January 2023 archive

Completion reports for January 3, 2023

CANADIAN COUNTY Camino Natural Resources Llc All Zones Producing: Oil 156 Gas 1229 Water 3375 Flow 26 11N 7W Little Sahara 1107 26-23-3wxh, October 29, 2022 HH, OIL, TD: 18252 ft Lat: 35.39273, Long: -97.91283 API: 35017258180000 CARTER COUNTY Xto Energy Inc Hewitt: Oil 104 Water 741 Pump 22 4S 2W Hewitt Unit 22-5702, November 01, 2022 SH, OIL, TD: 3645 ft Lat: 34.18843, Long: …

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Crude oil and Oklahoma energy stocks hit in New Year’s first day of trading

  On the first day of trading for the New Year, crude oil prices and Oklahoma energy stocks tumbled in value. One energy company plunged more than 22%. Oil prices dropped 4% and weak demand data from China and a stronger U.S. dollar were to blame. West Texas Intermediate crude slid more than 4% or …

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Lucas to be front and center in anti-ESG fight in Congress

  Rep. Frank Lucas will likely be among Republican leaders of a House committee who will be part of an anticipated anti-ESG backlash in Congress—a targeting of Wall Street and corporate America for paying too much attention to environmental concerns and not enough to making money. He sits on the House Financial Services Committee where …

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Feds want to know more about power outages during December “bomb cyclone”

  The “bomb cyclone” that hit Oklahoma and the rest of the U.S., knocking out power to an estimated 1.6 million customers of utilities drew the interest of federal regulators. The Federal Energy Regulatory Commission and the North American electric Reliability Corp. are starting a joint investigation of what went wrong when Winter Storm Ellliott …

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Continental Resources makes final public filing

Continental Resources wrapped up its final public move since founder Harold Hamm acquired outstanding stock and returned the Oklahoma City company to private control in November 2022. The firm made a 15-12G filing on Tuesday with the Securities and Exchange Commission. The filing was a certification of termination of registration of a class of security …

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Cold weather and fires force shutdown of Colorado’s only oil refinery

  The only oil refinery in Colorado was shut down following extreme cold weather and two fires that damaged the Suncor Energy operation. It might be March before operations resume according to CPR News. Click here for CPR News  

Hearings start in Kansas for Grain Belt Express Transmission line

  The Energy Department plans a series of meetings in the coming weeks on development of the Grain Belt Express Transmission Line Project that will carry wind powered electricity from southwest Kansas through Missouri and to Illinois. The six public “scoping meetings” will focus on the project’s Environmental Impact Statement. They will be held in …

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Keystone pipeline returns to full operations following leak in Kansas

  Crude oil from Canada is once again flowing through the Keystone Pipeline to the Cushing hub in northern Oklahoma weeks after the line suffered a leak of 14,000 barrels of oil. The damaged section near Washington, Kansas was repaired and reopened in the past few days. TC Energy, the operator, said the 2,687 mile …

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Texas governor calls for investigation of natural gas utility

  Texas Gov. Greg Abbott wants to know more about what led Dallas-based Atmos Energy to ask its 2 million customers in the state to conserve their gas use by lowering their thermostats during the recent cold spell. He has asked the attorney general and the head of the Railroad Commission to investigate the matter …

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Headlines of other energy stories

** Crews have located a helicopter that crashed in the Gulf of Mexico after a takeoff from an oil platform last week. They are still searching for the bodies of the pilot and three off-shore workers. The oil platform is 10 miles off of Southwest Pass, Louisiana. ** A congressionally mandated federal oil and gas …

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