March 24, 2022 archive

Permits to drill for March 24, 2022

Alfalfa County MCDANIEL #3-18H, March 24 2022 19 25N 11W NENENENW API: 00323409 Lat: 36.63682330929122, Long: -98.42420628818823 AEXCO PETROLEUM INC HH, DR, 11000 ft, MISS’AN LM(5900) Alfalfa County MACDONALD #2-17H, March 24 2022 17 25N 11W SESWSWSW API: 00323408 Lat: 36.63821188676477, Long: -98.4126055324035 AEXCO PETROLEUM INC HH, DR, 11000 ft, MISS’AN LM(5900) Dewey County TITUS SOUTH #25-36-1XH, …

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Completion reports for March 24, 2022

BLAINE COUNTY Continental Resources Inc Woodford(13308): Oil 82 Gas 6045 Water 1823 Flow 1 14N 13W Simmons 7-1-12xhw, January 12, 2022 HH, GAS, TD: 23171 ft Lat: 35.72441, Long: -98.53381 API: 35011242750000 CANADIAN COUNTY Ovintiv Usa Inc 15 14N 7W Peters 1407 2h-15x, December 22, 2021 HH, DRY, TD: 19655 ft Lat: 35.69596, Long: -97.93356 API: 35017256680001 GRADY COUNTY Camino Natural Resources Llc …

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Crude prices slipped as EU leaders couldn’t agree on total Russian boycott

  A failure by the European Union to agree on a plan to boycott Russian oil led to a 2% fall in crude prices in Thursday’s trading but prices still ranged from $112 to $119 a barrel in the US and overseas. All the while, Russian troops are mired in growing fighting with Ukrainian forces. …

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Occidental to build carbon removal plant in Permian

  The Permian Basin in West Texas and southeast New Mexico is expected to be the site of a carbon capture plant, courtesy of Occidental Petroleum Corp. The company plans to spend up to $300 million on the industrial-scale operation reported S&P Global. Click here for S&P Global

Devon Energy investors await 1Q report in May

  The first quarter earnings report by Devon Energy Corp. will be released in early May and no doubt a lot of investors and analysts will be watching closely to see if the energy company will be able to top what it did in the fourth quarter of 2021. The company announced this week it …

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Inhofe points to Biden for higher gasoline prices

  Even though he’s retiring after a long stint in the Senate, it doesn’t mean Oklahoma U.S. Sen. Jim Inhofe doesn’t want to hold the Biden administration responsible in part for high gasoline prices. During a hearing this week of the Environment and Public Works Committee, the Senator was pointed in his questions of witnesses …

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Honeywell Aerospace closing shop in Tulsa

  Honeywell Aerospace announced it plans to close its Tulsa operation in the next few months. In a Worker Adjustment and Retraining Notification or WARN Act notice sent to Oklahoma’s Office of Workforce Development, the company said it would be permanently closing its Tulsa facility at 6930 N Lakewood Avenue. Megan Flax, Honeywell’s HR Manager …

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Enverus U-S rig count plunged in the past week

  Oil prices worldwide remain high over the Russian invasion of Ukraine but that apparently hasn’t translated into a rush for more oil and gas exploration in the U.S. according to the latest rig report from Enverus Rig Analytics. The U.S. rig count fell by 13 in the last week to 754 as of March …

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Large producer for Cimarex Energy

  Cimarex Energy Co. filed a completion report this week on a well with more than 1,000 barrels of oil a day production in Canadian County. The company completed the Elder 2h-2623x, located at 36 11N 8W, in August of 2021. The well, sited 4 miles west of Union City had production of 1,048 barrels of oil …

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NW Arkansas highway nominated for alternative fuel corridor

     Regional planners in northwest Arkansas have taken the step of nominating part of U.S. 412 as an alternative fuel corridor for electric vehicles. The move by the Northwest Arkansas Regional Planning Commission would focus on a 22-mile stretch of US 412 from I-49 to the state line, a segment that eventually is expected …

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