March 2021 archive

Completion reports for March 31, 2021

CARTER COUNTY Chaparral Energy Llc Deese(3095): Oil 3 Water 14 Pump 27 2S 3W Sycamore Unit (L P Garrett #15) 51-15, November 04, 2020 SH, OIL, TD: 4858 ft Lat: 34.34809, Long: -97.50230 API: 35019053980001 DEWEY COUNTY Xto Energy Inc Mississippian(12280): Oil 8 Gas 6844 Water 1813 Flow 32 16N 16W Brownie 1-32h28x21, December 22, 2020 HH, GAS, TD: 24197 ft Lat: 35.82634, Long: -98.91829 …

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Permits to drill for March 31, 2021

Hughes County FRANKLIN #4-12-24WH, July 17 2020 12 8N 12E NESWNWSE API: 06324915 Lat: 35.17937594904944, Long: -95.98994799896056 CALYX ENERGY III LLC MU, AM, 15500 ft, MAYES(4700), WOODFORD(4800), HUNTON(4865), SYLVAN(4865) Pittsburg County LITTLE JOE #2-35/26H, June 27 2019 35 8N 17E SENESESE API: 12124852 Lat: 35.11864060853806, Long: -95.47298943639356 TRINITY OPERATING USG LLC MU, AM, 18572 ft, WOODFORD(7950)

Kansas governor wants price gouging investigation over February gas bills

  The natural gas bills that are hitting Kansas consumers and businesses because of the February winter storm prompted at least one to file a price gouging complaint with the state’s governor who responded by asking the attorney general to investigate. Kansas Gov. Laura Kelly made her request on Tuesday of Attorney General Derek Schmidt …

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Oil prices drop below $60 in US trading

  Crude oil prices took another hit in Wednesday’s trading as prices in the U.S. dropped below $60 a barrel. West Texas Intermediate crude for May delivery fell $1.39 to $59.16 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for May delivery took a 60-cent drop to $63.54 a …

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EV to get heavy funding in Biden’s infrastructure plan

  President Biden’s multi-trillion dollar infrastructure plan includes some major spending on clean energy, electric transportation, improvements to the nation’s power grid and renovations of the drinking water infrastructure. He calls it the American Jobs Plan and it reportedly includes $174 billion toward vehicle electrification. Part of that huge amount will be a goal of …

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Biden critics ask whose economic plan has a ‘sugar high’ now?

  Oklahomans in Congress have yet to comment publicly about the President’s more than $2 trillion infrastructure plan, one opposed already by the American Petroleum Institute because it would raise corporate taxes from the current 21% rate to 28%. Others are pointing back to the “sugar high” claim made by Democrats not so many years …

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API supports Biden’s infrastructure goal but not how he wants to pay for it

  President Biden’s more than $2 trillion infrastructure plan unveiled Wednesday has partial support from the American Petroleum Institute, the organization that supports the nation’s oil and gas industry. What the API doesn’t support is Biden’s plan to raise corporate taxes. His “go big and go fast effort,” as described by some of his critics …

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New Mexico still had record oil and gas production in 2020 despite pandemic

  Despite the COVID-19 pandemic that hit New Mexico last year, the year 2020 turned out to be a record one for oil and gas production. The New Mexico Oil Conservation Division reported the state ended the year with nearly 367.8 million barrels of oil produced which was a nearly 11% increase over the 2019 …

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Energy software tracking company expands operations into Colorado

  Austin-based software company Enverus, the software tracking company that offers weekly information on drilling rig information, announced Wednesday that it has acquired Energy Acuity, a Denver, Colorado-based provider of power generation and power delivery market data with specific expertise in renewable energy. Details of the purchase price were not disclosed. Energy Acuity, formed in 2008 …

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ConocoPhillips reports drop in oil production due to February storm

  ConocoPhillips provided a preliminary first-quarter 2021 operational and financial update on Wednesday including a drop in oil production caused by the major winter storm in February. The company said it expects first-quarter production to be 1,470 to 1,490 thousand barrels of oil equivalent a day. It cited a drop of 50 MBOED in what …

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