PEMA Professional Energy Marketers Association
CADDO COUNTY Urban Oil & Gas Group Llc 27 12N 12W Brooks 1-27, April 29, 2022 SH, DRY, TD: 12200 ft Lat: 35.48334, Long: -98.45907 API: 35015225640001 CARTER COUNTY C E Harmon Oil Inc Springer Sand: Oil 40 Gas 33 Water 30 Pump 7 2S 3W Dotson B #4, March 03, 2022 SH, OIL, TD: 15453 ft …
Read More »Crude oil prices dropped again and so did OK energy stocks
Growing worries that the global economy will only worsen because of China’s renewed COVID-19 restrictions sent crude oil prices slumping even more on Wednesday. Oklahoma energy prices ended up with a weak day of trading. West Texas Intermediate crude for October delivery dropped $2.09 to $89.55 a barrel on …
Read More »West Texas pipeline expansion planned by Magellan Midstream
Magellan Midstream Partners, L.P. announced this week plans for a $125 million expansion of its refined petroleum productions pipeline system in southwest Texas. The Tulsa-based company plans to extend the system from the Houston area to El Paso, Texas. It currently is capable of transporting nearly 70,000 barrels of …
Read More »Texas creates rules to prepare utilities and energy firms for extreme weather
Texas regulators took the step this week to make sure their natural gas companies are ready for extreme weather—the kind of weather the state experienced in February 2021 when there were massive power outages and people died without heat. New rules adopted by the Texas Railroad Commission require oil …
Read More »And you thought we were finished with Keystone XL pipeline fight
We haven’t seen the last of the fight over the now-abandoned Keystone XL pipeline project, the one cancelled by President Biden in his first week in office. Now an Indigenous-backed energy company wants more than $38 million from Keystone operator TC Energy Corp. Bloomberg reports Natural Law Energy Inc., a …
Read More »Permits to drill for August 30, 2022
Canadian County NIEMANN 1306 #1H-6X, August 30 2022 08 13N 6W NWSWSESW API: 01725842 Lat: 35.610500978847355, Long: -97.86511469308678 OVINTIV USA INC MU, DR, 19771 ft, WOODFORD(8849) Coal County MARTIN #2A, August 30 2022 35 1N 9E SWNWNWNE API: 02921432 Lat: 34.518648569681105, Long: -96.32724930098556 WENTWORTH OPERATING COMPANY DH, DR, 4700 ft, UPPER ATOKA(1700), …
Read More »Completion reports for August 30, 2022
CUSTER COUNTY Mewbourne Oil Company Red Fork(11540): Oil 369 Gas 1816 Water 1083 Flow 1 13N 17W Barrick 36 Pa 1h, June 18, 2022 HH, OIL, TD: 16545 ft Lat: 35.63787, Long: -98.95514 API: 35039226020000 KAY COUNTY Iron Hawk Energy Group Jv 27 27N 1E Mitchell 3-27v, October 12, 2021 SH, DRY, TD: 4334 ft Lat: 36.79310, …
Read More »Crude oil makes big drop while OK energy stocks suffered on Tuesday
A day after crude oil prices managed a robust increase, they plunged by nearly $6 a barrel in Tuesday’s trading on growing worries that central banks will hike rates to fight increasing inflation. Plus, there is the concern over unrest in Iraq. It all took effect on Oklahoma energy …
Read More »Report claims Texas is losing millions over its ban against some investment firms
A recent move by the state of Texas to no longer do state business with 10 financial firms that ban investments in fossil fuels is reportedly costing the state hundreds of millions of dollars this year. That’s what National Public Radio reported this week. Click here for NPR
Read More »Supreme Court ruling might be weapon against Texas nuclear waste storage site
Texas Attorney General Ken Paxton is using a recent U.S. Supreme Court EPA ruling to fight the federal government’s approval of a nuclear waste storage site in West Texas. Paxton says the court’s June 30 ruling, which limited how the nation’s main anti-air pollution law can be used to …
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