The sales price of the 1.3 million shares in Gulfport Energy Corporation in an underwritten public offering announced this week was revealed at $95 per share. And a day later, Gulfport shares plunged 11% in value. In a filing with the Securities and Exchange Commission, Gulfport said the price was part of the offering …
The Cushing Hub remained steady in the past week of the amount of crude oil in storage, reaching 42 million barrels of oil. The U.S. Energy Information Administration, in its weekly Petroleum Report, indicated Cushing actually declined slightly from the 42.1 million barrels reported on June 9. The 42-million level was as of June …
It could still be several months before Oklahoma’s Broadband Office is able to complete a map of the state showing where there are deserts of internet service for residents. It’s what members of the Broadband Commission were told this week during a meeting in Oklahoma City. “Nearly 800,000 Oklahomans do not have high speed …
The disappointment and anger by Iowa’s elected officials to this week’s EPA decision to scale back how much ethanol should be blended into the nation’s gas supply over the next two years should not be a surprise. After all, Iowa is a corn-rich state and much of the corn is used in the production …
Oklahoma’s McClain County was the site of another strong oil well, this time by EOG Resources of Oklahoma City. The well produced more than 1,000 barrels of oil a day. The energy company filed a completion report this week on the Warhawk 0631 4h well, located at 7 9N 4W , a site a …
** Drivers in the state of Washington are celebrating the official start of summer with an unwelcome sight: America’s most expensive gas prices. The average cost of regular gasoline in Washington state has jumped by 32 cents over the past month to $4.93 a gallon, according to AAA. That’s 7 cents ahead of California, which is notorious for …
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 …
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 …
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 …
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 …
