January 2021 archive

Congressman predicted Biden administration’s attack on pipelines

  Oklahoma congressman Markwayne Mullin was pretty accurate in his November election prediction about the Democrats and what they intended to do if they won the White House. “If they take over the administration and God help us if they do, the first thing we need to be aware of is the permitting of the …

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OGE Energy Corp. announces 4Q earning results date

    The fourth quarter earnings by OGE Energy Corp will be released and discussed next month. The company said it will hold a conference call to discuss the quarterly and year-end results on Thursday, Feb. 25 beginning at 8 a.m. central time. The company reported a loss in the third quarter as it, like …

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Ring Energy relocates headquarters to Houston—closing Tulsa office

  Permian driller Ring Energy has decided it no longer wants to be headquartered in Midland, Texas. It’s moving the corporate headquarters to Houston and also closing an office located in Tulsa, Oklahoma. The move was actually effective on Jan. 19 when the company operations were based out of The Woodlands, Texas, a suburb of …

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Administration now says ‘freeze’ doesn’t apply to Native American tribes

  After Utah tribe expressed anger over President Biden’s announced 60-day freeze on drilling permits and leases on federal lands, the government decided the freeze didn’t apply to tribes. The Department of Interior came out this week with an announcement that Native American tribes are exempt from the temporary suspension reported Reuters. Click here for …

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Permits to drill for January 25, 2021

Permits to drill issued on January 25, 2021. Kay County ETU #19-4, January 25 2021 19 25N 1E S2NESENE API: 07124910 Lat: 36.632517742207504, Long: -97.22965432239243 SNR NORTHERN OKLAHOMA OPERATING SH, RC, 4779 ft, RED FORK(4070) Lincoln County MARK 3-16N-03E #1MH, December 20 2018 03 16N 3E SWSWSESE API: 08124306 Lat: 35.88468719676823, Long: -96.96909613832125 ROBERSON OIL COMPANY INC …

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Completion reports for January 25, 2021

Completion reports filed for January 25, 2021. CANADIAN COUNTY Camino Natural Resources Llc Mississipian(9922): Oil 163 Gas 1657 Water 4276 Flow 31 13N 7W Geronimo 1207 6-5mh, August 04, 2020 HH, OIL, TD: 15185 ft Lat: 35.55217, Long: -97.97822 API: 35017255710001 Camino Natural Resources Llc Woodford(9857): Oil 311 Gas 1760 Water 2521 Flow 35 12N 7W Fna 1207 26-23-1wxh, November 23, 2018 HH, OIL, TD: 20281 …

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Crude oil futures bounced back on Monday

  Investors saw a bounce-back of crude oil futures in trading on Monday. But most Oklahoma energy stocks weren’t so fortunate. West Texas Intermediate crude, considered the benchmark U.S. crude oil, rose 50 cents to $56.77 a barrels for March delivery. Brent crude, the global benchmark, rose 47 cents for March delivery at $55.88 a …

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Cushing oil hub filling up again and at 81% of capacity

Crude oil futures for March rose on Monday as information was released showing increased crude oil inventories at the Cushing storage hub in Oklahoma. They are more than 80% of the hub’s storage capabilities. Reports indicate the levels are close to those of April 2020 when the inability of investors to store their oil led …

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EV rules and regulations adopted by city of Fayetteville

  The growth of electric vehicles in Fayetteville, Arkansas prompted the city to adopt standards for EV charging stations. The city council in the northwest Arkansas city approved regulations focused on levels of electricity, and online access reported the Arkansas Democrat Gazette. Click here for the Arkansas Democrat Gazette story.  

Terra Energy to abandon drilling efforts in a NW Colorado town

  Texas-based Terra Energy Partners LLC reportedly intends to get out of gas drilling efforts in a Northwest Colorado town. The company intends to abandon its permits for wells in Battlement Mesa, a small town in Garfield County located between Grand Junction and Glenwood Springs. The Western Colorado Alliance announced the intentions of Terra Energy …

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