July 2019 archive

Wind surpasses coal for electricity in Texas

  The use of coal for energy in Texas is on the decline—this from the state that is the nation’s largest consumer of coal.  It’s been overtaken by the wind industry. As E and E News reported this week, wind generated more electricity than coal did in the first six months of the year. Click …

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Kinder Morgan sues Texas city over anti-gas pipeline ordinance

  The Austin, Texas suburb of Kyle has been sued in federal court by Houston pipeline operator Kinder Morgan because of an ordinance the company says is meant to keep a proposed natural gas pipeline out of town. The 22-page lawsuit was filed this week in U.S. District Court in Austin and accused the Kyle …

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Writer says oil thefts in Oklahoma helped develop power of Kochs

  Alleged oil thefts from Indian reservations in Oklahoma played a big role in the political power and growth of the Koch brothers, according to a new story by business reporter Christopher Leonard. Oklahoma was at the heart of the story from the 1989 U.S. Senate investigation to the political power wielded by the brothers …

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Halliburton CEO calls 2Q earnings “outstanding”

    Halliburton reports its second quarter 2019 net income totaled $75 million or 9 cents a diluted share.  It compared to net income of $152 million in the first quarter of the year and 17 cents a share. However, adjusted net income for the second quarter was far better than the first quarter as …

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NGL to release earnings report

Tulsa’s NGL Energy Partners LP will issue its fiscal first quarter financial results on Aug. 8, 2019. The quarter ended June 30 and the results will be made known before the opening of markets on that Thursday.  Members of the company’s management team also will host an earnings call following the release at 10 a.m. …

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Regional haze improves around Wichita Mountains Wildlife Refuge

Despite the claims of environmentalists that environmental conditions are not improving in the nation, the Environmental Protection Agency says otherwise. In a new report, it states that air conditions are improving. The same report also states that the Wichita Mountains in Southern Oklahoma, once a concern because of growing regional haze issues caused by coal-fired …

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Ten completion reports filed by Chaparral Energy

Ten completion reports were filed this week by Oklahoma City-based Chaparral Energy—5 each in Canadian and Garfield counties. Its best venture proved to be two wells drilled on the same pad located about a mile west of Yukon’s C.E. Page Airport located south of Interstate 40. Drilled at 28 12N 6W, the Andres 1206 wells …

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New CEO named at GPA Midstream Association

A new President and CEO is running Tulsa-based GPA Midstream Association. Joel Moxley, formerly the chief commercial officer for Southcross Energy Partners and Southcross Holdings was named this week. Moxley replaces Martk Sutton who retired in May after 37 years with the association. GPA Midstream Association represents companies that gather and process natural gas. “With …

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Oil and gas critic announces he’s leaving the legislature

A legislator known for his criticism of the oil and gas industry has announced he will not seek re-election. The announcement came this week from Oklahoma state Rep. David Perryman of Chickasha, a Democrat with a dislike for the energy industry. “After much consideration I have decided not to seek reelection in 2020,” he said …

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Permits to drill for July 22, 2019

Permits to drill for July 22, 2019. Carter County ALBERT #3-29H20X17, July 19 2019 29 3S 3E SWNWSWNW API: 01926335 Lat: 34.269038475557416, Long: -97.01974833205821 XTO ENERGY INC HH, AM, 24560 ft, SYCAMORE(12148), WOODFORD(12220), HUNTON(12424) Carter County ALBERT #1-29H20X17, July 19 2019 29 3S 3E SWNWSWNW API: 01926333 Lat: 34.269038476540615, Long: -97.01988072093168 XTO ENERGY INC HH, AM, 25000 …

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