** U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive. The unit of APA Corp did not say how many workers would be cut as a result of the move. ** The White House on Friday …
June 2023 archive
Rep. Lucas moves to make NOAA standalone agency in federal government
Congressman Frank Lucas has moved ahead with his idea of turning the National Oceanic and Atmospheric Administration into a standalone government agency. Right now, NOAA is part of the U.S Commerce Department. Rep. Lucas, in his capacity as chairman of the House Science, Space, and Technology Committee went ahead this week and filed legislation …
GRDA to consider requesting another Attorney General’s opinion
Weeks after Attorney General Gentner Drummond ruled the Grand River Dam Authority’s assets were indeed owned by the state, he could be asked for another opinion by the Authority. The GRDA meets June 14 and its agenda includes a request regarding the recent conditional document signed by Panasonic for construction of its EV battery plant …
Halliburton wins major carbon capture contract in United Kingdom
Just how much money will be involved wasn’t revealed, but Halliburton Company announced this week it was awarded a major carbon capture contract in the United Kingdom. Under the deal for the HyNet North West Project in the Liverpool Bay, Halliburton will provide completions, liners, and monitoring products and services for the carbon capture …
Oklahoma Broadband Office state tour finishing soon
The Oklahoma Broadband office has only four stops remaining on its 18-city tour of the state to hear about high-speed internet priorities. Its most recent stops were in Miami, Lawton and Sulphur. Representatives of the office will be in Ada on Tuesday, June 13. Remaining stops include Okmulgee on June 20 at 4:30 p.m.; …
Completion reports for June 9, 2023
KINGFISHER COUNTY Bce-mach Iii Llc Mississippian (less Chester)(6423): Oil 304 Gas 420 Water 451 Pump 22 18N 5W Baxter Trust 27-18-5 1mh, October 20, 2022 HH, OIL, TD: 11764 ft Lat: 36.01567, Long: -97.72480 API: 35073269230000 Bce-mach Iii Llc Mississippian(less Chester)(7271): Oil 225 Gas 393 Water 342 Gas Lift 30 15N 5W Fowler Trust 30-15-5 2mh, October 03, 2022 HH, OIL, TD: 12636 ft Lat: 35.74093, …
Permits to drill for June 9, 2023
Grady County CKSMOU #27-25-3, June 09 2023 27 3N 5W NENESWSE API: 05125034 Lat: 34.6989916579689, Long: -97.70868892091679 MACK ENERGY CO DH, DR, 11771 ft, MORROW SUBTHRUST(11024) Grady County NOLAN #1-29-20-17-8XHS, June 09 2023 29 7N 5W SWSESENW API: 05125033 Lat: 35.05173946362117, Long: -97.75119442697473 CONTINENTAL RESOURCES INC MU, DR, 27519 ft, SPRINGER(11488) Grady County NOLAN #2-29-20-17XHS, June 09 …
Carbon capture bill signed into law by Governor Stitt
Oklahoma Governor Kevin Stitt this week signed legislation to pave the way for Oklahoma’s participation in a proposed hydrogen hub with Arkansas and Louisiana and for development of hydrogen projects in the state. He signed SB 200, starting the process to gain program delegation from the EPA for Underground Injection Control (UIC) Class VI carbon …
Retired General says US national security can be improved with a stronger energy policy including oil and gas
The best way to beef up the country’s national security, according to retired U.S. Army Gen. Wesley Clark, is more cooperation from the Biden administration and the domestic oil and gas industry. It’s what he told a recent Hart Energy SUPER DUG conference held in Fort Worth, explaining China and Russia each are a …
Friday was a weak day for crude oil and Oklahoma energy stocks
Not only did oil prices fall by more than a dollar a barrel on Friday, but Oklahoma energy stocks tumbled as well, some as much as 4%. Crude made its second straight weekly decline after Saudi Arabia’s decision last weekend to cut output and disappointing Chinese data added to doubts about demand growth. West Texas …