Friday , May 17 2024

OK Energy News

New wells reported in northern and eastern Oklahoma

  Some of the most recent oil and gas well completions in Oklahoma were n Ellis and Okfuskee Counties. A completion report filed this week by Duncan Oil Properties Inc. of Oklahoma City was on an Ellis County well that produced 425 barrels of oil a day and 1,238 Mcf …

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ONEOK to release 1Q earnings report in May

  ONEOK Inc. plans to release its first quarter 2023 earnings on May 2. Investors will learn if the company will improve on its 28% increase in net income in the fourth quarter of 2022 when it reached $484.9n million or $1.08 per diluted share. The company announced the release …

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Vital Energy finalizes Midland Basin acquisition

  Vital Energy Inc. of Tulsa wrapped up its $215 million acquisition this week of assets in the southern Midland basin of Texas. The company, formerly known as Laredo Petroleum Inc. finalized its purchase of 16,500 gross acres from Driftwood Energy Operating LLC. Under the deal, Driftwood received nearly 1.58 …

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Permits to drill for April 3, 2023

Canadian County BOO BEAR 31_30_19-13N-6W #2MHXL, April 03 2023 31 13N 6W SWSENWSW API: 01725943 Lat: 35.55527099267827, Long: -97.8846535944659 PALOMA OPERATING CO INC MU, DR, 24000 ft, MISSISSIPPIAN(8500) Canadian County LION 16_9_4-14N-9W #6HXX, April 03 2023 16 14N 9W NWSWSWNE API: 01725942 Lat: 35.690705964357655, Long: -98.16218712713405 DEVON ENERGY PRODUCTION CO LP MU, …

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Completion reports for April 3, 2023

ELLIS COUNTY Duncan Oil Properties Inc Cleveland(8838): Oil 429 Gas 1238 Water 554 Gas Lift 20 19N 25W Dld Farms 2-20hx, January 17, 2023 HH, OIL, TD: 16540 ft Lat: 36.10665, Long: -99.88378 API: 35045238740000 HARPER COUNTY Marjo Operating Mid-continent Llc Lansing-kansas City: 13 27N 22W Brawner 3-13, January 25, 2023 null, INJ, TD: 5535 ft Lat: …

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Leadership changes announced at Gulfport Energy

  Changes of corporate officers were announced Monday at Oklahoma City’s Gulfport Energy Corporation. Michael Hodges was named Executive Vice President and Chief Financial Officer while William “”Bill” Buese will transition from the CFO role. Buese will serve as an advisor to the Company until May 3, 2023. John Reinhart, …

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Commissioner Anthony makes blistering attack over failure to investigate natural gas costs

  Oklahoma Corporation Commissioner Bob Anthony repeated his call for independent experts to review the 2021 Winter Storm Uri fuel costs claimed by PSO and ONG, and at the same time told his fellow Commissioners they were wrong in claiming the agency lacked such investigative powers. In a Monday filing …

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High fire dangers still exist this week in Oklahoma

  Just because the winds aren’t expected this week to be close to the 75 mile an hour wind gusts that fanned dust storms and wildfires last week in Oklahoma, doesn’t mean there will be any less concern for wildfires. After 36 homes were destroyed by fires on Friday north …

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Colorado oil and gas exploration remains behind pre-COVID-19 pandemic activity

  Over the past two years, the oil and gas drilling activity in Colorado rebounded but remains below the amount of exploration that was performed before the COVID-19 pandemic. At last count, there were 19 active drilling rigs in the state according to Baker Hughes. Colorado has faced challenges in …

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Sen. Mullin accuses Bernie Sanders of hypocrisy—to his face

  Okay. This latest Sen. Markwayne Mullin story has nothing to do with energy. But it’s worth reading as the Republican Oklahoma Senator launched into an attack recently against colleague, Sen. Bernie Sanders, suggesting Sanders is hypocritical for his criticism of a millionaire CEO. Mullin unloaded on Sanders during a …

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