In the wake of significant overnight storms with 70+ mph winds, OG&E began working to restore electrical service in areas affected by an outage. Field personnel continued to make good progress restoring power to 90% of customers who experienced an outage across its service area. As of 5 p.m. on Sunday, approximately 1,000 customers remain …
July 2023 archive
Latest IPO in Permian Basin involves two former Ring Energy executives
Two former executives of Texas-based Ring Energy are forming their own company—Rise Oil & Gas. Hart Energy reported that Kelly Hoffman and Daniel Wilson have started laying the groundwork for an IPO of their Permian Basin E&P startup. Hoffman was CEO of Ring Energy and Wilson was Ring’s executive vice president and COO. Click here …
Energy briefs
** The Biden administration announced Friday it’s purchasing 6 million more barrels of crude oil for the Strategic Petroleum Reserve as it continues to slowly refill the emergency stockpile. ** California state air regulators and truck and engine manufacturers said on Thursday they had reached an agreement on state emissions rules that will give companies …
Friday was a strong day for crude oil prices and Oklahoma energy stocks
Friday saw crude oil prices and Oklahoma energy stocks rebound with strong gains—oil climbing nearly 3% to a 9-week high as supply worries and technical buying outweighed concerns of more interest rate hikes in the near future. U.S. benchmark, West Texas Intermediate crude rose $2.06 or 2.9% per barrel to close at $73.86 on the …
Permits to drill for July 7, 2023
Pottawatomie County BRAUM FARMS #1-8, July 07 2023 08 5N 3E SWNWSESE API: 12523975 Lat: 34.91570350398253, Long: -97.00403909076479 O G P OPERATING INC SH, DR, 4350 ft, BELLE CITY(2397), HOGSHOOTER(2717), LAYTON(2769), CLEVELAND(2919), HUNTON(3534), SYLVAN(3589), WILCOX(4137)
1,700 barrels a day from Carter County wells for Continental Resources
Continental Resources recently concluded a 3-well project on a single pad in Carter County with combined production of nearly 1,700 barrels of oil a day. The three Courtbet wells are located at 27 1S 3W, a site about one mile east of Ratliff City and each produced from the Woodford formation. The Courbet 5-27-16xhw produced …
Completion reports for July 7, 2023
CARTER COUNTY Continental Resources Inc Woodford(9430): Oil 388 Gas 533 Water 4007 Flow 27 1S 3W Courbet 5-27-16xhw, March 28, 2023 HH, OIL, TD: 21720 ft Lat: 34.44506, Long: -97.49484 API: 35019264840000 Continental Resources Inc Woodford(9615): Oil 716 Gas 872 Water 4137 Flow 27 1S 3W Courbet 4-27-16xhw, March 25, 2023 HH, OIL, TD: 21122 ft Lat: 34.44506, Long: -97.49494 API: 35019264830000 Continental Resources Inc Woodford(9995): Oil 552 Gas …
Amazon announces more renewable energy sources
Amazon is spreading its global renewable energy portfolio and recently reached 30 solar and wind projects in the southeastern US including two more solar farms in Arkansas. With five new solar and wind projects, Amazon expects to generate more than 7,500GWh once fully operational. It was last fall when two new solar energy projects …
3,100 barrels a day from 4 Ovintiv wells in Kingfisher County
Just as we suspected, the three-well single-pad project by Ovintiv Inc. reported in Kingfisher County was really a four-well single-pad project located one mile north of Okarche. It turned into four wells producing more than 3,100 barrels of oil a day. A fourth completion report was filed Thursday, one day after the three first …
Completion reports for Jul6, 2023
KINGFISHER COUNTY Devon Energy Production Company Lp All Zones Producing: Oil 427 Gas 2272 Water 397 Flow 31 16N 9W Bornboomer 31_30-16n-9w 4hx, April 26, 2023 HH, OIL, TD: 20268 ft Lat: 35.81655, Long: -98.19025 API: 35073269390001 Devon Energy Production Company Lp All Zones Producing: Oil 715 Gas 3221 Water 579 Flow 31 16N 9W Bornboomer 31_30-16n-9w 5hx, April 26, 2023 HH, OIL, TD: 20033 ft …