June 9, 2020 archive

Completion reports for June 9, 2020

Completion reports issued on June 9, 2020. CARTER COUNTY Chatham Jimmy R 16 1S 3W Hall Moore Pennington (E F Pennington 2) 1-2, May 22, 2020 SH, OIL, TD: 2851 ft Lat: 34.47507, Long: -97.51323 API: 35019031240002 CREEK COUNTY Enterprise Energy Exploration Inc Dutcher(2750): Oil 5 Water 50 Pump 32 15N 10E Dana 1-32, March 25, 2020 SH, OIL, TD: 3352 …

Continue reading »

Permits to drill for June 9, 2020

Permits to drill issued on June 9, 2020. Garfield County KISNER #54, April 02 2019 19 22N 3W NWNWNENW API: 04701256 Lat: 36.37565670407387, Long: -97.56369807555531 M M ENERGY INC SH, AM, 2150 ft, FORT RILEY(1050), HOY(1060), WHITNEY 451WTNY 1240 8 GARBER /PERMIAN/(1940), HOTSON(1400), NEVA(1500), FORAKER(1650), CREWS(1780) Kingfisher County MARY #1507 4H-34XX, March 16 2020 15 15N …

Continue reading »

Oil rebounds both in US and overseas

  Oil prices bounced back upward in Tuesday’s trading in the U.S. and overseas with West Texas Intermediate crude seeing a 75 cent gain, finishing the day up 2% at $38.94 a barrel on the New York Mercantile Exchange. Overseas, Brent crude was up only 3 cents to finish at $40.83 a barrel on the …

Continue reading »

Index shows Oklahoma’s oil and gas activity at lowest point in 20 years

As expected, the Oklahoma Energy Index contracted sharply in April.  Oil and natural gas activity fell by 14.3 percent to an index reading of 102.8 – just above the baseline of 100 indexed to the base year of 2000. Total energy activity in the state is now down 44 percent from a year ago with …

Continue reading »

Results of SandRidge Energy’s shareholders meeting

  Oklahoma City’s SandRidge Energy, Inc. reported the results of its 2020 annual meeting of stockholders held on June 5 of this year. Results were made known in a company filing with the Securities and Exchange Commission. Directors Patricia A. Agnello, Jonathan Christodoro, Jonathan Frates, John “Jack” Lipinski and Randolph C. Read were elected. Shareholders …

Continue reading »

Sen. Lankford takes part in examination of government response to pandemic

  As Congress explores the coronavirus pandemic, the one that shut down much of the nation’s oil and gas industry not to mention the critical impact it had on wind and solar energy development, Oklahoma U.S. Sen. James Lankford had some pointed questions during a Senate hearing this week. It was during a Homeland Security and …

Continue reading »

Winds result in unhealthy air advisory from OK DEQ

Those strong 30 mile an hour winds that raced across the western half of Oklahoma on Tuesday resulted in a warning about air quality from the Oklahoma Department of Environmental Quality. Nearly 40 counties were under the DEQ warning and health advisory that said the air conditions caused by the strong winds were “unhealthy for …

Continue reading »

Bankruptcy speculation results in stoppage of Chesapeake Energy trades

    With more speculation about Chesapeake Energy’s reported intentions of moving closer to pulling the trigger on a Chapter 11 bankruptcy filing, shares that jumped 182% on Monday plunged 74% on Tuesday forcing the New York Stock Exchange to halt trading. Reports indicated that the stock market initially stopped Chesapeake shares from being traded …

Continue reading »

ConocoPhillips considers restoring wells to full production

The chairman and CEO of ConocoPhillips says the company is giving careful consideration to returning most or all of its wells to full production. In a video-taped interview, Ryan Lance said the goal is to “bring investors back into the business.” He also revealed about a third of the company’s wells are shut-in because of …

Continue reading »

Refinery operators in Wyoming say it’s not easy meeting biofuels standards

Wyoming petroleum refineries say meeting the federal government’s Renewable Fuel Standard can be tough, and a recent court ruling could make it harder. It’s a court ruling that was against a refinery operator in Oklahoma. Click here to read story from the Casper Star Tribune.