April 18, 2023 archive

Completion reports for April 18, 2023

BECKHAM COUNTY Unbridled Resources Llc Granite Wash Up (mo)(10700): Oil 480 Gas 1260 Water 748 Flow 21 11N 26W Blevins 16×9-11-26 1hc, October 16, 2022 HH, GAS, TD: 19994 ft Lat: 35.42042, Long: -99.95446 API: 35009219980003 CREEK COUNTY Enterprise Energy Exploration Inc Bartlesville(2913): Oil 2 Gas 25 Pump 11 18N 7E Badger 4a, February 02, 2023 SH, GAS, TD: 3404 ft Lat: 36.05646, Long: -96.53603 …

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Permits to drill for April 18, 2023

Garvin County LILY #2-29-20GXH, April 18 2023 32 4N 4W SENENWNW API: 04925160 Lat: 34.781504537499444, Long: -97.64752889009985 RIMROCK RESOURCE OPERATING LLC MU, DP, 19100 ft, GODDARD(11700) Garvin County BLACK BEAR ##1 SWD, April 18 2023 30 1N 3W NENESWNW API: 04925417 Lat: 34.531675155514606, Long: -97.55892827870214 CONTINENTAL RESOURCES INC SH, DR, 5898 ft, MARKHAM(4332), ALDRIDGE(4762), HUMPHREYS(5306), SIMS(5563) Grady …

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Crude oil held steady in Tuesday’s trading

  Tuesday brought weak changes in crude oil prices as investors learned of positive economic data about No. 2 oil consumer China. It dampened some existing worries that U.S. interest rates could be raised in the coming weeks. West Texas Intermediate crude closed up 3 cents or 0.04% at $80.86 a barrel in trading on …

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Improved auto dealers bill sent to Gov. Stitt

Only the governor’s signature stands in the way of a bill that its principal author, Rep. Mike Dobrinski, R-Okeene, says will modernize Oklahoma’s automobile franchise laws in the state. Senate Bill 593, which passed the House with a vote of 97-0, is the culmination of several years’ work by the Oklahoma Auto Dealers Association and their …

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Alliance Resource investors await 1Q financial results

  Alliance Resource Partners, L.P. plans to release its first quarter 2023 financial results before the market opens on Tuesday, May 2, 2023. Executives and investors will no doubt be expecting another strong financial performance for the firm following its record performance in 2022. The Tulsa company, with major coal operations throughout the eastern U.S. …

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Colorado politicians try to reverse oil train decision

  The fight by some Colorado residents and politicians is heating up against a planned railway service to transport crude oil out of Utah and through Colorado. Some members of the state’s congressional delegation are opposed to the Uinta Basin Railway, an 88-mile railroad to collect the oil fields of the Unita Basin with the …

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Lucas wants NOAA to be an independent agency

  A House Committee held a hearing this week on efforts to establish the National Oceanic and Atmospheric Administration as a stand-alone agency in the government. Oklahoma Congressman Frank Lucas led the effort during a hearing of the House Science, Space, and Technology Committee. He introduced a 22-page long bill earlier in the year to …

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Thinking of buying an EV? Only 10 models will result in tax credit

  If you’re in the market for an electric vehicle and want to be eligible for a $7,500 consumer tax credit in the U.S., buy American. The Treasury Department released its approved EV tax credit list this week showing only 10 vehicles are eligible for the maximum amount. In order to meet the eligibility requirements, …

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Peter Zeihan says Oklahoma should give up trying to compete economically with Texas

  American geopolitical analyst Peter Zeihan has some advice for Oklahoma…stop trying to compete economically with Texas! Focus on railway development. Take advantage of its existing resources. The author and traveler, whose client list includes energy companies, financial institutions, business associations, agricultural interests and government organizations, was in Oklahoma City this week as evident by …

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Natural gas production increased in North Dakota

  North Dakota, a state where Oklahoma energy firms are among the most active oil and gas producers, reported a 7% increase in natural gas production in February compared to January. The North Dakota Department of Mineral Resources indicated it expects production to increase in the coming months reported KX News. Click here for KX …

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