Winds gusting up to 70 miles an hour are expected to rake across southern Colorado on Friday, bringing power outages and damage. The National Weather Service issued a high wind warning, especially for areas in the San Luis Valley, the southeastern mountains, the southern I-25 corridor and the far south plains. Power outages …
March 2023 archive
Texas legislators tackle bill to oppose EPA’s anti-oil and gas efforts
Texas legislators are considering a bill to bar state officials from giving assistance of any kind to enforcement of any federal oil and gas law that contradicts the state’s own laws. The Hill reports the bill has bipartisan support and if signed into law could prevent problems to the Environmental Protection Agency in its …
Oklahoma Senators vote to overturn WOTUS
Oklahoma U.S. Sens. James Lankford and Markwayne Mullin were among the 53 Senators who voted Wednesday in support of a Congressional review Act resolution to overturn the Biden administration’s Waters of the United States Rule. The final vote was 53-43 and four Democrats voted with Republicans in favor of repealing the controversial rule that …
Crude oil total declines at Cushing Hub
Data from the federal government shows the amount of crude oil in storage at Oklahoma’s Cushing hub declined in the past week. The U.S. Energy Information Administration reported that Cushing held 35.2 million barrels of crude oil as of March 24, down from the 36.8 million barrels recorded as of March 17. Crude stocks …
Congresswoman says America needs Lower Energy Costs Act
Oklahoma Congresswoman Stephanie Bice makes the case to support the Republicans’ H.R. 1, the one they call the Lower Energy Costs Act. In a letter released this week to her constituents, the Republican Representative said the Act would roll back anti-energy policies put forward by the Biden Administration and repeal the $6 billion natural …
ONE Gas receives proceeds from sale of Winter Storm Uri bonds in Texas
A filing with the SEC by ONE Gas revealed its Texas Gas Service division received nearly $197 million as its portion of the net proceeds from the sale of Winter Storm Uri bonds. The filing indicated the sale was of Customer Rate Relief Taxable Series 2023 Bonds issued by the Texas Natural Gas Securitization …
Production of 2,900 barrels a day from two more Ovintiv wells near Okarche
The ability of Ovintiv Inc. to find large producer oil wells in Oklahoma’s STACK play continues to be a marvel to observers of the oil and gas industry. The company’s latest two producers, both drilled on a single pad in Kingfisher County had combined production of nearly 2,900 barrels of oil a day. Both …
Completion reports for March 29, 2023
CARTER COUNTY Kodiak Oil & Gas Inc Permian(880): Oil 3 Water 72 Pump 35 3S 2W Awu 45, January 04, 2023 SH, OIL, TD: 1083 ft Lat: 34.25215, Long: -97.38239 API: 35019265300000 Kodiak Oil & Gas Inc Permian(888): Oil 6 Water 69 Pump 35 3S 2W Awu 49, January 04, 2023 SH, OIL, TD: 1122 ft Lat: 34.25226, Long: -97.38327 API: 35019265340000 Kodiak Oil & …
Permits to drill for March 29, 2023
Kingfisher County GRELLNER 1408 #1-1-12MXH, March 29 2023 36 15N 8W SWSESESE API: 07326992 Lat: 35.72630770350001, Long: -97.99690752138206 MARATHON OIL COMPANY MU, DR, 19165 ft, MISSISSIPPIAN(8296) Kingfisher County GRELLNER 1408 #2-1-12MXH, March 29 2023 36 15N 8W SWSESESE API: 07326991 Lat: 35.72630770198507, Long: -97.99699174445274 MARATHON OIL COMPANY MU, DR, 19696 ft, MISSISSIPPIAN(8872)
Crude slipped in Wednesday’s trading but OK energy stocks recorded gains
Crude oil prices dropped in Wednesday’s trading while Oklahoma energy stocks headed in the opposite direction. Investors looked to make profits from two straight days of gains for crude oil prices. West Texas Intermediate crude dropped 23 cents or 0.3% to close at $72.97 a barrel on the New York Mercantile Exchange. Brent crude, the …