August 26, 2022 archive

Completion reports for August 26, 2022

BEAVER COUNTY Latigo Oil And Gas Inc Kansas City(5500): Oil 11 Gas 20 Pump 12 4N 26E Barby C-12 3, July 18, 2022 SH, OIL, TD: 6000 ft Lat: 36.82236, Long: -100.20699 API: 35007227660001 CANADIAN COUNTY Canvas Energy Llc Mississippian(10030): Oil 338 Gas 4779 Water 1402 Flow 28 12N 7W Blackburn 1207 2lmhx-28-33, October 13, 2021 HH, OIL, TD: 17713 ft Lat: 35.48662, Long: -97.94445 …

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Permits to drill for August 26, 2022

Alfalfa County CONSTANTIN 34-28-12 #2H, August 26 2022 34 28N 12W NENENWNW API: 00323415 Lat: 36.86910300934249, Long: -98.48160043308998 BCE-MACH LLC HH, DR, 10500 ft, MISSISSIPPIAN(5140) Harper County CADY WILMOTT #3-3, August 26 2022 03 26N 25W CNE API: 05922049 Lat: 36.76457008578482, Long: -99.87747309040095 LATIGO OIL AND GAS INC SH, RC, 7300 ft, MORROW SAND(6750), CHESTER LIME(6850) Kingfisher …

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$1.3 billion in winter securitization bonds sold for Oklahoma Natural Gas

  Another round of ratepayer-backed bonds was approved in the past several days in connection with long-term increased customer payments designed to help utilities in Oklahoma recover 2021 Winter Storm costs. Oklahoma Natural Gas Company announced Friday its securitization bonds were sold by the Oklahoma Development Finance authority. The sale totaled $1,354,200,000 as allowed under …

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Other headlines of energy stories

** The Department of Transportation declared a regional emergency Saturday affecting four Midwest states after a fire earlier this week caused an “unanticipated shutdown” of a BP oil refinery in Indiana. Illinois, Indiana, Michigan, and Wisconsin collectively receive up to 25% of their fuel from the Whiting refinery. ** Nearly 200 criminal cases against pipeline protesters are still open from a long series of Line …

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Crude oil prices managed gains on Friday while OK energy stocks dropped

  Crude oil prices managed a gain on Friday, despite the warning from the head of the Federal Reserve to expect increased interest rates as the country battles inflation. Signals from Saudi Arabia that OPEC might cut its output sent the prices upward as West Texas Intermediate crude for October delivery managed a 54-cent gain …

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Oklahoma gets Interior Department funding to clean-up abandoned oil and gas wells

  Oklahoma is among 24 states getting a share of $560 million from the U.S. Interior Department to start cleanup of what the agency called “high-priority derelict oil and gas wells” abandoned on state and private land. Oklahoma will receive an initial grant of $25 million to plug, cap and reclaim orphaned oil and gas …

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Crude oil production on the increase in the Eagle Ford of South Texas

  While the latest rig count showed a slight decline in the number of rigs drilling for oil in the Eagle Ford of South Texas, the federal government reports production has been climbing in the shale play since February, a play where several Oklahoma energy firms have active operations. The U.S. Energy Information Administration issued …

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University of Arkansas makes deal for off-campus solar power

  Entergy and the University of Arkansas are joining efforts to allow the university to buy electrical power from an off-campus solar farm to be built by the utility. The University expects to save $200,000 in its first year and eventually millions of dollars over the next 25 years according a report by the University …

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Surprise! Panasonic might pick Oklahoma for a 2nd $4 billion battery plant

  Oklahoma might not be out of the running for a $4 billion Panasonic battery plant. After Panasonic Holdings Corp. chose a site in Kansas for the first such plant, now the firm is indicating it wants to build a second plant to supply electric-car maker Tesla. The Wall Street Journal reported Friday that Panasonic …

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Slight growth in rig numbers nationally while Oklahoma is unchanged

  The latest figures from Baker Hughes showed an increase of 3 rigs to bring the national rig numbers to 765 while in Oklahoma, the count was unchanged from a week ago. Oklahoma’s count stayed at 65, more than double the 31 rigs reported in the state a year ago. Nationally, the new figures showed …

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