April 21, 2022 archive

Completion reports for April 21, 2022

CARTER COUNTY Ardmore Production & Exploration Co Fusulinid Low(5532): Oil 2.7 Pump 35 3S 2W Aou 15-2, March 16, 2022 DH, OIL, TD: 6074 ft Lat: 34.24963, Long: -97.37460 API: 35019264460000 SEMINOLE COUNTY D J F Services Inc Cromwell Low: Oil 2.04 Water 28 Pump 8 7N 7E Harjogee 2-a, August 30, 2021 SH, OIL, TD: 4355 ft Lat: 35.10032, Long: -96.59616 API: 35133217110001

Permits to drill for April 21, 2022

Carter County BROOKS #3, April 21 2022 30 2S 2W CSWNWNW API: 01976049 Lat: 34.35886847119473, Long: -97.45640062779383 OTC/OCC NOT ASSIGNED SH, RC, 2327 ft, HEALDTON(2209) Okmulgee County M. OWENS #1, April 21 2022 35 13N 12E NWNWSWSE API: 11176049 Lat: 35.55511388048287, Long: -96.00588746205948 OTC/OCC NOT ASSIGNED SH, RC, 592 ft, BARTLESVILLE(529) Tulsa County HARJO #5, April 21 …

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Dividend declared by ONEOK

  The board of directors of ONEOK, Inc. on Thursday declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share. The dividend is payable May 16, 2022, to shareholders of record at the close of business May 2, 2022.

Crude oil rose again on Thursday but OK energy stocks suffered

  While traders considered a European ban of Russian oil, crude oil prices rose in Thursday’s trading. It didn’t help Oklahoma energy stocks as they took it on the chin. West Texas Intermediate crude for June delivery increased $1.60 to finish the day at $103.79 a barrel on the New York Mercantile Exchange. Global benchmark …

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Clean air report hands out pollution grades

  A new report from the American Lung Association reveals that nearly 9 million more people were impacted by particle pollution, which can be deadly, than in last year’s report. The report released on Thursday did not include any Oklahoma cities or counties on any lists of especially clean air in the U.S. None in …

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GOP Senators complain of unnecessary pipeline regulations

  Oklahoma U.S. Sen. Jim Inhofe is among 10 Republican Senators who have come out against the Biden administration’s recent move for more restrictions under a Nation Wide Permit review, a move they contend will slow down pipeline construction in the middle of a growing energy crisis. The Senators sent a letter to the administration …

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Oil and gas funds college scholarships

  The OERB says students at state universities have been awarded $283,000 in scholarships from the people of Oklahoma Oil & Natural Gas for the 2022-2023 academic year. The scholarship recipients, part of the Oklahoma Energy Resources Board’s (OERB) Petroleum Scholar Program, were selected through an application process based on their outstanding grades and work ethic. They include …

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Enverus reports slight growth in US rig count

  The U.S. rig count rose by three in the last week to 770 rigs as of April 20, according to Enverus Rig Analytics. Activity levels are down less than a percent in the last month and up 49% YOY. The count was as high as 781 in the last week, which is up 12 …

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Rep. Lucas targets Clean Energy Corps

No let up from Republicans on the House Science, Space and Technology Committee in holding President Biden accountable over his energy policies. Led by Oklahoma Congressman Frank Lucas, who is the Ranking member on the committee, the GOP members sent a letter this week to Energy Secretary Jennifer Granholm requesting detailed information about her department’s pllan …

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Other energy headlines from the World and US

** Bloomberg News reported this week that a cargo ship loaded with crude product from the U.S. Strategic Petroleum Reserves has departed a port in Texas bound for Europe. President Biden said the release of oil was to lower the price of gasoline. ** U.S. utilities will shed insights on whether soaring natural gas prices will crimp …

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