Ovintiv USA moved some of it STACK success from Kingfisher to Canadian County where the company reported completion of two single-pad wells with combined production of more than 2,600 barrels of oil a day. The firm completed the two Bohlman wells in July 2022 and filed the reports this week. Located at 3 13N …
January 21, 2023 archive
Crude made $1 gain in Friday’s trading as OK energy stocks improved too
A $1 a barrel gain was recorded Friday by crude oil prices and at the same time, most Oklahoma energy stocks made increases too, in some cases 5% and 6%. Brighter economic prospects in China prompted the crude oil gains because investors believe improvements in the Communist country will mean greater demand for crude. West …
Texas regulators vote to overhaul ERCOT power market
Texas utility regulators voted overwhelmingly to overhaul the state’s electricity market even though critics contend it will increase costs for consumers. The 5-0 vote by the Public Utility Commission of Texas will put the final result in the hands of legislators reported the Austin American-Statesman. Click here for American-Statesman