January 12, 2021 archive

Completion reports for January 12, 2021

Completion reports issued on January 12, 2021. CARTER COUNTY Citation Oil & Gas Corporation 7 1S 3W Franklin Unit(Drake-crews#1) 1a-1, August 31, 2020 SH, TA, TD: 4944 ft Lat: 34.47861, Long: -97.56131 API: 35019027690000 Citation Oil & Gas Corporation 7 1S 3W Franklin Unit(Drake-crews#1) 1a-1, August 31, 2020 SH, TA, TD: 4944 ft Lat: 34.47861, Long: -97.56131 API: 35019027690003 …

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Permits to drill for January 12, 2021

Permits to drill issued on January 12, 2021. Carter County WILL’S #1, January 12 2021 04 5S 1E N2S2NESW API: 01925073 Lat: 34.14879660322229, Long: -97.20628035075586 GLB EXPLORATION INC DH, RC, 5793 ft, TUSSY(4700), VIOLA(5100), SIMPSON GROUP(5130) Lincoln County AUGUSTA #1-4H, December 31 2020 08 14N 5E SENENENE API: 08124318 Lat: 35.708896384493165, Long: -96.78764900126575 PRAIRIE GAS COMPANY OF …

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Oklahoma energy stocks saw improved trading on Tuesday

  Crude oil prices on Tuesday finished down in the U.S. and up in Europe. West Texas Intermediate crude fell 13 cents or 0.24% to finish the day at $53.34 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for March delivery finished up 92 cents at $56.58 a barrel …

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Gas well prorationing to be considered again by Oklahoma regulators

  The sometimes controversial issue of Oklahoma’s proration formula affecting some of the state’s most prolific gas wells is coming back before Oklahoma Corporation Commissioners. No vote is anticipated this week but the Commission announced it will hold a special virtual meeting on Friday at 10 am. to conduct a technical conference and discussion of …

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Texas legislators faced with $1 billion budget hole due to energy downturn

  Just as Oklahoma legislators have to face dwindling income from the COVID-19 pandemic’s impact on oil and gas, Texas legislators have to deal with a nearly $1 billion hole in their budget. Glenn Hegar, the Texas Comptroller revealed this week that the state of Texas is nearly $946 million in the red for the …

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Solar energy to power city buildings in Greenwood, Arkansas

  Greenwood, Arkansas, a city of about 9,000 and located just east of the Oklahoma state line and southeast of Fort Smith will power its municipal buildings with renewable energy. Greenwood has signed a partnership with Scenic Hill Solar based in Little rock to construction two solar power plants to supply electricity to the city. …

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Xcel Energy consumers are asked to pay for wind power expansion in New Mexico

  Xcel Energy’s running into some opposition to its plan to increase power rates in Southeast New Mexico as it tries to recover the costs of expanding wind power in the state. The company wants a 9.2% increase so it can recover millions of dollars spent on new substations and power lines along with its …

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EPA mum about who’ll get biofuel mandate waivers this year

  In light of the move by the U.S. Supreme Court to hear the biofuel blending challenges by the Wynnewood Refinery Co. in Oklahoma, the Environmental Protection Agency is expected to soon announce exemptions to other refiners from the requirements. POLITICO reported this week that the Energy Department undertook a reevaluation of the 32 petitions …

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Energy news in brief

** A North Dakota lawmaker says moratoria on utility-scale wind projects in three counties is a futile attempt to save coal jobs and could harm the future of various agricultural enterprises reported the Duluth News Tribune. ** Utah has joined a lawsuit opposing a California city’s rejection of a coal export terminal reported the Salt Lake Tribune. ** A watchdog group is opposing renewal of …

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Solar industry is booming in upper Midwest

  While Oklahoma’s solar industry has yet to see much momentum, other states are seeing fast growth. Such as Illinois, Indiana and Ohio where solar industry activity abounds and cities and counties are taking advantage of the growth. Here are a few stories reported today about the state’s solar activities. The Energy News Network reported …

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