CARTER COUNTY Citation Oil & Gas Corporation Deese(940): Oil 2 Water 45 Pump 22 2S 2W Southeast Tatums Ut(Wolf 4) 5-4, August 12, 2022 SH, OIL, TD: 1802 ft Lat: 34.36594, Long: -97.38894 API: 35019088480003
November 14, 2022 archive
Permits to drill for November 14, 2022
Alfalfa County BILLY BLEW 15-25-11 #2H, November 14 2022 22 25N 11W NWNWNWNE API: 00323419 Lat: 36.63709882464811, Long: -98.36877769247012 BCE-MACH LLC HH, DR, 11236 ft, MISSISSIPPIAN(5847) Kingfisher County LINCOLN SOUTHEAST OSWEGO UNIT #58-5HO, November 14 2022 20 17N 5W SESESESE API: 07326948 Lat: 35.9275085098663, Long: -97.7480833140451 HINKLE OIL & GAS INC HH, DR, 11850 ft, OSWEGO(6100) Kingfisher …
Crude oil prices dropped $3 on Monday and took many Oklahoma energy stocks down too
Surging coronavirus cases in China dashed hopes of a speedy reopening of the economy for the world’s biggest crude importer and sent crude oil prices down on Monday. Prices dropped $3 a barrel and were dragged down also by a firmer U.S. dollar. West Texas Intermediate crude for December delivery dropped 3.5% or $3.09 …
Oklahoma Municipal League joins lawsuit against Corporation Commission
Oklahoma City’s legal challenge of the Oklahoma Corporation Commission decision that allowed OG&E not to collect franchise fees on its winter storm securitization charges has been joined by the Oklahoma Municipal League. The OML filed in late October a challenge to the Corporation Commission’s decision stating that the Commission acted outside of its jurisdiction …
J.B. Hunt trucking firm sets 32% emissions reduction target
The J.B. Hunt trucking company announced a new goal to reduce its carbon emission intensity 32% by 2034. Considered one of the largest supply chain solutions providers in North America,, the Lowell, Arkansas-based firm stated it would focus on three key areas to reach its target. Incorporating alternative powered equipment into its fleet Expanding …
Layoffs made at Phillips 66 operations in Bartlesville and Ponca City
Oklahoma operations of Phillips 66 are among those where workers have been laid off as the company moves forward with plans to meet 2022 cost savings of $500 million. Reuters indicated some of the layoffs happened at the company’s Ponca City refinery. The company did not reveal how many workers were let go. “These …
Rep. Cole says no doubt the country is in a recession
In a column to his constituents, Oklahoma Republican Congressman Tom Cole says that by all appearances, economic challenges are not going away under the Biden administration. Fresh off his re-election victory last week, Cole said the country’s economic and inflationary troubles “are not yet in the rearview mirror.” He still thinks the U.S. economy …
Continental must fend off lawsuits over Harold Hamm’s private takeover
While billionaire Harold Hamm makes progress on his agreed takeover of Continental Resources, the Oklahoma City company still faces lawsuits challenging the move. One of those suits was updated in recent days. In a filing last week with the Securities Exchange Commission, Continental revealed it had recently reached a Term Loan Agreement totaling $750 …
Judge rules against BLM over delayed investigation of Colorado mining
A federal judge in Colorado has issued a ruling against the Bureau of Land Management, agreeing with those who contended the BLM had delayed a investigation for years into alleged illegal mining near Glenwood Springs. Click here for Out There Colorado
Headlines of other energy stories
** U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture. ** The Environmental Protection Agency issued a revised version of its proposed methane rule Friday that would impose tougher measures …
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