Friday , May 17 2024

OK Energy News

Crude prices rose over diesel fuel inventory report

  It wasn’t worries over new COVID-19 outbreaks in China or growing concern of investors about the recession, but a report of low levels of diesel inventory ahead of winter that triggered buying on Thursday, prompting a 2% gain for crude oil prices. The gains came after 3 consecutive days …

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BlackRock CEO defends his firm’s anti-oil and gas investment stance

Just as Oklahoma prepares on Nov. 1 to join the list of states banning investments with ESG promoting companies like BlackRock Inc., the company’s leader defends the firm’s actions against some oil and gas funding. BlackRock Chief Executive Officer Larry Fink, speaking at the Institute of International Finance annual membership …

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Cushing hub sees continued growth in crude oil in storage

  U.S. commercial crude oil inventories decreased by 1.4 million barrels from the previous week while the amount of crude oil in storage at the Cushing hub in Oklahoma grew by 300,000 barrels. The U.S. Energy Information Administration reported that as of September 30, the most recent week for available …

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Energy headlines

** While President Biden on Wednesday afternoon formally announced the designation of Camp Hale, Colo., as a national monument, Colorado members of Congress have also called on Biden to issue a Federal Lands Policy and Management Act mineral withdrawal for the site, which would bar new mining and oil and gas leasing …

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Permits to drill for October 12, 2022

Kingfisher County LINCOLN SOUTHEAST OSWEGO UNIT #93-8HO, August 23 2022 30 17N 5W SWSWSESE API: 07326912 Lat: 35.913090110985095, Long: -97.76872889495537 HINKLE OIL & GAS INC HH, AM, 11915 ft, OSWEGO(6216) Kingfisher County LINCOLN NORTH UNIT #54-3HO, August 11 2022 31 18N 5W SWSWSESE API: 07326902 Lat: 35.98606564862895, Long: -97.76852744639636 HINKLE OIL & …

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Completion reports on October 12, 2022

CANADIAN COUNTY Travis Peak Resources Llc Mississippi(9166): Oil 155 Gas 241 Water 1769 Flow 5 11N 6W George Folk 5-8-11n-6w 2mhx, February 14, 2022 HH, OIL, TD: 16794 ft Lat: 35.46334, Long: -97.85689 API: 35017257090000 Travis Peak Resources Llc Mississippi(9166): Oil 155 Gas 241 Water 1769 Flow 5 11N 6W George Folk 5-8-11n-6w 2mhx, February 14, 2022 HH, OIL, TD: 16794 …

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Crude oil prices and OK energy stocks fell for 3rd day

  For a third straight day in the trading week, oil futures dropped as worries about rising interest rates and a recession continued fueling the concern of investors. Oklahoma energy stocks had the same kind of day. West Texas Intermediate crude for November delivery suffered a drop of $2.08 per …

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Proposed new crude oil refinery considered at Cushing

      Already the home of the well-known Cushing Hub, the city of Cushing is in the running for a proposed $5.5 billion crude oil refinery planned by Prairie Energy Partners, a wholly owned Texas company of Southern Rock Energy Partners. The other possible site for the project, one …

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Fight over proposed turnpike goes to Supreme Court

  The Oklahoma Supreme Court is where an open meeting violation claim has gone involving the Oklahoma Turnpike Authority. Fox 25 News reported the case is part of the fight by some Norman residents against the Authority’s plans for a new turnpike that would go through Cleveland County. It boils …

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Land Commissioner race results in fight over leases to oil and gas industry

  New Mexico’s political race for commissioner of public lands has turned into a debate over how much state land should be used for more oil and gas development—drilling that has sent huge sums of revenue into the state treasury. The amount of land leases for oil and gas drilling …

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