August 30, 2022 archive

Permits to drill for August 30, 2022

Canadian County NIEMANN 1306 #1H-6X, August 30 2022 08 13N 6W NWSWSESW API: 01725842 Lat: 35.610500978847355, Long: -97.86511469308678 OVINTIV USA INC MU, DR, 19771 ft, WOODFORD(8849) Coal County MARTIN #2A, August 30 2022 35 1N 9E SWNWNWNE API: 02921432 Lat: 34.518648569681105, Long: -96.32724930098556 WENTWORTH OPERATING COMPANY DH, DR, 4700 ft, UPPER ATOKA(1700), MIDDLE ATOKA(2700), SPIRO (BASAL ATOKA)(3500) …

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Completion reports for August 30, 2022

CUSTER COUNTY Mewbourne Oil Company Red Fork(11540): Oil 369 Gas 1816 Water 1083 Flow 1 13N 17W Barrick 36 Pa 1h, June 18, 2022 HH, OIL, TD: 16545 ft Lat: 35.63787, Long: -98.95514 API: 35039226020000 KAY COUNTY Iron Hawk Energy Group Jv 27 27N 1E Mitchell 3-27v, October 12, 2021 SH, DRY, TD: 4334 ft Lat: 36.79310, Long: -97.18622 API: 35071249270000 OKLAHOMA COUNTY …

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Crude oil makes big drop while OK energy stocks suffered on Tuesday

  A day after crude oil prices managed a robust increase, they plunged by nearly $6 a barrel in Tuesday’s trading on growing worries that central banks will hike rates to fight increasing inflation. Plus, there is the concern over unrest in Iraq. It all took effect on Oklahoma energy stocks as they fell from …

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Trump’s “I told you so” warning about energy dependency on Russia

  At the time President Donald Trump went public in 2018 with his criticism of Germany being too energy dependent on Russia and its natural gas, it drew smirks from Germany’s leaders. Remember those pictures of German officials sitting at the 2018 U-N General Assembly during a Trump speech and how they laughed and smirked …

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Share repurchase renewed by Civeo

  Oilfield man-camp operator Civeo Corporation announced  that its Board of Directors has renewed its share repurchase authorization for the Company to repurchase up to 5% of its total common shares outstanding through the facilities of the New York Stock Civeo intends to fund repurchases through cash on hand and cash generated from operations. In …

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New well in Oklahoma’s Stephens County

  A southern Oklahoma well produced nearly 1,000 barrels of oi a day when it was completed earlier this year. A completion report filed by Black Mesa Energy LLC of Tulsa was on a Stephens County well, 36 1S 4W , located east of the town of Alma. The Rangers 36-25-1s-4w Sxh 1, spudded in December 2021 was …

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Southwest Power Pool announces additional commitments to western market development

  More utilities in the western part of the nation are interested in being served by the Southwest Power Pool of which Oklahoma is a member. Southwest Power Pool (SPP) announced six additional entities have expressed interest in participating in the next phase of Markets+ development. Avista Corp., Chelan County Public Utility District, Grant County …

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Commissioner raises new allegations over bonds used by utilities to cover storm costs

  Oklahoma Corporation Commissioner Bob Anthony continued his criticism this week of the ratepayer-backed bonds being used by Oklahoma Natural Gas to cover its February 2021 Winter Storm costs. He also raised new allegations against the Oklahoma Development Finance Authority in issuing bonds for the utilities that used them to cover those costs. In a …

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Report claims Texas is losing millions over its ban against some investment firms

  A recent move by the state of Texas to no longer do state business with 10 financial firms that ban investments in fossil fuels is reportedly costing the state hundreds of millions of dollars this year. That’s what National Public Radio reported this week. Click here for NPR

Supreme Court ruling might be weapon against Texas nuclear waste storage site

  Texas Attorney General Ken Paxton is using a recent U.S. Supreme Court EPA ruling to fight the federal government’s approval of a nuclear waste storage site in West Texas. Paxton says the court’s June 30 ruling, which limited how the nation’s main anti-air pollution law can be used to reduce carbon dioxide emissions, can …

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