completions: none were processed today
September 13, 2023 archive
Permits to drill for September 13, 2023
permits: none were processed today
While Cushing crude oil stocks fell, US stocks gained
Crude oil prices fell Wednesday as stocks in the U.S. increased in the past week, reported the government. But not in the Cushing hub in Oklahoma. The U.S. Energy Information Administration recorded a gain of 4 million barrels since September 1. The total in storage was 420.6 million as of September 8, up from …
EIA reports shallower wells are drilled in Permian Basin due to rising costs
Permian operators are drilling shorter wells, blunting the effects of rising costs of oil and natural gas production, reports the U.S. Energy Information Administration. Shorter wells help mitigate higher prices for inputs such as iron and steel tubing. In particular, these operators are moving away from drilling deep wells, which take longer to drill …
Increase in US crude supplies sent oil prices downward on Wednesday
After hitting a 10-month high, crude oil prices dropped in Wednesday’s trading, largely because of a surprise increase in U.S. crude inventories. US Benchmark West Texas Intermediate crude fell 32 cents and settled at $88.52 after hitting a session high of $89.64 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude slipped …
Congresswoman Bice is not a fan of the government’s ceiling fan ideas
Oklahoma Congresswoman Stephanie Bice took issue with another Biden administration proposed policy—that of making ceiling fans more energy efficient. She wrote Secretary of Energy Jennifer Granholm, urging her to withdraw the proposed rule, saying it is “heavy-handed” and will “only increase costs for the public and small businesses, all while making the summer …
Oklahoma regulators to consider ONG’s rate hike request
A request for a rate hike by Oklahoma Natural Gas will be reviewed by Oklahoma Corporation Commissioners on Thursday and if approved will result in an increase of $2.46 a month for an average residential customer. The $26,296,719 base rate increase is part of ONG’s Performance Based Rate Change Plan submitted earlier this year. …
Evergy’s coal-plant decision sparked protest in Lawrence, Kansas
The decision by Kansas energy company Evergy to delay a move to close a coal-fired power plant at Lawrence, Kansas didn’t go over well with residents. More than 100 protested this week outside the City Hall and rallied for clean energy and urged Eveery to close the power plant. Every backtracked on its …
Well reports are back
Good news for those who have made inquiries about our absence of Permits to Drill and Well Completion reports. They are back and we hope the problem has been resolved to meet your reading enjoyment.
Rep. Lucas and others to get update on $50 billion CHIP investments
Commerce Secretary Gina M. Raimondo will go before House Science, Space and Technology Committee Chairman Frank Lucas and others to give an update on seminconductor incentives, manufacturing and research. “The Department of Commerce has a crucial task in not only allocating the $50 billion in funding from the CHIPS and Science Act, but ensuring …
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