March 2021 archive

Slow movement in Oklahoma’s probe of natural gas crisis

  More than 10 days after Oklahoma Gov. Kevin Stitt and other state leaders promised to investigate the impact of historic frigid winter weather on Oklahomans’ power bills, it would appear there is little progress publicly known. At least one State House Committee tasked with exploring ways to help consumers avoid possible catastrophic utility bills …

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Kansas legislature moves to help customers with gas bills

  Legislators in Kansas are racing to help towns and ratepayers facing out-of-sight utility bills following the bitter cold weather that hit the state last month. The Topeka Capital-Journal reported how legislators fast-tracked a measure to provide loans to small towns and municipalities so they can pat bills in the hundreds of thousands of dollars. …

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Energy news in brief

**  Texas’ power grid operator on Wednesday cited 12 energy companies and two municipal utilities for failure to pay their bills for power and services during February’s deadly blackout that has led to the ouster of the operator’s chief executive. ** General Motors plans to build a second battery factory and is eyeing Tennessee as a probable location as …

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Firm cites big jump in US rig activity

  Oil and gas drilling operations in Oklahoma reportedly fell in the past week but a new report by the Austin-based Enverus Rig Analytics showed a total U.S. rig count increase of 19 as of this week. The company reported the increase put the rig count at 468, an increase of nearly 5% over the …

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Gasoline prices creep closer to $3

  The record plunge in gasoline stockpiles last week across the U.S. is threatening more and more motorists with $3 gasoline for the first time in six years and prices in Oklahoma are moving closer to the high price. Reports show gasoline inventories fell by 13.6 million barrels after the winter storm that pounded Oklahoma, …

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CVR Energy struggles with full-year losses

    CVR Energy, the owner of the Wynnewood Refinery in southern Oklahoma and other refineries across the country recently reported a fourth quarter 2020 net loss of $67 million or 67 cents a diluted share. For all of 2020, the company had a net loss of $256 million or $2.54 a diluted share. The …

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SandRidge reports 2020 losses as it adjusts to downsizing

    SandRidge Energy released its earnings report showing a fourth quarter loss of $0.2 million while full-year 2020 losses totaled more than $277 million or $7.77 a share. After sales of assets, the company expects to move forward with reduced capital expenditures and debt. The Oklahoma City company said the quarterly loss was one …

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Drilling interest grows in Oklahoma

Oklahoma’s Canadian County will see more oil and gas exploration based on new drilling permits approved this week by the Oklahoma Corporation Commission. Camino Natural Resources LLC received permits for two wells on a single pad. The RED RIVER 1208 #24-13 wells will be drilled at a site approximately one mile southwest of the city of El …

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Permits to drill for March 3, 2021

Canadian County RED RIVER 1208 #24-13-2WXH, March 03 2021 24 12N 8W NWSWSWSE API: 01725657 Lat: 35.49440667973174, Long: -97.99805165250577 CAMINO NATURAL RESOURCES LLC MU, DR, 21076 ft, MISSISSIPPIAN(10341), WOODFORD(10561) Canadian County RED RIVER 1208 #24-13-3MXH, March 03 2021 24 12N 8W NWSWSWSE API: 01725658 Lat: 35.49440668635838, Long: -97.99795087607576 CAMINO NATURAL RESOURCES LLC MU, DR, 20906 ft, MISSISSIPPIAN(10344), …

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Completion reports for March 3, 2021

CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9922): Oil 529 Gas 2568 Water 2582 Flow 31 13N 7W Guthrie 1207 6-7 1mxh, August 25, 2020 HH, OIL, TD: 20919 ft Lat: 35.55374, Long: -97.98696 API: 35017255610000 KINGFISHER COUNTY Chisholm Oil & Gas Operating Llc Mississippian Solid: Oil 291 Gas 328 Water 433 Esp 20 18N 7W Andrews 1807 17-1mh, September 26, 2019 HH, OIL, TD: 12843 ft …

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