August 7, 2023 archive

Permits to drill for August 7, 2023

Johnston County EMERY #17-3H, August 07 2023 08 4S 4E SWNWSESW API: 06920203 Lat: 34.21800286080375, Long: -96.91092074363591 BNK PETROLEUM (US) INC HH, DR, 15906 ft, CANEY(9833) Johnston County EMERY #17-4H, August 07 2023 08 4S 4E SWNWSESW API: 06920204 Lat: 34.218002863454835, Long: -96.91098689813266 BNK PETROLEUM (US) INC HH, DR, 15880 ft, CANEY(9974) Johnston County EMERY #17-5H, August …

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Completion reports for August 7, 2023

completions: none were processed today

Energy Tech Night at OKC’s Tower Theatre on Thursday Night

Energy startups, innovators, venture groups and the finance community will come together to catch up on the latest in emerging tech at Energy Tech Night to be held at the Tower Theatre in Oklahoma City on Thursday, August 10, 2023 from 6 p.m. to 9 p.m. Each quarterly Energy Tech Night offers insights from energy …

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Biden Administration Delays Plans to Restock Emergency Oil Reserves

The Biden Administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 per barrel, according to a published report by the Associated Press. The Energy Department recently canceled a planned purchase of six million barrels for the strategic reserve, saying it wants to secure …

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Oklahoma Commerce Department extends contract to boost defense spending in state

The Oklahoma Commerce Department announced it recently renewed a contract to help expand Oklahoma’s aerospace industry and increase Department of Defense spending in the state. The contract by the department’s ACES division is with Source Approval Packaging & Aerospace Consultation, LLC and will provide aerospace and defense contracting consulting services for Oklahoma’s small and medium …

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Bice explains her bill to stop China’s land gobble in US

  Congresswoman Stephanie Bice (OK-05) recently spoke with the Washington Examiner about her new legislation, The Stop CCP Land Act, which incentivizes states to prohibit countries such as China and Russia from purchasing American agricultural land. Read more below. Washington Examiner – Reese Gorman Rep. Stephanie Bice (R-OK) introduced the Stop China’s Continuous Purchase of Land Act, which would take a state-focused …

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Don’t take electricity for granted!

    Growing up in the early days of REA in Western Kansas when power outages were a routine thing, resulting in candles and kersene lamps, I had a great respect for the need for energy. When winter storms hit, you knew the electricity could or would be off for days at a time. So …

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Crude prices slipped with anticipated summer driving season end about here

  As investors prepared for weaker crude oil demand from China and the U.S., crude prices took a 1% drop on Monday, leaving Oklahoma energy prices in a mix. Demand in the U.S. is expected to fall because the end of the summer driving season is only a few weeks away. The drop came after …

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OKC’s EMBARK expands free ride program for teens

Oklahoma City’s transportation service, EMBARK, announced it is offering free public transportation for students who are 18 and under. It is part of the Haul Pass program‘s expansion, which will help Oklahoma City youth travel around the city reported KOKH News. Click here for KOKH 

ONEOK records 2Q earnings increase ahead of merger with Magellan Midstream

    As ONEOK prepares for a merger with Magellan Midstream Partners, it reported its second quarter saw a 13% increase in net income as it reacherd $468 million or $1.04 per diluted share Because of the increased income, the Tulsa-based company increased its full-year 2023 financial guidance. It also recorded a 10% increase in …

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