PEMA Professional Energy Marketers Association
Ellis County LAURA 26/23 MD #1H, July 07 2022 35 18N 24W NENENWNW API: 04523870 Lat: 35.99829294812352, Long: -99.73472853881681 MEWBOURNE OIL COMPANY HH, DR, 20519 ft, CHEROKEE(9950) Ellis County SARAH 35/2 DM #1H, July 07 2022 35 18N 24W NENENWNW API: 04523869 Lat: 35.99829294416072, Long: -99.7345933207313 MEWBOURNE OIL COMPANY MU, DR, 20051 …
Read More »Back above $100 for crude oil
Crude oil prices managed a turnaround in Thursday’s trading as U.S. prices finished back above $100 a barrel while Oklahoma energy stocks made big gains. West Texas Intermediate crude for August delivery rebounded by $4.20 a barrel to close at $102.73 on the New York Mercantile Exchange. Global benchmark …
Read More »OKC Water Trust keeps high bond rating
The Oklahoma City Water Utilities Trust recently received a reaffirmation of its bond rating issued by S&P Global Ratings and Moody’s Investor Services. Standard & Poor’s and Moody’s reaffirmed the AAA and Aaa ratings which put the Water Trust among the top 7% and 5%, respectively, for municipal water …
Read More »COVID cases nag Corporation Commission
COVID-19 is still causing problems for Oklahoma regulators. At least 13 employees of the Oklahoma Corporation Commission tested positive in June and already this month, two more fell into the same classification. “I don’t think our friend COVID is going away any time soon,” said Brandy Wreath, Director of …
Read More »Opposition grows in Iowa to carbon capture pipelines
The three carbon dioxide capture pipelines proposed across Iowa have resulted in a growing coalition of farmers and others fighting the projects. The opponents also include environmentalists and Indigenous groups reported The Guardian. Click here for The Guardian
Read More »Permits to drill for July 6, 2022
Beaver County BARBY C-12 #3, July 06 2022 12 4N 26EC CN2SWSE API: 00722766 LATIGO OIL AND GAS INC SH, RC, 6000 ft, KANSAS CITY(5500), MARMATON(5810) Coal County MILLER #2-17, July 06 2022 17 1N 8E S2NWNWSE API: 02921230 Lat: 34.55485771222213, Long: -96.48460662018698 GULF EXPLORATION LLC SH, RC, 5971 ft, VIOLA(4834) Dewey …
Read More »Completion reports for July 6, 2022
completions: none were processed today
Read More »Crude oil prices take another plunge
Crude oil prices took another dip in Wednesday’s trading as both WTI and Brent crude dropped about 2% to a 12-week low—another sign of investors growing more worried about energy demand and an expected global recession. It was the second straight day of price declines as West Texas Intermediate …
Read More »Ovintiv sells holdings in Bakken and Uinta Basins
Ovintiv Inc. announced Wednesday the $250 million sale of some of its assets in the Uinta and Bakken Basins and said it intends to use proceeds to increase cash returns to investors. The Denver-based company, with a heavy commitment in Oklahoma, said the sale involved two counter parties but …
Read More »Oklahomans change driving habits over high gasoline costs
Record high gasoline prices in Oklahoma have caused an estimated 63% of drivers to adjust their driving habits according to AAA. It reflects an increase in the number reported in November 2021. A new AAA poll indicates that Oklahoma drivers are adjusting their daily driving habits, their travel plans …
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