Oil and Gas prices effective May 18, 2022

An oil pumper is pictured in a canola field are pictures near Hennessey.
An oil pumper is pictured in a canola field are pictures near Hennessey.

Natural Gas (Henry Hub) as of 4:03 p.m. EST Wednesday.           

Natural Gas —$8.28 per MMBtu

Today’s AAA Oklahoma average gas price at the pump.

Current - Regular: $4.030; Mid-grade: $4.319; Premium: $4.544; Diesel: $5.226

Yesterday – Regular: $4.011; Mid-grade: $4.317; Premium: $4.501; Diesel: $5.287

Year ago - Regular: $2.786; Mid-grade: $3.046; Premium: $3.277; Diesel: $2.945

Oklahoma crude oil prices effective Wednesday.    

Oklahoma Sweet

Sunoco Inc. —$106.

Oklahoma Sour                      

Sunoco Inc. —$94.

Oklahoma oil and gas drilling activity posted April 27

COMPLETION

Lincoln: Prairie Gas Co. of Oklahoma LLC; Janzen No. 1-32 HP Well; SW1/4 SW1/4 SW1/4 SW1/4 (SL) of 32-14N-05E; 343,000 cu-ft, 20.88 barrels oil per day; TD 7,346.

INTENT TO DRILL

Garvin: Continental Resources Inc.; Balvenie No. 1-6-31-30XHW Well; N1/2 N1/2 NW1/4 NW1/4 (BHL) of 30-01N-01E; TD 25,218.

Kingfisher: Chaparral Energy LLC; Wario 1605 No. 1LOH-20 Well; NW1/4 NE1/4 NE1/4 NW1/4 (BHL) of 20-16N-05W; TD 12,500.

Logan: OSO Resources LLC; Okhopfer No. 1-25HX36 Well; SE1/4 NE1/4 SW1/4 SW1/4 (SL) of 25-18N-03W; TD 10,800.

OSO Resources LLC; Okhopfer No. 2-25HX36 Well; SE1/4 NE1/4 SW1/4 SW1/4 (SL) of 25-18N-03W; TD 10,900.

Logan: OSO Resources LLC; Phillips No. 1-23H36 Well; NW1/4 SW1/4 NW1/4 SE1/4 (SL) of 25-18N-03W; TD 11,900.

Noble: Koda Operating LLC; M H Williams No. 1-10 Well; C NE1/4 NW1/4 of 10-24N-01W; TD 4,591.

Seminole: MXP Operating LLC; Lois No. 2 Well; NW1/4 SE1/4 NW1/4 NE1/4 of 01-08N-06E; TD 4,300.

Stephens: Banner Oil & Gas LLC; Hefner No. 74I Well; C SE1/4 SE1/4 NE1/4 of 15-03S-05W; TD 1,250.

SOURCE Enverus

This article originally appeared on Oklahoman: Oklahoma oil prices and drilling report for May 18, 2022

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