February 21, 2023 archive

Permits to drill for February 21, 2023

Carter County HHU #733, January 24 2023 27 4S 2W SENENWNW API: 01926538 Lat: 34.18553085851942, Long: -97.40111193604486 KODIAK OIL & GAS INC DH, AM, 2800 ft, HOXBAR(1500) Carter County HHU #735, February 01 2023 27 4S 2W SWNENWNW API: 01926539 Lat: 34.18620134716077, Long: -97.4021931265579 KODIAK OIL & GAS INC SH, AM, 2800 ft, HOXBAR(1800) Carter County HHU …

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Completion reports for February 21, 2023

CARTER COUNTY Kodiak Oil & Gas Inc 35 3S 2W Awu 47, January 03, 2023 SH, DRY, TD: 1085 ft Lat: 34.25401, Long: -97.38348 API: 35019265320000 COAL COUNTY Glb Exploration Inc Cromwell(4874): Water 26 Swabbin G 4 1S 10E Tom Mayer 1-4, October 13, 2022 SH, DRY, TD: 5172 ft Lat: 34.49656, Long: -96.26131 API: 35029213150002 DEWEY COUNTY Crawley Petroleum Corporation …

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Time again for “Mitchell Talks Energy”

  The weekly podcast “Mitchell Talks Energy” is back with part two. Political analyst and host Scott Mitchell and OK Energy Today’s Jerry Bohnen focus again on energy bills in the legislature, what might happen to them and other topics regarding energy. The latest podcast is available on Facebook and Youtube where a lively discussion …

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Crude prices tumbled 1% and took Oklahoma energy stocks with them

  Crude oil prices dropped more than 1% in Tuesday’s trading amidst a volatile session caused by concerns over global economic growth and not so much supply curbs. Oklahoma energy stocks suffered in the day’s trading. West Texas Intermediate crude for March delivery fell 18 cents or 0.2% to $76.6 a barrel on the New …

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Big 4Q results for Chesapeake Energy

  Chesapeake Energy reported more than a billion dollars in net cash from its operating activities in the fourth quarter of 2022, helping the Oklahoma City company return $1.2 billion to shareholders during the year. The firm announced Tuesday it had net income of $3.513 billion for the quarter or $24 per fully diluted share …

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Chesapeake sells last remaining Eagle Ford assets in $1.4 billion deal

  Chesapeake Energy is getting totally out of the Eagle Ford play of South Texas, selling its last remaining asset in the play to INEOS Energy in a $1.4 billion deal. “Today marks another important step on our path to exiting the Eagle Ford as we focus our capital on the premium rock, returns and …

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Kansas is on a roll—adds another big manufacturing plant

  First there was the loss of a Tesla plant in Oklahoma, then Panasonic picked Kansas over Oklahoma. It’s clear Kansas is on a roll as the state just picked up another major investment–a nearly $2 billion semiconductor manufacturing plant that will create 1,200 jobs Kansas Gov. Laura Kelly announced this week that EMP Shield manufacturing …

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Legislators to consider utility bills

  Four more energy-related bills, including two focused on reforming the Oklahoma Corporation Commission, will be considered this week by the Oklahoma House Utilities Committee. Members will meet Thursday morning at 10:30. The two Corporation Commission reform bills contain no specifics. HB1977, the Corporation Commission Reform Act, was filed by Cherokee Rep. Carl Newton. HB2845, is the …

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LSB Industries gets serious about carbon capture efforts

  Oklahoma City’s LSB Industries, Inc. took another step forward in its carbon dioxide capture efforts. The chemical manufacturer announced that with Lapis Energy LP, it is filing a permit application with the EPA to construct a Class VI well as part of their joint project to capture and permanently sequester carbon dioxide at LSB’s …

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New Mexico cities and towns to get help in rebuilding after 2022 wildfires

  The devastating wildfires that tore through New Mexico last year prompted the state’s governor this week to sign legislation allowing local governments to begin restoration work involving zero-interest loans. “This funding will help get infrastructure rebuilt and repaired immediately, empowering our communities to continue to heal,” the governor said in a tweet on Monday …

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