February 2022 archive

AG now says he won’t sue energy companies over winter storm prices

  Oklahoma Attorney General John O’Connor apparently is not going to charge up to 100 energy companies with price gouging following high prices during the February 2021 winter storm. The Oklahoman reported  O’Connor has notified some natural gas companies that they won’t be facing any state lawsuits over what happened during the historic eve. Click …

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Oil and gas rig growth reported by Bakers Hughes

  The most recent count of oil and gas rigs from Baker Hughes showed a growth of 3 to a total of 613 rigs in the U.S. while the number in Oklahoma dropped by one to 50 rigs. Nationally, the count included two more oil rigs for a total of 497 nationwide while the number …

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New Mexico enviros want EPA crackdown on oil and gas

  Environmentalists in New Mexico are urging the Biden administration to crack down on oil and gas operations in their state as the EPA inches closer to new federal regulations on methane emissions.   Click here for Carlsbad Current-Argus

Completion reports for February 3, 2022

BLAINE COUNTY Derby Exploration Llc Mississippian: Oil 259 Gas 3248 Water 1958 Flow 4 18N 13W Seifert 4-9-1xh, September 13, 2021 HH, OIL, TD: 16789 ft Lat: 36.07170, Long: -98.58470 API: 35011242170000 CANADIAN COUNTY Citizen Energy Iii Llc Mississippian(11997): Oil 76 Gas 8022 Water 1173 Flow 15 12N 9W South Ranch 2h-22-27, June 12, 2021 HH, GAS, TD: 22901 ft Lat: 35.50865, Long: -98.14284 API: 35017256560000 Red …

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Permits to drill for February 3, 2022

Blaine County B PERKINS #3-6-7-18XHM, February 03 2022 06 14N 13W NENENWNE API: 01124304 Lat: 35.72442437554775, Long: -98.61916914829675 CONTINENTAL RESOURCES INC MU, DR, 27937 ft, MISSISSIPPIAN (LESS CHESTER)(12802), MISSISSIPPIAN(12821) Grady County O’NEAL #1-05X08H, February 02 2022 32 4N 5W NESESWSW API: 05124909 Lat: 34.76991772008128, Long: -97.75217574112791 GULFPORT MIDCON LLC MU, DR, 25447 ft, WOODFORD(15247) Kingfisher County LINCOLN …

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Energy Transfer faces criminal environmental charges in Pennsylvania

  Dallas-based Energy Transfer, the company that recently completed a $7 billion acquisition of Oklahoma’s Enable Midstream faces criminal and environmental charges over a 2018 pipeline explosion of one of its subsidiaries in Pennsylvania. Attorney General Josh Shapiro and a statewide grant jury recommended nine counts over the construction of the Revolution Pipeline reported the …

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Lankford—US is trying to “out-China China”

  Oklahoma U.S. Sen. James Lankford says a China “competition” bill passed by the House, one that would funnel billions into Big Tech and the UN Green Climate Fund, is nothing more than an effort to “out-China China.” Interviewed on Cavuto Coast to Coast on Fox Business Thursday, the Senator discussed the US House’s recent push to pass the China …

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$90 oil hits the U.S. while energy stocks record losses

For the first time in more than 7 years, U.S. crude oil prices settled higher than $90 a barrel in Thursday’s trading. But it certainly didn’t translate into a strong trading day for Oklahoma energy stocks. West Texas Intermediate crude for March delivery climbed $2.01 or 2.28% to finish the day at $90.27 a barrel …

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Williams to announce 4Q earnings report

  Williams plans to announce its fourth-quarter and full-year 2021 financial results after the market closes on Monday, Feb. 21, 2022. The company is scheduled to host its 2022 Analyst Day event on Tuesday, Feb. 22, 2022 beginning at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). During the event, Williams’ management will give in-depth …

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Rig numbers grow nationally reports Enverus

  The weekly U.S. rig count published by Enverus Rig Analytics showed an increase by 14 to 720 as of Feb. 2. The Austin, Texas company said the daily count actually reached as high as 724 during the week compared to a peak of 716 in the previous week. The rig count as of Feb. …

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