October 2018 archive

Drilling success continues for Devon in Oklahoma’s STACK play

  Devon Energy finds even more success in Oklahoma’s STACK play, reporting at least three new wells, each producing more than a thousand barrels of oil a day. It had two successful wells in Blaine County. The Horsefly 13_24-15n-10w 4hx, located at 13 15N 10W, had production of 1,1178 Boed along with 3,175 Mcf of …

Continue reading »

Permits to drill for Oct. 30, 2018

Permits to drill for Oct. 30, 2018. Canadian County EARL 2-11-10-6 #1MXH, October 30 2018 02 10N 6W NENWNENW API: 01725290 Lat: 35.376411205302844, Long: -97.80738474627455 ROAN RESOURCES LLC HH, DR, 19891 ft, MISSISSIPPIAN(9360) Canadian County EARL 2-11-10-6 #3MXH, October 30 2018 02 10N 6W NENWNENW API: 01725292 Lat: 35.376411211616094, Long: -97.80751891895592 ROAN RESOURCES LLC HH, DR, 19871 …

Continue reading »

Completion reports for Oct. 30, 2018

Completion reports for Oct. 30, 2018. BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10145): Oil 1178 Gas 3175 Water 590 Flow 13 15N 10W Horsefly 13_24-15n-10w 4hx, August 25, 2018 HH, OIL, TD: 20829 ft Lat: 35.78244, Long: -98.22022 API: 35011238970001 Devon Energy Production Co Lp Mississippian(10386): Oil 367 Gas 1886 Water 738 Flow 13 15N 10W Horsefly 13_24-15n-10w 5hx, August 25, 2018 HH, OIL, TD: …

Continue reading »

Mustang electric cooperative fights OGE to protect service area

The Oklahoma Corporation Commission is being asked by a rural electric cooperative to stop OGE from offering service within its service area. CKenergy, based in Mustang contends OGE has offered electric service to the OneOK Inc. Binger II Pump station which is in CKenergy’s certified territory. It learned in June that the new Binger II …

Continue reading »

Small quake hits Southwest Kansas

The string of weak earthquakes in Oklahoma and Kansas moved to southwest Kansas on Tuesday. A 2.8 magnitude quake was recorded at 9:55 a.m. near the community of Kingsdown, Kansas along highway US 54. The community is west of the town of Bucklin and about 22 miles southeast of Dodge City. The U.S. Geological Survey …

Continue reading »

Big jump in net income for Continental Resources

  A huge jump in net income was reported by Oklahoma City-based Continental Resources for the third quarter of 2018. The company indicated it soared from $10.6 million in the third quarter of 2017 to $314 million in the third quarter of 2018. Total revenues for the quarter were $1.28 billion and company leaders don’t …

Continue reading »

20% increase in earnings for coal company based in Tulsa

  Coal mining’s Alliance Resource Partners, L.P of Tulsa announced a more than 20 percent in earnings for the third quarter of 2018 compared to a year ago.  Alliance is the second largest coal producer in the eastern part of the U.S. with eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. …

Continue reading »

Enable Midstream Partners to release 3Q results next week

Oklahoma City pipeline operator Enable Midstream Partners plans to release its third quarter 2018 earnings report on Wednesday, Nov. 7, 2018. The firm will make known the report before the open of market then hold a conference call at 7 a.m. Oklahoma time. Figures will pertain to Enable’s 13,300 miles of natural gas and crude …

Continue reading »

Holly Energy reports increased 3Q earnings

Holly Energy Partners, L.P. the Dallas firm with a refinery in Tulsa announced increased third quarter earnings of $45 million or 43 cents a share.  The earnings were up from the $42.1 million and 66 cents a share reported in the third quarter of 2017. The distributable cash flow was $66.6 million for quarter which …

Continue reading »

Chesapeake announces $4 billion purchase of Houston firm while it finalizes $2 billion sale of Utica shale holdings

Just as Oklahoma City’s Chesapeake Energy announced it has completed the nearly $2 billion sale of its nearly 1,500,000 acres and holdings in the Utica Shale operating area of Ohio to Houston’s Encino Acquisition Partners, it’s announced the nearly $4 billion purchase of a Houston exploration company. Chesapeake said it’s entered into an agreement to …

Continue reading »