** The state of Utah and two Republican-leaning rural counties sued the Biden administration on Wednesday over the president’s decision last year to restore two sprawling national monuments on rugged lands sacred to Native Americans that former President Donald Trump had downsized. ** Climate activists have developed plans to foil a provision Senator Joe Manchin wedged into the new …
August 2022 archive
Laredo Petroleum executive leaves company
Laredo Petroleum just lost its Chief Operating Officer and the company indicated it won’t replace T. Karen Chandler. She was the company’s Senior Vice President and COO and left the company immediately, according to an SEC filing made by Laredo. The company stated that “Dr. Chandler’s departure was not the result of any disagreement …
Fight looms over protecting lesser prairie chicken in the Permian Basin
The debate is growing in New Mexico whether federal protections for the lesser prairie chicken, including Oklahoma, will harm the oil and gas industry. U.S. Rep. Yvette Herrell of New Mexico is fighting the federal proposal to list the bird as “endangered” reported the Carlsbad Current-Argus. Click here for Carlsbad Current-Argus
Permits to drill for August 24, 2022
Kingfisher County REDTAIL 13-15N-8W #3H, August 23 2022 13 15N 8W SESWSWSE API: 07326914 Lat: 35.7696174382535, Long: -98.00202862595481 DEVON ENERGY PRODUCTION CO LP HH, AM, 13663 ft, MISSISSIPPIAN (LESS CHESTER)(8700), WOODFORD(9250) Kingfisher County FOWLER TRUST 30-15-5 #2H, August 24 2022 30 15N 5W SESESWSW API: 07326916 Lat: 35.740932963438894, Long: -97.77718969221695 BCE-MACH III LLC HH, DR, 12457 ft, …
Completion reports for August 24, 2022
CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9655): Oil 278 Gas 741 Water 2289 Flow 25 12N 7W Black Kettle 1207 25-36-3mxh, May 18, 2022 HH, OIL, TD: 17412 ft Lat: 35.48722, Long: -97.88739 API: 35017257380000 Citizen Energy Iii Llc Mississippian(9309): Oil 621 Gas 2489 Water 1232 Flow 34 11N 6W Skywalker 34-27-11-6 2mxh, December 11, 2019 HH, OIL, TD: 20033 ft Lat: 35.37802, Long: -97.82498 API: 35017253740000 …
Mammoth Energy in search of more investors
On the day its shares rose nearly 11%, Oklahoma City-based Mammoth Energy Services Inc. announced plans to take part in two upcoming investor conferences. Arty Straehla, Chief Executive Officer, and Mark Layton, Chief Financial Officer, are scheduled to meet with investors at the Barclays 2022 CEO Energy-Power Conference in New York City on …
Talks with Iran continue boosting oil prices
Oil prices in the U.S. and overseas rose on Wednesday following word that the U.S. won’t ask for additional concessions in a proposed restoration of Iran’s nuclear deal, a move that would allow Iran to export more oil on the world markets. West Texas Intermediate crude for October delivery managed a $1.15 increase to settle …
Chickasha company could be fined millions over recent hazardous waste fires
Oklahoma environmental regulators came down hard Tuesday on a Chickasha company, proposing more than $6 million in fines stemming from recent fires sparked by hazardous waste. Rob Singletary, general counsel at the Oklahoma Department of Environmental Quality announced the penalties according to News 9. Click here for News 9
50% increase in oil export revenues expected for OPEC this year
A new government forecast predicts OPEC members will earn about $842 billion in oil export revenue this year, the most inflation-adjusted net oil export revenue for the group in 8 years. The U.S. Energy Information Administration made the prediction, stating that OPEC nations collectively earned $992 billion back in 2014. “Based on our forecasts …
Research group defends criticism of Oklahoma’s storm-cost recovery plan
A research group whose study in February roundly criticized Oklahoma’s cost-recovery method allowed for utilities over 2021 Winter Storm Uri costs, defends its conclusions in response to an Oklahoma Corporation Commission official’s critical comments. Intelometry, the firm OK Energy Today first reported about last winter, a report used by opponents of the bond-securitization plan …