August 2023 archive

Woods County well brought in by Citizen Energy

  Amidst a lack of many well completion reports this week, one does stand out—a 733 barrels a day oil well in Woods County in the northwest part of Oklahoma. Citizen Energy III LLC, headquartered in Tulsa, filed the report on the Keller 1h-21-28 well located at 16 24N 13W  or about 8 miles west …

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Behind the choice of an OKC law firm to represent the state in winter storm lawsuits

The political connections between Oklahoma Attorney General Gentner Drummond and the law firm he chose to handle the attempted recovery of billions of dollars from record high natural gas prices during the 2021 winter storm Uri are more than $5,800 in campaign contributions to Drummond. There are other connections, though they may be indirect, but …

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Crude oil stocks fell more at Cushing and across the US

  U.S. crude stocks fell almost 6 million barrels last week, losing all that they added the prior week, a government report showed on Wednesday. At the same time, crude stocks at the Cushing Hub in Oklahoma fell by nearly 1 million barrels. Cushing dropped from 34.6 million barrels on August 4 to 33.8 million …

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Bingman to make a second try at being elected Corporation Commissioner

  Oklahoma Secretary of State Brian Bingman plans to resign so he can run for corporation commissioner….again. He announced his decision Wednesday. “I’ve been a champion for our energy industry my entire career, I know the importance of protecting our top industry, because I’ve been in it for all of my professional life,” said Bingman. …

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Energy briefs

** The Biden administration on Wednesday celebrated the first anniversary of the Inflation Reduction Act, the landmark climate law President Biden signed in 2022. ** Sen. Joe Manchin (D-W.Va.) on Wednesday said he will keep up his battle against the Biden administration and officials who seek to “undermine” the Inflation Reduction Act (IRA) as part of their …

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New Mexico congressman wants to force oil and gas industry to pay for health care costs

  New Mexico congressman Gabe Vasquez, a Democrat, has filed a bill to create a health care trust for oil field workers. His bill wants to compensate them for uninsured medical costs related to air pollution and heat-related illnesses. It would also required that oil and gas companies pay into the trust to provide reimbursements …

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Permits to drill for August 16, 2023

permits: none were processed today

Completion reports for August 16, 2023

WOODS COUNTY Citizen Energy Iii Llc Mississippi(6403): Oil 733 Gas 1200 Water 2570 Flow 16 24N 13W Keller 1h-21-28, June 02, 2023 HH, OIL, TD: 17116 ft Lat: 36.55077, Long: -98.59701 API: 35151246150000

Ozone alert issued for Thursday in Oklahoma City and Tulsa

  The Oklahoma Department of Environmental Quality is issuing an ozone alert for the Oklahoma City and Tulsa metropolitan areas for Thursday, August 17, 2023. This alert will initiate the issuance of an “Ozone Alert Day” for the Oklahoma City area by the Association of Central Oklahoma Governments, and an “Ozone Alert Day” for the Tulsa area by the Indian Nations Council of …

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Crude oil prices slid again in Wednesday’s trading

Wednesday’s trading brought another decline in crude oil prices, even with a big drawdown in U.S. crude stocks. US benchmark, West Texas Intermediate dropped $1.61 or 2% to $79.38 on the New York Mercantile Exchange. The fall came a day after WTI dropped  $1.52 or 1.8%. Brent crude, the global benchmark, declined $1.44 or 1.7% …

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