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IOGsi WEEKLY HIGHLIGHTS: September 22, 2022
- A total of 42 new oil and gas DRILLING PERMITS were issued in Kansas this past week by the KANSAS CORPORATION COMMISSION (KCC). This brings the year-to-date total of new locations issued to 1,172 and is 440 more new permits as compared with the same period a year ago (+60.1%). A total of 591 permits have been granted this year to operators working in the Eastern Ranges of the State (50.4%) and 581 permits in the Western Ranges (+49.6%).
- COFFEYVILLE RESOURCES (CVR) reported Kansas Common Crude price rose by $5.00 / bbl from a week ago to $78.75 / bbl as of September 14, 2022 (+6.8%). Oklahoma Sweet Crude also was up by $5.00 / bbl to $85.00 / bbl (-6.3%). Other crude postings in Kansas include Central Kansas Crude at $80.25 / bbl and Eastern Kansas Crude at $77.75 / bbl. (see “WEEKLY NEWS” for additional Weekly News Highlights and announcements)