February 16, 2023 archive

Permits to drill for February 16, 2023

Garvin County WHITNEY #0404 27-22-4WXH, February 16 2023 27 4N 4W W2SESENW API: 04925410 Lat: 34.79105750168746, Long: -97.60824687456108 CPRP SERVICES LLC MU, DR, 19975 ft, WOODFORD(11175) Garvin County WHITNEY #0404 27-22-3WXH, February 16 2023 27 4N 4W W2SESENW API: 04925409 Lat: 34.79105750479951, Long: -97.60829683116403 CPRP SERVICES LLC MU, DR, 19500 ft, WOODFORD(11200) Logan County JAMES WILLSON 6-16-4 …

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Completion reports for February 16, 2023

BEAVER COUNTY Latigo Oil And Gas Inc Kansas City(5496): Water 15 Pump 13 4N 26E Buttch 1-13, July 11, 2022 SH, DRY, TD: 6300 ft Lat: 36.80678, Long: -100.20249 API: 35007254340001 PITTSBURG COUNTY Oxley Energy Llc Atoka Mid (red Oak)(6500): Gas 189 Flow 30 4N 16E Penfield 2-30, August 24, 2022 SH, GAS, TD: 8390 ft Lat: 34.78626, Long: -95.66762 API: 35121249040001

Crude oil prices slipped Thursday and OK energy stocks were weak

  Another drop in oil prices. They settled lower on Thursday as the market wonders on a buildup in U.S. crude stockpiles plus whether there might be a Chinese demand recovery. West Texas Intermediate crude fell 10 cents to $78.49 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, lost 24 …

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Oklahoma general revenue collections are high but slowing

  The state released general revenue fund collections for January showing a slowdown at the 7-month mark of the fiscal year. But they still could be on target for a record high by the end of the year. General Revenue Fund collections in January totaled $903.7 million, which is $107.1 million, or 13.4%, above the …

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Unexplained—wind turbine tower found leaning in Illinois farm field

  First we had wind turbines that came crashing to the ground in northern Oklahoma and other sites across the world. Now there’s the case of a 400-foot tall wind turbine in Illinois that started leaning at an obvious angle. RWE Renewables Americas LLC, based in Austin, Texas is investigating to learn why its tower …

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Crews remain at site of Keystone pipeline leak in Kansas

  Cleanup crews remain at the site of the Keystone pipeline rupture in Kansas two months after 55,000 barrels of oil spilled into a creek. NPR affiliate, KMUW reports about 4 miles of  the Mill Creek remain closed while workers pull oil-covered ice and water from the creek near the city of Washington. Click here …

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Enverus data shows nationwide loss of oil and gas rigs

  The latest Enverus rig report showed a decline in the Anadarko Basin, contributing to the loss of at least 10 rigs nationwide in the past week. The U.S. count fell by 10 to 843 during the week ended Feb. 15 according to Enverus Foundations data. The count is down 4% last month and up …

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ALLETE reports improved income but issues with its Oklahoma wind farm sites

  Wind farm operator ALLETE, Inc. based in Minnesota and with operations in Oklahoma, reported improved earnings per share as well as net income in 2022. But its wind farm subsidiary also had issues with the Southwest Power Pool and its Oklahoma wind farm operations. The firm said total 2022 earnings were $3.38 per share …

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BP takes over Travel Centers of America truck stops

  The TravelCenters of America located in Oklahoma, 2 in Oklahoma City and one in Sayre, will soon be under new ownership following a $1.3 billion acquisition by BP. BP and TravelCenters of America reached agreement in which BP will acquire all of the outstanding shares of TA common stock for $86 a share in …

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Hamm to be honored at Energy Workforce conference in Austin

  Oilman Harold Hamm will be honored at the April annual meeting of the Energy Workforce and Technology Council to be held in Austin, Texas. Hamm will receive the Platinum Award given for outstanding leadership in the oil and gas industry. Energy Workforce plans to celebrate Hamm’s dedication to the industry as well as his …

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