January 25, 2023 archive

Permits to drill for January 25, 2023

Carter County COURBET #12-27-21XHM, May 27 2022 27 1S 3W SWNESESE API: 01926486 Lat: 34.43686727554, Long: -97.49451068446878 CONTINENTAL RESOURCES INC MU, AM, 21139 ft, CANEY(9342), SYCAMORE(9913), WOODFORD(9983) Garvin County PACIFICO #0303 34-27-4WXH, January 25 2023 03 2N 3W NWNENENW API: 04925398 Lat: 34.68041579779044, Long: -97.50333518694599 CPRP SERVICES LLC MU, DR, 20530 ft, WOODFORD(9700) Garvin County PACIFICO #0303 …

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Completion reports for January 25, 2023

CANADIAN COUNTY Ovintiv Usa Inc Mississippian(9067): Oil 1129 Gas 1214 Water 2089 Flow 3 13N 7W Bohlman 1407 4h-34x, July 30, 2022 HH, OIL, TD: 19951 ft Lat: 35.62538, Long: -97.93363 API: 35017257790000 CARTER COUNTY Kodiak Oil & Gas Inc Deese(1668): Oil 8 Water 85 Pump 4 2S 2W Brakers 166, January 03, 2023 SH, OIL, TD: 2164 ft Lat: 34.40639, Long: -97.42176 API: 35019265240000 GARVIN …

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Crude oil prices saw little change in Wednesday’s trading

Wednesday’s crude oil prices didn’t change much in trading, mostly because of a smaller-than-expected gain in U.S. crude inventories. It was also not a strong day in trading for Oklahoma energy stocks. West Texas Intermediate crude rose 2 cents to $80.15 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude finished one …

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Brecheen’s House Committee assignments are made

  Oklahoma’s newest U.S. House member, Rep. Josh Brecheen has been named to serve on two House committees—Homeland Security and Budget. The announcement was made Wednesday for his appointments in the 118th Congress. It means Oklahoma will apparently not have a House member on the House Energy and Commerce where former Rep. Markwayne Mullin, now …

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Environmental group sues EPA to stop fracking in Colorado

  The environmental group, Center for Biological Diversity filed a lawsuit against the Environmental Protection Agency to limit pollution from drilling and hydraulic fracturing for oil and methane gas in Colorado. “Colorado can’t keep letting more and more oil and gas wells spew their pollution if we’re going to have any hope of fixing our …

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Number of DUCs holds steady in most of US oil producing areas

  With government reports predicting an increase in oil production in the U.S., the drop in the number of DUCS or drilled but uncompleted wells has dropped dramatically in the past few years. In March of 2019, there were more than 8,500 reported DUCs in the U.S. The most recent count, according to the U.S. …

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EIA predicts record oil production in 2023 and 2024

  The federal government predicts the U.S. will see record crude oil production this year and next. The January 2023 Short-Term Energy Outlook, released this week by the U.S. Energy Information Administration, will average 12.4 million barrels a day and 12.8 million barrels a day in 2024. If true, the 2023 production will surpass the …

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US Senate version of bill to protect Strategic Petroleum Reserve is filed by Wyoming Senator

  Oklahoma U.S. Sens. James Lankford and Markwayne Mullin might soon have a chance to vote on a bill to stop what critics say has been political use of the country’s Strategic Petroleum Reserve by President Biden. Here’s why. Wyoming Republican Sen. John Barrasso has introduced what he calls the Secure Auction for Energy Reserves …

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Mammoth Energy demands $379 million payment from FEMA

    Nearly six years after Hurricane Maria hit Puerto Rico and Oklahoma City-based Mammoth Energy Services won millions in contracts to restore power, the company is demanding payment from the federal government. The company announced this week its wholly owned subsidiary Cobra Acquisitions, LLC, the firm that performed the power restoration, submitted a certified …

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Manchin targets EV tax credits

  If West Virginia U.S. Sen. Joe Manchin gets his wish, the Biden administration’s plan for $7,500 EV tax credits will be put on pause. It was a month ago when the Democrat, who’s been at odds with President Biden, urged the Treasury Department to delay the implementation of the tax credits. Then this week, …

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