Slight losses were recorded Friday in crude oil prices while Oklahoma energy stocks made gains for the day. Both crude benchmarks ended the first week of the year down because of global recession worries. West Texas Intermediate crude managed a 10-cent gain or 0.1% on Friday to settle at $73.77 a barrel on the …
January 2023 archive
Departing regulator urges cooperation to solve Oklahoma’s regulatory challenges
As she prepares to be succeeded this week by former State Sen. Kim David, Oklahoma Corporation Commissioner Dana Murphy offered some recommendations and observations. In an opinion column in the Sunday Oklahoman newspaper, Murphy wrote, “There is no ‘magic bullet’ that will solve all the challenges Oklahoma has and will face in the future …
Oilfield worker killed at Devon Energy drilling site in North Dakota
A contract oilfield worker was killed last week at a Devon energy drilling site in North Dakota. Daniel Navarrete, 42, of New Braunfels, Texas died when he fell through an open hatch in a pit at a Nabors Industries rig near New Town, North Dakota. The Mountrail County sheriff’s office said other workers tried …
Permits to drill for January 6, 2023
Ellis County JACOB 4/33 PA #1H, January 06 2023 04 17N 24W SWSESESE API: 04523885 Lat: 35.97001110990397, Long: -99.75706671350025 MEWBOURNE OIL COMPANY MU, DR, 20785 ft, CHEROKEE(10150) Grady County FOWLER #6-09X16H, January 06 2023 04 4N 6W NWSWSWSE API: 05124997 Lat: 34.84230791078441, Long: -97.83469132813892 GULFPORT MIDCON LLC MU, DR, 23512 ft, WOODFORD(15067) Grady County TWIN TIGER #2-15, …
Completion reports for January 6, 2023
MARSHALL COUNTY Gulf Exploration Llc Mississippi(3844): Water 35 Swabbin G Mississippi(3844): Water 12 Swabbin G Mississippi(3844): Swabbin G Mississippi(3844): Oil 9 Flow / Swabbi 35 7S 5E Forbes 1-35, December 15, 2022 DH, OIL, TD: 5030 ft Lat: 33.90704, Long: -96.75564 API: 35095206860000 STEPHENS COUNTY Banner Oil & Gas Llc Loco(990): Oil 6 Water 320 Pump 11 3S 5W Woodworth W-20i, February 01, 2022 SH, OIL, TD: …
Energy committee leaders named in Oklahoma House of Representatives
The Oklahoma House of Representatives committee leadership appointments were made and that includes committees dealing with energy and energy-related issues in the approaching 59th Legislature. They include: Energy and Natural Resources Rep. Brad Boles, R-Marlow, chair Rep. Dean Davis, R-Broken Arrow, vice chair Agriculture Rep. Dell Kerbs, R-Shawnee, chair Rep. Kenton Patzkowsky, R-Balko, vice …
Nation’s drilling rig count dropped along with numbers in Oklahoma
The nation’s numbers of oil and gas rigs actively pursuing new energy sources dropped by 7 in the past week according to Baker Hughes Co. which released new figures on Friday. The national count fell to 772 and Oklahoma’s count dropped by 3 to 66. A year ago, there were 49 active rigs in …
Record calendar-year revenue receipts for Oklahoma—thanks to oil and gas production
A thriving Oklahoma economy for most of 2022 helped propel Gross Receipts to the Treasury to a record calendar year high, but recently there has been a slowdown in growth, State Treasurer Randy McDaniel announced Friday. Gross production taxes on oil and natural gas total $195.1 million, an increase of $41.4 million, or 26.9 …
Latest STACK play wells in Oklahoma
Among Oklahoma’s latest completion reports were for two Kingfisher County wells by BCE-Mach III LLC and Ovintiv USA Inc. BCE-March filed a report on the Benda 3-16-6 2ho which produced 713 barrels of oil a day along with 585 Mcf of natural gas. Drilled at 34 17N 6W, a site 6 miles northeast of the …
ConocoPhillips sues Alaska over North Slope project
ConocoPhillips, the company with strong Oklahoma oil and gas ties, filed suit against Alaska in a fight with another company that wants to develop a giant North Slope prospect in the state. The suit was filed in Anchorage Superior Court and challenged an administrative decision made in December by the Alaska Department of Natural …
