** Regional prices of crude oil pumped in Western Canada and in North Dakota have risen this week to lower their discounts to the U.S. benchmark, WTI Crude, after freezing winter temperatures disrupted crude flows from Alberta’s oil sands and the Bakken shale play in the United States. ** Coal burned for electricity spiked 17% in 2021, …
January 2022 archive
Fiery train derailment near Wichita Falls
No injuries were reported in a fiery train derailment near Wichita Falls, Texas. The accident occurred near the small town of Oklaunion and resulted in several cars carrying denatured alcohol bursting into flames. No evacuations were needed according to the Wichita Falls Times Record. Fire crews from Wichita Falls, Vernon and Sheppard Air Force …
Texas Railroad Commission takes necessary stand on oilfield earthquakes
The move by the Texas Railroad Commission to crack down on wastewater disposal wells in the state’s share of the Permian Basin is long overdue according to one writer. It’s a move that echoed what Oklahoma regulators did some years ago following a surge in earthquakes in the state’s oil and gas drilling regions. …
Completion reports for January 7, 2022
CARTER COUNTY Tripledee Operating Company Llc Lone Grove: Oil 55 Gas 20 Water 3 Pump 27 5S 1W Cheek School 1, October 05, 2021 SH, OIL, TD: 6355 ft Lat: 34.09108, Long: -97.28819 API: 35019225180001 GRADY COUNTY Bricktown Energy Llc Mississippian,woodf Ord: Oil 360 Gas 521 Water 4431 Flow 1 7N 5W Jessica 5-1-12xh, July 06, 2021 HH, OIL, TD: 20658 ft Lat: 35.11591, Long: -97.67835 …
Permits to drill for January 7, 2022
Creek County RED HAWK #35-1, January 07 2022 35 17N 8E E2NESWNW API: 03729484 Lat: 35.9111722772767, Long: -96.43718026270132 BARDEN/BASS OIL & GAS EXPLORATION SH, DR, 3850 ft, CLEVELAND(1450), OSWEGO(2270), PRUE 404PRUE 2340 8 WILCOX(3680), RED FORK(2550), BARTLESVILLE(2940), DUTCHER(3160), MISSISSIPPI(3300) Garvin County HARD KNOX 0304 #1-3-34SXH, January 07 2022 09 3N 4W SWNENENE API: 04925357 Lat: 34.752420824658465, Long: …
Oil ended lower Friday leaving Oklahoma energy stocks with mixed results
Crude oil trading left U.S. prices right at about the $79 a barrel mark on Friday, down slightly from Thursday but still with a 5% gain for the week. It also left Oklahoma energy stocks confused, resulting in a mix of gains and losses. Analysts blamed supply worries over the deadly unrest in Kazakhstan …
Baker Hughes reports increased nationwide rig count
The most recent rig activity report from Baker Hughes showed an increase of 2 to to 588 oil and gas rigs nationwide while Oklahoma’s count was unchanged at 49. The Oklahoma numbers compared to 18 reported one year ago by Baker Hughes. Texas remained of course the state with the largest count at 274 …
New Mexico gets nearly $1 million settlement with Hillcorp Energy
Texas oil and gas company Hilcorp Energy agreed to pay $932,500 to settle violations relating to remediation plans at six of its New Mexico facilities. The settlement was announced by the New Mexico Energy, Minerals and Natural Resources Department’s Oil Conservation Division. It said the settlement of the notice of violation, or NOV, involved sites in …
New Mexico wind complex comes online
Another major wind project has become operational in central New Mexico. Pattern Energy Group LP announced its Western Spirit Wind complex of four wind parks in the state is completed, making it the largest single-phase renewable energy project in the U.S. reported Renewables Now. Click here for Renewables Now.
Federal bank survey shows moderate energy growth
Energy activity in Oklahoma and other states that make up the Tenth District of the Federal Reserve Bank of Kansas City continued to expand according to its fourth quarter Energy Survey. Chad Wilkerson, Oklahoma City Branch executive said the survey showed energy activity expanded “moderately” from a quarter ago and increased further from year-ago …