March 10, 2022 archive

Completion reports for March 10, 2022

CANADIAN COUNTY Cimarex Energy Co Woodford(11538): Oil 775 Gas 4787 Water 1667 Flow 25 11N 8W Carel 3h-2524x, August 15, 2021 HH, OIL, TD: 21586 ft Lat: 35.39225, Long: -97.99723 API: 35017256310001 Citizen Energy Iii Llc Woodford(8843): Oil 308 Gas 1507 Water 954 Gas Lift 22 10N 5W Mcneff East 2h-15-10, December 12, 2021 HH, OIL, TD: 19386 ft Lat: 35.33348, Long: -97.71341 API: 35017256920000 Citizen Energy …

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Permits to drill for March 10, 2022

Caddo County DEWEY ALICE #3-25, March 10 2022 25 6N 10W NWSESESE API: 01522617 Lat: 34.957842616502674, Long: -98.1999053462515 TERRITORY RESOURCES LLC DH, RC, 7100 ft, CISCO(4250), HOXBAR(4770) Canadian County KOLAR #1H-35, December 13 2021 02 10N 6W NENWNENW API: 01725741 Lat: 35.376576045116984, Long: -97.80748536429137 CITIZEN ENERGY III LLC HH, AM, 14000 ft, MISSISSIPPIAN(9000) Canadian County KOLAR #2H-35, …

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Senators introduce bill to ban oil from Iran and Venezuela

  A handful of Republican U.S. Senators, Sen. James Lankford of Oklahoma among them say the U.S. should not consider importing any crude oil from either Iran or Venezuela. To make their point, they have introduced the Preempting Misguided Appeasement and Financing of Destabilizing Regimes Act. The bill would prohibit the importation of Iranian and Venezuelan crude …

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Crude oil falls again but remains well above $100

   Crude oil prices slipped again in Thursday’s trading as the fighting grew bloodier in Ukraine where Russian forces continued their war.  It remains curious to describe prices as “falling” yet they remain well over the $100-a-barrel mark. Analysts described it as a volatile session that resulted in the lower prices. West Texas Intermediate crude …

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Ascent Resources makes improvements over net losses

    Ascent Resources Utica Holdings, LLC reported fourth quarter 2021 earnings of $1.1 billion in net income, along with $76 million in adjusted net income and $283 million in adjusted EBITDAX. The Oklahoma City company said its net income in the quarter was largely driven by a $1.1 billion unrealized commodity derivative fair value …

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Manchin—US must unleash its vast energy resources to counter Putin’s weaponization of energy

  West Virginia U.S. Sen. Joe Manchin didn’t pull any punches during a Thursday hearing of the Senate Energy and Natural Resources Committee hear chairs. The Democrat, who’s been a thorn in the side of President Biden’s more liberal approaches against the oil and gas industry told the committee and its witnesses the U.S. should …

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Additional energy headlines

** Sen. Bill Cassidy of Louisiana unveiled an energy policy proposal he equated to the Trump administration’s “Operation Warp Speed” vaccine development program to address soaring energy prices. His  proposal included streamlining the permitting process for energy development at agencies such as the Environmental Protection Agency, similar to the regulatory streamlining put in place to rapidly develop …

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Texas legislators want more regulatory control on natural gas industry

  Last year’s deadly February winter storm in Texas prompted legislators this week to agree—there should be more regulatory control over the state’s oil and gas industry. It’s what members of a Texas Senate Committee voiced as they discussed concerns about the role natural gas providers played in the storm disaster reported KDFW TV. Click …

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South Texas to get solar and wind farm operation

  One of the latest renewable energy farms in South Texas is going up courtesy of a Danish company. The Orsted company from Denmark is building 66 wind turbines in northern Bee County just north of Corpus Christi and not far  where it is also building a one-million solar panel operation according to KIII TV. Click here …

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Mullin says Russian crude oil ban is right move

  Oklahoma Congressman Markwayne Mullin says the White House decision to ban Russian crude oil and petroleum imports is long overdue. It’s why he voted Wednesday night in support of H.R. 6968, the Suspending Energy Imports from Russia Act and Security Division 1 of H.R. 2471, the Consolidated Appropriations Act. “While the Suspending Energy Imports from …

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