March 7, 2022 archive

Completion reports for March 7, 2022

completions: none were processed today

Permits to drill for March 7, 2022

Canadian County GRANT MORTON 18_19-12N-8W #2WHX, February 11 2022 18 12N 8W NENWNWNE API: 01725769 Lat: 35.52159595656891, Long: -98.0859297854249 PALOMA OPERATING CO INC MU, AM, 25000 ft, WOODFORD(11600) Canadian County GRANT MORTON 18_19-12N-8W #1MHX, February 11 2022 18 12N 8W NENWNWNE API: 01725768 Lat: 35.52159595252667, Long: -98.08599699236207 PALOMA OPERATING CO INC MU, AM, 24000 ft, MISSISSIPPI(10300) Kingfisher …

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Crude hit all-time high of $139 on Monday

  Not since 2008 has the world seen crude oil prices as high as they soared on Monday when a barrel of oil traded for more than $139. The credit rests with the extreme fighting between Ukrainian defenders and invading Russian soldiers, fighting that has left thousands dead. The potential return of Iranian crude to …

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Oklahoma regulators to meet Tuesday morning

  Oklahoma Corporation Commissioners meet Tuesday morning for a regular business session. The 9:30 a.m. meeting in the Jim Thorpe Office building at the state capitol will include possible votes in causes on the daily signing agenda docket. There might be a possible executive session for the purpose of evaluating and discussing the duties and …

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Another big merger in oil and gas industry

  Whiting Petroleum Corporation in Denver and Oasis Petroleum Inc. in Houston made it a done deal….the two are merging in a nearly $6 billion merger. The move comes just two years after Whiting emerged from Chapter 11 reorganization bankruptcy. The combined company will have a premier Williston Basin position with top tier assets across …

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EPA wants tougher emissions standards on big trucks

  The EPA came out Monday with proposed stronger emissions standards on heavy-duty trucks, proposing to make them effective in 2027. The agency stated the proposed standards would reduce emissions of smog- and soot-forming nitrogen oxides (NOx) from heavy-duty gasoline and diesel engines and set updated greenhouse gas (GHG) standards for certain commercial vehicle categories. This …

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Climate change—not Russian oil ban to be focus of House Committee hearing

  While Congress clamors for President Biden to stop stalling and implement an immediate ban on U.S. purchases of Russian oil, amidst Russia’s invasion of Ukraine, Congressional committees are pushing forward with climate change as pushed by Democrat leaders. Oklahoma congressman Frank Lucas and Rep. Stephanie Bice, both members of the House Science and Technology …

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Intensified fighting sends Oklahoma gas prices even higher

  Oklahoma gasoline prices jumped 19 cents a gallon over the weekend as fighting intensified in Ukraine and U.S. officials still hesitate whether to ban any more crude oil purchases from Russia. It also represented a 37-cent increase in just one week. Oklahoma’s average as of Monday, according to the American Automobile Association was $3.64, …

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More energy headlines

** U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon as this week, a source familiar with the matter said on Sunday. ** Connecticut Sen. Chris Murphy (D) said on Sunday that if the U.S. decides to ban Russian …

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Williams and its hydrogen energy efforts

  Oklahoma’s Williams energy company is widening its hydrogen energy efforts as the Tulsa World pointed out in a story this week. Click here for Tulsa World