June 2, 2023 archive

Friday proved to be a strong day for crude oil and Oklahoma energy stocks

Crude oil and Oklahoma energy stocks recorded a strong trading day on Friday as crude prices rose 2% while stocks rose 5, 6 and 7% in some local cases. Crude went up after Congress passed the debt ceiling deal that averted a government default. West Texas Intermediate crude rose 2.3% or $1.64 to close at …

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Completion reports for June 2, 2023

ALFALFA COUNTY Bce-mach Llc Mississippian(5850): Oil 393 Gas 1102 Water 1168 Gas Lift 22 25N 11W Billy Blew 15-25-11 2h, March 28, 2023 HH, OIL, TD: 11157 ft Lat: 36.63709, Long: -98.36877 API: 35003234190000 GARVIN COUNTY Continental Resources Inc Woodford(11694): Oil 255 Gas 394 Water 2967 Flow 13 1N 2W Highlands 1-13-18-17xhw, February 28, 2023 HH, OIL, TD: 22480 ft Lat: 34.55259, Long: -97.36662 API: 35049253860000 JOHNSTON …

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Permits to drill for June 2, 2023

Canadian County WALTHER #4H-1-12, January 03 2022 01 10N 6W NWSWSWNE API: 01725753 Lat: 35.371088158904605, Long: -97.7856396011762 CITIZEN ENERGY III LLC MU, AM, 17300 ft, MISSISSIPPIAN(8200), WOODFORD(8400) Carter County HEWITT UNIT #22-4103, June 02 2023 22 4S 2W NESWNWSW API: 01926555 Lat: 34.192269225232906, Long: -97.40298255035016 XTO ENERGY INC DH, DR, 3200 ft, PONTOTOC(660), HOXBAR(1602), DEESE(2602) Mcclain County …

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Austin, Texas reaches agreement with other utilities for emergency help

  Mutual aid agreements are common practice among law agencies and fire departments to be implemented in the event of emergencies. The mutual aid agreement approved this week by the city of Austin, Texas is with neighboring utilities. It came about because of t he February ice storm that paralyzed the city and led to …

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New Executive VP named at LSB Industries

  LSB Industries, Inc. in Oklahoma City announced that Ashley McKee will join the company as Executive Vice President and Chief Human Resources Officer, effective June 5, 2023.  McKee will join the executive team reporting directly to Mark Behrman, LSB’s President and Chief Executive Officer. McKee joins LSB from Williams Companies, where she served in …

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Energy headlines from around the world

** Folded into the debt-ceiling bill that passed the Senate on Thursday are measures that could speed up the building of energy projects in the US. They are an update of the National Environmental Policy Act, or NEPA — long a punching bag for critics on both sides of the aisle who say the environmental permitting process for new projects takes too long …

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Crude oil and LNG exports mean a busier Port of Corpus Christi

  Increased LNG exports are leading the way for a busy Port of Corpus Christi in Texas. The Federal Reserve Bank of Texas reported how the ship channel is being made deeper and wider to accommodate more oceangoing carriers of crude oil and LNG. Dallas Fed President Lorie Logan recently toured the Port and was …

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No surprise here—record month of May for tornadoes in central Oklahoma

Central Oklahoma has often been characterized as a haven for tornadoes, with some of that perception based in reality—and myth. There has been nothing mythical about that reputation in 2023, however according to the Oklahoma Mesonet. At least 11 tornadoes touched down in central Oklahoma on May 11, adding to persistent tornadic activity in that region during …

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Lankford’s cybersecurity effort introduced in the Senate

    Oklahoma U.S. Sen. James Lankford was joined this week by several other Senators in introduction of an act to improve the government’s cybersecurity. He and Democratic Sen. Jacky Rosen of Nevada are co-founders of the Senate Abraham Accords Caucus and were joined by fellow caucus members Senators Joni Ernst (R-IA), Cory Booker (D-NJ), and …

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Completion reports for June 1, 2023

completions: none were processed today