August 19, 2020 archive

Completion reports for August 19, 2020

Completion reports filed on August 19, 2020. BLAINE COUNTY Triumph Energy Partners Llc Miss’an Lm: Oil 448 Gas 9135 Water 1290 Flow 7 14N 12W Nitzel 2-18 1412mh, June 14, 2019 HH, OIL, TD: 17959 ft Lat: 35.69702, Long: -98.51324 API: 35011241520000 CARTER COUNTY Mack Energy Co Deese(2820): Oil 2 Gas 10 Water 179 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 14-2-i, July 26, …

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Permits to drill for August 19, 2020

Permits to drill issued on August 19, 2020. Hughes County KENNEDY #1-31-30WH, August 19 2020 06 8N 12E NWNWNWNE API: 06324920 Lat: 35.20228655472386, Long: -96.08011506948527 CALYX ENERGY III LLC MU, DR, 14600 ft, MISSISSIPPIAN(4150), MAYES(4300), WOODFORD(4400) Hughes County KENNEDY #2-31-30WH, August 19 2020 06 8N 12E NWNWNWNE API: 06324919 Lat: 35.20228655832176, Long: -96.08006486235386 CALYX ENERGY III LLC …

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A down Wednesday for many Oklahoma energy companies

  After oil futures finished flat in Wednesday’s trading, most Oklahoma energy companies experienced declines. Only a few saw slight increases at day’s end. SandRidge Energy dropped 3 cents or 1.60% to $1.84. Devon Energy suffered a 2.21% or 25 cent drop to end the day at $11.09 a share. Continental Resources ended the day …

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U.S. oil benchmark erases loss, finishes flat after EIA reports drop in gasoline inventories

  The U.S. crude benchmark shook off early losses to end little changed on Wednesday, finding support after government data showing a fall in gasoline inventories soothed jitters over demand as a pandemic-lightened driving season moves into its final stretch. Traders were also keeping an eye on a meeting of an OPEC+ panel that was …

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‘Major discovery” in West Texas made by Fort Worth-area oil company

  Thanks to a partnership with a geoscientist in the Permian Basin, a family-owned oil company is celebrating its largest discovery yet: a 13,000-acre field in Val Verde County holding an estimated 417 billion cubic feet, or 74.2 million barrels, in oil and gas reserves. The Fort Worth Star Telegram reported Barron Petroleum, based in …

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Oklahoma regulators to hold another meeting Thursday

  The Oklahoma Corporation Commission will meet again on Thursday and will take up a recommended continuation of a proration formula for natural gas production. Robyn Strickland, Director of Oil and Gas Conservation Division recommended the commission continue with a 50% proration formula. Her recommendation would cover the period of Oct. 1, 2020 and continue …

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Commissioner says it doesn’t make sense to making more hirings while revenues are falling

    While the COVID-19 pandemic has affected Oklahoma’s oil and gas industry, resulting in dwindling revenues, there is still a growing call by some oil and gas leaders for more hiring at the Oklahoma Corporation Commission. In recent weeks, state legislators as well as Lt. Gov. Matt Pinnell joined about 20 oil and gas …

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Nebraska solar farm highlights tension between cities, electricity wholesaler

    Norfolk, Nebraska is about to get its first solar farm but it will also be the last one allowed because of the way the contract with its electricity wholesaler is written. The contract with the Nebraska Public Power District prevents municipal customers from generating more than 10% of their peak load from alternative …

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New Mexico expects $1 billion in revenue from state trust lands

  Despite the COVID-19 pandemic and its impact on the energy industry, New Mexico is on track to have another banner year as a result of oil and gas drilling and other activities on state trust lands, officials with the State Land Office said this week. The land management agency expects revenue for the recent …

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New Mexico judge rules against environmental group in oil and gas lease fight

    The Bureau of Land Management didn’t violate federal law when it approved oil and gas lease sales in New Mexico, but it must include public participation in future lease sales, a New Mexico federal court said Tuesday. Judge Robert C. Brack issued his ruling in a lawsuit filed by WildEarth, an environmental group …

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