PEMA Professional Energy Marketers Association
“It’s clear that the Biden administration and radical left want to impoverish Americans.” The declaration of criticism of President Biden’s agenda against the fossil fuel industry came recently from Florida U.S. Representative Anna Paulina, a freshman member of the House. She jumped right into the discussion during a hearing …
Read More »Permits to drill for February 21, 2023
Carter County HHU #733, January 24 2023 27 4S 2W SENENWNW API: 01926538 Lat: 34.18553085851942, Long: -97.40111193604486 KODIAK OIL & GAS INC DH, AM, 2800 ft, HOXBAR(1500) Carter County HHU #735, February 01 2023 27 4S 2W SWNENWNW API: 01926539 Lat: 34.18620134716077, Long: -97.4021931265579 KODIAK OIL & GAS INC SH, AM, 2800 …
Read More »Completion reports for February 21, 2023
CARTER COUNTY Kodiak Oil & Gas Inc 35 3S 2W Awu 47, January 03, 2023 SH, DRY, TD: 1085 ft Lat: 34.25401, Long: -97.38348 API: 35019265320000 COAL COUNTY Glb Exploration Inc Cromwell(4874): Water 26 Swabbin G 4 1S 10E Tom Mayer 1-4, October 13, 2022 SH, DRY, TD: 5172 ft Lat: 34.49656, Long: -96.26131 API: 35029213150002 …
Read More »Time again for “Mitchell Talks Energy”
The weekly podcast “Mitchell Talks Energy” is back with part two. Political analyst and host Scott Mitchell and OK Energy Today’s Jerry Bohnen focus again on energy bills in the legislature, what might happen to them and other topics regarding energy. The latest podcast is available on Facebook and …
Read More »Kansas is on a roll—adds another big manufacturing plant
First there was the loss of a Tesla plant in Oklahoma, then Panasonic picked Kansas over Oklahoma. It’s clear Kansas is on a roll as the state just picked up another major investment–a nearly $2 billion semiconductor manufacturing plant that will create 1,200 jobs Kansas Gov. Laura Kelly announced this …
Read More »Legislators to consider utility bills
Four more energy-related bills, including two focused on reforming the Oklahoma Corporation Commission, will be considered this week by the Oklahoma House Utilities Committee. Members will meet Thursday morning at 10:30. The two Corporation Commission reform bills contain no specifics. HB1977, the Corporation Commission Reform Act, was filed by Cherokee …
Read More »LSB Industries gets serious about carbon capture efforts
Oklahoma City’s LSB Industries, Inc. took another step forward in its carbon dioxide capture efforts. The chemical manufacturer announced that with Lapis Energy LP, it is filing a permit application with the EPA to construct a Class VI well as part of their joint project to capture and permanently …
Read More »Brent crude managed strong 1% gain in Monday’s trading
The Presidents’ Day holiday put a dent in oil prices on Monday but they still managed a 1% gain for the day, due to increased optimism over Chinese demand and continued production curbs by major producers. Global benchmark Brent crude rose $1.07 or 1.3% to settle at $84.07 a …
Read More »Record earnings reported by Williams Cos.
Increased income for the quarter and all of 2022 was reported this week by Williams Cos. Adjusted net income was $2.228 billion or $1.82 per diluted share, an increase of 34% compared to 2021 announced the Tulsa company. Adjusted EBITDA was $6.418 billion, a gain of $783 million or …
Read More »Whew! Oklahoma motorists got a gasoline price break
Rising gasoline prices took a break in the past week in Oklahoma and were flat, going up only one cent to a new average of $3.08 per gallon according to AAA. Nationally, prices were unchanged with an average of $3.41 per gallon and only two cents more than …
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