September 16, 2020 archive

Completion reports for September 16, 2020

Completion reports filed on September 16, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian: Oil 403 Gas 603 Water 3898 Pump 5 13N 5W Big Muddie 1305 1-5mh, August 01, 2019 HH, OIL, TD: 12988 ft Lat: 35.63683, Long: -97.76212 API: 35017254350000 CARTER COUNTY Mack Energy Co Deese(3070): Oil 35 Gas 20 Water 195 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 10-3-i, July …

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Permits to drill for September 16, 2020

Permits to drill issued for September 16, 2020. Caddo County FLEET ADMIRAL 21-16-10-11 #1HXL, September 16 2020 21 10N 11W NWSESWSW API: 01523316 Lat: 35.32105438295277, Long: -98.37392338172637 LYNX OKLAHOMA OPERATING LLC MU, DR, 17183 ft, HOXBAR(8871) Canadian County SNYDER #6-19-18 1409MHX, January 25 2019 19 14N 9W SESESWSW API: 01725380 Lat: 35.66789311952705, Long: -98.20287521947067 TRIUMPH ENERGY PARTNERS …

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Wednesday was a better trading day for energy firms

Whether it was nervousness over the impact of Hurricane Sally or the jump in oil prices, shares in Oklahoma related energy companies improved in Wednesday’s trading. Some saw increases of up to 7%. Alliance Resource Partners dropped 4 cents or 1.22% to $3.23 while Blueknight Energy Partners gained 3 cents for a 2% increase to …

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Oil futures shoot up and settle above $40

  Oil futures rallied on Wednesday, with U.S. prices ending above $40 a barrel after U.S. government data that showed an unexpectedly large weekly drop in U.S. crude inventories, while production curtailments in the Gulf of Mexico caused by Hurricane Sally worsened. West Texas Intermediate crude for October delivery rose $1.88, or 4.9%, to settle at …

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Oklahoma regulators to meet Thursday

  Oklahoma Corporation Commissioners will hold another virtual meeting Thursday because of the ongoing COVID-19 pandemic. The pandemic has led Commissioner Bob Anthony to call for a discussion and consideration of new aspects of whether the Commission’s headquarters should be opened for “in-person” hearings. His posting for the meeting called to “determine the extent to …

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Devon Energy announces 4Q dividend

  Oklahoma City-based Devon Energy announced a quarterly cash dividend on its common stock for the fourth quarter of 2020. The company’s board of directors approved a dividend of 11 cents a share, same as the third quarter and will be payable on Dec. 30, 2020, based on a record date of Dec. 11, 2020. …

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Energy Alliance names Reps. Hern and Mullin “energy champions”

The American Energy Alliance has named two Oklahoma U.S. Representatives “Energy Champions” for earning perfect scores on key energy votes this Congress. The group identified Rep. Kevin Hern (OK-01) and Rep. Markwayne Mullin (OK-02) and said each had a 100% score. “Energy is the backbone of my district and my state’s economy,” said Rep. Hern. “Energy jobs …

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Rush for permits in the Permian—thanks to presidential election

  If Joe Biden is elected President, oil and gas exploration firms in the Permian Basin want to make sure they have their permits to drill in place. As a result, there is a rush for drilling permits in West Texas and southeast New Mexico and observers attribute it directly to the presidential race. E …

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Drilling firm sues Colorado city over noise ordinance

  A Colorado oil and gas exploration company has filed suit against the city of Broomfield claiming the city has used its regulatory powers to create a noise ordinance targeting the energy firm. The Greeley Tribune reports that Extraction Oil & Gas Inc.  has filed suit against the city and county of Broomfield, saying officials there …

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Wyoming legislators move to eliminate wind farm tax credit

  A Wyoming legislative committee pulled a surprise last Friday and narrowly approved a bill proposing to eliminate a tax credit for new wind energy projects in the state. The Casper Star Tribune reported the issue was not on the agenda and was a surprise to observers. The bill would increase the tax burden on …

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