September 16, 2019 archive

Permits to drill for September 16, 2019

Permits to drill for September 16, 2019. Canadian County JACOBS 23_14-13N-9W #7HX, September 16 2019 23 13N 9W NWSESESW API: 01725526 Lat: 35.58137390502246, Long: -98.12933183416672 DEVON ENERGY PRODUCTION CO LP HH, DR, 20572 ft, MISSISSIPPIAN(8895), WOODFORD(10458) Grady County MCBRYDE FIU #5-23-26XHW, September 16 2019 23 6N 5W NENENWNE API: 05124715 Lat: 34.98506867958929, Long: -97.69348904417244 CONTINENTAL RESOURCES INC …

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Completion reports for September 16, 2019

Completion reports filed for September 16, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian (less Chester): Oil 35 Gas 6995 Water 847 Flow 3 14N 13W Debbie 1413 5h-3x, May 01, 2019 HH, GAS, TD: 22635 ft Lat: 35.72451, Long: -98.56936 API: 35011241390000 CUSTER COUNTY Ehvi Exploration Llc Cherokee: Oil 6 Gas 2734 Water 2013 Flow 8 13N 20W Fransen 1h-8-17, February 06, 2019 HH, GAS, …

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Crippling drone attacks could result in higher gasoline prices

On the week, the national gas price average held steady at $2.56, but motorists can expect some volatility at the pump in the coming days and weeks. Over the weekend, Saudi Arabia experienced drone attacks on two major oil facilities – including the world’s largest, Abqaiq. The attacks have taken 5.7 million (crude) barrels per day off …

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Monthly economic report from Oklahoma Treasurer

Oklahoma State Treasurer Randy McDaniel released his monthly economic report for the month of September, one showing only modest economic growth in August. “Oklahoma’s economy is still expanding. While we continue to see economic growth, it’s not as robust as in previous months,” stated McDaniel. The report showed how receipts from gross production tax on …

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Oil and gas vs. EVs—-the fight is growing

The fight between the oil and gas industry and the electric car industry is growing. As POLITICO’s Morning Energy Report indicated on Monday, oil-backed groups are countering utilities’ plans to expand electric vehicle infrastructure with regulatory and lobbying campaigns against the proposals in at least 10 states so far, Pro’s Gavin Bade reports. The efforts, some …

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Pipeline firm finishes$1 billion in offering of notes

Houston’s Plains All American Pipeline, L.P. announced completion of a $1 billion underwritten public offering of senior notes. The company said the sale involved the 3.550% senior unsecured notes due December 15, 2029 at a public offering price of 99.801% with a yield to maturity of 3.572%. Total net proceeds of the offering were approximately …

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Ag groups celebrate end of WOTUS

The final nail in the coffin has been hammered for the 2015 Obama-era Waters of the United States rule, overturned officially by the US Environmental Protection Agency, Thursday, after a lengthy repeal process set in motion early on in the first days of the Trump Administration. Agriculture groups throughout the industry cheered the announcement from EPA Administrator Andrew …

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Airport canopies to produce electricity

One airport in Indiana has come up with the idea of solar canopies that are used to not only generate electricity but protect cars in the airport parking lot. The Evansville Regional Airport is in the process of constructing canopies over hundreds of parking spaces. The canopies will hold nearly 4,000 solar panels that will …

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Baker Hughes makes stock offering and formally changes name

Baker Hughes, a GE company announced Monday the closing of a secondary offering of 132.25 million shares of BHGE Class A common stock, par value $0.0001 per share by General Electric Company and GE Oil & Gas US Holdings I, Inc., GE Holdings, Inc. and GE Oil & Gas US Holdings IV, Inc. at a price to the public of $21.50 per share. This …

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Companies say they’re staying put in the Permian Basin of New Mexico

   Major oil and gas companies in the Permian Basin signaled their intent to stay in the region for decades, as production booms in southeast New Mexico and West Texas, and enact environmental policies to sustain the industry’s growth. The Carlsbad Current Argus reported several executives from national producers expressed their optimism during the Carlsbad …

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