Thursday , May 2 2024

OK Energy News

GMC Hummer EVs going for record prices

  So you think you would like to own one of the Hummer EVs? If so, then get prepared to shell out some serious money—perhaps $200,000 or more. And prepare to stand in the bidding line where last week, a GMC Hummer electric vehicle sold for $225,000, ore than twice …

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Permits to drill for October 25, 2022

Custer County HOLDER-PYEATT #1-2-11MHX, October 25 2022 02 14N 16W SWNWNENE API: 03922614 Lat: 35.724514548176806, Long: -98.86671939374456 CRAWLEY PETROLEUM CORPORATION HH, DR, 23386 ft, MISSISSIPPIAN(13400) Garvin County ANTERO FED #0303 7-6-5MXH, October 25 2022 07 3N 3W SWSESWSE API: 04925390 Lat: 34.739666101391464, Long: -97.55181850910759 CPRP SERVICES LLC MU, DR, 21830 ft, SYCAMORE(11000) …

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West Texas natural gas prices hit negative on Tuesday

  For the first time in two years, natural gas prices at the Waha hub of west Texas fell below zero in Tuesday’s trading. The increase in oil production the Permian Basin is behind what’s happened to the excess natural gas that comes with the crude oil. It’s a growing …

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Union Pacific to build hybrid-electric locomotives in Arkansas

  Union Pacific Railroad announced it is partnering with ZTR to build hybrid-electric locomotives for yard operations at its North Little Rock plant in Arkansas. The first prototype is expected to be delivered in 2023 and five more units are planned for arrival in 2024 reported Railway-News. Click here for …

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Federal Reserve Banks to hold energy conference

    The Federal Reserve Banks of Dallas and Kansas City will host their seventh joint energy conference on November 10 in Houston. The conference will focus on geopolitics as well the outlook for global energy markets and the U.S. energy sector. Participants will include business leaders, central bankers, government …

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BP to expand renewable energy efforts in $4 billion move

  BP announced it is acquiring a Houston-based firm in a $4.1 billion deal to use natural gas emissions from landfills and farms. The renewable energy purchase is of Archaea Energy, a firm formed a few years ago. Click here for Fox 26 News in Houston

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Permits to drill for October 24, 2022

Canadian County BAKER 1107 #2SMH-4, September 02 2022 33 12N 7W SESESWSE API: 01725845 Lat: 35.46495757225433, Long: -97.94239974104475 CANVAS ENERGY LLC HH, AM, 16000 ft, MISSISSIPPI LIME(10116) Kingfisher County PSN&R 1508 #3H-18X, October 24 2022 19 15N 8W NENWSWSE API: 07326942 Lat: 35.75799066404973, Long: -98.0911543181911 OVINTIV USA INC MU, DR, 20163 ft, …

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Completion reports for October 24, 2022

BLAINE COUNTY Kingfisher Disposal Services Llc 34 16N 11W Pierce 1-34, April 30, 2022 HH, COMM, TD: 15815 ft Lat: 35.81285, Long: -98.35066 API: 35011234160001 CARTER COUNTY Citation Oil & Gas Corporation 22 2S 2W Southeast Tatums Unit 1-16, September 03, 2022 null, OIL, TD: 1200 ft Lat: 34.37022, Long: -97.39965 API: 35019043530003 KINGFISHER …

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Crude oil trading proved feeble on Monday along with OK energy stocks

  Monday’s trading saw crude oil prices slipping less than 50 cents a barrel as China’s demand for crude in September was weak and puny U.S. business activity limited the fall in prices. Oklahoma energy stocks were also hazy as some stocks saw a 7% gain while others dropped 4-5%. …

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