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Completion reports for May 19, 2023
CANADIAN COUNTY Paloma Operating Co Inc All Zones Producing: Oil 13.02 Gas 493 Water 1209 Flow 12 12N 9W Jennifer Lauren 13_24-12n-9w 3mhx, March 14, 2023 HH, GAS, TD: 22226 ft Lat: 35.52299, Long: -98.09707 API: 35017258490000 CREEK COUNTY Barden/bass Oil & Gas Exploration Company Inc Viola(3814): Oil 2.5 Water 200 Pump 36 15N 8E Buffalo Ridge 36-2, December 22, 2020 SH, OIL, TD: 3866 …
Permits to drill for May 19, 2023
Canadian County RHINO 8_5-14N-9W #3HX, May 19 2023 17 14N 9W SWNWNWNE API: 01725960 Lat: 35.69517506834431, Long: -98.1795324973754 DEVON ENERGY PRODUCTION CO LP MU, DR, 22086 ft, WOODFORD(11230) Canadian County RHINO 8_5-14N-9W #4HX, May 19 2023 17 14N 9W SENWNWNE API: 01725961 Lat: 35.695175074864686, Long: -98.17943146898595 DEVON ENERGY PRODUCTION CO LP MU, DR, 21655 ft, MISSISSIPPIAN (LESS …
Crude oil dropped on Friday leaving OK energy stocks mixed
Fears that U.S. politicians will fail to agree on a new debt ceiling and perhaps trigger a default led to a drop in crude oil prices on Friday. US benchmark, West Texas Intermediate crude for July dropped 25 cents or 0.3% to close at $71.69 a barrel on the New York Mercantile Exchange. Brent …
Gov. Stitt works on getting federal approval for giant solar plant in Oklahoma
Oklahoma Gov. Kevin Stitt has been in talks with Biden administration officials in recent days about speeding the permitting of a new Enel North America solar plant near Pryor, a project that the governor says will be the largest economic development investment in state history. Under the project, the state has approved $180 million …
Energy briefs
** Exxon Mobil Corp. said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is “highly unlikely” due to the drop in living standards that would come with such a scenario. The Texas oil giant made the comments in a regulatory filing that argued against proxy adviser Glass Lewis’ view that …
Nation’s oil and gas rig count continues to fall
The nation’s count of oil and gas rigs took another major drop in the past week, falling 11 to a new U.S. level of 720 rigs reported Baker Hughes Co. The nation’s rig count has fallen 35 since May 6. Baker Hughes reported a decline of 17 rigs last week and 7 on May …
Annual meeting held by OGE Energy Corp and shareholders
OGE Energy Corp. held its annual meeting on May 18 electing its board of directors and acting on other measures. In voting announced at the meeting, OGE Energy shareholders: Elected 10 members of the company’s board of directors to one-year terms. They are: Judy R. McReynolds, lead director, chairman, president and chief executive officer of ArcBest Corporation. …
More government land in New Mexico available for oil and gas operators
The Bureau of Land Management is putting up more government land available to be leased for oil and gas exploration in the southeast part of New Mexico—prime land that is part of the Permian Basin. The agency is seeking public comment on its November lease sale that includes 434 acres in Eddy and Lea …
Historic Keystone pipeline spill exposed years of lax oversight
A new report suggests the Keystone oil pipeline that ruptured last December in northern Kansas and spewed 12,000 barrels of heavy crude into a creek, had actually be years in the making. Bloomberg reported that U.S. regulators warned more than a decade ago that the type of weld on the pipeline would trigger the …
Icahn admits he didn’t take his own advice–blames billions in losses on Biden’s infusion of trillions into ecconomy
Billionaire Carl Icahn, the man who owns much of Oklahoma City-based SandRidge Energy, the CVR Refinery in southern Oklahoma and other companies across the U.S. now admits he was wrong to have bet against the nation’s economy and it cost him $9 billion over the past six years. “I’ve always told people there is …