June 7, 2023 archive

Completion reports for June 7, 2023

CARTER COUNTY Continental Resources Inc Woodford(8405): Oil 161 Gas 267 Water 4655 Flow 22 1S 3W Courbet 9-22-9xhw, February 24, 2023 HH, OIL, TD: 21169 ft Lat: 34.46167, Long: -97.49769 API: 35019265060000 KINGFISHER COUNTY Hinkle Oil & Gas Inc Oswego(6225): Oil 435 Gas 402 Water 990 Pump 17 17N 5W Lincoln Southeast Oswego Unit 37-4ho, December 30, 2022 HH, OIL, TD: 12180 ft Lat: 35.94252, Long: …

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Permits to drill for June 7, 2023

permits: none were processed today

While East Coast is under harmful smoke and smog, Oklahoma faces a 4th ozone alert day

  Oklahoma City and Tulsa remain under a fourth consecutive ozone alert day. The Oklahoma Department of Environmental Quality indicated the alert is in effect for Thursday, June 8. It comes as harmful conditions exist along the eastern coast of the U.S. New York City was enveloped by a thick haze of yellowish smog, largely …

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Big trading day for Oklahoma energy stocks while crude oil made more gains

  Wednesday’s trading produced strong results of 5% and 6% gains for some Oklahoma energy stocks while crude oil prices rose 1%. Crude prices gained as Saudi Arabia’s plans for oil production cuts offset worried about rising U.S. fuel stocks as indicated by the Energy Information Administration’s reports on crude stored at the Cushing hub. …

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Cushing hub sees gain in stored crude oil while U.S. total slips

  The amount of crude oil in storage at Oklahoma’s Cushing hub increased in the past week, while nationally figures saw a slight decline. The U.S. Energy Information Administration reported Cushing held 40.6 million barrels of oil as of June 2 of this year, up 1.7 million from the 38.9 million reported on May 26. …

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Workers attempt to clean up 1,000 barrels oil spill in northern Oklahoma

  A 3-mile stretch of the Nine Mile Creek near Kremlin in northern Oklahoma was contaminated when nearly 1,000 barrels of oil spilled from a drilling mud disposal site. The Oklahoma Corporation Commission indicated there is no timeline on how long it will take for the cleanup. Nemaha Environmental, based in the Garfield County town …

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Conservative GOP House members delay gas-stove bills

  Conservative Republicans in the House who didn’t like the debt deal Speaker Kevin McCarthy reached with the President exacted some revenge this week when they stalled on two bills aimed against the administration’s targeting of gas stoves. Two bills that were to be voted on Tuesday were stalled when  11 Republicans — most of whom are …

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Gasoline prices steady for now in Oklahoma—but it could change come July

  Gasoline prices are holding steady in Oklahoma while the experts are warning we can expect higher prices in the weeks to come because of the production cut decision by OPEC+ nations. The production cut by another million barrels of oil a day won’t take effect until July 1, so drivers might not see any …

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Casey’s President and CEO gets another title in his leadership role

  Casey’s General Stores, Inc., the firm headquartered in Ankeny, Iowa and with growing operations across Oklahoma, is under the direction of a new Chairman of the Board of Directors. The company announced the board unanimously elected Darren M. Rebelez, the firm’s President, CEO and current director to the additional role of Board Chair. He …

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Tenaska Power reaches contract over battery storage systems

  Tenaska Power Services, the company that operates the Tenaska Power plant in southeastern Oklahoma, announced a deal this week with Kraken Technologies which will focus on battery storage operations in Texas. The announcement stated this strategic collaboration will give TPS greater operational flexibility, enhance grid stability, and optimize its customers’ revenue streams in an …

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