March 2022 archive

Permits to drill for March 28, 2022

Beaver County JUST #3, March 28 2022 01 2N 21EC CNE API: 00722971 ENCINO OPERATING LLC SH, RC, 7900 ft, CHESTER (LS BASAL)(7286), CHESTER BASAL(7824) Caddo County SAUNDERS #1-6, March 28 2022 06 10N 10W S2N2S2NE API: 01522438 Lat: 35.3723794079391, Long: -98.2933517717265 ARNOLD OIL PROPERTIES LLC SH, RC, 13780 ft, SKINNER(11802) Dewey County FERGUSON #1-15, March 28 …

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Crude prices fell on COVID lockdown in China—OK Stocks fell too

  Crude oil prices took a big hit on Monday and fell 7% on the worldwide markets after China’s financial hub of Shanghai implemented a lockdown to slow down a COVID-19 surge. The lockdown only raised fears again of harm to crude demand. It was China’s biggest COVID lockdown in 2 years and brought new …

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ConocoPhillips exploring sale of Anadarko assets

  Reports indicate ConocoPhillips Co. is possibly going to sell some 280,000 net acres in assets in Oklahoma and Texas that make up its Anadarko Basin holdings. The primary holdings are in the STACK and SCOOP plays according to CEO Ryan Lance. “Cash is cash. We just want to take advantage of the strong markets …

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New Mexico oil and gas sales to resume following court ruling

  A nearly 500 acre tract of public land in southeast New Mexico could be among the first where a sale of of drilling rights will be conducted following a federal court of appeals ruling. The proposed sale had been delayed for more than a year reported the Carlsbad Current-Argus. Click here for Carlsbad Current-Argus …

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More energy headlines

** Environmental activists say Chevron CEO Michael Wirth and lead director Ronald Sugar haven’t done enough on climate change and hope to have them voted out at the company’s shareholder meeting in May. ** Washington state Gov. Jay Inslee vetoed sections of an energy bill that would have given Eastern Washington residents more input and a broader, …

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OU Partnership With Project Canary to Launch Energy ESG Certificate Program

A collaborative project to establish an environmental, social and governance energy leadership certificate program has been launched at the University of Oklahoma, according to a university press release.   The Ronnie K. Irani Center for Energy Solutions in the Mewbourne College of Earth and Energy is partnering with Project Canary, an ESG-focused data analytics company, …

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3.3 Magnitude Earthquake Shakes Edmond on Sunday Morning

Edmond residents were jolted by a 3.3 magnitude earthquake on Sunday morning. The quake occurred slightly after 10 a.m. The U.S. Geological Survey showed the epicenter was located 3.9 miles east-northeast of Edmond and 14 miles south of Guthrie. The depth was 7.1 km. There were no reports of damage.  

Chesapeake CEO confident US will deliver on EU deal for more LNG

  “Encouraged.” It’s the response of Chesapeake Energy leader Dominic J. Dell’osso to the deal announced Friday by President Biden and European Union leaders for the US to supply more natural gas to Europe during the Russian invasion of Ukraine. Dell’osso, Chesapeake’s CEO and President told CNBC’s “Power Lunch“ program the US definitely has the …

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Oil prices shot up after terrorist attack

  A missile attack on an oil distribution facility in Saudi Arabia sparked crude prices to increase to more than $120 a barrel at one point in Friday’s trading before prices settled for the day. West Texas Intermediate crude for May delivery rose $1.56 or 1.39% to settle at $113.90 a barrel on the New …

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Permits to drill for March 25, 2022

Beaver County H A DUNN #6, March 25 2022 35 3N 25EC W2E2SWSW API: 00721692 LATIGO OIL AND GAS INC SH, RC, 7900 ft, MORROW SAND MID(7470), MORROW SAND LOW(7762) Beaver County H A DUNN #6, March 25 2022 35 3N 25EC W2E2SWSW API: 00721692 LATIGO OIL AND GAS INC SH, RC, 7900 ft, MORROW SAND MID(7470), …

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