March 2, 2022 archive

Completion reports for March 2, 2022

CARTER COUNTY Xto Energy Inc Hewitt: Oil 62 Water 486 Pump 16 4S 2W Hewitt Unit 16-0403, December 22, 2021 SH, OIL, TD: 4012 ft Lat: 34.21586, Long: -97.41252 API: 35019264580000

Permits to drill for March 2, 2022

Ellis County TRACEY COLE #1-27, March 01 2022 27 23N 24W NWSENWNE API: 04522742 Lat: 36.44720497451994, Long: -99.75508378486772 RKK PRODUCTION COMPANY SH, RC, 8700 ft, OSWEGO(7180) Grady County ROBERTS 0607 #12-1-1MXH, March 01 2022 13 6N 7W NENWNENE API: 05124920 Lat: 34.99957642923329, Long: -97.88517138936223 CAMINO NATURAL RESOURCES LLC MU, DR, 23922 ft, MISSISSIPPIAN(15600), WOODFORD(15874) Grady County DUMBLEDORE …

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US crude oil trading hit $112 on Wednesday as war intensified

  World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead. Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest …

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More storm cost ratepayer bonds headed to Supreme Court

  Another $2.7 billion in ratepayer backed bonds aimed at helping three Oklahoma utilities recover their 2021 winter storm costs were approved this week by a state agency and now await final okay from the Oklahoma Supreme Court. NonDoc reported the Oklahoma Development Finance Authority authorized the three securitization efforts to buy debt held by …

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NextEra Energy to acquire Panhandle wind farm

  An Oklahoma Panhandle wind farm OK Energy Today first reported about last year with condemned and dangerously damaged wind turbines is getting a new owner—NextEra Energy Resources. The company announced this week it closed on an agreement to acquire the wind farm from Olympia Renewable Platform LLC, the company that was sanctioned by the …

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Manchin and Repubs critical of Biden’s energy policies

  There’s a reason West Virginia Sen. Joe Manchin sat with the Republicans during Tuesday night’s State of the Union address by President Joe Biden. While he’s a Democrat, he’s sided with Republicans in calling for an end to U.S imports of Russian crude oil, making his stance clear during hearing this week of the …

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Colorado regulators make rule changes on abandoned wells

  In a meeting this week, oil and gas regulators in Colorado revised some of their financial assurance rules, all in the name of guaranteeing there is money to plug the state’s abandoned oil and gas wells in the state. It was considered an overhaul of  the rules reported the Colorado Sun. Click here for …

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Lankford on speech—“skipped” over US oil purchases from Russia

  Oklahoma U.S. Sen. James Lankford came away from the State of the Union address by President Biden Tuesday night in disbelief at what he heard and didn’t hear. “Well—that was interesting,” he said in recorded comments afterward, adding he was pleased to see the President at least started the speech talking about Russia and …

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Inhofe says speech highlighted Biden’s failing energy policies

  Incredibly disappointed—it’s the reaction of Oklahoma U.S. Sen. Jim Inhofe to President Biden’s 2022 State of the Union address. In a statement issued Wednesday, the GOP Senator the address was just that–talk. While Inhofe’s criticism focused initially on Biden’s national defense blunders including the deaths of 13 American soldiers in the Afghanistan withdrawal, something …

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Hern says “energy independence” was absent from President’s speech

  Whether he was expecting anything more than he heard Tuesday night in the President’s State of the Union Address, Oklahoma U.S. Rep. Kevin Hern was disappointed. He said afterward there was only one thing Oklahomans needed to hear from the President and that was an immediate commitment to energy independence. “We didn’t hear that. …

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