Oil futures finished lower Friday, with pressure attributed in part to downbeat global demand forecasts from major organizations this week, but prices still ended the week higher following declines in U.S. supplies. Oklahoma-related stocks generally finished the week on the upward scale. West Texas Intermediate crude for September delivery fell 23 cents or 0.5% …
The sky-piercing Devon Tower in downtown Oklahoma City bears the name of the oil and gas production company. While the company is located throughout the tower, it also is home to VAST restaurant on the 49th floor. But VAST hasn’t held its daily lunch because of the COVID-19 pandemic. That’s about to change. Chef …
More of the nation’s oil and gas exploration companies are putting their rigs into storage as the COVID-19 pandemic tightens its grip on the industry. The latest Baker Hughes oil and gas rig count slipped to only 244 in the past week while the numbers in Oklahoma remained unchanged at eleven working rigs. The …
The Trump administration’s rollback of rules on methane emissions produced more support from those in congress, including Oklahoma Congressman Markwayne Mullin. He is a co-chair of the House Energy Action Team and joined South Carolina Republican Rep. Jeff Duncan in applauding the administration’s decision. House Republican Whip Steve Scalise of Louisiana also supported them …
Completion reports filed on August 14, 2020. CREEK COUNTY Baugh Allan L Layton(13821): Oil 1 Water 150 Pump 11 17N 7E Mable Willis 13, May 01, 2018 SH, OIL, TD: 1525 ft Lat: 35.96990, Long: -96.53718 API: 35037293910001 Cartledge & Cartledge Oil Company Inc Dutcher(2900): Oil 100 Gas 100 Pump 21 17N 9E Heyburn (Heyburn Bartlesville Unit 10) 10, June 27, 2019 SH, OIL, …
Permits to drill issued on August 14, 2020. Grady County HALE #3-1X36H, August 14 2020 01 3N 6W NWSWNWSE API: 05124794 Lat: 34.756176007894496, Long: -97.78166153896787 GULFPORT MIDCON LLC MU, DR, 22226 ft, SYCAMORE(13854), WOODFORD(14250), HUNTON(14370) Mcclain County MCFALL #1-32, August 14 2020 32 5N 4W SWNENWSW API: 08722012 Lat: 34.86080776370237, Long: -97.6502788028839 RED ROCKS OIL & GAS …
Months after selling nearly 200 producing wells in northern Oklahoma, Austin, Texas-based Remora Petroleum LP has filed for bankruptcy protection. Remora is a private E&P company focusing on the acquisition and development of mature, long-lived producing properties. It owns operated and nonoperated working interests across the Anadarko, Gulf Coast, Permian, Denver-Julesburg and Los …
Straight-hole driller Trans Pacific Oil Corporation is planning on more drilling in northern Oklahoma. The Wichita, Kansas-based company received two permits to drill this week from the Oklahoma Corporation Commission. The permits are for Alfalfa County and involved two wells on a single pad at 32 29N 12W, a site about 5 miles northeast …
The people in charge of the Oklahoma Corporation Commission’s rulemaking process have a problem. They’ve asked operators statewide for suggestions concerning any recommended changes of the regulatory agency’s Chapter 5 rules. A notice went out on July 14 from the Commission’s Judicial and Legislative Services Division. But in an updated request sent on Friday, …
State-owned Masdar, part of the United Arab Emirates’ Mubadala Investment Corp. is buying a 50% stake in some of the wind, solar and energy storage projects from EDF Renewables North America, a firm with Oklahoma investments. EDF has at least three wind farms in Oklahoma, Rock Falls Wind, Great Western Wind and Cowboy Wind Farm …
