March 14, 2023 archive

Completion reports for March 14, 2023

CADDO COUNTY Zephyr Operating Co Llc Cherokee(12968): Oil 6.68 Gas 275 Water 9 Flow 34 10N 12W Patterson 34-2, December 01, 2022 SH, GAS, TD: 13520 ft Lat: 35.30339, Long: -98.45076 API: 35015227230002 ELLIS COUNTY Mewbourne Oil Company Cherokee(9600): Oil 665 Gas 1522 Water 986 Flow 25 19N 25W Jim 25/24 Pa 1h, November 21, 2022 HH, OIL, TD: 19304 ft Lat: 36.08657, Long: -99.81422 API: 35045238590000 …

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Permits to drill for March 14, 2023

Grady County CKSMOU #17-10-2 INJ, March 14 2023 17 3N 5W SENWSENE API: 05125023 Lat: 34.734667917834756, Long: -97.74151109741089 MACK ENERGY CO DH, DR, 10868 ft, MORROW SUBTHRUST(10266) Lincoln County HAMM #1, March 14 2023 19 16N 3E SWNESWSW API: 08123458 Lat: 35.8423976426243, Long: -97.03232260784894 BENSON OPERATING LLC SH, RC, 4980 ft, CLEVELAND(3800), OSWEGO(4200), PRUE(4300), SKINNER UP(4350), SKINNER …

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Treasurer reassures Oklahomans no state funds were in failed Silicon Valley Bank

  Oklahoma State Treasurer Todd Russ said the state had no direct investments or holdings in the failed Silicon Valley Bank, the failure that shook the nation’s finance industry. In a statement Tuesday, the Treasurer explained some of the pension portfolios took minor changes as indexed funds adjusted to the market but remain on a …

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A tough day for crude oil as it plunged more than 4% on Tuesday

Crude oil prices fell more than 4% in Tuesday’s trading, reaching a three-month low because of a new U.S. inflation report and recent bank failures.  Oklahoma energy stocks managed to make moderate gains a day after suffering losses. West Texas Intermediate crude suffered a 4.6% drop on a $3.47 a barrel fall to $71.33 on …

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Senate leader—Why isn’t Oklahoma being chosen in economic competition?

  On the same day Oklahoma learned it lost in competition with Canada to land a new Volkswagen EV battery plant, the leader of the State Senate  announced he was going to do something about the state always coming in a loser for such economic competition. “There is no reason for us to continuously lose …

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How one ESG supporter defends the climate change effort

  ESG has certainly stirred up legislators in Oklahoma and Texas and other oil and gas producing states. They responded with laws and bills attacking investment firms that discriminate in their financial support against the oil and gas industry. One defender of the ESG movement is Rabbi Moti Rieber, executive director of Kansas Interfaith Action, …

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Scientists blame natural gas production for southern Colorado earthquakes

  Recent earthquakes in southern Colorado are being blamed on wastewater injection wells—just like those in Oklahoma in years past and in the Permian Basin of West Texas in the past several months. The southern Colorado quakes are near the city of Trinidad, an area known as the Raton Basin. Scientists blame nearby natural gas …

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New Mexico legislators fight storage of nuclear waste near Carlsbad

  New Mexico legislators apparently are intent on blocking the storage of radioactive waste at a site near Carlsbad. A House Judiciary Committee voted this week in support of a bill to prohibit the storage of the high-level radioactive waste in the state without New Mexico’s consent according to the New Mexico Political Report. The …

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Short energy reads

** A new nuclear reactor in the US started up last week — the country’s first in nearly 7 years. Georgia Power expects Vogtle Unit 3 to be fully in service in May or June of this year. Nuclear Regulatory Commission spokesperson Scott Burnell told CNBC that this marked the first nuclear reactor to achieve initial criticality …

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Edmond Representative hopes to end shortage of commercial truck drivers

  A bill, whose author contends will steer more commercial truck drivers to Oklahoma and end a shortage of drivers, won State House Approval this week. House Bill 2750, authored by Rep. Nicole Miller, R-Edmond, would make it earlier for more Oklahomans to receiver their commercial driver’s licenses (CDLs) by addressing inefficiencies in the current …

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