Oklahoma Gov. Kevin Stitt makes it law—the state will no longer do business with financial firms that discriminate against oil and gas companies. After legislative approval, House Bill 2034 was sent to the governor who signed the measure last week. Officially known as the “Energy Discrimination Elimination Act,” the new law will require the …
May 2022 archive
New wells reported in Oklahoma
Some of the latest completion reports filed for new wells in Oklahoma include four Continental Resources wells on a single pad in Grady County. The wells, located at 29 6N 6W, a site a few miles southeast of the city of Chickasha had a combined production of more than 900 barrels of oil a day. Not …
Completion reports for May 13, 2022
BLAINE COUNTY Continental Resources Inc Woodford(11235): Oil 43 Gas 54 Water 1297 Flow 12 16N 11W Binder 2r-13h, December 13, 2021 HH, OIL, TD: 16321 ft Lat: 35.87163, Long: -98.32949 API: 35011236600001 CARTER COUNTY Xto Energy Inc Hewitt: Oil 82 Water 743 Pump 16 4S 2W Hewitt Unit 16-2004, April 07, 2022 SH, OIL, TD: 2530 ft Lat: 34.21115, Long: -97.41145 API: 35019230190001 DEWEY COUNTY Crawley …
Permits to drill for May 13, 2022
Creek County STANDING BEAR #4-1, May 13 2022 04 14N 9E CNWNW API: 03729490 Lat: 35.724437698851034, Long: -96.36729026289724 BARDEN/BASS OIL & GAS EXPLORATION SH, DR, 4000 ft, LAYTON(1300), SKINNER(2325), RED FORK(2550), BARTLESVILLE(2750), DUTCHER(3100), VIOLA(3740), WILCOX(3780) Kingfisher County LINCOLN SOUTHEAST OSWEGO UNIT #34-3HO, May 13 2022 21 17N 5W NWNWNENW API: 07326866 Lat: 35.94068360381303, Long: -97.74190363854309 HINKLE OIL …
Oklahoma sees gain in rig count
The number of oil and gas rigs active in the U.S. field increased by 9 over the past week to reach a total of 714 while Oklahoma also saw a gain of rigs. Baker Hughes reported on Friday that the statewide count grew by 4 for a total of 57 oil and gas rigs …
Colorado utility close to winning approval for $509 million 2021 storm cost recovery
One more step and Xcel Energy in Colorado will be able to raise rates on ratepayers to pay for more than one-half billion dollars in high natural gas costs experienced in the February 2021 storm Uri. An administrative law judge is recommending Colorado regulators approve Xcel Energy’s move to recover $509 million and pass …
Cypress Environmental seeks Chapter 11 bankruptcy protection
Cypress Environmental Partners, L.P. announced Friday that it filed for Chapter 11 bankruptcy protection and reached a restructuring support agreement with its priority senior secured lender. The move with affiliate of Argonaut Private Equity is expected to clear nearly $58 million of debt by Cypress. The petition was filed in the U.S. Bankruptcy …
Permits to drill for May 12, 2022
Garvin County CAMPBELTOWN #1-27-26-25XHW, May 12 2022 27 1N 2W NWSWSESW API: 04925362 Lat: 34.522944603575475, Long: -97.40063617474802 CONTINENTAL RESOURCES INC MU, DR, 26137 ft, SYCAMORE(13120), WOODFORD(13399), HUNTON(13630) Kingfisher County RUEB 1507 #2H-26X, May 12 2022 26 15N 7W SENWNENW API: 07326863 Lat: 35.75384162665491, Long: -97.91683417677349 OVINTIV USA INC MU, DR, 18989 ft, MISSISSIPPIAN(7837), WOODFORD(8339) Kingfisher County RUEB …
Completion reports for May 12, 2022
CREEK COUNTY Oakland Petroleum Operating Co Inc Arbuckle(2369): Oil 10 Water 400 Pump 18 18N 7E Jessie Bruner 54, December 28, 2021 SH, OIL, TD: 2670 ft Lat: 36.04554, Long: -96.61164 API: 35037294420000 HUGHES COUNTY Foundation Energy Management Llc Woodford(7561): Gas 360 Water 267 Pump 26 4N 10E Edwards 1-26, November 08, 2021 HH, GAS, TD: 9933 ft Lat: 34.79550, Long: -96.22370 API: 35063237050002 MARSHALL …
US crude prices made slight gain on Thursday
Crude oil prices made more slight gains in Thursday’s trading in the U.S. but dropped in Europe as supply issues remain a concern. West Texas Intermediate crude for June delivery went up 42 cents to settle at $106.13 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude for July delivery slipped …
