Oklahoma City energy producer Canvas Energy LLC filed reports this week showing two wells drilled on a single pad in Kingfisher County had combined production of more than 1,400 barrels of oil a day. The two Wario wells, drilled at 29 16N 5W, a site 4 miles northwest of the town of Cashion, were …
In a move sure to perturb Oklahoma’s congressional delegation, the Biden administration reportedly plans to sell more crude oil from the Strategic Petroleum Reserve. Bloomberg reported the sale will amount to 26 million barrels of crude. It quotes a Department of Energy spokesperson who said the sale is in accordance with a budget mandate …
Carter County AWU #51, February 13 2023 35 3S 2W SENWNESW API: 01926541 Lat: 34.25099691013483, Long: -97.38145185192785 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(800) Carter County AWU #50, February 13 2023 35 3S 2W NENWNESW API: 01926540 Lat: 34.251818491960485, Long: -97.38148488551329 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(800) Garvin County JUANITA …
CREEK COUNTY Wfd Oil Corporation Skinner(2206): Oil 55 Flow 28 15N 9E Bringing Home The Bacon 1-28, November 01, 2022 SH, OIL, TD: 2450 ft Lat: 35.74734, Long: -96.36416 API: 35037294930000 GARVIN COUNTY Daylight Petroleum Llc Gibson(7032): Oil 15 Water 25 Pump 31 3N 2W Juanita 2, December 20, 2022 SH, OIL, TD: 8803 ft Lat: 34.68652, Long: -97.45607 API: 35049241190001 KINGFISHER COUNTY Canvas …
Electric vehicle maker Canoo continues to find itself in an up hill push financially. Shares in Canoo fell still more this week, days after the firm announced the sale of discounted shares in order to raise more than $52 million. Last week, the price of Canoo shares was down more than 12% and traded …
The greenhouse gas emissions reporting rules proposed by the Securities and Exchange Commission were targeted by Oklahoma Congressman Frank Lucas and other farm-state representatives who want exemptions for America’s farmers and ranchers. Rep. Lucas, the longest-serving Republican on the House Committee and Financial Services and former chairman of the House Agriculture Committee was joined …
Crude oil prices made small gains on Monday as investors wondered how Russia’s plans to cut crude production might impact trading. A few Oklahoma energy stocks recorded significant gains for the day. West Texas Intermediate crude managed a 42-cent increase or 0.5% to reach $80.14 per barrel on the New York Mercantile Exchange. Brent …
A new government forecast says U.S. refineries will be as busy in 2023 as they were in 2022 but a slight reduction might occur in 2024. The report, the Short-Term Energy Outlook (STEO), from the U.S. Energy Information Administration expects refinery utilization will be more than 90% in the next two years. The industry …
Oklahoma legislators start serious work this week on tackling some of the issues and bills that could have a direct impact on the state’s energy industry. The Senate Aeronautics and Transportation Committee will meet Tuesday afternoon at 2 o’clock in Room 230 of the Capitol. The House Transportation Committee will meet at 1:30 p.m. …
Oklahoma U.S. Sen. Markwayne Mullin learned his Senate Environment and Public Works Committee assignments this week. He not only succeeded retired U.S. Sen. Jim Inhofe in winning last November’s election, but Mullin also replaced Inhofe on the Environment and Public Works Committee he once chaired. Sen. Mullin, who is now the state’s freshman Senator, …
