Continental Resources held its annual shareholders meeting last week in Oklahoma City where seven directors, including company founder Harold Hamm were chosen to the Board of Directors. Hamm was chosen along with Continental President and CEO William Berry. Others elected by shareholders were: Shelly Lambertz, Lon McCain, John T. McNabb, II, Mark E. Monroe and Timothy G. Taylor. The …
May 2022 archive
Crude oil prices finished up on Friday
The European Union just can’t come to a fast and solid decision to totally ban Russia’s flow of oil and gas to its member countries and as a result, concerns caused a slight gain in crude oil prices on Friday. In the U.S., West Texas Intermediate crude for June delivery increased $1.02 to close …
Interior Secretary left stammering over Manchin and Lankford questions about Biden energy policies
To say Interior Secretary Deb Haaland had a rough day before a Senate Committee hearing last week might be considered an understatement. First she was pummeled by Democrat Sen. Joe Manchin, then politely hauled onto the carpet by Oklahoma Republican Sen. James Lankford as the two pursued questions about the Biden administration’s continued attack …
Oklahoma sees more drilling rigs in the oilfields
Oil and gas drilling in Oklahoma continued to see a slight increase as the latest Baker Hughes Co. rig report shows the state’s rig count increased by one to reach 58 rigs this past week. A year ago, there were only 26 active oil and gas rigs in Oklahoma. But the gain totaled 32 …
OCC staff change
The Oklahoma Corporation Commission was forced to make some staff changes following the recent departure of Tim Rhodes who had been the commission’s Director of Administration. Rhodes left to be Executive Secretary of the University of Oklahoma Board of Regents. Commissioners went ahead and appointed Brandy Wreath as interim Director of Administration. Wreath is …
Guilty plea by former Mammoth Energy executive
A former Mammoth Energy Services executive whose bribery of a former FEMA executive during power restoration of Puerto Rico’s hurricane damage in 2018 led Mammoth into critical financial issues has made a guilty plea in federal court. Click here for The Oklahoman
Devon Energy moves ahead with new Texas gas pipeline
Oklahoma City’s Devon Energy reached an agreement with WhiteWater, Enlink Midstream, LLC of Austin on investments to move forward with the construction of the Matterhorn Express Pipeline carrying natural gas out of the Permian Basin to Houston, Texas. The firms say the decision to begin construction came after they secured sufficient firm transportation …
Latest big producers in western Oklahoma
A Western Oklahoma well drilled by the Kaiser-Francis Oil Company of Tulsa brought in more than 2,100 barrels of oil a day. The Muno 5-13-16 1h, drilled in Custer County at 5 13N 16W, a site about 3 miles southwest of the town of Custer City was completed in March of this year. It had production of …
Permits to drill for May 20, 2022
Canadian County JANICE 1409 #2-13-24MXH, May 20 2022 12 14N 9W SWSESESE API: 01725814 Lat: 35.69711330586106, Long: -98.10195874240317 MARATHON OIL COMPANY MU, DR, 21571 ft, MISSISSIPPI SOLID(9961) Canadian County JANICE 1409 #3-13-24MXH, May 20 2022 12 14N 9W SWSESESE API: 01725813 Lat: 35.697113306769054, Long: -98.10187455004116 MARATHON OIL COMPANY MU, DR, 20788 ft, MISSISSIPPI SOLID(9921) Carter County MAYWALKER …
Completion reports for May 20, 2022
BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10600): Oil 1181 Gas 3786 Water 1975 Flow 27 15N 10W Columbine 22_15_10-15n-10w 5hxx, December 15, 2021 HH, OIL, TD: 26696 ft Lat: 35.75321, Long: -98.25059 API: 35011242610001 OKMULGEE COUNTY Bona Tangent Llc Booch Sand(2200): Oil 1 Gas 50 Water 5 Pump 4 15N 11E Mary Lou 1-4, April 01, 2022 SH, GAS, TD: 2935 ft Lat: 35.80679, Long: …
