April 7, 2022 archive

Completion reports for April 7, 2022

CIMARRON COUNTY Verdugo-pablo Energy Llc 23 1N 8E Prothro 1-23, May 10, 2021 SH, PLUG, TD: 1794 ft Lat: 36.53951, Long: -102.16903 API: 35025210820000 HARPER COUNTY Tex-ok Energy Lp Marmaton: Oil 3.34 Gas 48 Water 1 Pump 33 29N 22W Stu 1, December 14, 2021 SH, OIL, TD: 6300 ft Lat: 36.94532, Long: -99.59052 API: 35059226370000 STEPHENS COUNTY Banner Oil & Gas Llc …

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Permits to drill for April 7, 2022

permits: none were processed today

Oilfield fatality reported near Blackwell, Oklahoma

  Details remain unavailable but one worker was killed and another injured Wednesday in an oilfield incident near Blackwell, Oklahoma. Reports suggested a truck might have been blown over by high winds. The identity of the company was not available nor were other details. The Oklahoma Highway Patrol was reportedly investigating but a spokeswoman indicated …

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Concerns over sanctions against Russia result in crude price drop

  Crude oil prices settled even lower in Thursday’s trading on growing concerns that more sanctions against Russia over its war with Ukraine won’t work. Add to that, the concerns of the new wave of COVID-19 that resulted in more lockdowns in China. West Texas Intermediate crude fell 20 cents or 0.6% to finish at …

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Oil executives can expect to go before other congressional committees

  Democrats in Congress aren’t satisfied with the grilling they gave Devon Energy and other oil and gas industry representatives during a House hearing this week. Now leaders of other congressional committees want to pile on the oil companies in an attempt to blame them for high prices at the gasoline pumps. The U.S. Senate …

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Inhofe couldn’t pin down EPA Administrator on methane tax

  Oklahoma U.S. Sen. Jim Inhofe tried to pin down EPA Administrator Michael Regan this week on whether a methane tax pushed by the Biden administration would lower fuel prices in the U.S. but what he received were vague answers. The Senator questioned Regan during a hearing of the senate Environment and Public Works Committee …

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Continental Resources to hold annual shareholders meeting May 19

  The upcoming annual shareholders meeting by Continental Resources Inc. will be a virtual gathering on Thursday, May 19. The company filed a Proxy Statement with the Securities and Exchange Commission showing the planned agenda including the adoption of the 2022 Long-Term Incentive Plan, the ratification of the selection of independent auditors and the approval …

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Enverus rig count shows drop nationally

  The U.S. rig count was down by two week over week at 757 rigs as of April 6, according to Enverus Rig Analytics. But the Texas-based firm showed rig numbers were on the increase in the Anadarko Basin. Activity levels are down 0.3% in the last month and up 58% YOY. The count was …

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Cushing’s crude stocks rebound

  A new report by the U.S. Energy Information Administration shows the amount of crude oil in storage at the Cushing hub increased slightly in the past week. The most recent figure was from April 1  when Cushing held 25.9 million barrels of crude oil. It was an increase of 1.7 million barrels compared to …

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ODOT launches work zone safety campaign; nearly $130 million in contracts awarded

  The Oklahoma Transportation Commission awarded nearly $130 million in highway construction projects during its meeting this week in Oklahoma City. Contracts were awarded for major projects on US-62 in Muskogee County, US-259 in McCurtain County and US-69 in Atoka and Bryan counties.  Secretary of Transportation and ODOT Executive Director Tim Gatz unveiled a spring …

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