August 2017 archive

EPA Panel Clears Pruitt in Complaint Filed by Sierra Club

Former Oklahoma Attorney General Scott Pruitt might be smiling these days after his own EPA cleared him following a complaint filed by one environmental group. Pruitt gets the green light in an investigation of whether he violated the Agency’s science integrity policy for his comments on climate change. It’s reported a panel of senior agency …

Continue reading »

New South Canadian River Bridge to Be Built at Purcell and Lexington

Three years after the Purcell-Lexington bridge over the South Canadian River was closed because of the discovery of cracks, the state is about to begin construction of a new bridge. Work is scheduled to begin this year on replacing the 79-year old U.S. 77/State Highway 39 that links the two cities.  It could last 18 …

Continue reading »

OGE Announces Expansion of Rate Refund Program

Oklahoma Gas and Electric announced this week plans to expand its rate-refunds to some former customers. The announcement followed the company’s most recent rate case. Existing customers started receiving refunds in May after the company filed its new rates. OGE will now start providing refunds to customers who discontinued their electric service during the interim …

Continue reading »

Annual Tinker Air Force Base Contracting Conference Approaching in Midwest City

Tinker Air Force base is planning another effort at attracting business with civilian firms with its Tinker and the Primes. For eleven years, Tinker and the Primes has attracted hundreds of aerospace, defense and government contracting agencies and organizations. This year’s conference “Innovating Together” will be the 12th and is planned for Aug. 21-23 at …

Continue reading »

New Chief Accounting Officer Named at SandRidge Energy

Oklahoma City’s SandRidge Energy has announced the appointment of a new Senior Vice President and Chief Accounting Officer. Michael A. Johnson will assume his new duties Aug. 15, after departing Chesapeake Energy Corporation where he had worked for 17 years. The 52-year old Johnson previously was Vice President of Accounting and Financial Reporting at Chesapeake. …

Continue reading »

Newfield Exploration Posts $98 Million in Net Income for Second Quarter of 2017

Houston-based Newfield Exploration Company reported a net income of $98 million or $0.49 per diluted share for the second quarter of 2017. Last year, the company reported a net loss of $667 million or $3.36 per diluted share, according to company financials. “We are on target to deliver the key objectives within our 2017 business …

Continue reading »

Devon Energy Announces $425 Million Profit for 2Q 2017

Oklahoma City-based Devon Energy Corporation’s plan for growth is proving to be highly successful as the company posted $425 million in net earnings for the second quarter of 2017, up from a loss of more than $1.5 billion for the same quarter last year. “Devon achieved another high-quality operating performance in the second quarter, building …

Continue reading »

Crude Oil Futures Retreat on Tuesday

Oil futures receded on Tuesday as the U.S. benchmark fell below $50 a barrel while evidence pointed to an OPEC production increase, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude fell $1.01, or 2%, to settle at $49.16 a barrel. October Brent crude, the global benchmark, lost 94 cents, …

Continue reading »

Completion Reports August 2, 2017

  CARTER COUNTY Citation Oil & Gas Corporation 16 2S 2W Cox Penn Sand Unit(Gladney #5) 4, March 17, 2017 SH, INJ, TD: 2011 ft Lat: 34.38829, Long: -97.40635 API: 35019041530001 HASKELL COUNTY Bravo Arkoma Llc Woodford(6716): Gas 3636 Water 1854 Flow 31 8N 20E Kinta 1-30/19h, April 09, 2017 HH, GAS, TD: 16061 ft Lat: 35.12795, Long: -95.23662 API: 35061223580001 HUGHES …

Continue reading »

Permits to Drill August 2, 2017

  Blaine County LEVI #1-13H, August 01 2017 13 13N 12W SWNENENW API: 01123270 Lat: 35.607686359243736, Long: -98.43025813682341 DEVON ENERGY PRODUCTION CO LP HH, RC, 17770 ft, ATOKA(11220), SPRINGER(11700) Blaine County SUCCOTASH 26-15N-13W #1H, April 19 2017 26 15N 13W SWSESESE API: 01123783 Lat: 35.74036978707537, Long: -98.54559573725291 PALOMA OPERATING CO INC HH, AM, 17269 ft, MISSISSIPPIAN(12325) Blaine …

Continue reading »