May 2021 archive

Petroleum Alliance staff makes new hire

  The Petroleum Alliance, Oklahoma’s largest trade association representing the entirety of the state’s oil and natural gas industry, has announced the addition of veteran environmental and regulatory affairs professional Angie Burckhalter to its staff. Burckhalter joins the Alliance as Senior Vice President of Environmental and Regulatory Affairs and brings with her more than 30 …

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Who’s Putin’s ‘puppy’ now?

  The Biden administration’s move to waive sanctions on the corporate entity and CEO overseeing the construction of Russia’s Nord Stream 2 pipeline into Germany is expected to draw criticism from Oklahoma U.S. Sen. James Lankford and others who earlier had expressed dissatisfaction over the issue. During the Presidential campaign last fall, Biden accused then-President …

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California and its rolling blackouts

  State leaders in California say they’re better prepared to avoid the rotating and tolling electrical blackouts the state experienced last year—blackouts criticized by Oklahoma congressman Markwayne Mullin. In an interview last fall with OK Energy Today in which he warned of the extreme anti-fossil fuel steps that would be taken under a Biden presidency, …

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New Mexico Senator wants to ‘electrify’ the US economy

  New Mexico Democratic U.S. Sen. Martin Heinrich says the nation should do more to electrify the country’s economy and end the use of fossil fuels. Heinrich, whose state is home to part of the oil-rich Permian Basin which has dumped hundreds of millions into New Mexico’s treasury, introduced  his Electrifying America’s Future resolution which …

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Completion reports for May 18, 2021

BEAVER COUNTY Latigo Oil And Gas Inc Morrow Sand(7686): Oil 1.67 Gas 42 Pump 34 3N 25E Hattie B Eyers Unit 3, April 18, 2021 SH, GAS, TD: 7850 ft Lat: 36.67958, Long: -100.35960 API: 35007213380001 CARTER COUNTY Judd Billy Investment Co Inc 30 1S 2W Cox 30-1, April 14, 2021 SH, INJ, TD: 1937 ft Lat: 34.44385, Long: -97.44698 API: 35019249010004 …

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Permits to drill for May 18, 2021

Carter County BOWERY #1-16-21HW, May 17 2021 09 1S 3W NESWSWSW API: 01926445 Lat: 34.47871276023278, Long: -97.52633828700763 CONTINENTAL RESOURCES INC MU, DR, 18237 ft, CANEY(8310), SYCAMORE(8605), WOODFORD(8970) Mcclain County ENGLAND #1H-9, May 18 2021 04 6N 4W NESESWSW API: 08722312 Lat: 35.016380276228894, Long: -97.63130726306593 CITIZEN ENERGY III LLC HH, DR, 16300 ft, MISSISSIPPIAN(10600) Mcclain County ENGLAND #2H-9, …

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Gulfport Energy emerges from bankruptcy under new leadership

  Oklahoma City’s Gulfport Energy Corp. announced Tuesday it has emerged from Chapter 11 bankruptcy, eliminated more than $1 billion debt, created a new board of directors and come under new temporary leadership. David M. Wood, the Company’s President and Chief Executive Officer retired immediately and Quentin Hicks, Gulfport’s Chief Financial Officer also resigned immediately …

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Oil prices slip on news of possible US-Iran nuclear deal

  As some analysts predicted a renewed nuclear deal with Iran could affect crude oil prices, it did on Tuesday’s trading. Oil prices fell from a two-month high and it came after reports indicated the U.S. and Iran are making progress on reviving the deal restricting the OPEC country’s nuclear weapons development, a deal that …

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Empire Petroleum makes $16 million acquisition in Permian

  Empire Petroleum Corporation in Tulsa announced Tuesday that it has acquired in a more than $16 million deal producing oil and gas assets and related gathering assets located in Lea County, New Mexico through its wholly owned subsidiary, Empire New Mexico LLC. The acquisition was made from ExxonMobil Corporation’s  XTO Holdings, LLC in a transaction …

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House GOP leaders say it’s time to dump the masks

Oklahoma congressmen Frank Lucas and Tom Cole joined other GOP congressional leaders in telling House Speaker Nancy Pelosi that it’s time to follow the science and end remote voting in the House. Lucas is the Ranking member of the House Science, Space and Technology Committee while Rep. Cole is the Ranking member of the House …

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