July 29, 2016 archive

Completion Reports August 1, 2016

PITTSBURG COUNTY Brg Petroleum Llc Savanna(1250): Gas 40 Flow 36 9N 17E Janeway A 1, May 14, 2016 SH, GAS, TD: 6116 ft Lat: 35.20623, Long: -95.46400 API: 35121205880001  

Permits to Drill August 1, 2016

Grady County GENE CARROLL #1H-7, July 29 2016 17 9N 6W SWNENWNW API: 05124054 Lat: 35.26077782617376, Long: -97.86279099777053 CITIZEN ENERGY II LLC HH, DR, 16700 ft, WOODFORD(11200) Haskell County SOUTHARD #1-21, July 28 2016 21 7N 19E NENWSENE API: 06122314 Lat: 35.068657113254645, Long: -95.29895644267255 BRG PETROLEUM LLC SH, RC, 11500 ft, MIDDLE ATOKA(8985) Kingfisher County …

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SandRidge Trust Announces Quarterly Distribution

The SandRidge Mississippian Trust I headquartered in Austin, Texas announced a quarterly distribution for the three-month period ended June 30 of $1.2\ million or $0.0412 per unit. The official distribution is expected to happen on or before August 26 to holders of record. The trust indicated total sales volumes were slightly lower than the previous …

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Oklahoma Predicted to Overtake California for Wind Energy Production

With six different wind farm projects underway across the state, Oklahoma remains a strong number four when it comes to states with installed wind power projects. But Oklahoma is expected to overtake California in the coming year. The projects underway, once finished will add more than 1,100 megawatts to the production of wind power in …

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Corps of Engineers Cited For Making No Progress on Levee Safety Program

The Army Corps of Engineers and FEMA are under criticism from the U.S. Government Accountability Office for making little progress on a levee-safety program mandated two years ago by Congress, according to a report filed with a Committee chaired by Oklahoma U.S. Sen. Jim Inhofe. The report to his Senate Environment and Public Works Committee …

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Ethanol Production in US Drops from Record Numbers

Ethanol production in the U.S. dropped last week from the previous week’s historic high. Figures from the U.S. Energy Information Agency indicated production dropped 31,000 barrels a day, resulting in an average daily production of 998,000 barrels or 41.92 million gallons a day. Ethanol production had exceeded a million barrels a day in five of …

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Sabine Emerging from Messy Bankruptcy

Houston, Texas-based Sabine Oil and Gas Corp. has won approval of a Manhattan judge for its financial reorganization, clearing the way for the producer to come out of Chapter 11. The independent company filed more than a year ago and had been fighting creditors ever since. But U.S. Bankruptcy Judge Shelley chapman recently held a …

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Oil and Gas Collections for June were Dismal in Oklahoma

The final Fiscal Year 2016 revenues for the state of Oklahoma came in nearly 10 percent below the official estimate and they showed once again, oil and gas revenues were dismal not only for June but for the year. Wait till you read just how much. June General Revenue Fund collection missed the estimate by …

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Chevron Phillips Dedicates New Polyethylene Plant in Bartlesville

Chevron Phillips Chemical Company LP dedicated a new state-of-the-art Marlex polyethylene pilot plant at its research and technology facility in Bartlesville on Wednesday. The pilot plant enables polyethylene research, such as new catalyst and polymer development, to take place on a pilot scale prior to implementation in full-scale operations, including the company‚Äôs $6 billion investment …

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