ONEOK, Inc. announced higher second-quarter 2019 financial results, compared with the second quarter 2018, and maintained 2019 financial guidance. The company saw an 11 percent increase in net income to $312 million or 75 cents per diluted shares compared to the first quarter of 2019. Its adjusted EBITDA totaled $632.4 million which was a 5 …
Baker Hughes Co. reported increased second quarter 2019 revenue of $6 billion, up 7 percent from the first quarter and 8 percent better than a year ago. The company said it had orders totaling $6.6 billion which was a 15 percent increase over the previous quarter and 9 percent more than the second quarter of …
Devon Energy scored big in Kingfisher County, one of the three major counties comprising the STACK. The company reported two multi-well sites on a single pad this week out of the Mississippian formation with the largest well producing nearly 2,100 barrels of oil a day. But the six wells, sitting in adjacent sections had combined …
Permits to drill issued for July 30, 2019. Canadian County BARBOUR 1-10-7 #1H, January 30 2018 12 10N 7W NWNWNWNW API: 01725169 Lat: 35.36202383563496, Long: -97.90098319931126 ROAN RESOURCES LLC HH, AM, 15798 ft, MISSISSIPPI LIME(10550) Kingfisher County BIEHLER #1709 3H-29X, July 29 2019 20 17N 9W SENWSESW API: 07326612 Lat: 35.92952219081386, Long: -98.18594893235576 NEWFIELD EXPLORATION MID-CON …
Completion reports for July 30, 2019. KINGFISHER COUNTY Devon Energy Production Co Lp Mississippian (less Chester)(9132): Oil 593 Gas 1469 Water 709 Flow 1 15N 9W Geis 1-15n-9w 6h, October 24, 2018 HH, OIL, TD: 14760 ft Lat: 35.79860, Long: -98.10377 API: 35073259470000 Devon Energy Production Co Lp Mississippian (less Chester)(9148): Oil 622 Gas 1137 Water 286 Flow 1 15N 9W Geis 1-15n-9w 5h, October 17, …
For a second time, a U.S. District Judge in Tulsa has ordered a lawsuit filed against energy companies blaming them for causing a 5.8 magnitude earthquake near Pawnee, Oklahoma, to be sent back to a Pawnee County District Court. Judge Gregory K. Frizzell issued the ruling this month in a lawsuit filed in 2016 by …
Osaka Gas Co Ltd announced it intends to buy U.S. shale gas developer Sabine Oil and Gas Corp for $610 million as the Japanese company looks to expand its overseas business for future growth, according to a Reuters report. The deal marks the first acquisition of a U.S. shale gas developer by a Japanese …
Cummins Inc. today reported record results for the second quarter of 2019 but company leaders also believe revenue for the rest of the year will be flat. Second quarter revenues of $6.2 billion for the engine builder with operations in Oklahoma City, increased 1 percent from the same quarter in 2018. Increased truck production in …
Oklahoma City-based LSB Industries, Inc. announced increased net sales and net income for the second quarter ended June 30, 2019. The company leadership reported an unprecedented operating performance for the quarter. Net sales increased 18% to $121.5 million for the second quarter of 2019, compared to net sales of $103.2 million for the second quarter …
BioKansas, the state’s life science trade organization, announced that its Board of Directors has appointed Sonia Hall, PhD as President & CEO effective immediately. “After a comprehensive nationwide search, we are fortunate to have someone of Dr. Sonia Hall’s ability and experience step up to lead BioKansas. She is a strong advocate of our mission …
