Apex Clean Energy today announced the sale of Diamond Spring Wind to ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE). The transaction includes 15-year power purchase agreements that Apex negotiated with two Fortune 500 companies (to be announced at a later date). The success of Diamond Spring Wind, a 303 MW project …
Williams reported that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Northeast Supply Enhancement project – an expansion of the existing Transco natural gas pipeline designed to serve New York markets in time for the 2020/2021 winter heating season. The Northeast Supply Enhancement project will provide …
Oklahoma City’s Chaparral Energy has lost a federal court appeals in a legal fight in which a court ruled the company had underpaid royalty owners by deducting gas-treatment costs. The 10th Circuit Court of Appeals upheld the Oklahoma City federal court ruling in a case brought by Naylor Farms in 2011. As the lawsuit pointed …
Arkansas-based Murphy Oil reported first quarter 2019 net income of $40 million or 23 cents per diluted share. Adjusted net income for the company headquartered in El Dorado was $27 million or 15 cents per diluted share. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations attributable to Murphy, totaled $311 million, …
Both chambers of the Oklahoma Legislature have passed a bill requiring the State Dept. of Education develop a rubric for implementing quality computer science programs in public schools by the end of 2019. Senate Bill 593, by Sen. Gary Stanislawski, R-Tulsa, and Rep. Jeff Boatman, R-Tulsa, also requests the State Board of Education to set …
The U.S. oil and gas rig count dropped again in the past week while the number of active rigs in Oklahoma added one to reach 103 rigs. Baker Hughes Co. reported the national count slipped by one to reach 990, down 42 rigs from a year ago when there were 1,032 active oil and gas …
Nearly 5 months after it brought in a well producing more than 2,000 barrels of oil a day, Marathon Oil Company filed a completion report with the Oklahoma Corporation Commission. The Stephens County well is in the Springer play located at 10 2N 4W in an area south of Lindsay. Initial production on the Papa …
Permits to drill issued for May 3, 2019. Dewey County CANTON WEST SWD #1, February 07 2019 08 18N 14W SWNWNENE API: 04323691 Lat: 36.05655490886038, Long: -98.71174970871752 S & S STAR OPERATING LLC SH, AM, 8000 ft, WOLFCAMPIAN(3450), VIRGILIAN(4800), MISSOURIAN(7400) Ellis County SHINER 22X27-18-25 #1HB, April 26 2019 22 18N 25W NENWNESW API: 04523796 Lat: 36.02011782994974, Long: …
Completion reports filed for May 3, 2019. KINGFISHER COUNTY Oklahoma Energy Acquisitions Lp Mississippian (ex Chester): Oil 322 Gas 238 Water 382 Gas Lift 36 15N 6W Walrus 1506 10-36mh, September 19, 2018 HH, OIL, TD: 12807 ft Lat: 35.73945, Long: -97.78491 API: 35073260500000 Oklahoma Energy Acquisitions Lp Mississippian (ex Chester): Oil 794 Gas 1500 Water 596 Gas Lift 23 16N 6W Orbit 1606 6-23mh, June …
