April 2022 archive

No change in weekly rig count in Oklahoma

  Baker Hughes reported the number of oil and gas drilling rigs active in the U.S. rose by 3 in the past week while Oklahoma’s count was unchanged. The latest Baker Hughes rig report showed Oklahoma has 51 rigs actively seeking oil and gas. The national count increased to 698. The gain included three more …

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Why do we need to extend EV tax credits?

  Extending tax credits for electric vehicles isn’t being supported by Senator Joe Manchin and if he’s against it, it probably means the Biden administration’s push for the extension could fail on capitol hill. “There’s a waiting list for EVs right now with the fuel price at $4. But they still want us to throw …

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Chevron follows Continental Resources shale move

  Continental Resources Inc. isn’t the only major U.S. driller to indicate plans for boosting its shale production while crude prices are high. At least another major firm has joined the Oklahoma City-based company in attempting to take advantage of prices that are more than $100 a barrel. Chevron has joined the list reported Bloomberg. …

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Solar projects hit by trade probe

    The nation’s $30 billion U.S. solar industry is in a quandary. Just as the industry was seeing rapid growth, it was hit by a Biden administration trade probe that resulted in a large slowdown in the availability of equipment. Projects throughout the U.S. were stopped in their tracks reported Bloomberg.   Click here …

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New Mexico transmission line closer to approval

  The Interior Department says it’s finished another environmental review of a proposed transmission line to carry wind-powered electricity from rural New Mexico to large cities in the western part of the U.S.   Click here for Associated Press

Colorado legislature works on bill to help cities hurt by coal plant closings

  Colorado legislators are a step closer to providing millions to help towns and cities recover from the closing of coal power plants and mines. Click here for Denver Gazette

Guymon water project gets $1 million funding from feds

  The city of Guymon received a $1 million grant from the U.S. Department of Commerce’s Economic Development Administration to expand and improve the wastewater system in its industrial park.   “Investing in Oklahoma’s communities ensures the creation of jobs and greater growth opportunities for businesses. I’m pleased the city of Guymon is receiving this …

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Additional energy headlines from US and World

** West Texas saw 59 earthquakes in the first three months of 2022, fueling worries that hydraulic fracking has stressed fault lines and is turning America’s oil-drilling capital into its earthquake capital. ** Chevron will produce at least 15% more from the Permian Basin this year compared with 2021, for a total output of about about …

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Completion reports for April 29, 2022

CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian (less Chester): Oil 736 Gas 752 Water 2086 Flow 7 14N 5W Treece 1405 1-18mh, November 05, 2021 HH, OIL, TD: 13308 ft Lat: 35.69678, Long: -97.77673 API: 35017257020000 MCCLAIN COUNTY Glb Exploration Inc Deese: Oil 1 Water 132 Pump 24 5N 3W Hogue 1-24, September 30, 2021 SH, OIL, TD: 7490 ft Lat: 34.89565, Long: -97.46197 …

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Permits to drill for April 29, 2022

Beaver County H A DUNN #6, March 25 2022 35 3N 25EC W2E2SWSW API: 00721692 LATIGO OIL AND GAS INC SH, AM, 7900 ft, MORROW SAND MID(7470), MORROW SAND LOW(7762) Beaver County JANZEN #6-54, April 29 2022 13 2N 21EC CNE API: 00721218 ENCINO OPERATING LLC SH, RC, 8240 ft, CHESTER (LS BASAL)(7536) Beaver County NEWLAND TRUST …

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