November 7, 2018 archive

Arizonans reject renewable energy issue

Colorado wasn’t the only state where environmentalists lost at the polls. Voters in Arizona soundly rejected Proposition 127, an issue that would have forced electric companies to get half of their energy from renewable sources by 2030. “Arizonans support clean energy, but not costly, politically driven mandates,” said Matthew Benson, chairman of the opposition group …

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Enable Midstream reports increased revenue in 3Q

Oklahoma City’s Enable Midstream Partners, LP announced its third quarter earnings on Wednesday, showing net income was $138 million, an increase of $25 million compared to the $113 million reported in the third quarter of 2017. Net cash from operating activities came to $233 million which was up $59 million from a year earlier. Adjusted …

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US and International rig counts were up in October

Baker Hughes announced  Wednesday that the Baker Hughes international rig count for October 2018 was 1,017, up 13 from the 1,004 counted in September 2018, and up 66 from the 951 counted in October 2017. The international offshore rig count for October 2018 was 207, up 3 from the 204 counted in September 2018, and …

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Lead problems found in Norman elementary school

State environmental regulators say they have discovered lead and copper level issues in a Norman elementary school. The Oklahoma Department of Environmental Qualified notified the school district that lead and copper levels are too high in the Washington Elementary school. In announcing the problem, the DEQ said five samples were taken during a routine sampling …

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Voters send Rep. Mullin back to Congress for another term

One of Oklahoma’s Republican congressmen who is a voice for the energy industry in the U.S. House won re-election on Tuesday. Second District U.S. Rep. Markwayne Mullin was easily sent back to the House with 65% of the votes. He is a member of the House Energy and Commerce Committee and defeated Democrat Jason Nichols, …

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Key Energy reports $24 million net loss for 3Q

Houston’s Key Energy Services reported third quarter 2018 revenues of nearly $135 million but a net loss of about $24 million or $1.18 a share. The company has major operations in  Oklahoma and reported the consolidated revenues totaled $134.7 million while the net loss was $23.9 million.  But it also indicated there were gains of …

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Oil and Gas groups say Oklahoma election results show voters want economic growth

While members of the Oklahoma Independent Petroleum Association were still voting on a proposed merger with the Oklahoma Oil and Gas Association, the two groups issued a statement following election of Republican Kevin Stitt as Oklahoma’s new governor. It came from Chad Warmington, President of OKOGA and Berry Mullennix, Chairman of OIPA. “The outcome of …

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Permits to drill for Nov. 6, 2018

Permits to drill for Nov. 6, 2018. Ellis County JOHNSON TRUST 3205 #3H, November 05 2018 32 18N 24W NWNENWNE API: 04523773 Lat: 35.998318043880104, Long: -99.77924265828307 EOG RESOURCES INC HH, AM, 20100 ft, MARMATON(9450) Kingfisher County BRACHIOSAURUS 23_26-15N-9W #4HX, November 06 2018 23 15N 9W NENWNENW API: 07326331 Lat: 35.7682443608158, Long: -98.13027737797175 DEVON ENERGY PRODUCTION CO LP …

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Completion reports for Nov. 6, 2018

Completion reports for Nov. 6, 2018. GARVIN COUNTY Marathon Oil Company Woodford(13613): Oil 703 Gas 7046 Water 2683 Flow 5 3N 4W Mario 0304 1-5-8wxh, August 01, 2018 HH, OIL, TD: 21913 ft Lat: 34.76059, Long: -97.63424 API: 35049251800000 Triad Energy Inc Woodford(12864): Oil 240 Gas 247 Water 963 Flow 17 1N 1W Cotton 1-17-16xh, July 09, 2018 HH, OIL, TD: 19477 ft Lat: 34.55458, Long: …

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Proposition 112 in Colorado rejected by voters

Colorado voters turned aside the proposal to expand the oil and gas drilling setback from homes and buildings, a move that some argued would decimate the state’s energy industry. Proposition 112 failed by a vote of 58 percent to 42 percent.  It would have forced oil and gas drilling rigs to locate a half-mile from …

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