One of the largest Buc-ee’s travel centers in the U.S. will be coming to Colorado. The Texas-based company that has the travel centers up and down I-35 will break ground this week on a 74,000 square feet center in Johnstown, Colorado. The size will tie the Buc-ee’s largest store located in Sevierville, Tennessee and …
June 2022 archive
Some oil execs are cashing out their holdings
In recent weeks, we’ve reported how executives of some Oklahoma and related companies with operations in the state have unloaded thousands of shares in their firms. They aren’t alone. Executives of big name companies have been doing the same, at a time when gas prices skyrocketed to record highs. Stock holdings for those oil …
New ethanol requirements announced by Biden administration
The Biden administration took another step in increasing the amount of ethanol that has to be blended into the gasoline supply in the U.S. It announced Friday new requirements for the 2022 levels for corn-based ethanol blended into gasoline at 15 billion gallons reported the Associated Press. Click here for AP
Completion reports for June 2, 2022
CUSTER COUNTY Kaiser-francis Oil Company Cherokee(11859): Oil 271 Gas 2129 Water 2115 Flow 5 13N 16W Muno 5-13-16 1h, March 24, 2022 HH, OIL, TD: 16863 ft Lat: 35.63784, Long: -98.92937 API: 35039226000000
Permits to drill for June 2, 2022
Canadian County LITTLE SAHARA 1107 #26-23-2MXH, June 01 2022 26 11N 7W NESWSESW API: 01725819 Lat: 35.39273687068889, Long: -97.91293271865007 CAMINO NATURAL RESOURCES LLC MU, DR, 18441 ft, MISSISSIPPIAN(10006), WOODFORD(10305) Canadian County LITTLE SAHARA 1107 #26-23-3WXH, June 01 2022 26 11N 7W NESWSESW API: 01725818 Lat: 35.39273686525528, Long: -97.91283206886266 CAMINO NATURAL RESOURCES LLC MU, DR, 18590 ft, MISSISSIPPIAN(10001), …
Coal pile landslide trapped two at Pueblo generating station
A rescue effort was underway late Thursday at an electrical generating station in Pueblo, Colorado after two workers were trapped in a coal pile landslide. The Denver Gazette reported the two were employees of Savage Systems, a subcontractor at the Comanche Generating Station. The newspaper said the victims were about 30 feet up on an …
Crude prices rose on crude inventory drop
The Cushing crude oil hub saw a slight gain in storage in the past week while nationally, U.S. crude inventories showed a larger-than-expected drop, resulting in a climb in oil futures on Thursday. At the same time, OPEC + decided to increase output in July and August. The organization agreed to raise its production …
Cushing sees slight growth in crude oil storage
Crude oil storage at the Cushing hub in Oklahoma was up slightly as of May 27 reported the U.S. Energy Information Administration. The weekly petroleum report by the EIA showed Cushing held 25 million barrels of crude oil in storage compared to 24.8 million as of May 20 of this year. The highest amount …
Enverus shows national oil and gas rig growth while Anadarko holds steady
The U.S. rig count rose by six in the last week to 802 as of June 2, according to Enverus Foundations. Oklahoma’s Anadarko Basin was unchanged. The count is up 1% in the last month and up 50% in the last year. Activity levels reached as high as 877 during the last week, down …
7-inch rainfall and 100 mph wind gust in western Oklahoma
The 7-inches of rain in western Oklahoma in the past several days is still the buzz in that part of the state. It should also go a long way in easing the drought faced by western Oklahoma farmers. State Climatologist Gary McManus explained it probably won’t be reflected on the most recent Drought Monitor report …
