While a move to expand the Right of First Refusal law in Oklahoma stalled in the legislature, a similar effort is underway in Missouri. There, a legislator filed a bill he contends will give more state control over the construction of power lines across northern parts of the state. KMA Radio reports the bill …
May 2023 archive
Ovintiv scores with more big producers in Kingfisher County
Mention Ovintiv USA and Kingfisher County in Oklahoma and visions of big producing oil wells come to mind. It happened again as the company reported completions on four wells drilled on a single pad with combined oil production of nearly 4,300 barrels a day. All four Gravitt wells were drilled at 30 15N 7W, …
Short energy stories
** A jury finds all four defendants guilty of bribery conspiracy in a case involving former ComEd executives accused of arranging jobs, contracts and money for allies of former Illinois House Speaker Michael Madigan in exchange for favorable legislation. ** The White House is trying to persuade Congress to pass a 30% tax on the electricity used …
Interior Secretary hit with more criticism in Senate hearing
Interior Secretary Deb Haaland came under more criticism during a Senate hearing this week. The latest blast came from West Virginia U.S. Sen. Joe Manchin who accused Haaland of ignoring federal law that requires fossil fuel and critical mineral development. His heavy criticism came after Wyoming Sen. John Barrasso accused the former New Mexico congresswoman …
Permits to drill for May 2, 2023
Creek County NE NEWBY UNIT #27-2, November 01 2022 27 15N 9E SWNENWSW API: 03729503 Lat: 35.746047680783775, Long: -96.3489796866679 RUSH CREEK OPERATING LLC SH, AM, 2450 ft, SKINNER(2280) Ellis County AUDINE 18/19 BO #1H, May 01 2023 18 18N 24W NENWNWNE API: 04523901 Lat: 36.041787772517246, Long: -99.7986803205699 MEWBOURNE OIL COMPANY HH, DR, 19852 ft, CHEROKEE(10000) Oklahoma County …
Completion reports for May 2, 2023
KINGFISHER COUNTY Bce-mach Iii Llc Oswego(6201): Oil 318 Gas 435 Water 1179 Esp 18 17N 5W Lincoln Southeast Oswego Unit 26-2ho, March 08, 2023 HH, OIL, TD: 12100 ft Lat: 35.95538, Long: -97.76994 API: 35073269630000 Ovintiv Usa Inc Mississippian (less Chester)(8846): Oil 885 Gas 1396 Water 2509 Flow 30 15N 7W Gravitt 1507 5h-30, February 03, 2023 HH, OIL, TD: 14390 ft Lat: 35.74103, Long: -97.99099 …
Crude oil prices and Oklahoma energy stocks take a big slide
Crude oil prices plunged nearly 5% to a five-week low in Tuesday’s trading and Oklahoma energy prices slide as well, some tumbling 6% and nearly 7%. Concerns about the economy brought prices down in the U.S. as politicians debated how to avoid a debt default. West Texas Intermediate fell $4 a barrel or 5.3% …
Increased oilfield activity is expected in Oklahoma
Despite losses in Oklahoma’s oilfield activity in the past few weeks as reported by Baker Hughes Co., a newly-released Oklahoma Energy Index shows increased industry activity is on the horizon in the state. The release of the Index says the predicted increase lies ahead despite significant declines in natural gas prices and the downward …
Senator accuses Interior Secretary Haaland of violating federal law
Interior Secretary Deb Haaland is accused of violating federal law and implementing land-use policies that only increase the U.S. dependence on China and Russia. Wyoming U.S. Sen. John Barrasso, the ranking member of the Senate Committee on Energy and Natural Resources made the charges during a hearing to examine the President’s budget request for …
Prison time for FAA computer hacking
An Oklahoma City man was recently sentenced to federal prison for using a computer to illegally gain access to a Federal Aviation Administration database and fraudulently obtain an aircraft mechanic’s license. Gordon Bellamy, Jr. was sentenced in Oklahoma City Federal Court after being convicted of computer access fraud. He was sentenced to 20 months …