August 11, 2019 archive

Cheniere Energy reports drop in net income

As it works toward completion of a nearly $1 billion new pipeline in Oklahoma’s STACK and SCOOP plays, Houston’s Cheniere Energy Partners L.P. reported a second quarter drop in net income of $232 million. The company had net income of $281 million in the second quarter of 2018. The firm’s net income for the six …

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More investors sought by rig-maker Helmerich and Payne

Tulsa’s Helmerich & Payne, Inc. announced that Dave Wilson, Director of Investor Relations, will attend the Susquehanna Energy, Industrials & Airline Conference on Tuesday, August 13, 2019 in New York City and the 2019 Heikkinen Energy Conference on Wednesday, August 14, 2019 in Houston, Texas. The investor slides to be used during the conferences will …

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Tulsa based coal mining firm to close operations at a Kentucky mine

Tulsa’s Alliance Resource Partners, L.P. announced it is shutting down operations of one of its coal mines where operations started in 1969. The company announced coal production will end August 16 at the Dotiki Mine in Webster County, Kentucky. “Unfortunately, weak market conditions made this action necessary,” said Joseph W. Craft III, Chairman, President and …

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Nustar Energy to seek more investors

San Antonio’s NuStar Energy L.P., the company with 9,800 miles of 9,800 miles of pipeline throughout Oklahoma, Texas, Colorado and New Mexico will take part in a conference seeking new investors. Brad Barron, President and Chief Executive Officer will be joined by Tom Shoaf, Executive Vice President and Chief Financial Officer at the 2019 Citi …

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Sierra Club comes out against expansion of Spiro coal mine

A coal mining company recently submitted an application to the Bureau of Land Management (BLM) to expand the existing Pollyanna No. 8 active coal mine across “270 acres of additional Federal coal reserves located approximately 2 miles east of the town of Spiro, Oklahoma.” It is estimated that this mine expansion, requested by Georges Colliers, …

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Increased highway funding in Sen. Inhofe’s transportation bill

Oklahoma transportation officials are closely watching a funding bill moving through Congress, according to a report by KOSU’s Michael Cross. The measure by Senator Jim Inhofe has the potential to bring the Oklahoma Department of Transportation $4.2 billion dollars over five years – an increase of $100 million more than 2015. ODOT Director Tim Gatz …

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NASA’s Bridenstine talks of more missions to Mars

NASA Administrator Jim Bridenstine is as excited as ever about doing more exploration on Mars especially after seeing the latest photographs from the Mars Curiosity rover. In a weekend interview on Fox News, the former Tulsa U.S. Representative said President Trump is committed to the same. He told an interviewer that one of the next …

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Chaparral reports more than 9,000 barrels of oil from 9 wells in Canadian County

Some of the most recent completion reports filed with the Oklahoma Corporation Commission show Oklahoma City-based Chaparral Energy drilled 9 wells on a single pad in Canadian County resulting in combined production of nearly 9,800 barrels of oil a day. All 9 were Foraker 1207 wells located approximately 2 miles east of El Reno and located …

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Permits to drill for August 8, 2019

Permits to drill filed for August 8, 2019. Grady County GALVIN #4-22-15XHW, August 06 2019 22 6N 5W NENESESW API: 05124687 Lat: 34.97420909117697, Long: -97.71546121299946 CONTINENTAL RESOURCES INC HH, AM, 20031 ft, MISSISSIPPIAN(12069), WOODFORD(12296), HUNTON(12485) Kingfisher County GOVERNOR PEASE 19-07-18 #1MH, August 08 2019 07 19N 7W SESESESE API: 07326613 Lat: 36.13157980368893, Long: -97.98003462900935 CHISHOLM OIL & …

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Permits to drill for August 7, 2019

Permits to drill filed for August 7, 2019. Beaver County CAMRICK UNIT #2112, August 07 2019 21 1N 20E SWNESWNE API: 00735357 Lat: 36.53854825971083, Long: -100.90686667609609 PERDURE PETROLEUM LLC SH, RC, 7270 ft, MORROW SAND UP(7206) Canadian County OMAHA 28-33-4-11-7 #5MXH, August 07 2019 21 11N 7W NWSWSESE API: 01725500 Lat: 35.40721170377432, Long: -97.94084892986305 ROAN RESOURCES LLC …

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