April 2020 archive

DPS closes driver’s license stations in Oklahoma

  Oilfield truckers and those doing maintenance on wind farms in Oklahoma who need to renew their drivers license might have to wait a while because of the coronavirus. As the Tulsa World reported, the Department of Public Safety announced it will disengage from in-person public interactions until further notice in reaction to the continual spread …

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Midland driller lowers oil production

At least one West Texas oil production company has cut its production for the remainder of 2020. Diamondback Energy Inc. announced a 5% cut in oil production and intentions to hedge the majority of its output. With prices of West Texas Intermediate oil sagging to $20.09 in recent days, the Midland, Texas-based company said it …

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Denver oil company cuts budget and executive pay

Another energy company is taking drastic steps to preserve its financial integrity while oil prices are in the mid $20 and the coronavirus results in decreased demand for gasoline. This one is based in Denver, Colorado…..Extraction Oil and Gas confirmed it has reduced its drilling and oilfield development spending by 42%. The company also cut …

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Completion reports for April 2, 2020

Completion reports filed for April 2, 2020. BLAINE COUNTY Devon Energy Production Co Lp Mississippian / Miss’an Less Chester: Oil 1376 Gas 2912 Water 624 Flow 7 15N 10W Fleenor 8_5-15n-10w 2hx, June 21, 2019 HH, OIL, TD: 21019 ft Lat: 35.78387, Long: -98.30082 API: 35011241640000 Devon Energy Production Co Lp Mississippian / Miss’an Less Chester: Oil 1376 Gas 2912 Water 624 Flow 7 15N …

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Permits to drill for April 2, 2020

Permits to drill for April 2, 2020. Canadian County LILLIAN 1405 #3-33MH, April 09 2019 04 13N 5W NESENENW API: 01725436 Lat: 35.635982942034246, Long: -97.73709636623948 RED BLUFF RESOURCES OPERATING LLC HH, AM, 12846 ft, MISSISSIPPIAN(7416) Canadian County LILLIAN 1305 #3-4MH, April 09 2019 04 13N 5W NESENENW API: 01725437 Lat: 35.63598294889599, Long: -97.73719732008414 RED BLUFF RESOURCES OPERATING …

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Trump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

  Oil prices jumped nearly 25 percent Thursday after President Trump announced he believes Russia and Saudi Arabia will cut their flood of oil production by 10 to 15 million barrels. The President first revealed the possible deal in a telephone interview on CNBC, saying the deal should be announced soon by Russian President Vladimir …

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Wells completed here and there in Oklahoma

  As depressed oil prices force more exploration companies to cut their 2020 budgets, the number of completion reports filed with the Oklahoma Corporation Commission is cut as well. The latest include Continental Resources with a 159-barrel a day oil well in Grady County and Devon Energy Production Co. LP reporting a 971 barrel a …

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Energy news in brief

** Oil firms this week renewed a request for the nation’s highest bench to stop Baltimore from pursuing a state court battle for industry compensation for local climate change impacts. ** Montana Gov. Steve Bullock is suspending utility shutoffs during the state’s stay-at-home order. ** A nuclear waste repository in New Mexico has reduced operations over the past three months due to …

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Former OU weather researcher gets another title at the White House

President Trump’s Director of the Office of Science and Technology Policy, former University of Oklahoma weather researcher Dr. Kelvin Droegemeier has just been given more duties by the President. He has been named Acting Director of the National Science Foundation as of the end of March while continuing on as the President’s science adviser. Droegemeier …

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Representatives want suspension of royalties on federal land

  Oklahoma Reps. Tom Cole and Kevin Hern are among 30 Republicans in the House calling on the U.S. Interior Department to temporarily pause or suspend royalty fees from oil, gas, coal and other minerals production on federal lands as the industries suffer from the coronavirus. House Minority Leader Kevin McCarthy was among the 30 …

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