Carter County SGDSU #21A-1A, August 08 2023 31 2S 2W SWSENWSW API: 01922669 Lat: 34.337035979890004, Long: -97.45446027518184 SCOUT ENERGY MANAGEMENT LLC SH, RC, 3649 ft, DEESE(3530) Carter County SGDSU #21A-2A, August 08 2023 31 2S 2W SWSWNWSE API: 01922034 Lat: 34.33640953531197, Long: -97.44799407416201 SCOUT ENERGY MANAGEMENT LLC SH, RC, 3945 ft, DEESE(3804) Coal County MARTIN #1-27, August …
August 8, 2023 archive
Completion reports for August 8, 2023
WOODS COUNTY Bce-mach Llc Mississippian(5570): Oil 127 Gas 578 Water 918 Gas Lift 5 28N 17W Lm 5-28-17 2h, February 17, 2023 HH, OIL, TD: 10833 ft Lat: 36.94194, Long: -99.05200 API: 35151245990000
Oklahoma AG picks OKC law firm to carry out legal action in 2021 winter storm market manipulation
The same firm hired by Oklahoma Attorney General Gentner Drummond to do a preliminary investigation which led to his decision to seek legal action over market manipulation from the 2021 winter storm Uri has been picked to help his office recover billions of dollars from historic high natural gas prices. Drummond announced late Tuesday his …
Crude oil recorded gains in Tuesday’s trading
Following a U.S. government agency report showing a bright outlook on the economy, crude oil prices recorded gains on Tuesday. West Texas Intermediate crude went up 98 cents to $82.92 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, had a gain of 83 cents to $86.17 a barrel on …
United States orders Mewbourne Oil Company to pay $5.5 million and reduce unlawful air pollution from oil and gas wells in New Mexico and Texas
Texas energy company, Mewbourne Oil, has agreed to pay a $5.5 million penalty and to spend at least $4.6 million for projects to ensure 422 of its oil and gas battery pads in New Mexico and Texas comply with state and federal clean air regulations. These terms are in settlement of claims of unlawful operations …
Wind farm income dips for ALLETE Clean Energy in 2Q
While clean-energy operator ALLETE, Inc reported improved second quarter 2023 earnings of 90 cents a share on net income of $51.5 million, its subsidiary ALLETE Clean Energy saw a dip in earnings. ALLETE Clean Energy operates the firms wind farms in Oklahoma and other states and had second quarter net income of $3.1 million …
Cactus Drilling records 2Q gain but cautious about what the third quarter will bring
A gain in revenue in the second quarter was reported by Cactus, Inc. while its operating income was down. At the same time, company leadership is cautious about what the third quarter might bring. The Texas-based drilling company had revenue of $305.8 million and operating income of $48.5 million, compared to first quarter revenue …
Record US oil production in late 2023 predicted by government
The U.S. Energy Information Administration (EIA) expects U.S. crude oil production to surpass 12.9 million barrels per day for the first time in late 2023 and to exceed 13 million barrels per day in early 2024. In its August Short-Term Energy Outlook (STEO), EIA forecasts U.S. crude oil production to average 12.8 million barrels per day …
Storms left thousands without electricity
Early-morning thunderstorms sped across central Oklahoma Tuesday, leaving some homes damaged by strong winds, downed power lines and nearly 10,000 customers without power at one point. News 9 TV reported that in Tuttle, high winds left debris strewn over parts of the town, and downed power lines in the area, resulting in power outages …
Williams prices $1.25 billion in Senior Notes
Williams announced this week the public offering of $1.25 billion in Senior notes. The company said it intends to use the net proceeds of the offering for general corporate purposes, which may include the repayment of our near-term debt maturities. The break-down includes $350 million of its 5.400% Senior Notes due 2026 at a …
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