September 29, 2021 archive

Completion reports for September 29, 2021

GRADY COUNTY Continental Resources Inc Woodford(12992): Oil 141 Gas 358 Water 5007 Flow 20 6N 5W Rk Morris 4-20-17xhw, January 15, 2020 HH, OIL, TD: 23910 ft Lat: 34.97222, Long: -97.75109 API: 35051246510000 Continental Resources Inc Woodford: Oil 175 Gas 453 Water 5572 Flow 20 6N 5W Rk Morris 5-20-17xhw, January 18, 2020 HH, OIL, TD: 23428 ft Lat: 34.97258, Long: -97.74843 API: 35051246520000 TEXAS COUNTY Scout …

Continue reading »

Permits to drill for September 29, 2021

Ellis County GAGE-SKYLER #1-6, September 29 2021 06 21N 23W CN2NE API: 04522412 Lat: 36.33170331937936, Long: -99.70841556613148 RKK PRODUCTION COMPANY SH, RC, 9170 ft, MORROW SAND(8770)

Crude prices slip for 2nd day leaving Oklahoma energy stocks jumbled

  For a second straight day, crude oil prices dropped in the U.S. as U.S. crude inventories rose more than expected. It left Oklahoma energy stocks mixed…some rose and some reported losses. Crude stockpiles went up by 4.6 million barrels last week causing West Tuesday Intermediate crude for November delivery to slide down 46 cents …

Continue reading »

Historic oil storage tanks removed from Oklahoma Capitol grounds

  After nearly 8 decades of sitting next to the historic oil derrick on the grounds of the Oklahoma State Capitol, three oil storage tanks have been removed courtesy of the Oklahoma Energy Resources Board and Phillips 66 Company. For 79 years, the historic oil and natural gas artifact had been located near the South …

Continue reading »

Legislator cautions promotion of wind and solar without natural gas is a mistake

  “The blind promotion of intermittent sources such as wind and solar without natural gas to support for reliability is plainly shortsighted.” It’s what State Rep. Mark McBride writes in an op-ed piece in The Oklahoman this week. He’s a supporter of natural gas calling it a “cleaner, smarter option.” Click here for The Oklahoman.

Texas oil production slowed in 3Q says Dallas Federal Reserve Bank

  Solid oil and gas sector growth continued in third quarter 2021, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—remained elevated but moved down from 53.0 in the second quarter to 44.3 in the third quarter. …

Continue reading »

SE Oklahoma firms urge more access from Indian Nations Turnpike

  Rep. Jim Grego, R-Wilburton held an interim study this week to discuss the need for more on- and off-ramps to the Indian Nation Turnpike in southeast Oklahoma. “This is a topic my constituents have asked me about since I first got elected three years ago,” Grego said.  “My goal is to see how we …

Continue reading »

Energy news in brief

** Enbridge Inc said on Wednesday its Line 3 pipeline would be operational from Oct. 1, marking the completion of a long-delayed replacement project that would increase the capacity of crude deliveries from Canada to U.S. refineries. ** ConocoPhillips is offering to sell about $500 million in conventional oil and gas properties in the top U.S. oil …

Continue reading »

Samsung to build new chip plant in Austin?

  For more than a year, the U.S. has struggled with the impact of the shortage of semiconductor chips. We’ve heard those stories of thousands of new pickup trucks sitting in parking lots of manufacturers because they lacked the necessary chips to be sold. Now there’s word that Samsung Electronics Co Ltd might be close …

Continue reading »

EV plant to be located in Arlington, Texas

  Arlington, Texas is going to be the apparent home for a global electric vehicle charging manufacturing plant. City leaders granted Barcelona-based company Wallbox incentives to build a 129,000 square-foot plant where 250 jobs will be created over the next 10 years reported the Fort Worth Star-Telegram. Click here for Star-Telegram.