November 9, 2020 archive

Completion reports for November 9, 2020

Completion reports filed on November 9, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian(8932): Oil 248 Gas 1246 Water 845 Pump 27 13N 6W Wiedemann 1306 8-22mh, February 07, 2020 HH, OIL, TD: 13985 ft Lat: 35.57956, Long: -97.82151 API: 35017255280000

Permits to drill for November 9, 2020

Permits to drill issued on November 9, 2020. Beaver County AMEN #3-31, November 09 2020 31 6N 21EC CNE API: 00723300 ENCINO OPERATING LLC SH, RC, 6900 ft, TORONTO(4498), LANSING(4720), CHEROKEE(6050) Beaver County WHISENANT #2-22, November 09 2020 22 5N 21EC CSW API: 00723467 ENCINO OPERATING LLC SH, RC, 7200 ft, LANSING(4733), MARMATON(5534) Beaver County WEABER #1-13, …

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COVID-19 vaccine news prompts jump in energy prices

What a day for energy stocks as some soared nearly 26% as oil futures rose about 8% on news of a promising COVID-19 vaccine. West Texas Intermediate crude on December contracts finished down 35 cents or about 1% at $39.94 per barrel. Benchmark Brent crude rose $2.95 for a 7.48% gain to settle at $42.40 …

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OK seismologist develops new earthquake detection technology

  Oklahoma state seismologist Jake Walter and researchers at the Oklahoma Geological Survey used their time in the COVID-19 lockdowns to develop what they call cutting-edge earthquake detection technology. The Oklahoma Geological Survey announced this week that Walter and others created machine learning or artificial intelligence to identify small earthquakes that would otherwise have been …

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Bridenstine says he’ll leave NASA under a Biden administration

  Jim Bridenstine said Monday he plans to resign as NASA administrator following the apparent election of Joe Biden as President. It’s what he told KRMG radio in Tulsa after Aviation Week had the story on Sunday, saying even if Biden asked him to stay on the job, “right now, the answer is no.” He …

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Devon Energy CEO on ability to survive—“exceptionally strong”

  As Devon Energy reported $92 million net loss in the third quarter of the year, it still had a strong cash flow—strong enough that CEO Dave Hager says the company is capable of staying strong financially in the current economic operating environment. Even with $33 a barrel hedging. Devon’s adjusted core loss was brought …

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OK DEQ Board to meet to consider annual environmental report

  The Oklahoma Environmental Quality Board will meet Tuesday to consider approval of its annually required Oklahoma Environmental Quality Report. Deputy Executive Director of DEQ, Jimmy Givens will give a presentation about the proposed report and the board will consider possible action.  The Oklahoma Environmental Quality Code requires DEQ to prepare the annual report for …

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Oil and Gas industry worries about Democrat control in New Mexico

  Just as the oil and gas industry is fearful of a complete Democrat takeover of the White House, the U.S. Senate and the House, they point to what Democrat control has done in New Mexico, home to part of the prolific Permian Basin. Democrats kept their majority in New Mexico’s Senate and House after …

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Growing water need in Permian Basin

  The September announcement by Tulsa-based NGL Energy of an expanded water solutions program in the Delaware Basin of southeastern New Mexico and far West Texas is an example of a growing need for water handling in the region’s oil and gas exploration projects. Drilling operations might have slowed dramatic in the Permian Basin due …

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Energy news in brief

** Bloomberg reports oil and gas companies expect it will be more difficult to do business on federal land or obtain permits for pipeline projects under President-elect Biden. ** A new report says Nevada will be unable to reach its 2050 emissions target without more ambitious policies, according to the Nevada Independent.  ** The Arizona Republic reports that Arizona’s largest …

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