The U.S. Senate’s recent approval of the Fiscal Year 2024 National Defense Authorization Act resulted in more than $170 million for Oklahoma’s military installations. “I’m glad that we were able to land significant victories for our state and our country in this year’s NDAA,” said Sen. Markwayne Mullin in referring to the funding for …
July 29, 2023 archive
Energy quick reads
** U.S. regulators approved proposals to speed up the connection of new power projects to the electric grid, reforms that could ease a growing backlog of requests from wind and solar energy developers. Today there is more than 2,000 gigawatts of renewable power waiting to be connected to the grid — nearly double the amount …
Civeo reports lower 2Q earnings
Civeo Corporation, the man-camp provider reported a decline in second quarter revenue and blamed lower Canadian LNG-related lodge occupancy and mobile camp activity. In the second quarter of 2023, Civeo generated revenues of $178.8 million and reported net income of $4.5 million, or $0.30 per diluted share. During the second quarter of 2023, Civeo …
Cash distribution announced by Alliance Resource Partners
Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved a cash distribution to its unitholders for the quarter ended June 30, 2023 (the “2023 Quarter”). ARLP unitholders of record as of the close of trading on August 7, 2023 will receive a cash distribution for the 2023 Quarter …
California firm reports significant well near Tishomingo, Oklahoma
It isn’t everyday a large producing oil well is reported in Oklahoma’s Johnston County, but California-based Bnk Petroleum Inc. filed a completion report this week on a well with 820 barrels of oil a day in production. The Brock 9-3h also had 586 Mcf of natural gas from a drilled depth of 14,883 feet …
Permits to drill for July 28, 2023
Creek County WIDOWMAKER 33-1 #33-1, July 28 2023 33 15N 9E CN2NWNW API: 03729512 Lat: 35.73994664141658, Long: -96.36694483178735 RUSH CREEK OPERATING LLC SH, DR, 2400 ft, PRUE(2250), SKINNER(2350) Grady County LARRY JACKSON #1-16, July 28 2023 16 3N 7W NESWNENW API: 05124056 Lat: 34.73761666878472, Long: -97.94381858762738 SUNDOWN ENERGY LP SH, RC, 3504 ft, FORTUNA(2770), NOBLE-OLSON(3153) Noble County …
Completion reports for July 28, 2023
CADDO COUNTY Citation Oil & Gas Corp Permian-hoxbar(1490): Oil 1 Water 333 Pump 35 6N 10W West Cement Unit 9-20, July 14, 2023 SH, OIL, TD: 3804 ft Lat: 34.94924, Long: -98.22064 API: 35015232110000 JOHNSTON COUNTY Bnk Petroleum (us) Inc Caney(9429): Oil 820 Gas 586 Water 229 Pump 9 4S 4E Brock 9-3h, November 12, 2022 HH, OIL, TD: 14883 ft Lat: 34.21673, Long: -96.88792 …