July 2019 archive

EPIC Midstream under new leadership

EPIC Midstream Holdings, LP, the San Antonio company with major crude pipelines across the Permian Basin and the Eagle Ford is under new leadership. Brian Freed has been appointed President of the Company. Mr. Freed will report to Phillip Mezey, Chief Executive Officer of EPIC. “We are pleased to announce that Brian has joined EPIC …

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National Oilwell Varco reports increased earnings despite oilfield downturn

National Oilwell Varco, Inc., the Houston, Texas company with operations throughout Oklahoma reported second quarter 2019 revenues of $2.13 billion, an increase of 10 percent compared to the first quarter of 2019 and an increase of one percent from the second quarter of 2018. Net loss for the second quarter of 2019 was $5.39 billion, …

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Little earnings growth reported by ConocoPhillips in 2Q

ConocoPhillips  reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share. Excluding special items, second-quarter 2019 adjusted earnings were $1.1 billion, or $1.01 per share, compared with second-quarter 2018 adjusted earnings of $1.3 billion, or $1.09 per share. Special items for the …

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Increased earnings reported by ONE Gas

ONE Gas, Inc. in Tulsa announced second quarter 2019 earnings this week including net income of $24.5 million or 46 cents a diluted share. It was an increase from the $20.4 million and 39 cents a share reported in the second quarter of 2018. The company stated that its net income so far in 2019 …

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Amazon to start hiring for 1,500 jobs in OKC

Hiring has started for Amazon’s first fulfillment center in Oklahoma City. The company will take applications from Aug. 2 to Sept. 19 to fill more than 1,500 warehouse jobs in Oklahoma City. The Center is located at 9201 S Portland and pay will range from $15 to $17.80 an hour. Amazon eventually expects to have …

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Permits to drill for July 29, 2019

Permits to drill for July 29, 2019. Alfalfa County LEAMON 29-27-11 #4H, July 29 2019 32 27N 11W NWNWNWNW API: 00323381 Lat: 36.78201721384113, Long: -98.4135708797483 BCE-MACH LLC HH, DR, 10654 ft, MISSISSIPPIAN(5311) Canadian County WHIRLAWAY 33-4-11-7 #1MXH, July 29 2019 33 11N 7W SWSESENW API: 01725499 Lat: 35.385054731750486, Long: -97.94736052842798 ROAN RESOURCES LLC HH, DR, 17712 ft, …

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Completion reports for July 29, 2019

Completion reports filed for July 29, 2019. BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10016): Oil 1148 Gas 3940 Water 969 Flow 25 17N 12W Faith Marie 36_1-16n-12w 2hx, November 02, 2018 HH, OIL, TD: 20321 ft Lat: 35.91350, Long: -98.42909 API: 35011239570000 Devon Energy Production Co Lp Mississippian(11715): Oil 303 Gas 2139 Water 2097 Flow 24 15N 12W Sweetgum 24_13-15n-12w 1hx, November 30, 2018 HH, …

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Phone bills going up

  From the Tulsa World: Oklahoma AT&T customers will notice an increase on their phone bills this month. Their contribution to underwrite the Oklahoma Universal Service Fund rose almost five times, effective July 1. AT&T recently notified the Corporation Commission that it would raise the OUSF rate from 75 cents a month to $3.91 a …

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Democrats oppose moving BLM headquarters to Colorado

  Democrats in the U.S. House don’t like the Trump administration’s plans to move the Bureau of Land Management headquarters from Washington, D.C. to Grand Junction, Colorado. They’ve ordered congressional hearings to be held in September. The House Natural Resources Committee chairman, Rep. Raul M. Grijalva (D-Ariz.) scheduled a morning hearing for Sept. 10 on …

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New rules to take effect at Oklahoma Corporation Commission

New rules adopted by the Oklahoma Corporation Commission take effect this week. They apply to Transportation and Petroleum Storage Tank rules and go into effect on Aug. 1.     The attached Petroleum Storage Tank Rules are searchable and will become Effective August 1, 2019.They will be posted on the Commission’s website on August 1, …

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