Some of the air in northeast Oklahoma remains unhealthy for those with certain kinds of breathing challenges. That’s why the Oklahoma Department of Environmental Quality issued another ozone alert for the Tulsa metropolitan area for Friday, June 16, 2023. This alert will initiate the issuance of an “Ozone Alert Day” for the Tulsa area by the Indian …
June 15, 2023 archive
Completion reports for June 15, 2023
BLAINE COUNTY Staghorn Petroleum Ii Llc Mississippian(9364): Oil 173 Gas 3387 Water 1175 Flow 16 17N 13W Kings Canyon 17-13-16 1h, March 12, 2023 HH, GAS, TD: 15855 ft Lat: 35.94285, Long: -98.58599 API: 35011243340000 CANADIAN COUNTY Paloma Operating Co Inc Mississippi(11453): Oil 37 Gas 803 Water 1830 Flow 18 12N 8W Sand Boulder 19_30-12n-8w 2mhx, April 05, 2023 HH, GAS, TD: 21984 ft Lat: 35.50974, …
Something made Canoo shares soar 18% on Thursday
It’s been three years since EV maker Canoo experienced the kind of trading day it had on Thursday. Shares rose nearly 18% in trading on Wall Street before closing at 66 cents a share. The price gain was $0.099 or 17.57% for the company that in recent weeks was in cash problems. Three years …
Thursday was a day of gains for crude oil prices and Oklahoma energy stocks
Thursday’s trading brought about a 3% gain for crude oil prices as they reached a one-week high and also resulted in 4% gains for Oklahoma energy stocks. The weaker U.S. dollar and a jump in refinery runs in top crude importer China were responsible for the increased oil prices. West Texas Intermediate crude, the U.S. …
Remember the nightmare of record high gasoline prices one year ago?
One year ago Thursday, the Oklahoma gas price average reached $4.67 per gallon, setting an all-time record high. It’s almost like a bad dream. But gas prices in the state have dropped 31% since last year, with today’s gas price average sitting at $3.21 per gallon reported AAA. This year, recession fears due to …
Northern Oil and Gas extends holdings in the Permian Basin with $500 million deal
One of the latest acquisitions in the Permian Basin was announced by Northern Oil and Gas, Inc. It reached a deal to acquire a 33.33% undivided stake in the Novo Assets in partnership with Earthstone Energy. Purchase price? $500 million in cash and subject to customary closing adjustments according to the announcement. The assets …
Acquisition of DCP Midstream by Phillips 66 is a done deal
Years after Denver-based DCP Midstream expanded its natural gas gathering assets into Oklahoma, the company’s sale in a $3.8 billion by Phillips 66 has been finalized. Phillips announced this week the completion means it now owns 86.85 of DCP Midstream. The deal included an acquisition of all the publicly held common units representing limited …
Puerto Rico finally makes payment to OKC firm for Hurricane Maria help
Nearly six years after Hurricane Maria devasted Puerto Rico, Oklahoma City’s Cobra Acquisitions, a wholly owned subsidiary of Mammoth Energy Services, has been paid nearly $11 million for its work in restoring electrical power to the island nation. It hasn’t been easy since the company has been in a legal fight with FEMA and …
Sen. Lankford calls for repeal of “Superfund” tax felt at the gas pumps
It’s called the Pay Less at the Pump Act and was introduced in Congress this week by U.S. Sens. James Lankford and John Barrasso, a Republican from Wyoming. Their plan is to lower energy prices for American families by repealing the $10.5 billion “Superfund Tax” on American energy production. “As I predicted, the so-called ‘Inflation …
Energy quick reads
** Sen. John Barrasso (Wyo.), the top Republican on the Senate Energy Committee, called on the Energy Department’s Office of Inspector General to investigate Energy Secretary Jennifer Granholm after she conceded to wrongly telling the committee she does not own individual stocks. ** The right-to-repair movement has suffered a setback in Massachusetts this week. The …
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