August 22, 2023 archive

Completion reports for August 22, 2023

completions: none were processed today

Permits to drill for August 22, 2023

Creek County BACON #WI WELL, August 22 2023 28 15N 9E NWNWNWSW API: 03729513 Lat: 35.7476329867075, Long: -96.36866322681905 WFD OIL CORPORATION SH, DR, 2400 ft, SKINNER(2350

Backlog of projects highest since 2018 for Matrix Service Company

Business has been so strong for Tulsa-based Matrix Service Company that the firm says the backlog is the highest since June of 2018. A provider of engineering and construction services to the energy and industrial markets, Matrix also received fiscal fourth quarter awards of $464 million and as a result, its backlog reached $1.1 billion …

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Crude oil and OK energy stocks fell on Tuesday

Oklahoma energy stocks were lower on Tuesday along with crude oil prices. The drop in crude is being blamed on investors who continue to be worried about the struggling economy in China and how it’s affecting crude imports. US benchmark, West Texas Intermediate dropped 37 cents to close at $80.35 a barrel on the New …

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Renewable natural gas project requested by ONG

  Oklahoma Corporation Commissioners might decide this week whether to allow a pilot tariff project to allow Oklahoma Natural Gas Company to begin offering renewable natural gas. Commonly referred to as RNG, the gas is produced from landfills, wastewater treatment facilities and what are known as anaerobic digesters. It also costs more to produce than …

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Arkansas governor wants state Water Plan updated

  Arkansas Gov. Sarah Huckabee Sanders wants an update of the Arkansas Water Plan as two of the most critical aquifers in the state continue to decline. Arkansas Business reports the state plan has not been updated in nearly a decade and the governor’s order directs state agencies to identify the “most pressing current issues” …

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Devon Energy and Flogistix help El Reno open STEM centers

  El Reno Public School students celebrated the opening of three new science, technology, engineering and math (STEM) Centers.    Devon Energy and Flogistix partnered with the Cal Ripken, Sr. Foundation to install the STEM Centers in Rose Witcher Elementary, Lincoln Learning Center and Leslie F. Roblyer Learning Center.    Matt Goucher, superintendent of El Reno Public …

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Oil company payouts top exploration spending for first time

A new report by the national accounting firm of Ernst & Young revealed that the nation’s top energy companies paid out more of their earnings last year to shareholders than they invested in new oil and gas fields for the first time. At the same time, total capital expenditures decreased among the study companies, which …

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Commercial electricity use in Oklahoma declined in 2021 compared to 2019

  A new study by the government shows energy use in Oklahoma’s commercial sectors in 2021 actually decreased compared to 2019 before the COVID-19 pandemic. Oklahoma is listed among most states that saw about a 3% decline in energy use, according to the report issued this week by the U.S. Energy Information Administration. The report …

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Quick energy stories

** The Environmental Protection Agency (EPA) will scrap its current assessment of federal smog standards and start over, a move environmental advocates called an unnecessary delay. ** A group of Virginia-based environmental and conservation groups sued the state Monday over Virginia’s withdrawal from the Regional Greenhouse Gas Initiative (RGGI), a carbon-capping agreement encompassing several other East Coast …

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