March 2, 2023 archive

Permits to drill for March 2, 2023

Grady County CKSMOU #8-7-11 INJ, March 02 2023 08 3N 5W SESENWNE API: 05125015 Lat: 34.75133119077016, Long: -97.74415898220465 MACK ENERGY CO DH, DR, 11116 ft, MORROW SUBTHRUST(10156) Grady County SCOUT 07-05-13 #1H, March 02 2023 13 7N 5W NENENENW API: 05125014 Lat: 35.08688040549746, Long: -97.67950280637879 STAGHORN PETROLEUM II LLC HH, AM, 15161 ft, OSBORN(10172) Grady County SCOUT …

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Completion reports for March 2, 2023

BEAVER COUNTY Latigo Oil And Gas Inc 20 4N 27E Otto Barby K 1, November 03, 2022 null, DRY, TD: 7350 ft Lat: 36.79601, Long: -100.17531 API: 35007353600002 CARTER COUNTY Citation Oil & Gas Corporation Hoxbar-deese(1250): Oil 5 Pump 17 2S 2W Wildcat Jim Unit 144, August 31, 2022 SH, OIL, TD: 2935 ft Lat: 34.39047, Long: -97.43532 API: 35019235160001 CREEK …

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Corporation Commissioner says Kansas lawsuit over winter storm gas validates his suspicions about Oklahoma’s rates

  Citing a $50 million lawsuit filed by the Kansas Attorney General against an energy company for manipulation of natural gas markets during the February 2021 winter storm, on Thursday, Corporation Commissioner Bob Anthony filed a deliberations statement in the 2021 fuel cost review cases for ONG, OG&E and PSO, saying his repeatedly-dismissed suspicions about …

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Bill wins approval in Senate committee to change Oklahoma’s electric utility regulations

  Oklahoma Senate leader Greg Treat’s bill to make sweeping changes to electric utility regulation in the state won approval Thursday in committee. The Senate Energy and Telecommunications committee voted 10-2 in support of the bill which will be sent to the full Senate for consideration. The two “no” votes were made by Sen. Mary …

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Tulsa’s historic Greenwood District to no longer be divided by I-44

  A project to remove part of I-44 that divides Tulsa’s historic Greenwood District and allow for more community growth will be announced Friday. Tulsa Rep. Regina Goodwin will join Cody Brandt of Tulsa STEPS and Dr. Warren Blakney, Pastor of North Peoria Church of Christ in making the announcement of a $1.6 million grant …

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Short energy reads

** Democrats’ witness at a House Natural Resources Committee hearing Tuesday blasted supporters of the Inflation Reduction Act (IRA) last year for “permitting a climate apocalypse.” John Beard, Jr., the founder and president of the Texas-based Port Arthur Community Action Network, particularly criticized the IRA for several provisions that open up millions of acres of federal land and …

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Crude prices and OK energy stocks recorded gains on Thursday

  Crude oil prices went up about a half percent in Thursday’s trading and some Oklahoma energy stocks scored well too. Why the slight gain? It was due to signs of a strong economic rebound in top crude importer China according to Reuters. West Texas Intermediate crude futures rose 47 cents or 0.6% to close …

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Growing focus on wind turbine blade graveyards

  The growth of wind farms across the nation, including Oklahoma, the second-highest wind power state in the country, created a problem —how to dispose of the old turbine blades that have a life-span of about 20 years. A study made a few years ago and published in the Waste Management scientific journal claimed an …

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Oklahoma to learn soon whether “mystery” company chooses the state for a plant

  With another mystery company, possibly Volkswagen, ready to announce its choice for a large electric vehicle battery manufacturing site yet this week, the Oklahoma legislature moved quickly to approve a $698 million economic incentive package. It’s the same kind of move made last year by the state in a failed effort to land a …

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Exxon admits error over massive methane leak in the Permian Basin

  Exxon Mobil Corp. made a big “my bad” admission this week, saying yes, it failed to report a Permian basin greenhouse gas methane leak discovered by a third-party satellite image. The early February incident was a violation of state rules in New Mexico according to Bloomberg. Exxon explained it discovered and repaired the leak in …

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