2020 archive

Chesapeake reorganization plan wins bankruptcy judge’s approval

  A bankruptcy judge in Texas has signed off on the Chapter 11 reorganization plan of Oklahoma City’s Chesapeake Energy. The approval this month came after the company filed reorganization bankruptcy in September. On Nov. 4, the U.S. Bankruptcy Court for the Southern District of Texas signed off on the plan which became effective Nov. 19, …

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Energy news in brief

** More than $500 million worth of Australian coal is on ships anchored off Chinese ports, as a diplomatic spat between the two countries cuts into trade, idles a portion of the world’s dry bulk carriers and threatens to spiral into a humanitarian crisis reported Bloomberg. ** The Associated Press reported a judge on Monday voided permits …

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Completion reports for November 25, 2020

Completion reports filed on November 25, 2020. STEPHENS COUNTY Citation Oil & Gas Corporation Permian(340): Oil 1 Water 128 Pump 36 1S 5W East Velma Perm Unit 27, July 17, 2018 SH, OIL, TD: 1125 ft Lat: 34.43248, Long: -97.67660 API: 35137236020001

Permits to drill for November 25, 2020

Permits to drill issued on November 25, 2020. Creek County DEERE SWD ##1A, November 25 2020 23 16N 8E CSESENE API: 03729464 Lat: 35.850884216246804, Long: -96.42373628082721 LUKE OIL COMPANY SH, DR, 4300 ft, WILCOX(3710), ARBUCKLE(3815)

Crude oil futures made Thanksgiving eve gains–so did some Oklahoma energy stocks

  The day before Thanksgiving left some Oklahoma energy stocks with dessert while others had nothing but an empty bone. It came as crude oil futures rose again in trading in the U.S. and in Europe. A surprise drop in U.S. crude inventories last week spurred the continued drive in oil prices along with the …

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Increased U.S. drilling activity reported this week

  Whether it’s Baker Hughes Co.’s report or the one from the data analysis firm Enverus—they show increased drilling in the past week in the U.S. Oklahoma’s numbers remained steady at 13 rigs compared to the 51 a year ago. The latest U.S. rig count supplied by the data analysis firm Enverus shows an increase …

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Arkansas solar farm acquired by Cubico Sustainable Investments

  The renewable energy company, Cubico Sustainable Investments has added 270 MW of solar to its U.S. generation portfolio including the acquisition of a major project in Arkansas. Cubico acquired Delta’s Edge solar project in Mississippi and the Crossett solar project located in Arkansas. (Crossett solar farm) The Crossett solar project will be among the largest installations …

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Moore—why the US should not rejoin Paris Climate agreement

  Joe Biden’s promise to return to the Paris climate accord, the one President Trump pulled out of, raises questions in the minds of some observers, including Stephen Moore, a writer who contends it will only leave America in last place in the move toward a cleaner environment for the world. Moore, a senior fellow …

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Completion reports for November 24, 2020

Completion reports filed on November 24, 2020. BLAINE COUNTY Chisholm Oil & Gas Operating Llc 32 18N 10W Heffel 32-3, December 08, 2019 SH, DRY, TD: 9335 ft Lat: 35.98721, Long: -98.29703 API: 35011216390001 Pride Energy Company Meramec(9331): Oil 331 Gas 547 Water 527 Flow 35 17N 10W Red Land 1-35h, January 27, 2018 HH, OIL, TD: 14645 ft Lat: 35.89927, Long: …

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Permits to drill for November 24, 2020

Permits to drill issued on November 24, 2020. Blaine County J D #1-16, November 24 2020 16 13N 12W S2S2SENE API: 01122082 Lat: 35.602830795547966, Long: -98.47474469549456 SANGUINE GAS EXPLORATION LLC SH, RC, 12490 ft, CHEROKEE(11000) Canadian County CAREL #4H-2524X, September 30 2020 25 11N 8W SESWSWSE API: 01725632 Lat: 35.39220448923859, Long: -97.9972399639833 CIMAREX ENERGY CO MU, AM, …

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