Monday , April 29 2024

Appeals Court rules against earthquake lawsuit in Oklahoma

  Oklahoma’s Court of Civil Appeals recently ruled against two persons who filed suit following the 2017 earthquakes in northern Oklahoma and attempted to make it a class action case against several oil and gas companies. The case brought by Lisa Griggs and April Marler was against New Dominion LLC, …

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Texas earthquakes linked to increased drilling

  It’s no surprise that geologists and people who study earthquakes believe the increase in strong quakes of the Permian Basin in Texas and New Mexico are linked to increased drilling. Just as Oklahoma experienced the same growth of earthquakes over the past several years because of a gain of …

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Reports show continued well activity in Oklahoma

  Newly-filed reports show Citizen Energy III LLC recently completed a three-well project in Grady County with combined production of more than 1,000 barrels of oil a day. The three wells drilled on a single pad at 6 7N 5W, a site about 2 miles southwest of Blanchard, were completed Oct. …

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Permits to drill for January 4, 2023

Custer County CAMPBELL #6-6M, January 04 2023 06 14N 15W SENENENE API: 03922610 Lat: 35.72435015999906, Long: -98.82812779850654 CRAWLEY PETROLEUM CORPORATION HH, RC, 17483 ft, MERAMEC(13174) Ellis County GOLDFINGER 28/21 MD #2H, January 04 2023 33 18N 24W NWNWNENW API: 04523882 Lat: 35.99844118859675, Long: -99.76879961688354 MEWBOURNE OIL COMPANY MU, DR, 20634 ft, CHEROKEE(10000) …

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Completion reports for January 4, 2023

CADDO COUNTY Peachridge Energy Operating Llc Marchand(10036): Oil 449.87 Gas 664 Water 309 Flow 24 9N 11W Dove 24-5h, November 14, 2022 HH, OIL, TD: 18732 ft Lat: 35.24637, Long: -98.30737 API: 35015233280000 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10183): Oil 451 Gas 2406 Water 1554 Flow 26 11N 7W Little Sahara 1107 26-23-2mxh, October 29, 2022 HH, OIL, TD: 18089 …

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Oklahoma energy stocks rebounded Wednesday while crude oil dropped 5%

  Another tough day for crude oil prices as they dropped more than 5% or $4 a barrel in Wednesday’s trading largely because of the global economy and rising COVID-19 cases in China. Oklahoma energy prices on the other hand, rebounded from Tuesday’s tough day. One local stock soared 22%. …

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Oklahoma regulators to hold first meeting of 2023

  The Oklahoma Corporation Commission will meet for the first time in 2023 on Thursday and it will also be one of the last meetings for Commission chairwoman Dana Murphy. Murphy is term-limited after first being elected to the Commission in 2008 for a partial two-year term. She was re-elected …

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Widely read analyst says the EV industry is “a bad idea”

  Noted American geopolitical analyst and author Peter Zeihan came out this week with a commentary that blasted the EV industry. Calling it “EV’s Not-so-little Dirty Secret(s)”, Zeihan declared that electric vehicles “are on average a bad idea that will not be with us all that much longer.” In his …

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NGL Energy Partners boosts 2023 guidance

  NGL Energy Partners LP announced an increase to its Fiscal 2023 Adjusted EBITDA guidance. The Tulsa-based Partnership has increased its Adjusted EBITDA guidance for the current fiscal year from greater than $600 million to greater than $630 million. Of this amount, more than $430 million is expected to be …

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Turnpike Authority reapproves controversial contracts

  Oklahoma’s Turnpike Authority on Tuesday moved to correct an open meetings Act violation and reapproved nearly $42 million in contracts to the controversial turnpike plan that is opposed by Norman residents. The members voted in support of the contracts for the Access Oklahoma Project which is opposed in a …

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