Blaine County CHEETAH 29_32-15N-10W #5HX, January 31 2022 20 15N 10W SWSWSWSE API: 01124299 Lat: 35.75494830835592, Long: -98.28631533182586 DEVON ENERGY PRODUCTION CO LP MU, DR, 21794 ft, MISSISSIPPIAN(10100), MISSISSIPPI LIME(10900), WOODFORD(11700) Grady County ELRAY 18-7 #1WHX, February 01 2022 19 3N 5W NWNWNWNE API: 05124908 Lat: 34.724193433676625, Long: -97.76455380343143 WARWICK-JUPITER LLC MU, DR, 24926 ft, WOODFORD(14100) Hughes …
February 2022 archive
Crude prices were mixed on Tuesday while OK energy stocks were strong
Tuesday provided a mixed day for crude oil trading as prices rose slightly in the U.S. but fell overseas. Still, Oklahoma energy stocks performed strongly for the day. West Texas Intermediate crude for March delivery managed a 5 cent gain to $88.20 a barrel in trading on the New York Mercantile Exchange. Global benchmark …
Disposal wells shut-in following northern Oklahoma quake
Oklahoma regulators came out with a formal directive on Tuesday regarding the 4.5 magnitude earthquake that struck Monday morning in northern Oklahoma. The Corporation Commission’s Oil and Gas Conservation Division issued the order for Arbuckle oil and gas wastewater disposal wells around the epicenter of the quake near Clyde in Grant County. Under the …
Dividend announced by Williams Cos.
Williams’ board of directors has approved a regular dividend of $0.425 per share, or $1.70 annualized, on the company’s common stock, payable on March 28, 2022, to holders of record at the close of business on March 11, 2022. This is a 3.7% increase from Williams’ first-quarter 2021 quarterly dividend of $.41 per share, …
Regulators closer to new EV charging station rules in Oklahoma
The Oklahoma Corporation Commission is moving ahead with rulemaking to cover the growing number of electric vehicle chargers in the state. A technical conference is planned for Wednesday morning at 9:30 by the Public Utilities Division of the Commission at which Corporation Commissioners might attend but no vote will be taken on the proposed …
Snow, ice, wind and cold, cold weather to hit Oklahoma
While snow and brutally cold weather are in the forecast this week in Oklahoma, perhaps much of the state will catch a break and avoid a lot of freezing rain that had been in earlier forecasts. Gary McManus, State Climatologist with the Oklahoma Mesonet reports forecast models have shifted much of the expected heavy …
ODFA director confident Supreme Court will rule in agency’s favor
The head of the Oklahoma Development Finance Authority expressed optimism that the Oklahoma Supreme Court will uphold the $800 million in ratepayer-backed bonds to cover OG&E’s February 2021 storm costs. NonDoc reported this week it’s what Mike Davis told the ODFA board in a recent meeting. Click here for NonDoc
Helmerich and Payne reports increased quarterly revenues
Helmerich & Payne, Inc. in Tulsa reported a net loss of $51 million, or $(0.48) per diluted share, from operating revenues of $410 million for the quarter ended December 31, 2021. It showed that while the company recorded a loss, it was still an improvement over a year earlier. The company stated that the …
Oklahoma to receive $78 million from feds for abandoned well cleanup
Oklahoma will receive about $78 million out of more than $1.1 billion President Biden says will be used to clean up abandoned oil and gas wells nationwide—wells that are a source of methane emissions. Under the plan to be implemented by the Interior Department, Oklahoma’s share in the first phase would $78,168,000 but the …
Colorado blaze might have been ignited by 140 year coal mine fire
Investigators in Colorado now suspect an underground coal mine fire that has been burning since 1883 might have sparked last month’s deadly fire that also consumed more than 1,000 homes near Boulder. Click here for Associated Press