May 18, 2023 archive

Completion reports for May 18, 2023

CARTER COUNTY Continental Resources Inc All Zones Producing: Oil 61 Gas 82 Water 2653 Flow 8 1S 3W Houston 1-5-32xhm, February 09, 2023 HH, OIL, TD: 18450 ft Lat: 34.49163, Long: -97.54068 API: 35019264790000 HUGHES COUNTY Trinity Operating Usg Llc Woodford(7408): Gas 1056 Water 4097 Flow 1 5N 10E Cook 1-12/13/24h, January 03, 2023 HH, GAS, TD: 17338 ft Lat: 34.93243, Long: -96.20235 API: 35063249450000 MAJOR …

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Permits to drill for May 18, 2023

Garvin County LILY #2-29-20GXH, April 19 2023 32 4N 4W SENENWNW API: 04925419 Lat: 34.78144683955471, Long: -97.64752889256913 RIMROCK RESOURCE OPERATING LLC MU, AM, 20200 ft, GODDARD(12300)

PSO lowers its latest rate hike request

  Months after Public Service Company filed for a $294 million rate hike for its customers, the company has reached agreement with the Attorney General to lower its rate to $155 million. The joint stipulation and settlement agreement were filed earlier this month by Attorney General Gentner Drummond, AARP and the Public Utilities Division of …

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Oil down but Oklahoma energy stocks are up

Oil prices took a 1% skid on Thursday while Oklahoma energy stocks had a strong day in trading with one oil company recording a more than 12% gain for the day. What spurred the fall in crude oil? It came after solid U.S. economic data spurred the dollar to reach a two-month high. West Texas …

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More government spending programs make Sen. Lankford’s latest “Federal Fumbles”

  Oklahoma U.S .Sen. James Lankford is out with his Volume 7 of his federal waste book, Federal Fumbles: Ways the Federal Government Dropped the Ball, and among his findings are what he labels as government waste in funding climate change and broadband projects. “Federal Fumbles: Ways the Federal Government Dropped the Ball is a glimpse …

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Oil and gas group comes out in support of State Treasurer’s anti-ESG enforcement

  The Oklahoma Energy Producers Alliance (OEPA) has joined with State Treasurer Todd Russ as he takes steps to withhold state funds from WOKE institutions that discriminate against making Oil and Gas and Agriculture loans. “This is a courageous action by our State Treasurer and a win for Oklahoma producers,” OEPA Chairman and Owner of Kingery …

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Oklahoma Turnpike Authority loses bond adviser after being blacklisted by Treasurer

  After being blacklisted from state agency business because of its ESG  beliefs, Wells Fargo is no longer the bond adviser for the Oklahoma Turnpike Authority. The company was among those cited by Oklahoma Treasurer Todd Russ as violating Oklahoma’s new law which targeted financial institutions for their bias against the state’s oil and gas …

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Oklahoma’s 911 fees could increase if Governor signs bill

  Oklahomans might see a big jump in their monthly 911 fees if a bill approved in the legislature and sent to Gov. Kevin Stitt is signed into law. As the political website, NonDoc reported this week, the 67% increase would be part of a state effort to upgrade Oklahoma’s emergency hotline system. The increase …

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EIA reports Oklahoma saw increased oil production in past year

  No surprise in what the U.S. Energy Information Administration reported this week showing Texas and New Mexico were the leading oil-production states in the country. U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 compared with 2021, averaging 11.9 million b/d according to the EIA’s Monthly Crude Oil …

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More Garvin County wells for Continental Resources

  Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration in Oklahoma’s SCOOP play, filing completion reports on two wells on a single pad with combined production of nearly 1,400 barrels of oil a day. The reports for the Moonraker wells, located at 33 1N 3W or 5 miles …

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