February 7, 2023 archive

Permits to drill for February 7, 2023

Canadian County BAKER 1107 #3SMH-4, September 02 2022 33 12N 7W SESESWSE API: 01725846 Lat: 35.46495757448723, Long: -97.94234937120372 CANVAS ENERGY LLC HH, AM, 15000 ft, MISSISSIPPI LIME(10076), WOODFORD(10430) Garvin County BOOMER #1-22, February 07 2023 22 4N 3W SESWNESE API: 04924936 Lat: 34.80167739522414, Long: -97.49544955045735 CHARTER OAK PRODUCTION CO LLC SH, RC, 9150 ft, GIBSON (3 DEESE)(6720), …

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Completion reports for February 7, 2023

BLAINE COUNTY Devon Energy Production Co Lp All Zones Producing: Oil 822 Gas 7226 Water 1815 Flow 20 15N 10W Cheetah 29_32-15n-10w 4hx, November 17, 2022 HH, OIL, TD: 21730 ft Lat: 35.75494, Long: -98.28621 API: 35011243010000 Marathon Oil Company Mississippi(11787): Oil 1248 Gas 13344 Water 2520 Flow 19 15N 11W Alta Bia 1511 3-31-30mxh, November 17, 2022 HH, OIL, TD: 22280 ft Lat: 35.75479, Long: …

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Big day for OK energy stocks as crude oil prices rose 4% in US

  Oklahoma energy stocks responded Tuesday with a strong day in trading as crude oil prices rose more than 3%. It came after Federal Reserve chairman Jerome Powell eased market worries over interest rate hikes. West Texas Intermediate crude went up 4.1% or $3.03 per barrel to finish at $77.14 on the New York Mercantile …

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Kansas protesters call for more transparency around Keystone pipeline spill

  Environmentalists and faith leaders in Kansas contend TC Energy has not been transparent about its Keystone pipeline spill in December that dumped 55,000 barrels of oil into a creek. They held a vigil this week at the state capitol in Topeka to call attention to their charges before state legislators reported the Kansas Reflector. …

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Rep. Cole—Biden is to blame for country’s energy crisis

  Congressman Tom Cole says it’s time the country had a plan and act on it to reverse the damage President Biden has done to the nation’s energy security by draining the Strategic Petroleum Reserve to its lowest level in 40 years. Writing this week, the Oklahoma Representative declared, “The Biden Administration’s ongoing war on …

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EIA forecasts Henry Hub natural gas prices to be 47% lower this year

  If the federal government forecast is accurate, natural gas prices at the Henry Hub in Louisiana will drop nearly half of what they were in 2022. All because of a warm winter. The forecast from the U.S. Energy Information Administration predicts natural gas prices at the Hub will average at $3.40 per million British …

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State Senator wants renewable energy land leases unitized to be more equitable

  A bill before the Oklahoma legislature would unitize wind and solar farm leases much the way unitization is implemented for oil and gas production. It might result in changes to the way Oklahoma landowners are paid for such renewable energy leases. SB770 was filed by Oklahoma City Democratic Sen. Carri Hicks and if approved, …

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Basket of broadband expansion bills to be handled by Oklahoma legislators

  The effort to expand broadband service in Oklahoma has the attention of state legislators as they are set to consider at least 10 bills directly related to broadband expansion in the state. The bills include HB1965 filed by Rep. Carl Newton of Cherokee. His bill would allow existing electric provider easements to also be …

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Money-raising effort by Canoo results in dropping share prices

  An announcement by electric vehicle startup Canoo, the company with a plant in Pryor and plans for another in Oklahoma City, that it agreed to sell discounted shares to raise $52.5 million sent shares sharply lower on Monday and again on Tuesday. Prices closed at $1.09 on Monday, down more than 12%. This was …

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Colorado Governor to state agencies—do something about high utility bills

  The same soaring prices for natural gas and fuels that resulted in challenging utility bills in Oklahoma prompted one governor to order a state agency to do something about it. While those same increased bills and assistance were not mentioned in Oklahoma Governor Kevin Stitt’s State of the State Address on Monday, Colorado Gov. …

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