CARTER COUNTY Kodiak Oil & Gas Inc Permian(910): Oil 5 Water 28 Pump 35 3S 2W Awu 51, July 27, 2023 SH, OIL, TD: 1060 ft Lat: 34.25099, Long: -97.38145 API: 35019265410000 LOVE COUNTY Charter Oak Production Co Llc Viola(9411): Oil 30 Gas 83 Water 62 Pump Caney(6391): Oil 160 Gas 53 Water 370 Flow All Zones Producing(0): Oil 102 Gas 264 Water 713 Pump 32 6S 3E Waylon Jennings 1-5, February 09, …
August 11, 2023 archive
Permits to drill for August 11, 2023
Texas County WILSON E WSW #1, August 10 2023 24 5N 15EC NWNENENW API: 13924660 MERIT ENERGY COMPANY DH, DR, 7900 ft, OSAGE(7580)
Oklahoma gas prices higher than a year ago
The national average for a gallon of gas has been hovering around $3.82 for the past ten days, a noteworthy length for price stability. This lack of price movement came despite an uptick in gas demand and rising oil prices approaching the mid-$80s per barrel. Today’s national average of $3.84 is 30 cents more than …
Crude oil finished up Friday for the 7th consecutive week
A forecast from the International Energy Agency of record global demand and tightening supplies sent crude oil prices higher on Friday. It was their seventh straight week of gains and the longest such streak since 2022. West Texas Intermediate crude gained 37 cents or 0.5% to finish at $83.19 on the New York Mercantile …
Mammoth Energy sees drop in 2Q earnings
Oklahoma City’s Mammoth Energy followed the path of many other energy firms as it too recorded a decline in second quarter earnings. The company announced the financial and operational results showing second quarter total revenue of $75.4 million was down 16% compared to the $89.7 mllion for the same quarter a year earlier and …
Singapore company picks Albuquerque as site for its first US solar plant
Albuquerque, New Mexico has been picked as the site for a nearly $1 billion solar manufacturing plant. Maxeon Solar Technologies, based in Singapore plans to build the plant and create 1,800 jobs in the city. It announced it picked Albuquerque as the site for its first manufacturing plant in the U.S. Click here for …
Fast reads of energy stories
** The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to remove more than 2 million metric tons of carbon emissions per year will get over $1 billion in federal grants, a key step in scaling up direct air capture (DAC) technology. The Department of Energy (DOE) selected Project Cypress in Louisiana, …
EV experience sours Canadian man on the industry
For every story you read about the growth of electric vehicles, there’s one on the flip side. Such as the one told by a Canadian man whose experience with his $115,000 electric pickup truck led him to declare, EVs are the “biggest scam of modern times.” He finally had to rely on a good …