PONTOTOC COUNTY Gulf Exploration Llc Senora(2562): Oil 9.6 Water 1 Pump 9 5N 4E Braum 5-9, March 24, 2023 SH, OIL, TD: 3400 ft Lat: 34.92392, Long: -96.88274 API: 35123238820002
April 12, 2023 archive
Permits to drill for April 12, 2023
permits: none were processed today
Crude oil prices gain 2% for a second straight day
While crude oil prices rose 2% in Wednesday’s trading in response to growing optimism the Federal Reserve will stop its interest rate hikes, Oklahoma energy stocks had a moderate day in trading. West Texas Intermediate crude in the U.S. closed up $1.73 or 2.1% to finish at $83.26 on the New York Mercantile Exchange, the …
Expanded WOTUS order put on hold by Federal Judge
For now, the Biden administration’s enforcement of a new WOTUS rule is on hold. A North Dakota U.S. District Court Judge granted a preliminary injunction, prohibiting the enforcement, implementation or application of the administration’s revised “Waters of the United States” rule. Oklahoma and 23 other states filed a challenge earlier in the year against …
Scam Alert!
The Oklahoma Corporation Commission warned Wednesday of a scam being operated against consumers. “The Oklahoma Corporation Commission (OCC) has been notified of false calls being made to Oklahomans saying there has been a recall on a “defective” electric or gas meter and demanding payment to complete the recall,” stated the Commission in its …
Colorado wants to ban oil and gas drilling? Wyoming says the drillers are welcome
A move by environmentalists in Colorado to eliminate all new permitting of oil and gas drilling in the state by 2030 is not only being called “ignorant” but welcomed by residents and legislators in Wyoming. “It sends a message to the oil and gas companies that here in Wyoming, we’re open for business,” said …
Summit Utilities announces lower gas bills for Arkansas customers
Summit Utilities announced this week that its Arkansas customers will see lower natural gas bills in the coming weeks. The company explained that natural gas costs are dropping and effective April 1, the new cost of gas rate for its 425,000 residential customers will drop about 43% from the winter rate. It will amount …
Occidental to build large carbon-capture plant in Texas
Occidental Petroleum unveiled plans this week to build the first of its kind and scale in the world—a carbon capture plant in Midland, Texas. The plant is scheduled to open in 2024. Occidental is using the European company called Climeworks which intends to use large fans to suck in air, scrub the carbon and …
Colorado legislators propose tougher air quality bill
The protection of air quality. It’s the intent of a bill unveiled this week by some Colorado legislators and if it becomes law, it would result in even more demands on the state’s oil and gas industry. The bill would set new emissions standards for the internal combustion engines used at drilling sites according …
New Mexico US Senator criticizes his own governor for vetoing climate tax incentives
A recent veto by New Mexico Gov. Michelle Lujan Grisham of a bill that included tax credits for EVs and geothermal energy generation didn’t sit well with one of her own Democrats. New Mexico U.S. Sen. Martin Heinrich went public with his criticism of her actions, declaring, “New Mexico’s state Legislature took bold action …
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