Oklahoma City’s Devon Energy has released its March Investor Presentation, highlighting its growth and accomplishments in the past year. The presentation emphasizes divestiture proceeds of $30 billion, its new assets and how its portfolio is positioned in the top oil basins in North America. It also discusses superior oil growth and pricing, improved per-unit costs …
After getting approval last week from the Federal Energy Regulatory Commission to begin construction of a 200-mile natural gas pipeline in Oklahoma, Cheniere Energy, Inc. gave the go-ahead orders to construction companies. Cheniere issued what is called a Notice to Proceed to four different companies including Strike, LLC, M.G. Dyess, Inc., TRC Pipeline Services, LLC …
While some in Congress are pushing the Green New Deal, a measure attacking the oil and gas industry, Oklahoma U.S. Sen. Jim Inhofe and others in the Senate are advocating a measure to protect the industry to some degree. Inhofe has cosponsored S. 383, the Utilizing Significant Emissions with Innovative Technologies (USE IT) Act. It …
Like most states in the oil and gas producing region, Oklahoma reported a loss of drilling rigs in the past week. Baker Hughes Co. reported Oklahoma’s count dropped by 2 to reach 115. Of the oil plays in the state, the Granite Wash, which includes the Texas Panhandle remained steady at 5 working rigs. The …
Permits to drill issued for March 1, 2019. Blaine County DR #1-1-36XH, April 27 2017 01 13N 13W SESESESE API: 01123790 Lat: 35.62398158865025, Long: -98.52676414132208 CONTINENTAL RESOURCES INC HH, AM, 24595 ft, MISSISSIPPIAN(14684), WOODFORD(14794) Canadian County GARRISON #1H-29-32, February 28 2019 29 12N 10W NWNWNENW API: 01725406 Lat: 35.492152396644684, Long: -98.28400111043103 CITIZEN ENERGY III LLC HH, DR, …
Completion reports filed for March 1, 2019. BLAINE COUNTY Continental Resources Inc Mississippian/woodf Ord: Gas 7642 Water 4807 Flow 1 13N 13W Dr 1-1-36xh, May 07, 2018 HH, GAS, TD: 24595 ft Lat: 35.62398, Long: -98.52676 API: 35011237900000 Devon Energy Production Co Lp Mississippian(10286): Oil 604 Gas 2673 Water 788 Flow 13 15N 10W Horsefly 13_24-15n-10w 7hx, August 13, 2018 HH, OIL, TD: 21098 ft …
Drone-maker Kratos Defense and Security Solutions, the firm that moved operations last year from California to Oklahoma City has made a nearly $60 million acquisition of a majority interest in an Oklahoma small-engine company. Kratos ended up with 80.1 percent interest in FTT Core LLC and Florida Turbine Technologies Inc. which owns Consolidated Turbine Specialists. …
Wind farm operators in Oklahoma might have to start making a $2,000 annual payment to the state following the adoption of wind fee rules by the Oklahoma Corporation Commission. The $2,000 fee is for each facility and will fund oversight responsibilities for the commission. But the wind farm operators will also be charged $5,000 whenever …
Published reports show Patterson-UTI is fighting a court decision in the lawsuit filed over the January 2018 rig explosion and fire that killed five workers in Pittsburg County. The McAlester News reported that attorneys for the company filed an appeal over a judge’s denial for a protective order to prevent depositions of two Patterson company …
The Tulsa-based private equity fund Argonaut Private Equity announced it has made a major investment in Mammoth Carbon Products, a Houston-based pipeline distribution company. Mammoth is considered an industry leader in carbon steel pipe distribution and services for the energy infrastructure markets. Established in 2014, Mammoth currently services the North American market focusing in Texas …
