July 2018 archive

Cypress Energy to release earnings report Aug. 14

Second quarter results will be released later in August by Tulsa’s Cypress Energy Partners, L.P. which also declared a cash distribution of 21 cents a share. The company’s board of directors approved the cash distribution which will be payable on Aug. 14 to all unitholders of record on Aug. 7, 2018. The 21-cents is the …

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Midstates Petroleum to release 2Q earnings Aug. 2

Midstates Petroleum Company, Inc. of Tula is planning to release its second quarter 2018 earnings report on Aug. 2. The Thursday release will be made after the close of trading on the New York Stock Exchange. Then company leaders will hold a conference call on Friday, Aug. 3 at 8 a.m. Central time to discuss …

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Legislators come out in support of PSO’s controversial Wind Catcher project

Two northeast Oklahoma legislators have come out in support of the controversial Wind Catcher Energy Connection Project, one that would create the largest wind farm in the U.S. State Sen. Roger Thompson of Okemah and Rep. Weldon Watson of Tulsa issued statements urging the Corporation Commission to grant preapproval of the project proposed by Public …

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Earthquake trial delayed over appeal of judge’s class-action ruling

A Tulsa energy company’s appeal of a judge’s decision to create a class-action lawsuit filed against it over the 2011 earthquake near Prague has resulted in a delay of the trial. The decision was made last spring by Judge Lori Walkley who ruled that residents and businesses in a nine-county area could join the lawsuit …

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Recess means no House energy hearings

With the U.S. House in recess, no hearings on energy will be held in the coming week. Oklahoma Congressman Markwayne Mullin and others on the House Energy and Commerce Committee do not have any hearings scheduled so far for August. Over in the Senate, Oklahoma Senator Jim Inhofe and other members of the Senate Committee …

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Despite the heat, no record use of electricity is reported by major utilities

Despite the 109 degree temperatures of last week in Oklahoma, power usage did not hit a record high. At least that’s the word from  OGE spokeswoman Kathleen O’Shea. “While OGE did hit a system load high for this year on 7/20, it was considerably less than last year’s high,” she said in an email response …

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Oil drilling activity grows in Kingfisher County

Kingfisher County continues to be the king of Oklahoma’s STACK play, as the latest completion reports published by OK Energy Today showed 17 more new wells. Ten of the wells were completed by Gastar Exploration of Houston, Texas.  Newfield Exploration, the company in a water line fine with Kingfisher County Commissioners reported 6 completed wells. …

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Permits to drill July 19-25

This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between July 19th and close of business on July 25th.  There are two links on each line: – The SPOT link will take you to the well location on Google Maps.  So, if you need it, this will …

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Completions for July 19-25

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that were published between July 19th and close of business on July 25th. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT link …

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Rep. Mullin says Trump’s policies have resulted in lower taxes in Oklahoma

Oklahoma Congressman Markwayne Mullin contends President Trump’s major policies are working and have resulted in lower taxes in Oklahoma. In a weekly release, he wrote of a White House event: “This week at the White House, President Trump held the second annual ‘Made in America’ showcase.  Representing Oklahoma at the showcase was Round House Jeans, …

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