June 16, 2023 archive

Permits to drill for June 16, 2023

Canadian County KILIMANJARO 1106 #2LMH-2, June 16 2023 02 11N 6W NENWNWNW API: 01725972 Lat: 35.46370513936121, Long: -97.81139047732839 CANVAS ENERGY LLC HH, DR, 13700 ft, MISSISSIPPIAN(8736) Mcclain County SMARTY JONES 32X5-10-4 #4HD, June 16 2023 29 10N 4W SESENESW API: 08722443 Lat: 35.3098934806049, Long: -97.64501184202538 FOURPOINT ENERGY LLC MU, DR, 19550 ft, MISSISSIPPIAN(8615), WOODFORD(8665), HUNTON(8815) Mcclain County …

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Completion reports for June 16, 2023

KINGFISHER COUNTY Bce-mach Iii Llc Mississippian (less Chester)(7081): Oil 217 Gas 232 Water 509 Gas Lift 7 15N 5W Johnson Family Trust 18-15-5 2mh, October 23, 2022 HH, OIL, TD: 12508 ft Lat: 35.78471, Long: -97.76806 API: 35073269150000

Crude oil prices finished with a gain on Friday while OK energy stocks were mixed in trading

Friday’s increase in crude oil prices resulted in a weekly gain for TWI and Brent crude, thanks to higher Chinese demand and OPEC+ supply cuts. West Texas Intermediate crude rose $1.16 and finished at $71.78 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude went up 94 cents and closed at $76.61 …

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CPRP Services files reports on more McClain County oil wells

  McClain County has proven to be a good place for oil and exploration by CPRP Services of Oklahoma City. The company’s latest filings of completion reports show nearly 1,500 barrels of oil production from two wells drilled on a single pad in the same area where the firm reported success south of Dibble. The …

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Summer driving is here—so what about gasoline prices?

  The start of summer is nearly here, and drivers are finding prices far lower than last year. AAA Oklahoma reported that lackluster demand and low oil costs are keeping gas prices relatively stable.  The national average for a gallon of gas remained stable since last week at $3.58, which is $1.43 less than a …

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Sen. Mullin says we don’t have a plastics problem….we have a plastic handling problem

  Oklahoma U.S. Sen. Markwayne Mullin made it clear in a recent Senate Committee hearing he thinks the production of plastic in the U.S. is not the problem that Democrats and environmentalists contend it is. He thinks there is a plastic handling problem. “Some witnesses today might make statements that plastics are harmful to your …

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Pipeline Industry in Texas has $61 billion impact on state

  A new Texas Tech University study shows the oil and gas pipeline industry had a more than $60 billion economic output in Texas in 2022. The study was conducted by the University’s Center for Energy Commerce and showed the industry’s economic output in 2022 was $60.5 billion and also provided more than $34 billion …

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