February 6, 2023 archive

Permits to drill for February 6, 2023

Canadian County JABRONI 13_12-13N-8W #2MHX, February 06 2023 24 13N 8W SWNWNENW API: 01725917 Lat: 35.593367844286114, Long: -98.00726236706926 PALOMA OPERATING CO INC HH, DR, 21000 ft, MISSISSIPPIAN(9160) Johnston County BARNES #8-3H, January 24 2023 05 4S 4E SWSWSESW API: 06920200 Lat: 34.2312790083619, Long: -96.91051360267406 BNK PETROLEUM (US) INC HH, AM, 14500 ft, CANEY(9095)

Completion reports for February 6, 2023

CARTER COUNTY Yale Oil Association Inc Viola(10480): Oil 9 Water 170 Pump 34 5S 2W Maywalker 3-34, August 31, 2022 null, OIL, TD: 11805 ft Lat: 34.07657, Long: -97.39739 API: 35019264810000 MCCLAIN COUNTY Cprp Services Llc Woodford(11220): Oil 456 Gas 563 Water 976 Gas Lift 28 6N 4W Coop 0604 33-04 2wxh, December 09, 2022 HH, OIL, TD: 19826 ft Lat: 34.95770, Long: -97.62745 API: 35087223610000 …

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Governor calls for diversification of Oklahoma’s energy grid

  In his State of the State address Monday to the Oklahoma legislature, Gov. Kevin Stitt spoke of protecting Oklahomans and promoting freedoms and for more steps to promote excellence in education. He touched on energy a few times in his speech to the 59th Legislature. At one point, the governor said, “Let’s continue to …

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Major sinkhole found on Tulsa street

  Talk about a giant pothole! It’s what drivers encountered in Tulsa on Monday morning when a major sinkhole developed in the southbound lanes of Riverside. It was near the 21st Street intersection, according to police. The sinkhole developed along the street and some vehicles were damaged. City officials say they began working on learning …

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Sen. Lankford not optimistic about Biden’s State of the Union address

  Oklahoma U.S. Sen. James Lankford has a wish list he’d like to hear President Biden discuss Tuesday night in his State of the Union Address and one of them is U.S. energy security. “Oklahomans want to know what the President is actually planning to do to ensure our national security, fix the economy, and …

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4Q earnings report coming this month for Mammoth Energy Services

  Mammoth Energy Services, Inc. announced that it will disclose its 2022 fourth quarter and full year financial results after the market closes on Thursday, February 23, 2023. In conjunction with the earnings release, the company has scheduled a conference call and webcast to discuss fourth quarter and full year results the same day at …

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Crude oil prices gained on Monday while OK energy stocks fell

  Crude oil prices made a 1% gain in Monday’s trading despite growing concerns about slower growth in major economies. At the same time, Oklahoma energy stocks suffered losses. West Texas Intermediate crude gained 72 cents or 1% to $74.11 a barrel on the New York Mercantile Exchange. WTI earlier hit a high of $74.41 …

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New Mexico legislators consider EV fee to offset lack of gasoline tax revenue

  New Mexico is among the states considering a fee for electric vehicles to offset the loss of revenue from the state’s tax on gasoline, money used for road repairs. Legislators are debating SB 22 which is focused on tax credits for electric vehicles according to the New Mexico Political Report. Click here for New …

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Kansas legislators debate proposed tax on EV charging stations

  The Kansas legislature is considering a bill to create a new tax on electric-vehicle charging stations. It would amount to 3 cents per kilowatt and the revenue would support a state highway repair fund that historically relies on fuel tax revenue. Some in the legislature say the charging station tax would amount to “double …

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Legislator says new state law is corporate welfare and should be abolished

  Rep. Tom Gann, R-Inola, has filed House Bill 1381 to Repeal the Large-Scale Economic Activity and Development (LEAD) Act of 2022, a new law he says is nothing but corporate welfare. Last year, the Legislature passed House Bill 4455, the LEAD Act, which promised investment rebates for the cost of qualified capital expenditures for …

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