U.S. District Judge Timothy D. DeGiusti failed to issue a permanent injunction and dismissed a nuisance case on Thursday against an 11,000-acre wind farm located in Canadian and Kingfisher counties, according to The Oklahoman. The 149-turbine wind farm is owned by First Reserve Corp. and operated by Apex Clean Energy Inc. The lawsuit was filed …
October 13, 2016 archive
Completion Reports October 14, 2016
BECKHAM COUNTY Payne Exploration Company 15 9N 22W Diamond 1-15, October 11, 2016 SH, DRY, TD: 9300 ft Lat: 35.25696, Long: -99.51891 API: 35009219700001 HARPER COUNTY Sheridan Production Company Llc 2 27N 25W Bonnie 1-2, September 02, 2016 SH, PLUG, TD: 6450 ft Lat: 36.84295, Long: -99.87052 API: 35059224340001 Sheridan Production Company Llc 2 …
Permits to Drill October 14, 2016
Caddo County LESSIG #1-25H, October 13 2016 24 6N 9W SESWSESE API: 01523271 Lat: 34.9715204892019, Long: -98.09621044146864 UNIT PETROLEUM COMPANY HH, DR, 16647 ft, HOXBAR(10930) Canadian County REESE #2-6, October 13 2016 06 13N 8W CS2NWSW API: 01722412 Lat: 35.62837155591855, Long: -98.09874122594586 CHESAPEAKE OPERATING LLC SH, RC, 9850 ft, RED FORK(9370), ATOKA-MORROW(9670) Okfuskee County LIGONS …
Interim Director Named at Water Resources Board
After 22 years with the Oklahoma Water Resources Board, Julie Cunningham was named this week as interim executive director, succeeding J.D. Strong who left to become the new Director of the Oklahoma Department of Wildlife Conservation. Cunningham had been the Water Board’s Chief of Planning and Management since 2008. She agency in 1994 as an …
Borehole Test Operation Doubled in Size with $2.5 million Expansion
Announced this week—-Catoosa Test Facility has completed a $2.5 million expansion at its Pawnee County operation, a completion that will double borehole testing capacity for oilfield manufacturers. Located near Jennings, midway between Stillwater and Tulsa, the expansion was actually finished in July but it enabled CTF to add a second drilling rig to allow 18 …
Senior Notes Offerings by Phillips 66 Partners and Dynegy Inc.
Two Houston-based energy firms have announced massive senior notes deals. While Phillips 66 Partners LP is announcing a $1.125 billion Senior Notes Offering, Dynegy Inc. is closing its offering of $750 million senior notes. The Phillips offering includes notes due 2026 and in 2046 and the proceeds will be used to pay the cash consideration …
Devon Wraps up $1.1 billion Sale of its Share of Access Pipeline
With the completion of its $1.1 billion sale of its 50% ownership interest in Access Pipeline, Devon Energy expects the proceeds to beef up its investment-grade balance sheet. It also means the investments will put the Oklahoma City-based energy company in a position to get higher benefits from the STACK and other resource-rich U.S. areas. The …
Chesapeake Energy Shares Jump 50% in Three Months
Skyrocketing prices of Chesapeake Energy shares are getting some attention in the stock market. As Seeking Alpha notes, Chesapeake shares have jumped 50% in the past three months and it’s largely due to a “rally in natural gas pricing.” The investment company says Chesapeake Energy is likely to reap the benefits of a growing …
Samson Encounters Objections in Amended Chapter 11 Bankruptcy
Tulsa-based Samson Resources has encountered some opposition from the U.S. Trustee in its Chapter 11 bankruptcy case filed last year in the District of Delaware. At the same time, the Department of Interior is objecting too. The Interior Department told the judge in the case that Samson Resources corp. must pay $136.9 million and get the department’s …
Four Texas Firms Fined $3.5 million for Criminal Clean Air Violations
A total of $3.5 million in fines for criminal clean air violations will be paid by four companies in eastern Texas. The violations occurred from 2008 until 2012 at two Southeast Texas oil and chemical processing facilities and involved one tank explosion that killed a worker. The companies entered guilty pleas in federal court. KTX …