March 30, 2023 archive

Completion reports for March 30, 2023

BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10065): Oil 1530 Gas 3522 Water 964 Flow 22 15N 11W Cowan 15_10-15n-11w 2hx, January 11, 2023 HH, OIL, TD: 22063 ft Lat: 35.76787, Long: -98.35597 API: 35011243090000 CARTER COUNTY Kodiak Oil & Gas Inc Permian(900): Oil 8.6 Water 77 Pump 35 3S 2W Awu 44, January 03, 2023 SH, OIL, TD: 1007 ft Lat: 34.25310, Long: -97.38348 …

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Permits to drill for March 30, 2023

Kingfisher County LINCOLN NORTH UNIT #95-4HO, March 30 2023 06 17N 5W SWSESESE API: 07326993 Lat: 35.97104740574588, Long: -97.7662356095725 BCE-MACH III LLC HH, DR, 11695 ft, OSWEGO(6190) Kingfisher County EAST HENNESSEY UNIT #269HO, March 30 2023 33 19N 6W SWSESWNE API: 07326994 Lat: 36.08064017698031, Long: -97.84169306708864 BCE-MACH III LLC HH, DR, 14351 ft, OSWEGO(6208) Seminole County CHARLES …

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Crude oil made 2% gain in the US while OK energy stocks recorded moderate increases

  Crude oil prices managed a 1% gain in Thursday’s trading while Oklahoma energy stocks made moderate gains for the day. Prices went up as the government revealed U.S. crude stockpiles were lower. An export halt from Iraq’s Kurdistan region also played a role in the price increase. West Texas Intermediate crude rose $1.40 or …

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Oklahoma Representatives help House to approve GOP-sponsored energy act

  When the U.S. House of Representatives on Thursday approved the measure labeled the Lower Energy Costs Act or H.R. 1, all five Oklahoma Representatives voted to support the bill. Approval came on a bipartisan vote of 225-204. Republicans called the bill their effort to reverse the energy crisis caused by the Administration’s “failed, anti-American …

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Not the kind of earthquakes Oklahomans normally experience

  When earthquakes rattle Oklahoma, Texas and Kansas, they are sometimes linked to the oil and gas industry and the deep injection of water returned to well below the earth’s surface. The more than 60 earthquakes recorded this week in Wyoming had nothing to do with the oil and gas industry, but the long-proven volcanic …

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Red Flag Warning for western Oklahoma

  Brace for high winds to hit Oklahoma late this week, especially on Friday and in the western part of the state where there is a Red Flag Warning issued by the State Forestry Service. The arrival of a Pacific front will push dry air across the state coupled with very strong winds and above …

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More energy reads

** A freight train derailed in a fiery crash near a small town in Minnesota early Thursday, forcing residents to evacuate as a precaution, officials said. The incident was reported at around 1 a.m. CT. Multiple tankers of a train operated by BNSF Railway derailed and caught fire on the western edge of Raymond, a town in …

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Congressman reminds bank regulators of Oklahoma’s infamous Penn Square Bank failure 41 years ago

  When a House Committee grilled federal regulators this week on their bailout of California’s Silicon Valley Bank, Oklahoma Congressman Frank Lucas was among those wanting some answers. He also reminded regulators of the infamous collapse of the Oklahoma City Penn Square Bank and the response of the FDIC in the early1980s. He sits on …

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Devon’s SEC filing details revolving credit agreement

  A new SEC filing by Devon Energy Corporation showed the Oklahoma City oil and gas firm recently entered into an amended and restated credit agreement for a $3 billion revolving credit facility. Bank of America, N.A. was identified as the administrative agent and the swing line lender. Such a lender is one that makes …

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Kansas legislators debate blinking wind tower lights and blocked railroad crossings….sound familiar?

  Kansas legislators are dealing with two issues common across Oklahoma—blinking red lights from wind towers across the land and trains blocking street crossings. As for the blinking wind turbine lights, legislators were told this week, “These blinking red lights drive people crazy,” as Rep. Carrie Barth put it. Senate Bill 49 would require the installation …

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