PEMA Professional Energy Marketers Association
Natural gas pipeline exports from West Texas to Mexico averaged 1.6 billion cubic feet per day (Bcf/d) during May 2022—the most pipeline exports from West Texas on record, according to the U.S. Energy Information Administration’s most recent monthly data. Compared with 2021, U.S. pipeline exports from West Texas increased by …
Read More »Mullin hosts panel on the importance of American energy independence
Congressman Markwayne Mullin (OK-02), member of the House Permanent Select Committee on Intelligence, moderated a panel Wednesday on the importance of American energy independence and its direct correlation to our national security. The discussion focused on how our nation’s adversaries use energy access as a threat, and how American …
Read More »OKC’s Blueknight Energy Partners goes private with new owner
Wednesday was an eventful day for Blueknight Energy Partners, L.P. in Oklahoma City. The company was officially and formally merged with Mississippi-based Ergon Asphalt & Emulsions Inc. and went from a publicly-traded company to a private firm totally owned by Ergon. Ergon announced the transaction was completed Wednesday after …
Read More »Permits to drill for August 17, 2022
Atoka County WESTERN #5-47B, June 07 2019 05 1N 15E NESWNESE API: 00520471 Lat: 34.58443403320678, Long: -95.745442610289 WESTERN OIL AND GAS DEVELOPMENT SH, AM, 5860 ft, JACKFORK(5140) Canadian County NOWLIN #1H-21, January 04 2022 16 10N 5W SESWSWSE API: 01725757 Lat: 35.33433036615109, Long: -97.7319103599893 CITIZEN ENERGY III LLC HH, AM, 14300 ft, …
Read More »Completion reports for August 17, 2022
CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9820): Oil 889 Gas 4350 Water 1209 Flow 34 12N 7W Hunt 1207 27-22-2mxh, April 29, 2022 HH, OIL, TD: 20199 ft Lat: 35.47793, Long: -97.92712 API: 35017257140001
Read More »Crude oil rose on Wednesday after oil drawdown in US
A steeper than expected drawdown in U.S. crude stocks led to a slight increase in crude oil prices on Wednesday. Some Oklahoma energy stocks responded with strong trading for the day. Crude went up 1.5% after Wednesday’s six-month low. Analysts suggested the drawdown outweighed worries about increased Russian …
Read More »Report contends U.S. including Oklahoma will get much, much hotter by 2053
Southern Oklahoma will suffer under event hotter weather in the coming decades with at least two counties in the southeast part of the state to endure more than 80 days of summer temperatures 100 degrees or greater. That’s according to a new report from First Street Foundation, a New …
Read More »Political news group critical of Oklahoma Gov. Stitt over opposition to IRA
Oklahoma Gov. Kevin Stitt has been accused of being one of a handful of Republican governors critical of the President’s Inflation Reduction Act while their states gain benefits from the measure signed into law on Tuesday. POLITICO suggested Stitt might be “hypocritical” about the IRA although the news organization …
Read More »Laredo Petroleum divests some holdings around Big Spring, Texas
Laredo Petroleum, Inc. announced the $110 million sale of some of its properties in the Permian Basin, where the Tulsa Company has carried out its operations. The company said it divested itself of certain non-operated properties in Howard County and the sale is subject to customary closing price adjustments. …
Read More »Completion reports for August 16, 2022
GRADY COUNTY Citizen Energy Iii Llc Mississippian(11101): Oil 375 Gas 519 Water 2762 Flow 12 8N 6W Brushy Lake 2h-13-24, February 20, 2022 HH, OIL, TD: 22110 ft Lat: 35.17542, Long: -97.78653 API: 35051248700000
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