June 21, 2023 archive

Permits to drill for June 21, 2023

Caddo County THELMA DAVISON #1, June 20 2023 01 6N 13W CSWNE API: 01536625 Lat: 35.01635317403219, Long: -98.53053959802664 CHACO ENERGY COMPANY SH, RC, 9395 ft, CHESTER THRST UP(2572), CANEY UP(4853), HUNTON UPTHRST(6527), SYLVAN THRST UP(7728), VIOLA UPPERTHRUST(7938) Creek County LITTLE TREE #1, June 21 2023 31 18N 7E NENESESW API: 03729509 Lat: 35.99159875326812, Long: -96.61146678787762 LITTLE RIVER …

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Completion reports for June 21, 2023

CREEK COUNTY Dexxon Inc Bartlesville(2578): Oil 35 Water 1211 Pump 8 17N 7E Yarhola Royalty Unit Tract 1 19, December 28, 2021 SH, OIL, TD: 2730 ft Lat: 35.96084, Long: -96.58608 API: 35037206600001 LOVE COUNTY L E Jones Operating Inc Taylor(7324): Oil 20 Pump 36 7S 2W North Jimtown Unit 10-2, February 10, 2023 SH, OIL, TD: 7500 ft Lat: 33.90539, Long: -97.36500 …

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Energy price decline affects state’s bottom line

  Oklahoma Gross Receipts to the Treasury continue to taper off as energy prices decline according to an update provided this week by Treasurer Todd Russ who indicated lower energy prices are clearly impacting the state’s bottom line. He said the 12-month total in May was $17.48 billion or $146 million less than the high-water …

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Crude prices climb over anticipated low fall harvests in Midwest

  Crude oil prices gained a dollar a barrel in Wednesday’s trading while Oklahoma energy stocks recorded some moderate gains, based largely on anticipated poor corn and soybean harvests. Crude rose as US corn and soybean prices increased to multi-month highs because of dry conditions in the Midwest and anticipated lower crops, something that could …

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Offering announced of 1.3 million shares of Gulfport Energy Corporation

  Gulfport Energy Corporation announced Wednesday an underwritten public offering of 1.3 million shares of its common stock by certain stockholders. The Oklahoma City-based energy firm explained the selling stockholders intend to grant the underwriters a 30-day option to buy another 195,000 shares to cover any overallotments. Gulfport will not sell any shares of its …

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Exploring more politics of energy—Mitchell Talks Energy

  The ever changing world of energy, whether it’s the politics of government decisions, crude oil production or the environment—-you never know what will be included in the weekly discussion by Scott Mitchell and his “Mitchell Talks Energy” program where he interviews Jerry Bohnen of Oklahoma Energy Today. This week? This week Scott and Jerry discuss …

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Sen. Lankford wants Biden to withdraw Labor Secretary nomination

  Oklahoma U.S. Sen. James Lankford and more than 30 other senators, Markwayne Mullin among them, say it’s time President Biden withdraw his nomination of Julie Su to be Secretary of Labor. He was also joined by Sen. Mike Braun of Indiana, Senate Minority Leader Mitch McConnell of Kentucky and 30 fellow GOP Senators in …

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Nearly 88,000 PSO customers remain without power while OGE might be finished with restoration efforts

  The goal is Saturday evening for all of the Public Service Company customers who lost power in last weekend’s severe weather to have service restored. PSO said it had restored electricity to more than 117,000 customers as of Wednesday evening but another 87,633 were still without power. At one point, 204,000 PSO customers were …

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Senators take on California’s engine ban and EPA as well

  Oklahoma U.S. Sen. Markwayne Mullin along with senators from Kansas and Nebraska contend California should not have the right to ban car engines that rely on fossil fuels and allow the EPA to grant waivers from an existing environmental law. He and Sen. Roger Marshall of Kansas and Sen. Pete Ricketts of Nebraska are …

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Earthquakes recorded this week in southern Colorado

  Southern Colorado experienced two earthquakes this week around the Trinidad area, a region where some studies claimed to have linked the seismic activity to oil and gas wastewater injection wells. The Monday morning earthquakes were only five minutes and seven miles apart, reported the U.S. Geological Survey. The first measured 3.8 magnitude near the …

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