January 2022 archive

Permits to drill for January 31, 2022

Blaine County CHEETAH 29_32-15N-10W #4HX, January 31 2022 20 15N 10W SWSWSWSE API: 01124301 Lat: 35.75494831512831, Long: -98.28621422793822 DEVON ENERGY PRODUCTION CO LP MU, DR, 21677 ft, MISSISSIPPIAN(10100), MISSISSIPPI LIME(10900), WOODFORD(11700) Blaine County CHEETAH 29_32-15N-10W #3HX, January 31 2022 20 15N 10W SWSWSWSE API: 01124300 Lat: 35.75494832181571, Long: -98.28611312405054 DEVON ENERGY PRODUCTION CO LP MU, DR, 21690 …

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Completion reports for January 31, 2022

completions: none were processed today

US crude hits $88 a barrel

Accessibility statementSkip to main content   Crude started out the new week with another gain as U.S. prices finished at more than $88 a barrel while Brent crude rose to more than $91 a barrel. The result for Oklahoma energy stocks was mixed—some up—some down. West Texas Intermediate crude for March delivery went up $1.33 …

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Corporation Commission to hold regular meeting

  Oklahoma regulators will hold a regular meeting Tuesday, Feb. 1 at 9:30 a.m. to discuss, review and hold votes on a number of issues. The following is part of the agenda: Discussion of and possible vote(s) on an Administrative, Judicial, and Legal Services Division Staff recommendation to issue a Notice of Proposed Rulemaking, that would …

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Earthquake rattles northern Oklahoma–regulators shut-in some wells

  An earthquake measuring 4.5 magnitude rumbled across northern Oklahoma near the state line Monday morning prompting the Corporation Commission to request the shut-down of 3 wastewater wells in the area. The quake’s epicenter, according to the U.S. Geological Survey, was about 4 miles northwest of the town of Medford and measured 3 to 4 …

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Headlines of other energy stories

** The Alaska Supreme Court narrowly decided Friday to dismiss a challenge to the state’s fossil fuel policy brought by Alaska youths. The split 3-2 decision came in a case brought by 16 youths, including Alaska Natives, against the state of Alaska, Gov. Mike Dunleavy and several state departments. ** A new report finds building two offshore wind …

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Strong coal quarter reported by Alliance Resource Partners

  Who says the coal industry is dying? Tula-based Alliance Resource Partners, L.P. on Monday reported increased financial and operating results for the quarter and year ended December 31, 2021 as compared to the quarter and year ended December 31, 2020. The company said its 2021 quarter net income grew 48% to $51.8 million or …

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Iowa Governor renews effort to require higher ethanol blends at Iowa pumps

  Iowa’s Governor renews her push to require gas stations to offer gasoline with higher blends of ethanol. Gov. Kim Reynolds’s efforts last year failed as fights developed among fuel retailers, transportation groups and renewable fuel providers. But she isn’t giving up according to the Des Moines Register. Click here for Des Moines Register

Well production set to break records In 2022 in the Permian

  Research by Rystad Energy suggests that the Permian Basin will hit a record high average productivity of new wells this year, going beyond the 1,000 barrels of oil equivalent a day. The company’s forecast attributes the expanded production on a surge in lateral well length reported OilPrice.com. Click here for Oil Price

Grid operator in Texas warns electricity demand could near records

  The grid operator in Texas, ERCOT issued a warning about this week’s cold weather front and how it might result in near record-setting levels of electric demand in the state. The Electric Reliability Council of Texas did so, not in the form of a warning but rather a notice to government agencies that it …

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