Williams announced its nearly $1 billion acquisition of the Haynesville gathering and processing assets of Trace Midstream on Monday. Trace is a portfolio company of Quantum Energy Partners and is being acquired in a transaction valued at $950 million. The acquisition will allow for an expansion of Williams’ existing footprint in the Haynesville, considered …
March 2022 archive
Mammoth Energy slams Puerto Rico’s attempted bankruptcy move
Oklahoma City-based Mammoth Energy Services is having nothing of efforts by Puerto Rico’s governor to end a more than $8 billion bankruptcy agreement to allow its Power Authority to come out of bankruptcy. As of the end of February, Mammoth, through its subsidiary Cobra was still owed $344 million including $117 million in interest …
Republicans want probe over possible Russian funding of environmental groups
Oklahoma Congressman Markwayne Mullin is among Republicans on a House committee who want certain environmental groups to reveal their ties to a group that was reportedly used by Russia’s Vladimir Putin to affect US energy production. He and others on the House Energy and Commerce Committee sent a letter to the Sierra Club, the League of …
$4 gasoline hits several counties in Oklahoma
Four-dollar gasoline hits Oklahoma. The American Automobile Association reported Sunday that while the state’s average was only $3.86, at least six counties had averages above $4 including Coal County with the highest level at $4.13 a gallon for regular gasoline. The growing pressure of Russia’s war in Ukraine and the response of the world …
$1 million telemedicine grant awarded SWOSU’s College of Pharmacy
Southwestern State University’s College of Pharmacy has received a $1 million USDA telemedicine grant. The award will provide telemedicine equipment to rural schools across the state according to the announcement by US Rep. Frank Lucas, SWOSU President Dr.. Diana Lovell and SWOSU Center for Rural Health Director Dr. Randy Curry. “Bridging the digital divide …
Mullin says we can thank Biden for high gas prices
No letup from Oklahoma Congressman Markwayne Mullin and his criticism of President Biden over his anti-oil-and-gas programs. In his latest “Mullin It Over” column to constituents under the title of “The Cost of President Biden’s Anti-American Agenda,” the Republican Representative said Biden’s blaming of record-high gas prices on the crisis in Ukraine is “a …
Who gets oil from Russia?
Ban the purchase of imported oil from Russia. It’s what the Biden administration finally did after being pressured by Republicans and Democrats in Congress. Sounds easy, right? Easy—if you’re the U.S. where purchases really total a small amount compared to European countries. Russia is the world’s biggest exporter of oil to global markets and …
Completion reports for March 11, 2022
GRADY COUNTY Camino Natural Resources Llc Mississippian(13487): Oil 21 Gas 8252 Water 3332 Flow 23 6N 7W John Keeling 0607 23-14-1mxhr, December 31, 2021 HH, GAS, TD: 23427 ft Lat: 34.97769, Long: -97.90081 API: 35051248680000 Camino Natural Resources Llc Woodford(16618): Oil 35 Gas 11832 Water 3281 Flow 23 6N 7W Joyce Keeling 0607 23-26-1wxh, January 01, 2022 HH, GAS, TD: 24336 ft Lat: 34.97769, Long: -97.90058 …
Permits to drill for March 11, 2022
Blaine County WATSON NORTH FEDERAL #3-5-8-17XHM, March 11 2022 32 15N 13W SESWSESE API: 01124308 Lat: 35.72593954748784, Long: -98.59981511659505 CONTINENTAL RESOURCES INC MU, DR, 27961 ft, MISSISSIPPIAN(12497) Blaine County WATSON NORTH FEDERAL #3-5-8-17XHM, March 11 2022 32 15N 13W SESWSESE API: 01124308 Lat: 35.72593954748784, Long: -98.59981511659505 CONTINENTAL RESOURCES INC MU, DR, 27961 ft, MISSISSIPPIAN(12497) Dewey County CARTER …
War in Ukraine keeps crude oil prices high
Despite a gain on Friday, crude oil prices settled lower in trading for the week as investors remained anxious over what the war in Ukraine will do with the market. The decline for the week was the steepest since November. West Texas Intermediate cruder for April delivery jumped $3.31 to settle at $109.33 a …