2020 archive

Senator Inhofe urges Commerce leader to adopt oil import tariffs

Senator Jim Inhofe had a personal phone call this week with the Commerce Secretary in which he encouraged the adoption of tariffs to oil imports from Saudi Arabia and Russia. The Senator spoke Monday with Secretary Wilbur Ross and the two discussed 232 national security tariffs including those on oil imports which have added to …

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ONEOK to hold ‘virtual’ annual meeting

ONEOK announced this week that it’s upcoming annual on May 20 will be a virtual meeting because of the COVID-19 pandemic. In order to protect the health and well-being of shareholders, employees, directors and the public, the company decided its annual meeting of shareholders would be a virtual meeting only. No in person gathering. The …

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EOG finds site with production of 3,200 barrels of oil a day

Oklahoma’s SCOOP is the site of a single pad with four wells producing a combined total of nearly 3,200 barrels of oil a day. The EOG Resources Inc. operation is in Grady County in the community of Bridge Creek where the Livingston 0112 wells had August 2019 spud dates at 12 9N 5W. One had …

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Enterprise to lay off 329 workers in Oklahoma

  When no one is traveling because of the coronavirus pandemic, car rental companies suffer. And as a result, Enterprise-Rent-a-Car in Tulsa is laying off 329 employees. A mass layoff. Two of the firm’s companies in Tulsa, EAN Services and Enterprise Holdings issued WARN notices this week with the Oklahoma Office of Workforce Development indicating …

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A parking lot of stored jetliners

  The impact of the coronavirus has left airports empty including Oklahoma City’s Will Rogers and the Tulsa International Airport where major airplanes operate. Or they did until air travel plummeted faster than a nose-diving airliner. The daily roar of airliners departing Will Rogers is gone for now as is the approach of airliners over …

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Completion reports for April 27, 2020

Completion reports filed on April 27, 2020. CANADIAN COUNTY Ovintiv Mid-continent Inc. Mississippian(8234): Oil 426 Gas 610 Water 677 Flow Woodford(9337): Oil 426 Gas 610 Water 677 Flow 19 14N 6W Wm Wallace 1406 6h-18x, October 16, 2019 HH, OIL, TD: 19238 ft Lat: 35.66832, Long: -97.87524 API: 35017254270000 GRADY COUNTY Eog Resources Inc Woodford(9464): Oil 892 Gas 1268 Water 3727 Flow 12 9N 5W Livingston 0112 3h, February 10, …

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Permits to drill for April 27, 2020

Permits to drill issued on April 27, 2020. Grady County WILLY-T #SWD 1, April 27 2020 36 8N 7W SWSWSESW API: 05124782 Lat: 35.117257472383564, Long: -97.89398233290443 LAGOON WATER LOGISTICS LLC SH, DR, 8990 ft, SHAWNEE(5440), HEEBNER(6730), TONKAWA(7290), WADE(7542), COTTAGE GROVE(8470)

Oil drops 25% in Monday’s trading

  U.S. oil prices took another nose dive Monday as worries grew as quickly as the Cushing storage tank farm filled with oil because of the coronavirus pandemic. Futures dropped nearly 25% as West Texas Intermediate finished the day at $12.78, a drop of $4.16 or 24.56%. At one point, the WTI traded as low …

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Petroleum Alliance stands with Governor Stitt

Oklahoma’s largest oil and gas group, the Petroleum Alliance of Oklahoma came out Monday in support of Gov. Kevin Stitt’s request to President Trump of federal government protection for the industry because of an “act of God.” Gov. Stitt said the COVID-19 Pandemic should be declared a “Force Majeure” or “Act of God” and that …

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The People of Oklahoma Oil and Natural Gas are Providing Virtual Classroom Lessons

The people of Oklahoma Oil & Natural Gas are providing virtual classroom lessons that are taught by certified Oklahoma teachers and aim to provide students with supplemental lessons during distance learning. Developed by the Oklahoma Energy Resources Board (OERB), the OERB Virtual Classroom is an innovative, free program that provides fun, hands-on solutions to keep …

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