PEMA Professional Energy Marketers Association
Dallas could become the site of a major new solar-industry manufacturing plant. Hanwha Q Cells is considering Dallas County as the site for a massive new facility reported Bloomberg. Dallas is one of the sites in addition to others in Georgia and South Carolina. Click here for Bloomberg
Read More »Completion reports for August 15, 2022
completions: none were processed today
Read More »Permits to drill for August 15, 2022
Blaine County HECKENBERG #4-18-19-30XHM, August 15 2022 18 13N 13W SENENWNW API: 01124332 Lat: 35.60822113330554, Long: -98.62796306325431 CONTINENTAL RESOURCES INC MU, DR, 29919 ft, MISSISSIPPIAN(14783), WOODFORD(15582) Coal County DONNA #1-20, August 15 2022 20 2N 10E SESENWSW API: 02921430 Lat: 34.62608849379203, Long: -96.28097907229836 COMMAND ENERGY OPERATING LLC SH, DR, 7450 ft, CROMWELL(7100) …
Read More »Oil drops below $90 in U.S. while OK energy stocks lost ground
U.S. crude oil prices on Monday dropped below $90 for the first time in more than a week. What was behind the drop? Reuters attributed the decline to news that China’s July refinery output was the lowest since March 2020 as well as a stronger U.S. dollar and low …
Read More »Increased volumes expected on Keystone pipeline
According to the operator of the Keystone Pipeline that carries oil from Canada to the Cushing hub in Oklahoma, there will be more volumes of crude flowing through the line in the coming months. It already was on the increase in the second quarter as TC Energy said volumes …
Read More »Gas prices keep falling—Oklahoma third lowest average nationally
Oklahoma had the nation’s third lowest average for gasoline prices on Monday while the national average fell a dime in the past week to $3.95. Triple A reported the national slip was due primarily to stable oil prices and fewer drivers than usual fueling up. The national average for …
Read More »Strong winds, falling tree and power lines caused massive New Mexico fire
Power lines are believed to have caused the massive April fire that killed two persons and destroyed more than 200 homes in the Ruidoso, New Mexico area. The Albuquerque Journal reports it is the finding of a state investigator who said strong, gusty winds topped a drought-stressed tree causing …
Read More »Act critics say it won’t help reduce inflation and won’t help country’s long-term energy needs
While Democrats and the White House are celebrating their passage of the Inflation Reduction Act, one opposed by every one of Oklahoma’s U.S. Representatives and Senators, the impact on the state’s oil and gas industry and across the U.S. is coming. All it takes is for President Biden to …
Read More »Oil and gas exploration leads to new wells in Oklahoma
From Kingfisher to Garvin to Carter County in Oklahoma, several large producers have been reported by energy companies. Continental Resources Inc. completed a Carter County well with production of 1,099 barrels of oil a day and 160 Mcf of natural gas. Drilled at 6 2S 3W, four miles southwest of Ratliff …
Read More »Brigham Minerals might merge after sale of Oklahoma assets
After Brigham Minerals acquired holdings in Oklahoma in February, then disposing of it in recent weeks, the Austin-based company is reported to be exploring options that include a sale or even a merger. But Brigham CEO Rob Roosa isn’t discussing it, telling those attending an earnings call he wouldn’t …
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