There were no permits to drill issued for Nov. 13, 2018.
November 13, 2018 archive
No completion reports for Nov. 13, 2018
There were no completion reports filed for Nov. 13, 2018.
Injured Oklahoma workers lose on appeal in Denver
Two men who sued some Oklahoma drilling companies after they were hurt while repairing a drilling device have lost their appeal with the U.S, 10th Circuit Court of Appeals in Denver. The court ruled against Jacob McGehee and Steven Ray Heath. They sued Forest Oil Corp. and Lantern Drilling Co. along with Southwest Electronic Energy …
New Mexico considers reuse of oil and gas wastewater to end state’s drought
The drought is gone in Oklahoma, but not in New Mexico where state officials are considering a plan to allow the re-use of oil and gas drilling wastewater. Instead of returning it to the earth through wastewater disposal wells, some wonder if it can be safely recycled, according to the following report by the Associated …
Devon Energy workers contribute to help families in 7 Oklahoma towns
More than 800 Oklahoma families have been helped by Deon Energy as the energy firm made contributions of canned goods, meats and fresh produce to the Regional Food Bank of Oklahoma. Devon workers and their families made the contributions to help families in seven communities. They were El Reno, Geary, Hinton, Kingfisher, Lomega, Watonga and …
Federal Judge rules against SandRidge employees in lawsuit over lost retirement savings
A lawsuit filed by SandRidge Energy Company employees against SandRidge Energy and Reliance Trust Co. in a fight over lost retirement savings has been won by the company. In a ruling in Oklahoma City U.S. District Court, Judge Timothy D. DeGiusti ruled against the employees who had accused SandRidge Energy leaders and Reliance Trust of …
Refinery operator makes $655 million purchase of Sonneborn Holdings
With refineries in Tulsa, El Dorado, Kansas and elsewhere, HollyFrontier Corporation is expanding with a $655 million purchase of Sonneborn US Holdings Inc. and Sonneborn Cooperaatief U.A. HollyFrontier is pulling off the deal with cash on hands and anticipates it will lead to an immediate increase in earnings per share, cash flow and adjusted earnings …
Saltwater disposal business has been good for Tulsa’s Cypress Energy Partners
Tulsa’s Cypress Energy Partners, L.P. reported third quarter 2018 revenues of $84.8 million or a 9% increase compared to a year ago. It also represented a jump of 11% over the second quarter of this year proving the saltwater disposal business has been good this year. The increased revenues resulted in a 21 cent a …
Halliburton gets a new Chief Financial Officer
Halliburton, the company that got its start in Duncan, Oklahoma and still has a major operation there has named a new Chief Financial Officer. Lance Loeffler, previously the vice president of Investor Relations was promoted to CFO. He will lead Halliburton’s financial functions, including planning and analysis, accounting and financial reporting. Loeffler’s replacing Chris Weber …
Roan Resources reports $300 million 3Q loss but increased production following reorganization
Third quarter 2018 results for Oklahoma City’s Roan Resources, Inc. were announced Tuesday showing a net loss of more than $300 million following its reorganization. The company went through a reorganization process to form publicly traded Roan Resources, Inc. which was uplisted to the New York stock Exchange on Nov. 9, 2018. Its quarterly …
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