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Permits to drill for August 4, 2023
Beaver County NOE #3-20, August 04 2023 20 1N 22EC SWNESWSE API: 00721840 PRENTICE NAPIER AND GREEN INC SH, RC, 8410 ft, MARMATON(6650) Mcclain County SACRED SUN #0703 29-32-5-2WXH, April 05 2023 29 7N 3W SENENESW API: 08722426 Lat: 35.050304082558505, Long: -97.53899830571042 NATIVE EXPLORATION OPERATING LLC MU, AM, 21020 ft, WOODFORD(9650) Texas County PARKES (RNG 221) UT …
Completion reports for August 4, 2023
KINGFISHER COUNTY Bce-mach Iii Llc Oswego(6165): Oil 287 Gas 445 Water 657 Esp 5 17N 5W Lincoln North Unit 92-2ho, June 07, 2023 HH, OIL, TD: 11553 ft Lat: 35.97098, Long: -97.74898 API: 35073269970000 PONTOTOC COUNTY Positive Energy Llc 23 5N 4E Boatwright 2, November 08, 2022 null, DISP, TD: 2695 ft Lat: 34.89661, Long: -96.84432 API: 35123221950000
Slight gain for crude oil prices on Thursday
After Saudi Arabia and Russia pledged to cut their output through September, crude oil prices made slight gains in trading on Thursday. West Texas Intermediate, the U.S. benchmark, rose 31 cents to close at $81.86 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude finished up 34 cents at $85.48 a barrel …
What will quarterly financial results show for EV maker Canoo?
Investors in the struggling EV manufacturer Canoo will be anxious to learn the second quarter earnings report when it is released on Monday, August 14. The company, with operations in Oklahoma City and Pryor as well as incentive deals with the Oklahoma Department of Commerce, will report its financial results after the market closes …
ConocoPhillips joined the crowd of firms with lower profits and earnings
Like several other majors, ConocoPhillips reported Thursday its second-quarter 2023 earnings and adjusted earnings were lower than the previous year. Second quarter adjusted earnings were 2.2 billion or $1.84 per share compared with the second-quarter 2022 earnings of $5.1 billion and $3.96 per share and second-quarter 2022 adjusted earnings of $5.1 billion or $3.91 …
Oklahoma gas prices keep inching upward
Gasoline prices in Oklahoma rose at least 17 cents in the past week to reach an average this week of $3.56, reported AAA Oklahoma. The average rose 3 cents in the past day. A week ago, Oklahoma motorists paid an average $3.39 a gallon for regular gasoline. A month ago, the average was $3.19. …
Hydrogen has its oponents too
Not everyone is a big supporter of the hydrogen projects that are sweeping the nation. In Oklahoma, the state has partnered with Arkansas and Louisiana in hopes of landing major federal money to develop a hydrogen hub. Colorado is doing the same with New Mexico and a handful of other states. One Colorado environmentalist …
Williams reaches supply contract with Chattanooga Gas
A day after reporting increased earnings in the second quarter, Tulsa’s Williams announced a major contract to supply gas over a 3-year period to Chattanooga Gas, a subsidiary of Southern Company Gas. The deal calls for Williams to provide certified, low-emissions NextGen Gas, which according to the announcement, will allow Chattanooga Gas to achieve …
Chesapeake Energy to expand drilling for natural gas
Considered one of the largest natural gas producers in the country, Chesapeake Energy intends to expand its exploration in two regions of the country— the Appalachian and Haynesville basins. Leaders say even though the Oklahoma City company’s earnings were down from the $1.24 billion reported a year ago, they intend to push ahead with …
Profits plunged in 2Q for Occidental Petroleum
An 83% drop in profits? It’s been suffered by Occidental Petroleum Corp. The company reported this week the effects of lower oil and gas prices left the firm reeling reported Reuters. Click here for Reuters