June 6, 2023 archive

Completion reports for June 6, 2023

CARTER COUNTY Continental Resources Inc Woodford(8705): Oil 281 Gas 203 Water 5267 Flow 22 1S 3W Courbet 8-22-9xhw, February 28, 2023 HH, OIL, TD: 20441 ft Lat: 34.46159, Long: -97.49769 API: 35019265050000 Continental Resources Inc Woodford(9153): Oil 120 Gas 203 Water 5510 Flow 22 1S 3W Courbet 6-22-16xhw, March 09, 2023 HH, OIL, TD: 21050 ft Lat: 34.45147, Long: -97.49346 API: 35019265020001

Permits to drill for June 6, 2023

Canadian County SANFORD 1207 #3LMH-2A, June 06 2023 11 12N 7W NWSENWNW API: 01725969 Lat: 35.5349991988521, Long: -97.91635644206332 CANVAS ENERGY LLC HH, DR, 15500 ft, MISSISSIPPIAN(9147) Canadian County SANFORD 1207 #4LMH-2, May 04 2023 11 12N 7W NWSENWNW API: 01725958 Lat: 35.5349992000793, Long: -97.91640685564903 CANVAS ENERGY LLC HH, AM, 15500 ft, MISSISSIPPIAN(9147) Cimarron County BIG IRON #1, …

Continue reading »

Tuesday was a strong trading day for Oklahoma energy stocks while crude oil fell

  Nagging worries that sluggish economic growth might reduce energy demand sent crude oil prices down 1% on Tuesday. But Oklahoma energy stocks responded with big 5% and 6% gains in some cases. West Texas Intermediate crude dropped 41 cents a barrel or 0.6% to settle at $71.74 on the New York Mercantile Exchange. Global …

Continue reading »

Ozone alert issued for Wednesday in OKC and Tulsa

    For a third day, Oklahoma City and Tulsa are under ozone alerts issued by the Oklahoma Department of Environmental Quality. The latest alert will cover Wednesday, June 7, 2023. This alert will initiate the issuance of an “Ozone Alert Day” for the Oklahoma City area by the Association of Central Oklahoma Governments, and an “Ozone Alert Day” …

Continue reading »

Oklahoma regulators keep PSO rate hike case on the move

  Oklahoma Corporation Commissioners decided Tuesday to let an Administrative Law Judge issue a recommendation to them regarding the $155 million rate hike request made by Public Service Company of Oklahoma. Commission chairman Todd Hiett preferred using a legal term known as a “sua sponte order” in which the case could be assumed by the …

Continue reading »

Solar power fell short for OGE in its $331 million rate hike project

Documents and testimony in the $331 million rate hike request made by Oklahoma Gas and Electric with Oklahoma regulators show the utility encountered challenges in attempting to obtain new power through solar energy. The utility is seeking the rate hike to cover the replacement of aging power generating units at its Horseshoe Lake  Power Plant …

Continue reading »

Corporation Commission to review natural gas costs in Panhandle and NW Oklahoma

  If the Oklahoma Corporation Commission approves a fuel adjustment clause request for Panhandle Natural Gas, it will affect about 4,700 customers in northwest Oklahoma and the Panhandle. An Administrative Law Judge will hold a hearing on the matter Thursday morning at 10:30 a.m. and hear testimony to determine if Panhandle’s various charges and credits …

Continue reading »

OPEC+ cut will lead to higher oil prices predicts EIA

  If the U.S. Energy Information Administration is right, we can expect higher oil prices as a result of the OPEC+ weekend announcement it will extend its oil production cuts through 2024, this on top of Saudi Arabia’s intentions of a voluntary oil production cut of 1 million barrels a day in July. In its June Short-Term …

Continue reading »

Navajo leaders upset with government’s protective order around Chaco site

  Not all Native American tribes support Interior Secretary Deb Haaland’s move last week to ban oil and gas leasing for the next 20 years around the historic Chaco Canyon in northwestern New Mexico. The Navajo Nation has come out against Haaland’s decision, saying it undermines the tribe’s sovereignty and might affect its tribal mineral …

Continue reading »

Quick reads

** Votes on Republican bills that pertain to gas stoves were stalled Tuesday after a small group of House Republicans blew up an initial procedural vote. ** A major case alleging contamination by so-called forever chemicals will be postponed 21 days as the manufacturer and plaintiff close in on a deal. Judge Richard Gergel ordered the three-week …

Continue reading »