Permits to drill issued on July 21, 2020. Canadian County KLADE #1407 2H-3X, January 10 2020 10 14N 7W NWSESWSE API: 01725590 Lat: 35.69782111450725, Long: -97.92978422846953 OVINTIV MID-CONTINENT INC. MU, AM, 18866 ft, MISSISSIPPIAN(8201), WOODFORD(8685) Carter County SW WILDCAT JIM DEESE UNIT #22-2-I, July 20 2020 07 2S 2W NWNESWSW API: 01926400 Lat: 34.39380175023649, Long: -97.45502939446968 MACK …
July 2020 archive
Completion reports for July 21, 2020
Completion reports filed on July 21, 2020. CANADIAN COUNTY Ovintiv Mid-continent Inc. Mississippian(8547): Oil 1290 Gas 1219 Water 1338 Flow 15 14N 7W Klade 1407 6h-3x, May 03, 2020 HH, OIL, TD: 19558 ft Lat: 35.69596, Long: -97.93372 API: 35017255950001 Ovintiv Mid-continent Inc. Mississippian(8723): Oil 1562 Gas 130 Water 1199 Flow 15 14N 7W Klade 1407 8h-3x, May 03, 2020 HH, OIL, TD: 19852 ft Lat: …
Despite Dakota Access court ruling, more pipelines are being constructed
Environmentalists are celebrating a string of wins that put the brakes on three major pipelines last week, but oil and gas industry insiders and even some green groups say those setbacks have barely made a dent in the sector’s growing web of infrastructure. Despite the high-profile courtroom losses by the Keystone XL and Dakota …
Another look at the Chevron-Noble Energy deal
The $5 billion deal made by Chevron to acquire historic Noble Energy, the company that got its start in Ardmore, Oklahoma is still resounding among analysts and speculators. Here are some considerations offered by Bloomberg. Patience is a virtue in M&A, especially in the rocky oil market. Chevron Corp. announced Monday that it …
Oil prices climb by more than 2% to four-month high
Oil futures rose higher in Tuesday’s trading as prices reached their highest level since March. A ripple effect was seen in Oklahoma prices as one firm saw its shares increase nearly 11% in value. West Texas Intermediate crude for August delivery was up $1.15 a barrel or 2.8% to settle at $41.96 after gaining …
Nebraska legislators, scientists make 11th hour bid for climate change study
Some Nebraska legislators are starting a push with environmentalists and others to come up with a climate action plan….one they hope will be approved by the legislature this year. One climate scientist who retired from the University of Nebraska-Lincoln proclaimed, “The implications of this are just incredible for our state–our economy, …
Court order will result in increased rail shipments of Bakken crude oil
If and when the Dakota Access crude oil pipeline shuts down under orders of a federal court, will it lead to increased transportation of crude by rail? Will environmentalists regret their opposition to the North Dakota pipeline? They are big questions that some are raising, and no doubt environmentalists, who voiced opposition in past …
Oklahoma Energy Producers Alliance to hold annual meeting in August
The Oklahoma Energy Producers Alliance is planning an in-person annual meeting next month in Oklahoma City. The one-day event will be held at the Embassy Suites downtown and begin with welcomes by Dewey F. Bartlett, Jr. who is chairman of the Alliance and David Little, president of the organization. A mid-morning session will be …
Oklahoma’s jobless rate nearly cut in half from May
While Oklahoma’s jobless rate tumbled from nearly 13% in May to 6.6% last month, the biggest job loss in June was still in—-you guessed it—the oil and gas sector. An estimated 2,100 jobs were lost in June in the Mining and Logging classification used by the Oklahoma Employment Security Commission which released figures this …
Love’s stores to require COVID-19 protective masks
Oklahoma City-based Love’s Travel Stops announced that as of July 29, the company will require its customers to wear face coverings or masks because of the COVID-19 pandemic. The decision will apply to every Love’s Travel Stop, Love’s Country Store, Love’s Truck Care and Speedco location across the U.S. The company has 540 stores in …