January 10, 2022 archive

Completion reports for January 10, 2022

CARTER COUNTY Citation Oil & Gas Corporation All Zones Producing: Oil 83 Water 2678 Flow 10 2S 3W Justify 1-10-15-22xhm, November 28, 2021 HH, OIL, TD: 18619 ft Lat: 34.39786, Long: -97.49373 API: 35019264420000 CREEK COUNTY Enterprise Energy Exploration Inc Misener(3174): Oil 5 Water 400 Pump 33 15N 10E Atlantis 1-33, March 04, 2021 SH, OIL, TD: 3325 ft Lat: 35.72990, Long: -96.25766 API: 35037294560000 …

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Permits to drill for January 10, 2022

Canadian County ZALOUDIK #3, January 10 2022 01 12N 6W CNWNE API: 01721045 Lat: 35.5421627896292, Long: -97.7930576049964 CHAPARRAL ENERGY LLC SH, RC, 8810 ft, OSWEGO(7600) Canadian County ROSEANNADANNA 27_22-12N-6W #1MHX, January 10 2022 28 12N 6W NENENENE API: 01725760 Lat: 35.492552929498295, Long: -97.831783216531 PALOMA OPERATING CO INC MU, DR, 18000 ft, MISSISSIPPIAN(8600) Garfield County MIILLER #1-19, January …

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State of Oklahoma celebrates Supreme Court limitation of McGirt

   “McGirt is not retroactive. This is a major victory for the State of Oklahoma,” said Attorney General John O’Connor. The Oklahoma Court of Criminal Appeals unanimously made that decision in Parish v. Oklahoma. On Monday, the United States Supreme Court refused to consider an appeal of that decision by Parish. Clifton Parish was convicted of …

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Crude oil prices and Oklahoma energy stocks slid on Monday

  Crude oil prices started off the trading week with a drop in both the U.S. and overseas markets and Oklahoma energy stocks followed suit. West Texas Intermediate crude for February delivery took a 67-cent plunge to $78.23 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for March delivery …

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Producers Midstream II acquires certain gathering and processing assets from Midcoast Energy

  Dallas-based Producers Midstream II, LLC has acquired 100% of MidCoast Energy’s gas gathering and processing assets in the Anadarko Basin covering western Oklahoma and the Texas Panhandle. In a recent announcement, Producers indicated it also acquired a 35% operating interest in Texas Express Gathering, a Y-grade gathering pipeline. No amount of money was disclosed …

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AARP argues proposed PSO settlement is unfair to residential customers

  When an Oklahoma Corporation Commission Administrative Law Judge recently recommended approval of a securitization of PSO’s $688 million in February storm costs, it had the support of several groups, but not the American Association of Retired Persons. The Oklahoma chapter of the AARP opposes the 20-year plan to spread out costs, a move that …

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Large wind project approaching completion in Oklahoma

  No official date has been announced but sometime early this year, the nation’s largest wind project in 2022 is expected to come on line in Oklahoma. The 999 Megawatt Traverse Wind Energy Center is expected to begin commercial operations sometime in April. Invenergy announced funding for the large operation back in March of 2021. …

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Pushback from Texas Oil and Gas operators over natural gas production decline

  Oil and gas operators and regulators suggested media reports claiming there was a 25% reduction of natural gas production in Texas were grossly exaggerated and in error. The Texas Oil and Gas Association said the decline was more like 5%, not 25% according to the Midland Reporter-Telegram. Click here for Midland Reporter-Telegram

Senate showdown over Nord Stream 2 pipeline

  Texas Sen. Ted Cruz is headed for an apparent showdown with Democrats this week to force the Biden administration to do something about Russia’s Nordstream II pipeline. Cruze has clamored for a vote and Senate Majority Leader Charles Schumer of New York agreed to hold one this week on legislation to put sanctions on …

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Nine Energy gets Wall Street warning

  Houston’s Nine Energy Service, Inc. , a Texas company with exploration projects in Oklahoma’s SCOOP and STACK plays has been warned by the New York Stock Exchange about its capitalization issues. The company confirmed it received written notice from the New York Stock Exchange on January 5, 2022, that it is not in compliance with …

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