March 18, 2022 archive

Permits to drill for March 18, 2022

y Bohnen Fri, Mar 18 at 8:07 PM Canadian County SPIRO MOUNDS 1006 #3-10-1MXH, March 18 2022 34 11N 6W NESESWSW API: 01725790 Lat: 35.3781495716624, Long: -97.8271319387288 CAMINO NATURAL RESOURCES LLC MU, DR, 20022 ft, MISSISSIPPIAN(9253), MISSISSIPPI LIME(9458), WOODFORD(9544) Dewey County CASHEW 765 #1H ST1, October 30 2020 07 18N 15W SWSESWNW API: 04323718 Lat: 36.05123233871651, Long: …

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Completion reports for March 18, 2022

BEAVER COUNTY Latigo Oil And Gas Inc Commingled: Gas 24 Water 15 Pump 30 4N 25E Rock (Entropy) 2-id, July 13, 2021 SH, GAS, TD: 7307 ft Lat: 36.77916, Long: -100.41123 API: 35007236160002 Latigo Oil And Gas Inc Kansas City(5710): Oil 0.5 Water 20 Pump Permian (coun Grove): Gas 319 Water 32 Pump 13 4N 26E Maggie 1-13, March 01, 2022 SH, GAS, TD: 9345 ft Lat: …

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Former legislator continues fight against storm recovery act in Oklahoma

  Yet another back-and-forth round of filings took place this week before the Oklahoma Supreme Court in the constitutional challenge of the February 2021 Regulated Utility Consumer Protection Act that allowed the use of ratepayer-backed bonds to help utilities recover their storm costs. After Attorney General John O’Connor’s filing of non-intervention in the challenge filed by …

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US crude closed at $105 while volatility was in control of prices

  Crude oil prices managed another gain on Friday for the week, but were still down 4% for the week as volatility gripped control over little progress seen in talks between Russia and Ukraine. Prices for West Texas Intermediate crude for April delivery went up $1.72 to settle at $104.70 a barrel on the New …

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Baker Hughes rig count steady across U-S and Oklahoma

  The weekly count by Baker Hughes of oil and gas rigs in the U.S. and Oklahoma was unchanged this past week, an indication that many energy companies continue their resolve to maintain dividend growth rather than financing additional exploration. The oil and gas servicing company reported Friday the number of rigs in Oklahoma was …

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Supreme Court asked to okay total of $3 billion in storm costs bonds

  Make it $3 billion in ratepayer backed bonds a state agency wants the Oklahoma Supreme Court to approve to cover 2021 February winter storm costs experienced by four utilities. Filings were made March 16 by the Oklahoma Development Finance Authority to cover storm costs experienced by Public Service Company of Oklahoma, Oklahoma Natural Gas …

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Dems target Devon and others—want congressional hearing

    Democrats on a House Committee have put oil and gas companies again in their targets, planning to call leaders of three such firms, including Oklahoma-based Devon Energy to an April hearing on Capitol Hill. Whether the executive leaders of Devon Energy, EOG Resources and Occidental Petroleum will comply is another matter. An earlier …

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Oil companies offer millions in aid to Ukrainian war refugees

  Not to be outdone by Oklahoma City’s Devon Energy and its $20 million in humanitarian aid for Ukrainian war refugees, Pioneer Natural Resources in Dallas matched the offer. It also announced $20 million humanitarian aid to relief organizations operating in Ukraine and the surrounding region. The announcement came the same day that Devon made …

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Enverus reports US increase in rig activity

  The U.S. rig count rose by seven in the last week to 766 as of March 16, according to Enverus Rig Analytics. Activity levels are up 5% in the last month and 64% in the last year. The count was as high as 768 in the last week compared to a peak of 759 …

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