November 14, 2018 archive

Permits to drill for Nov. 14, 2018

No permits to drill were issued on Nov. 14, 2018.

Completion reports for Nov. 14, 2018

Completion reports for Nov. 14, 2018. BECKHAM COUNTY Jma Energy Company Llc Marmaton(12564): Gas 425 Water 3963 Flow 24 11N 23W Plummer Woods 1-13h, September 05, 2018 HH, GAS, TD: 17632 ft Lat: 35.42102, Long: -99.59018 API: 35009219950000 CUSTER COUNTY Continental Resources Inc Mississippian(16628): Gas 18067 Water 1582 Flow 15 13N 15W Eagle 1r-15-10xh, March 25, 2018 HH, GAS, TD: 26694 ft Lat: 35.59598, …

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Stillwater lab to share in EPA grant

A Stillwater company is receiving part of a $1.7 million grant from the Environmental Protection Agency toward the development of new technologies to protect the environment. Oklahoma U.S. Sen. Jim Inhofe, who is a senior member of the Senate Committee on Environment and Public Works announced he funding is going to Accurate Environmental Laboratories through …

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October gross production tax collections in Oklahoma worry one state leader

Gross production tax collections for October in Oklahoma came in below the estimate of state officials with the Oklahoma Office of Management and Enterprise Services. And it led one official to suggest there’s nothing to indicate the state will have significantly more money for agency appropriations than anticipated. The collections totaled $34.3 million but were …

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OKC aircraft charter company owner pleads to violating FAA laws

The owner of an Oklahoma City aviation company that leases planes and helicopters to companies for charter work has pleaded guilty to federal misdemeanor charges and agreed to pay $50,000 in fines. James Paul Johnson and his company, Interstate Helicopters, Inc. headquartered at Wiley Post Airport, entered guilty pleas on Tuesday in Oklahoma City Federal …

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Pioneer sells pumping assets in $400 million deal

Pioneer Natural Resources Company based in Dallas announced this week a $400 million agreement to divest its pressure pumping assets to ProPetro Holding Corp. Pioneer has exploration operations in Texas, Oklahoma, Colorado, Kansas and New Mexico. The agreement means ProPetro, based in Midland, Texas will become a strategic long-term service provider for Pioneer for up …

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Northwest Pipeline offers $250 million senior note exchange

Tulsa’s Northwest Pipeline LLC announced it’s started a $250 million senior note exchange. The wholly owned subsidiary of The Williams Companies, Inc. is offering the exchange for any and all of its $250 million in outstanding 4% Senior Notes due 2027. The notes were originally issued in a private transaction in August of this year …

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Coal provider faces more financial challenges

One of the providers of Wyoming coal to Oklahoma coal-fired electric generating plants has ended its Credit Agreement with a bank after the amount of borrowing capacity was reduced to about $16 million. It is the latest in a series of financial moves that some say portend a gloomy future for the company. Cloud Peak …

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Tallgrass Energy declares open season on shipment of oil to Cushing

Kansas City-based Tallgrass Energy, LP, a firm that moves crude oil from Wyoming to Cushing, Oklahoma has announced a binding open season on its Pony Express system. The line carries oil from the Guernsey, Wyoming origin point to refinery delivery points along the Pony Express system and to the Cushing storage hub. TallGrass has operations …

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Dividend declared by National Oilwell Varco

  With operations across Oklahoma, National Oilwell Varco, Inc. has announced a 5-cent a share dividend. The Houston, Texas based company indicated its Board of Directors declared the regular quarterly cash dividend payable on Dec. 21, 2018 to each stockholder of record on Dec.7, 2018. The company’s coming off the end of the third quarter …

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