BEAVER COUNTY Wynn-crosby Operating Lp Wabaunsee(3624): Water 160 Pump 19 6N 20E Gribi Trust A 1, April 13, 2023 SH, DRY, TD: 7000 ft Lat: 36.96654, Long: -100.94311 API: 35007223950001 CARTER COUNTY Ardmore Production & Exploration Co Fusulinid Low(5532): Oil 12 Gas 1 Water 4 Pump 35 3S 2W Aou 15-2, February 06, 2023 DH, OIL, TD: 6074 ft Lat: 34.24963, Long: -97.37462 API: 35019264460001 …
June 20, 2023 archive
Permits to drill for June 20, 2023
Grant County WEBB #53-H, May 16 2023 35 28N 3W SESWSWSE API: 05323469 Lat: 36.85493549383278, Long: -97.48764955828338 SOUTHERN STAR CENTRAL GAS PIPELINE HH, AM, 7472 ft, MISSISSIPPI(4180)
Storms result in price gouging law being implemented
Attorney General Gentner Drummond announced that today’s declaration of emergency for eastern Oklahoma in the aftermath of Saturday’s storms has now triggered activation of the Emergency Price Stabilization Act. After the declaration was delayed for so many days, Drummond is also calling for reform of certain emergency response procedures. The impacted counties are Choctaw, …
Crude prices settled lower in Tuesday’s trading
Crude oil prices took a downturn on Tuesday because of forecasts for slower oil demand growth in China, which is the world’s second-biggest oil consumer. At the same time, it left Oklahoma energy stocks mixed in trading with some companies registering 4% losses. West Texas Intermediate crude for July delivery dropped $1.28 or 1.8% …
OKC to use Brownfields funding to clean up two former schools
Oklahoma City leaders decided this week to use some of the city’s $2.8 million in Brownfields funds on the cleanup of two former elementary schools. The funds from the government are intended to finance environmental cleanup that supports redevelopment projects within Oklahoma City limits. On Tuesday, the City Council approved $250,000 in subgrants …
Progress is cited in power restoration following weekend severe weather
With temperatures expected to hit their highest level of the year on Tuesday, crews of Public Service Company of Oklahoma and Oklahoma Gas and Electric reported major progress in returning electrical power to thousands who lost it during the weekend severe weather. Efforts of rural electric cooperatives appeared to be going slowly. At mid-day …
Rep. Cole complains of Biden administration’s overregulation and overreach
Oklahoma Congressman Tom Cole is targeting what he calls the “overreach, overregulation and red tape from the federal government.” In his weekly column, the Republican Representative said it’s what he heard constituents complaining of most during a trip back to the Fourth District. They told Cole how the crushing weight of the government isn’t …
Patterson-UTI expands again with latest merger
The recently announced $5.4 billion merger of Patterson-UTI Energy, Inc. and NexTier Oilfield Solutions Inc. will likely see an impact on Patterson’s operations throughout Oklahoma and the Mid-Continent region. The two firms announced last week to combine in an all-stock merger of equals transition, one that will create an industry leading drilling and completions …
Diesel fuel prices nearly a dollar cheaper than one year ago
Just as gasoline prices plunged 31% in the past year across the U.S., falling from more than $5 a gallon to about $3, so have diesel fuel prices paid by most truckers. The average price for a gallon of diesel fuel in Oklahoma was $3.44 as of Tuesday, two cents cheaper than a week …
Oil companies race to grab land for deep storage of carbon dioxide
The latest land grab by oil and gas companies? It’s the storage of carbon dioxide and the big energy giants are eager to lease land for deep storage of CO2. Just as Oklahoma farmers and ranchers experienced high dollar leases offered to them several years ago when the STACK and SCOOP plays gave birth …