October 14, 2020 archive

Completion reports for October 14, 2020

Completion reports filed on October 14, 2020. CANADIAN COUNTY Triumph Energy Partners Llc Mississippi Solid: Oil 596.79 Gas 7437 Water 755 Flow 19 14N 9W Snyder 6-19-18 1409mhx, September 28, 2019 HH, OIL, TD: 21380 ft Lat: 35.66789, Long: -98.20287 API: 35017253800002 HUGHES COUNTY Calyx Energy Iii Llc Woodford(4565): Oil 10 Gas 7014 Water 3332 Flow 30 9N 12E Truman 6-19-18wh, May 15, 2020 HH, GAS, …

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Permits to drill for October 14, 2020

Permits to drill issued on October 14, 2020. Creek County DEERE ##1 SWD, October 14 2020 23 16N 8E SENWSENE API: 03729463 Lat: 35.852450002549176, Long: -96.42522772151094 LUKE OIL COMPANY SH, DR, 2975 ft, BARTLESVILLE(2800) Hughes County TRUMAN #6-19-18WH, February 28 2020 30 9N 12E SWNWNENW API: 06324910 Lat: 35.23104641990962, Long: -96.08322057547836 CALYX ENERGY III LLC MU, AM, …

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Supreme Court ruling could mean loss of millions of dollars for Oklahoma regulators

  A study of the impact of the recent U.S. Supreme Court ruling that said as much as half of the state of Oklahoma remained Indian reservations shows Oklahoma Corporation Commissioners are bracing for possible loss of regulatory enforcement and revenue. Entitled “Report of Potential Impact”, it was forwarded to Gov. Kevin Stitt per his …

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Energy stocks suffer again in trading

Oil prices jumped but a lot of energy stocks didn’t follow suit, with a few exceptions. Alliance Energy Resources finished Wednesday up 9 cents for a 3.32% gain to $2.80 a share. Blueknight Energy slipped one cent for a 1% drop to $1.34. Chesapeake Energy took a 37 cent tumble or nearly 9% decline to …

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Oil prices finish higher, encouraged by OPEC+ commitment to output cuts

  Oil futures stretched their gains to a second session Wednesday, as Saudi Arabia and Russia reportedly held a discussion by phone, reiterating the OPEC+ commitment to abide by the production-cut agreement. West Texas Intermediate crude for November delivery climbed by 84 cents, or 2.1%, to settle at $41.04 a barrel on the New York Mercantile …

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Climate change and the Supreme Court nominee

  Supreme Court nominee Amy Cony Barrett revealed some of her thoughts about climate change in questioning from U.S. Senators this week. Barrett was  asked about climate change, telling the Senate panel: “I’m certainly not a scientist. … I’ve read things about climate change. I would not say I have firm views on it.” POLITICO …

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OGE completes two solar energy farms in Southeast Oklahoma

  OG&E, the electric utility subsidiary of OGE Energy Corp. announced that it has completed construction of two 5 MW solar energy farms in southeast Oklahoma. Both centers are operating at full capacity. In February, the company announced it would build the two solar energy centers, one in Davis, Oklahoma, and one in Durant, Oklahoma, to help meet the …

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OPEC+ Oil Boost to Leave Market in Precarious Balance, IEA Says

  The International Energy Agency said in its monthly market report that the outlook for oil “remains fragile” due to the pandemic and that, despite OPEC and its allies’ plan to increase oil supplies in 2021, the market has limited space to accept an influx of supply. Meanwhile, a number of the cartel’s delegates have …

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Energy news in brief

** Supreme Court nominee Amy Coney Barrett says in a confirmation hearing that she does not have “firm views” on climate change. ** President Trump signs an executive order committing the U.S. to a global tree-planting initiative, while an order to open a protected national forest to logging is still pending. ** The city of El Paso, Texas, unanimously reaffirms …

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Oil and gas tax collections continue to lag behind estimates

  Oklahoma leaders say general revenue fund collections in September were above the monthly estimate for the second consecutive month. But oil and gas gross production revenue continued to be weak and well below the estimates. General Revenue Fund collections in September totaled $562.8 million, which is $9.5 million, or 1.7%, above the monthly estimate. …

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