, has assumed the role of Senior Vice President and Chief Financial Officer. Prior to joining the Company in March 2019, he was …
Nearly 40 Texas energy companies announced this week the creation and formation of the Texas Methane and Flaring Coalition, a group created to work on environmental progress. Based in Austin,the Coalition said it would collectively identify and promote operational and environmental recommended practices. The Coalition will evaluate existing data and evidence on flaring and methane emissions …
