What’s on Scott Mitchell’s mind as he talks energy with Jerry Bohnen of OK Energy Today? One of the subjects is ONEOK’s nearly $19 billion acquisition this week of Magellan Midstream. Join Mitchell and Bohnen as they delve into other energy subjects and who knows what!
May 16, 2023 archive
Permits to drill for May 16, 2023
Canadian County WALTHER #3H-1-12, December 30 2021 01 10N 6W NWSWSWNE API: 01725752 Lat: 35.37103871032113, Long: -97.78560940947882 CITIZEN ENERGY III LLC MU, AM, 17300 ft, MISSISSIPPIAN(8100), WOODFORD(8400) Grady County JACQUEZ #6-19-18-7XHS, May 10 2023 30 7N 5W NENWNENW API: 05125030 Lat: 35.05791112722271, Long: -97.76972814870479 CONTINENTAL RESOURCES INC MU, AM, 26596 ft, SPRINGER(11135) Grady County JACQUEZ #7-19-18-7XHS, May …
Big 5-well project for Continental Resource in Garvin County
Continental Resources filed reports this week showing a recent completion of a 5-well single pad drilling project in Garvin County that produced more than 3,300 barrels of oil a day. The company also filed amended reports on three Grady County wells, changing their classification to gas production. The biggest project was the drilling of …
Completion reports for May 16, 2023
BLAINE COUNTY Devon Energy Production Co Lp Mississippian Lime: Oil 739 Gas 10984 Water 1369 Flow 4 14N 12W Hornet 9_16-14n-12w 2hx, February 13, 2023 HH, OIL, TD: 23041 ft Lat: 35.71233, Long: -98.48439 API: 35011243230000 GARVIN COUNTY Continental Resources Inc Sycamore(12237): Oil 1416 Gas 1612 Water 1117 Flow 19 1N 1W Speyside 6-19-20xhm, February 17, 2023 HH, OIL, TD: 21260 ft Lat: 34.54770, Long: -97.34741 …
Tuesday was a weak trading day for crude oil prices and Oklahoma energy stocks
Crude oil futures dropped again in Tuesday’s trading as weaker-than-expected economic data in China and the US offset a forecast of higher global demand from the International Energy Agency. At the same time, all but 2 of the Oklahoma energy stocks we follow daily managed gains. The rest endured losses. West Texas Intermediate crude …
Cheniere reaches long-term LNG contract with South Korean company
Cheniere Energy, Inc., the Houston-based company that is well known for its natural gas transmission operations in Oklahoma’s STACK play, has announced a long-term liquefied natural gas sale and purchase agreement with Korea Southern Power Co. Ltd. The sale involves Cheniere’s subsidiary, Cheniere Marketing International LLLP. Under the agreement, the Korean company will acquire 0.4 …
IEA–don’t let lower crude oil prices fool you
Worth repeating from Axios Generate…..a report indicating that despite current lower oil prices in the US and the world, we can expect tighter markets and increased global demand in the second half of 2023. Here is how Axios reported the prediction of the International Energy Agency on Tuesday: “The global oil market is slated to …
Canoo reports loss of $91 million in 1Q but pledges 20,000 car production this year
Canoo, the EV maker with plans for manufacturing plants in Oklahoma City and Pryor, admitted this week it lost nearly $91 million in the first quarter of the year. But the company also continued with its pledge to build 20,000 cars by the end of this year. Canoo reported a GAAP net loss and …
EV drivers in Texas to cough up more money for registration fees
Later this year Texas will begin charging extra registration fees for electric vehicles in lieu of motor fuel taxes that support the construction and maintenance of highways in the Lone Star State. The Texas Legislature passed and Gov. Greg Abbott signed Senate Bill 505, which will impose an annual $200 fee for the …
Truckers rally around Congressman Brecheen’s act to fight proposed rule
Truckers are reaching out to offer thanks to Oklahoma Congressman Josh Brecheen for his recent introduction of a bill to stop the government from limiting the speeds of their big rigs. Members of the CDL Drivers Unlimited, Inc. offered their appreciation for his introduction of H.R.3039, the Deregulating Restrictions on Interstate Vehicles and Eighteen-Wheelers …
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