PEMA Professional Energy Marketers Association
Only a few weeks ago, OK Energy Today reported how the December shutdown of the Suncor refinery in Colorado, the state’s only refinery, resulted in increased pump prices for drivers in the state. Now the U.S. Energy Information Administration reports the increase has been $1.39 a gallon since the …
Read More »Permits to drill for February 27, 2023
Carter County AWU #56, February 27 2023 35 3S 2W NESWSESW API: 01926546 Lat: 34.24712807846983, Long: -97.38179624163779 KODIAK OIL & GAS INC SH, DR, 1100 ft, PERMIAN(800) Carter County AWU #57, February 27 2023 35 3S 2W NWNWSESW API: 01926543 Lat: 34.24817502024716, Long: -97.38289803873377 KODIAK OIL & GAS INC SH, DR, 1100 …
Read More »Completion reports for February 27, 2023
COAL COUNTY Pablo Energy Ii Llc Woodford(6850): Oil 10 Gas 3082 Water 474 Flow 19 1N 10E Freeland 3h-18, October 30, 2022 HH, GAS, TD: 10600 ft Lat: 34.54809, Long: -96.29049 API: 35029214250000 ELLIS COUNTY Mewbourne Oil Company Cherokee(9610): Oil 490 Gas 1129 Water 1474 Flow 25 19N 25W Ally 36/1 Ap 1h, November 21, 2022 HH, OIL, TD: 20045 ft …
Read More »Interest rate hike worries affect crude oil and energy prices
While crude oil prices dropped 1% in Monday’s trading, largely because of growing worries about more interest rate hikes from the Federal Reserve, Oklahoma energy stocks split between losses and gains. If the Fed indeed raises interest rates again, it could slow economic growth and oil demand. West Texas …
Read More »Rep. Bice gets science and budget committee assignments
Oklahoma Congresswoman Stephanie Bice says she has been named to four House Committees in the start of the 118h Congress, including a committee with jurisdiction over the Army Corps of Engineers and the Department of Energy. Her Committee assignments include the House Committee on Appropriations, the House Committee on …
Read More »Thousands left without electrical power following night of tornadoes in Oklahoma
“Before I can even blink, I could hear the wind coming all of a sudden. All the back windows where the kids’ bedrooms are — I could hear them just crashing, bursting out.” It’s a common comment from survivors of tornadoes in Oklahoma. Those were muttered by Frances Tabler of …
Read More »Electricity production costs rose with fuel costs in 2021
If you thought your electricity rates have risen dramatically in the past few years, especially residents of Oklahoma hit hard by the 2021 winter storm-driven costs, the federal government agrees. The U.S. Energy Information Administration issued a report this week showing that with adjustment for inflation, costs for major …
Read More »Completion reports for February 24, 2023
CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10232): Oil 322 Gas 2216 Water 1867 Flow 26 11N 7W Little Sahara 1107 26-23-6mxh, November 14, 2022 HH, OIL, TD: 17794 ft Lat: 35.39330, Long: -97.90588 API: 35017258170000 Ovintiv Usa Inc Mississippian(8065): Oil 840 Gas 1140 Water 1554 Flow 27 14N 6W Stephen 1406 3h-27x, September 19, 2022 HH, OIL, TD: 16069 ft Lat: …
Read More »Permits to drill for February 24, 2023
Blaine County SPANGLER BIA 1513 #2-28-21-16MXH, February 24 2023 28 15N 13W NESWSESW API: 01124353 Lat: 35.74124733711344, Long: -98.59103801367301 MARATHON OIL COMPANY MU, DR, 25526 ft, MISSISSIPPIAN(11366), WOODFORD(13295), HUNTON(13437) Blaine County SPANGLER BIA 1513 #3-28-21-16MXH, February 24 2023 28 15N 13W NESWSESW API: 01124354 Lat: 35.74131601422669, Long: -98.59103800873916 MARATHON OIL COMPANY MU, …
Read More »Improved quarterly finances for Mammoth Energy
Mammoth Energy Services saw an 80% jump in its fourth quarter revenue, shooting up to $102.9 million from $57.2 million recorded a year earlier. It also managed a turnaround from a loss of net income in 2021. For the year, the Oklahoma City-based company saw total revenue of $362.1 …
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