Completion reports filed on May 5, 2020. BLAINE COUNTY Derby Exploration Llc Mississippian – Miss’ An (less Chester): Oil 352 Gas 3879 Water 605 Flow 8 18N 13W Acre Federal 5-32-1xh, May 04, 2019 HH, OIL, TD: 20230 ft Lat: 36.05651, Long: -98.61580 API: 35011241340001 DEWEY COUNTY Mewbourne Oil Company Cleveland(9000): Oil 196 Gas 519 Water 1627 Flow 15 17N 19W Loreta 10 Nc 2hc, April …
May 5, 2020 archive
Permits to drill for May 5, 2020
Permits to drill issued on May 5, 2020. Seminole County GOFORTH #16, May 05 2020 15 8N 6E S2NWNWNE API: 13320460 Lat: 35.172936128623356, Long: -96.66009559020846 KEENER OIL & GAS COMPANY SH, RC, 4165 ft, CALVIN LOW(2360), RED FORK(2880), VIOLA(3803), VIOLA DOLO(3864), WILCOX 1ST (TRENTON DOLOMITE)(3916), MARSHALL(3967), 2ND WILCOX(3996) Tillman County ATLAS #1-33, May 04 2020 33 …
Devon Energy records $1.8 billion loss in 1Q—plans reduced oil production
While Devon Energy’s leadership maintains the firm’s financial position is “exceptionally strong,” the firm released its first quarter 2020 financial results on Tuesday showing a net loss of $1.8 billion or $4.82 per diluted share. It also indicated it intends to lower oil production in the second quarter of the year. The company said …
Oil prices increase for 5th straight day
Oil futures were up on Tuesday with U.S. benchmark West Texas Intermediate prices seeing a fifth straight gain. Analysts say investors wagered on a slowdown in production and a possible gradual increase in the appetite for the commodity. WTI rose 20%, going up $4.17 a barrel and ending the day at $24.56 on the New …
Regulators consider move to help utilities with unpaid pandemic bills
Oklahoma Corporation Commissioners are being asked to put in writing and take formal action what the Commission staff has already done when it comes to utilities and unpaid bills caused by the coronavirus pandemic. Public Utilities Division Director Brandy Wreath is asking the Commission to formally respond to the COVID-19 and allow an open door …
Texas Railroad Commission rejects statewide oil production cuts
Texas won’t be forcing a reduction in oil production leaving Oklahoma Corporation Commissioners wondering if they should follow suit or go ahead with ordering a forced reduction in crude oil. The Texas Railroad Commission voted 2-1 on Tuesday against a call to enact statewide oil production reductions. At the same time, the regulators voted unanimously …
Lucas Joins Bi-Partisan Delegation In Introducing Universal Broadband Act
Oklahoma Congressman Frank Lucas (OK-03) joined House Committee on Agriculture Chairman Collin Peterson (D-MN) and Dean of the U.S. House of Representatives Don Young (R-AK) in introducing The Universal Broadband Act. The Universal Broadband Act will ensure rural Americans have the opportunity to access reliable broadband services by expanding the Universal Service Fund (USF) contribution base …
DEQ lends hand to local government cleanups
Local governments and nonprofit organizations can submit an application to the Oklahoma Department of Environmental Quality (DEQ) for funds aimed at solid waste improvements. The Oklahoma Solid Waste Management Act (Act) affords DEQ resources to help local governments with things such as cleaning up illegal dumps, hiring environmental enforcement officers, and hosting household chemical and …
Tracking the firms shutting down gas production
Colorado-based East Daley Capital Advisors, Inc. is out with a new report highlighting the decline in natural gas production across the U.S. The energy data and insights company merges commodity and financial analysis and tracked more than 3.1 Bcf/d of natural gas curtailment this week. Low oil prices are leading to widespread oil well shut-ins …
DEQ added to possible emergency rules for oil storage in Oklahoma
A new player has entered the pitch by oil and gas operators to get approval for emergency storage of crude oil at remote sites in Oklahoma—the Department of Environmental Quality. If adopted by the Oklahoma Corporation Commission, the DEQ would have a say whether a remote crude oil storage site would be approved. The …
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