Data source: U.S. Energy Information Administration, Drilling Productivity Report (DPR), September 2022 Based on the EIA’s latest Drilling Productivity Report (DPR), drilled but uncompleted wells (DUCs) in all U.S. DPR regions totaled an estimated 4,283 wells in August 2022, the least in any month since the government started estimating DUCs in October 2013. The decline in DUCs in …
October 2022 archive
More headlines
** A backup of more than 2,000 boats and barges on the Mississippi River is being cleared as two closures along the waterway reopened on Sunday. ** In an opinion piece, Rep. Ro Khanna (D-Calif.) and Sen. Richard Blumenthal (D-Conn.) proposed pausing arm sales to Saudi Arabia in a move to urgently “fortify” national security, after …
Energy industry to pay attention to pig case before Supreme Court
A U.S. Supreme Court case to be heard Tuesday will focus on the efforts of California to control the living conditions of pigs. Sounds silly doesn’t it? But it’s also a case that could have a direct impact on the oil and gas industry across the U.S. and one that the energy industry will …
Anadarko Basin’s oil and gas production to grow in October
A new report from the government shows oil and gas production in the Anadarko Basin that covers most of western Oklahoma will increase in October. The U.S. Energy Information Administration reported overall oil production in the basin will go from 424,000 barrels a day in September to 432,000 barrels a day. Average new well …
Rep. Mullin says Biden’s still hurting the US with his energy policies
In his latest edition of “Mullin it Over”, Oklahoma Congressman Markwayne Mullin repeated his criticism of President Biden and his energy policies. Rep. Mullin, who is a candidate to replace Jim Inhofe in the U.S. Senate, pointed to the decision by OPEC+ to slash oil production by two million barrels a day and how …
States complain of being forced to create energy plans
Several Republican Attorneys General from area states have voiced their complaints about a stalled federal proposal that would force some states to create an energy plan. Oklahoma Attorney General John O’Connor was not among those who wrote to U.S. Senate leaders last week and opposed what amounts to a takeover of grid planning. That’s because the …
Dividend declared by Phillips 66
Investors in Phillips 66 got good news this week. The company’s board of directors declared a quarterly dividend of 97 cents a share on Phillips 66 common stock. The dividend will be payable Dec. 1, 2022 to shareholders of record as of the close of business on Nov. 17, 2022.
Sierra Club report critical of some Oklahoma utilities
A new report by the Sierra Club wasn’t kind to most of the nation’s utilities and their pledges to reduce their greenhouse gas emissions, including those in Oklahoma. Oklahoma Gas and Electric was one of the companies that received an “F” grade, as the Sierra Club put it on a list of “one of …
Permits to drill for October 7, 2022
Canadian County EVANS #5H-2635X, September 15 2022 26 14N 9W NENENWNE API: 01725858 Lat: 35.66674104495095, Long: -98.12380568367615 CIMAREX ENERGY CO MU, AM, 21190 ft, WOODFORD(11163) Canadian County EVANS #7H-2635X, September 15 2022 26 14N 9W NENENWNE API: 01725860 Lat: 35.6667410506843, Long: -98.12367102693817 CIMAREX ENERGY CO MU, AM, 20770 ft, MISSISSIPPI LIME(10677) Canadian County EVANS #8H-2635X, October 07 …
Completion reports for October 7, 2022
CANADIAN COUNTY Citizen Energy Iii Llc Woodford(8993): Oil 461 Gas 2207 Water 1622 Gas Lift 16 10N 5W Nowlin 2h-21-28, July 18, 2022 HH, OIL, TD: 19434 ft Lat: 35.33433, Long: -97.73177 API: 35017257560001 GRADY COUNTY Camino Natural Resources Llc Woodford(10988): Oil 51 Gas 240 Water 2503 Flow 21 8N 5W Yippi Ki-yay 0805 21-16-3wxh, June 22, 2022 HH, OIL, TD: 21552 ft Lat: 35.14642, Long: …