May 10, 2023 archive

Permits to drill for May 10, 2023

Ellis County YANET 5-8 #2H, May 09 2023 33 21N 26W SWSWSWSE API: 04523902 Lat: 36.247093286277135, Long: -99.98958230837817 UPLAND OPERATING LLC HH, DR, 20000 ft, CHEROKEE(8840)

Completion reports for May 10, 2023

BLAINE COUNTY Camino Natural Resources Llc Mississippian(12909): Oil 18 Gas 15520 Water 3426 Flow 20 14N 12W Sooners 1412 29-32-1mxh, March 28, 2023 HH, GAS, TD: 23883 ft Lat: 35.66933, Long: -98.50607 API: 35011243390001 CANADIAN COUNTY Citizen Energy Iii Llc Mississippian(13207): Gas 4820 Water 866 Flow 7 11N 9W Earles Ranch 3h-7-18, January 27, 2023 HH, GAS, TD: 19110 ft Lat: 35.44316, Long: -98.20036 API: 35017258300000 …

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Biden’s power plant rule riles Sen. Manchin who vows to oppose the President’s future EPA nominees

  Just how upset is West Virginia Sen. Joe Manchin with the President’s proposed power plant rule and broader energy policy? How about angry enough that on Wednesday, the Democratic Senator issued a statement in which he vowed to oppose all of Biden’s future EPA nominees. “I fear that this Administration’s commitment to their extreme …

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Cushing Hub and US record gains in crude oil in storage

  The amount of crude oil in storage across the U.S. rose in the past week as did the total held at the Cushing Hub in northern Oklahoma. Nationally, the U.S. had 462.6 million barrels of oil as of May 5, up from the 459.6 million barrels reported as of April 28, reported the U.S. …

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Crude oil prices dropped 1% on Wednesday and OK energy stocks had another weak day

  Crude oil’s three-day rally ended Wednesday as prices fell more than a dollar a barrel while at the same time, Oklahoma energy stocks endured another weak day of trading. The slump in prices that after word spread that economic data suggested there could be another interest rate hike coming from the Federal Reserve. West …

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Sister wells reported in Canadian and McClain Counties

  A pair of Canadian County natural gas wells were completed earlier this year by Citizen Energy III LLC, of Tulsa. The two Earles Ranch wells are located on a single pad several miles southwest of El Reno near the Cedar Lake community, 7 11N 9W . The Earles Ranch 1h-7-6 was completed in January …

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Rep. Cole says it’s time to stand up to China’s economic coercion

  Oklahoma Congressman Tom Cole figures it’s time to stop the Chinese Communist Party from economic coercion tactics as it tries to intimidate its neighbors. He’s leading a House Committee hearing this week on the Countering Economic Coercion Act of 2023, a bill of which he is a lead sponsor. The House Rules Committee, which …

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Higher sand sales lead to increased revenue for frac sand supplier

  Texas-based Smart Sand, Inc., the frac sand supplier with an operation in El Reno, Oklahoma reported increased sales of sand and revenue in the first quarter of the year. While its revenues totaled $82.4 million compared to $73.8 million in the fourth quarter of 2022 and $41.6 million from a year earlier, the company …

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Oklahoma legislative committee gives early approval of tax package for Enel solar plant

  If renewable energy company Enel North America meets the terms of a state House approved taxpayer incentives package, it could get up to $180 million in incentives from Oklahoma over a proposed solar panel factor at the Tulsa Port of Inola. A House joint appropriations committee voted this week to give initial approval to …

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Oil and gas firm settles lawsuit filed by Oklahoma City over Stinchcomb Refuge

  The City Council in Oklahoma City voted this week to accept a $235,000 settlement from Revolution Resources and its contractor for alleged damage to the Stinchcomb Wildlife Refuge and theft of city water. The city filed suit earlier this year against Revolution and contractor Select Services who had been denied city permits to build …

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