July 6, 2020 archive

Completion reports for July 6, 2020

Completion reports filed on July 6, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Mississippi Lime / Mississippian: Oil 343 Gas 2485 Water 773 Flow 36 11N 7W Battleship 1-12-10-7 2mxh, February 15, 2020 HH, OIL, TD: 20650 ft Lat: 35.37791, Long: -97.89130 API: 35017254820000 Citizen Energy Iii Llc Mississippi Lime / Mississippian: Oil 407 Gas 2899 Water 1039 Flow 36 11N 7W Battleship 1-12-10-7 3mxh, February …

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Permits to drill for July 6, 2020

Permits to drill for July 6, 2020. Noble County MONTECRISTO #6-1H, July 06 2020 06 20N 1E SESESWSE API: 10324371 Lat: 36.2320661353014, Long: -97.23490302946624 SEQUOYAH ENERGY HOLDINGS LLC HH, RC, 7363 ft, LAYTON(3794), OSWEGO(4340), SKINNER(4700), RED FORK(4750) Seminole County AMOS #1-26, July 06 2020 26 8N 5E NWNESENW API: 13325309 Lat: 35.14095932104079, Long: -96.75076175079225 HALL GREG OIL …

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Little change in crude futures but prices are above $40

      As the U.S. went back to work following a 3-day July 4th holiday weekend, oil prices notched a slight gain and came to rest at nearly $41 a barrel. Observers say there are continued worries about the lack of demand as COVID-19 still has people backing off wide-spread travel. West Texas Intermediate …

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Energy news in brief

**  Warren Buffett’s Berkshire Hathaway Inc. has announced an agreement to purchase the natural gas transmission and storage assets of utility company Dominion Energy Inc. in a deal currently valued at $9.7 billion in total, including a cash payment of $4 billion and the assumption of $5.7 billion of debt incurred by the Gas Transmission & Storage segment …

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Federal Reserve bank to focus on Oklahoma’s oil crisis

  The Oklahoma City Branch of the Federal Reserve Bank of Kansas City is planning an economic forum this month to discuss the continuing impact of the COVID-19 pandemic along with the oil and gas crisis. Chad Wilkerson, Oklahoma City Branch executive, vice president and economist of the Federal Reserve Bank of Kansas City will …

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Extreme heat wave to smack Oklahoma

Your eyes are not deceiving you. Temperatures of up to 110 are in the forecast for the Oklahoma and Texas panhandles this week as extreme heat is about to slap the state. As Oklahoma Climatologist Gary McManus wrote in his Monday Mesonet report, “For this week, however, the point is the heat is on, and …

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Regulators to consider extending decision to close headquarters

  Oklahoma Corporation Commissioners plan another regular meeting this week where they will attend “in person” but the public will have to rely on video or telephone communications to take part. The Wednesday morning meeting is scheduled to begin at 9:30 and the Commission will consider yet another extension of its COVID-19 responsive order that …

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New Pioneer focuses on state’s latest business efforts

  The July newsletter, New Pioneer, published by the Oklahoma Department of Commerce was released this week. It details a number of business articles across the state including the extension of the main runway of the Jones Memorial Airport at Bristow where U.S. Sen. Jim Inhofe recently spoke. Other articles focus on the assistance given …

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Quintana Energy Services avoids delisting on NYSE

BE Houston’s Quintana Energy Services, the firm set to merge with KLX Energy Services has avoided delisting from the New York Stock Exchange. The two firms are set to complete a merger announced in April. KLX Energy, with a field operations office located in Yukon, Oklahoma announced in May it intended to merge with Quintana,  …

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Tesla stock is improving while company considers new truck plant site

  While Elon Musk decides whether to locate a new Tesla truck manufacturing plant in Tulsa or Austin, Texas, his company’s stock is rising. Tesla’s stock reached fresh records in the holiday-shortened week, helped along by higher than expected second-quarter delivery numbers the electric automaker reported early Thursday.  Morgan Stanley analysts, in a note, said the …

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