May 3, 2019 archive

Unit Corporation reports losses while it focuses on more oil production

  Tulsa’s Unit Corporation is making a shift to focus more heavily on oil production while at the same time reporting first quarter 2019 net losses of $3.5 million or 7 cents per diluted share. The loss compares to net income of $7.9 million or 15 cents a share in the first quarter of 2018. …

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Tallgrass Energy honored by Denver Post

  Kansas City-based Tallgrass Energy, LP, the firm with extensive pipeline operations carrying oil to the Cushing hub, was named one of The Denver Post’s Top Workplaces. The company has extensive operations in Colorado and Wyoming where it moves crude out of the DJ Basin. The honor was the fifth consecutive year for Tallgrass to …

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Investors await 1Q financial report from Blueknight Energy Partners

Oklahoma City’s Blueknight Energy Partners, L.P. plans to release its first quarter financial results this month. The report will be released after the close of markets on Wednesday, May 8, 2019. Company management will hold a conference call on Thursday, May 9 at 10 a.m. CDT to discuss the results. Investors await word whether the …

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Mammoth Energy awaits payments after Hurricane Maria work in Puerto Rico

Nearly two years after Oklahoma City’s Mammoth Energy responded to the tragedy caused when Hurricane Maria hit Puerto Rico, the company is still there. And its efforts to restore electrical power to the nation have been rewarded in part by lawsuits against the company, even as Puerto Rico still owes hundreds of millions of dollars …

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Williams optimistic about a turnaround in natural gas prices

Williams in Tulsa is planning no change in the guidance ranges for the rest of 2019 after reporting strong increases in net income for the first three months of 2019. The company also believes there will be a turnaround in prices as demand for natural gas grows. CEO Alan Armstrong told investors and analysts after …

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Permits to drill for May 2, 2019

Permits to drill issued for May 2, 2019. Custer County LANCET #2H-17-20, May 02 2019 17 14N 15W SWNWNWSW API: 03922577 Lat: 35.68796506703563, Long: -98.82620073392214 CITIZEN ENERGY III LLC HH, DR, 21876 ft, MISSISSIPPIAN(14000), WOODFORD(14800) Garvin County TITAN #3-17-8MXH, March 13 2019 17 4N 4W SWNESESW API: 04925274 Lat: 34.81404951279072, Long: -97.64408111374735 CASILLAS OPERATING LLC HH, AM, …

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Completion reports for May 2, 2019

Completion reports for May 2, 2019. CUSTER COUNTY Newfield Exploration Mid-con Inc Mississippian (less Chester): Oil 46 Gas 7736 Water 523 Flow 36 15N 14W Lola Comer 1514 1h-25x, August 31, 2018 HH, GAS, TD: 20679 ft Lat: 35.73188, Long: -98.64752 API: 35039225390000 DEWEY COUNTY Newfield Exploration Mid-con Inc Mississippian(9622): Oil 363 Gas 971 Water 1901 Flow 6 19N 15W Irving Fed 1915 1h-7, July 27, …

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