One state leader is optimistic that Tesla’s next manufacturing plant will be located in Tulsa. It’s the belief of Commerce Secretary Sean Kouplen who told the Tulsa World Tulsa is a better site than Austin, Texas, the other major city in consideration. It seems like forever ago that Mayor G.T. Bynum stood at the …
Natural gas prices are down to a territory the industry hasn’t seen since 1995. Natural gas futures were down 7.2% in Thursday’s trading, dropping to a 25 year low at $1.48 per million British thermal units. The last time natural gas closed below $1.50 was in August 1995, when it settled at $1.47. The …
Completion reports filed on June 25, 2020. BECKHAM COUNTY Fourpoint Energy Llc Missourian (upper Granite Wash): Oil 724 Gas 6670 Water 840 Flow 14 10N 25W Rollie 2×11-10-25 1ha, September 18, 2018 HH, OIL, TD: 21800 ft Lat: 35.34851, Long: -99.81830 API: 35009219960000 ELLIS COUNTY Fourpoint Energy Llc Cherokee Group(10163): Oil 610 Gas 4949 Water 2532 Flow 4 17N 23W Seymour 4×9-17-23 1hb, September 22, 2018 …
Permits to drill issued on June 25, 2020. Carter County J H BENNETT 16 #1-31, February 12 2020 31 2S 2W NWSENWNW API: 01904546 Lat: 34.34526084722546, Long: -97.45523846733853 SPRING OPERATING COMPANY DH, AM, 10027 ft, SYCAMORE(4900), WOODFORD(4954), HUNTON(5078), VIOLA(6100), HUMPHREYS(7110), GOODWIN(8270) Rogers County HARRIS SWD #8-10, February 26 2020 10 24N 17E NENENWNW API: 13125443 Lat: 36.58182219155771, …
After two consecutive sessions of a drop in prices, crude oil on Thursday rose nearly 2% to settle at $38.72 a barrel on the New York Mercantile Exchange. West Texas Intermediate crude for August rose 71 cents for the session. Global benchmark Brent crude for August delivery was up $1.17 or 1.8% to …
While the Kansas City Federal Reserve Bank survey finds a slight increase in manufacturing in the district that includes Oklahoma, another survey finds oil and gas producers don’t expect any quick turnaround for the industry. The nation’s oil producers think it will take up to two years for oil output to recover in the …
Oklahoma state Treasurer Randy McDaniel’s monthly Oklahoma Economic Report has been released and in it, he discusses how the state’s oil and gas industry is “hit particularly hard.” He points out how when the price war between OPEC and Russia was initially triggered by a price war in February, West Texas Intermediate crude averaged $50.54 …
The Federal Reserve Bank of Kansas City released the June Manufacturing Survey this week. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity grew slightly after sharply decreasing for three straight months. Activity still remained well below year-ago levels, …
Continental Resources founder Harold Hamm added more than $57 million in shares in his own company this week. A filing made with the Securities Exchange Commission showed Hamm, who is now the company’s Executive Chairman, made the acquisitions on June 22, 23 and 24 of this year. He paid an average price of $16.62 …
For some of those utility customers who were allowed suspensions of their bills due to the COVID-19 pandemic, they now find themselves hit with a buildup of bills as utilities resume disconnects. In some cases, customers find they have to pay 2 to 3 months of unpaid bills or face total cutoff. Those customers …
