October 17, 2022 archive

Permits to drill for October 17, 2022

Carter County BUD 2 #2-31, October 17 2022 31 2S 2W NWNENWSE API: 01926521 Lat: 34.3389914578333, Long: -97.446298072649 SPRING OPERATING COMPANY SH, DR, 10700 ft, MARKHAM(5000), ALDRIDGE(5800), HUMPHREYS 401HMPR 6200 8 HUNTON(7700), SIMS(6400), GOODWIN(6700), SYCAMORE(6800), WOODFORD(7100) Grady County SAVAGE #3D-15, July 25 2022 15 9N 8W NENENWSW API: 05124952 Lat: 35.253645592474236, Long: -98.03863705263667 CITIZEN ENERGY III LLC …

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Completion reports for October 17, 2022

BEAVER COUNTY Resource Oil And Gas Llc 2 1N 21E Delk Swd (Delk 2-2) 2-2, October 17, 2022 SH, DRY, TD: 8123 ft Lat: 36.58563, Long: -100.76213 API: 35007234070002 GRADY COUNTY Continental Resources Inc Mississippian(14989): Oil 359 Gas 10527 Water 4807 Flow 17 6N 6W George 3-17-8xhm, July 27, 2022 HH, GAS, TD: 25025 ft Lat: 34.98647, Long: -97.86278 API: 35051248950000 Continental Resources …

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Investor not happy with Continental’s agreed takeover by Harold Hamm

  The biggest minority investor in Continental Resources says Harold Hamm’s latest offer to take private the Oklahoma City energy company is still too low. It’s what Cole Smead, president of Smead Capital said after Continental announced a merger agreement with Hamm and his family. He was quoted by Bloomberg and Seeking Alpha on Monday …

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Crude oil prices slipped while OK energy stocks made gains

  Crude oil prices sagged slightly in Monday’s trading while Oklahoma energy stocks had a strong trading day with some making gains of 7% and 8%. Still, fears exist about the high inflation and energy costs and how they might bring down the global economy into a definite recession. Benchmark U.S. crude oil for November …

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Oklahoma regulator to provide update on Southwest Power Pool activities

  Oklahoma Corporation Commission Chair Dana Murphy will be presenting an update on activities at the Southwest Power Pool (SPP),  many of which will impact Oklahoma utilities and their customers. The public meeting will be held Tuesday, October 18 at 9:30 a.m. in Room 301 of the Jim Thorpe State Office Building, 2101 North Lincoln, …

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Oklahomans’ interest in EVs is in the “middle of the road”

  A new study released by QuoteWizard shows Oklahoma is ranked in the middle of the 50 states when it comes to electric vehicle infrastructure. Oklahoma is ranked 29th with nine charging stations for every 10,000 vehicles. The state had an electric vehicle adoption rate of 0.58%. The study also ranked Oklahoma number 28 for a 45% …

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Harold Hamm to complete his private takeover of Continental Resources

  Billionaire Harold Hamm is getting his wish. He and his family are taking back Continental Resources, the company he founded in the late 1960s, and making it privately owned. It’ll cost him $4.3 billion. Continental Resources announced Monday it had entered into an agreement and plan of merger with Omega Acquisition, Inc., a firm …

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Vandals hunted for $500,000 in damage to site in Owasso

  If it had involved an energy system such as a pipeline, the vandalism that occurred over the weekend to a construction site in Owasso would have involved a new state law. Owasso police say whoever turned over a front-end loader and tore up shipping containers left a trail of damage totaling an estimated $500,000. …

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Oklahoma rancher fights ‘for’ a wind farm, not ‘against’

  An Oklahoma farmer and rancher isn’t giving up his long fight against a state law that happens to prevent him from using his land as part of a wind farm. The Oklahoman reported this week on the fight by Mike Day of Cement who took his battle with the state to court. Click here …

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AARP comes out swinging against OGE’s latest rate hike

  AARP Oklahoma leaders are fighting the latest rate hike bid by Oklahoma Gas Electric, the third such increase in 2022. In a release on Monday, the organization’s leaders cited the notice that OG&E customers received Oct. 7 when they were informed of an increase to the fuel charge on bills of 7.4% or approximately …

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