PEMA Professional Energy Marketers Association
Canadian County KUNNEMAN 1407 #2H-29X, February 08 2023 32 14N 7W NWSWSESE API: 01725918 Lat: 35.639503433855296, Long: -97.9636264987163 OVINTIV USA INC MU, DR, 20073 ft, MISSISSIPPIAN(9127) Canadian County KUNNEMAN 1407 #4H-29X, February 08 2023 32 14N 7W NWSWSESE API: 01725919 Lat: 35.639503438740384, Long: -97.96349188768642 OVINTIV USA INC MU, DR, 19650 ft, MISSISSIPPIAN(9020) …
Read More »Completion reports for February 8, 2023
BLAINE COUNTY Continental Resources Inc All Zones Producing: Oil 22 Gas 10618 Water 1282 Flow 6 14N 13W B Perkins 3-6-7-18xhm, September 13, 2022 HH, GAS, TD: 28147 ft Lat: 35.72442, Long: -98.61916 API: 35011243040000 Marathon Oil Company Mississippi(11845): Oil 984 Gas 10488 Water 2328 Flow 30 15N 11W Alta Bia 1511 5-31-30mxh, November 21, 2022 HH, GAS, TD: 22341 ft …
Read More »Crude oil up—OK energy stocks down
Crude oil prices saw a third consecutive day of gains in Wednesday’s trading largely because of the Federal Reserve chairman’s remarks that eased worries about interest rate hikes. It didn’t seem to help Oklahoma energy stocks as they experienced mostly moderate losses. West Texas Intermediate crude rose $1.33 or 1.7% …
Read More »Treasurer reports record high tax revenue for past year in Oklahoma
Tax revenue in Oklahoma resulted in a record high in the past year according to an announcement by State Treasurer Todd Russ. It also included increased revenue from oil and natural gas taxes. The 12-month gross receipts through January totaled $17.48 billion, an increase of nearly $2 billion or …
Read More »Biden speech gained no traction with Oklahoma’s congressional delegation
While Oklahoma Congressman Tom Cole was critical of the President’s State of the Union address for failing to mention energy production, others in the Oklahoma congressional delegation were also critical of the speech. Republican U.S. Sen. Markwayne Mullin said the speech was filled with “empty words, false promises and …
Read More »OKC investment firm reaches $1 billion mark in 5 years
Infinity Capital Partners of Oklahoma City has surpassed $1 billion in completed transactions since its founding in 2016, highlighting the rapid increase in capital investments for local businesses in recent years. More than $800 million of the capital involved in Infinity’s closed transactions was sourced from out-of-state and invested in …
Read More »Permits to drill for February 7, 2023
Canadian County BAKER 1107 #3SMH-4, September 02 2022 33 12N 7W SESESWSE API: 01725846 Lat: 35.46495757448723, Long: -97.94234937120372 CANVAS ENERGY LLC HH, AM, 15000 ft, MISSISSIPPI LIME(10076), WOODFORD(10430) Garvin County BOOMER #1-22, February 07 2023 22 4N 3W SESWNESE API: 04924936 Lat: 34.80167739522414, Long: -97.49544955045735 CHARTER OAK PRODUCTION CO LLC SH, RC, …
Read More »Completion reports for February 7, 2023
BLAINE COUNTY Devon Energy Production Co Lp All Zones Producing: Oil 822 Gas 7226 Water 1815 Flow 20 15N 10W Cheetah 29_32-15n-10w 4hx, November 17, 2022 HH, OIL, TD: 21730 ft Lat: 35.75494, Long: -98.28621 API: 35011243010000 Marathon Oil Company Mississippi(11787): Oil 1248 Gas 13344 Water 2520 Flow 19 15N 11W Alta Bia 1511 3-31-30mxh, November 17, 2022 HH, OIL, TD: …
Read More »Big day for OK energy stocks as crude oil prices rose 4% in US
Oklahoma energy stocks responded Tuesday with a strong day in trading as crude oil prices rose more than 3%. It came after Federal Reserve chairman Jerome Powell eased market worries over interest rate hikes. West Texas Intermediate crude went up 4.1% or $3.03 per barrel to finish at $77.14 …
Read More »EIA forecasts Henry Hub natural gas prices to be 47% lower this year
If the federal government forecast is accurate, natural gas prices at the Henry Hub in Louisiana will drop nearly half of what they were in 2022. All because of a warm winter. The forecast from the U.S. Energy Information Administration predicts natural gas prices at the Hub will average …
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