October 2019 archive

Oklahoma’s jobless rate remains unchanged for September

Despite a slowdown in Oklahoma’s oil and gas fields, the state’s jobless rate for September remained unchanged at 3.2 percent according to an announcement by the Oklahoma Employment Security Commission. September’s rate was the same for the past five months. It also meant Oklahoma’s employed force grew 4,763 since May, reaching a total of 1,791,305 …

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Energy news in brief

  ** Kansas City-based Evergy, Inc. plans to release its 2019 third quarter earnings report on Wednesday, Nov. 6 after the close of market. A quarterly conference call and audio webcast will be held the next day at 9 a.m. Central Time. **  Tallgrass Energy, LP based in Kansas City will close its Pony Express …

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Oklahoma’s rig count slumps again

A year ago, there were 141 oil and gas rigs drilling in Oklahoma. As of this week, the count has dwindled to only 60 rigs. The state’s count dropped by two in the past week. The numbers are starting to affect the state’s treasury as OK Energy Today has reported. Nationally, the rig count slid …

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Completion reports for October 18, 2019

Completion reports issued for October 18, 2019. ATOKA COUNTY Longfellow Energy Lp Arkansas Novaculite(8686): Gas 237 Water 33 Flow 35 1N 14E Ertman Unit 35-3, November 18, 2018 SH, GAS, TD: 9600 ft Lat: 34.51924, Long: -95.80933 API: 35005204410000 GARVIN COUNTY Ranken Energy Corporation 7 3N 2W Donna 1-7, January 06, 2019 SH, PLUG, TD: 8350 ft Lat: 34.74446, Long: -97.44223 …

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Permits to drill for October 18, 2019

Permits to drill for October 18, 2019. Canadian County KNIGHT 1408 #3-9-4MXH, October 18 2019 09 14N 8W NESWSESW API: 01725546 Lat: 35.69743388124806, Long: -98.05971971840503 MARATHON OIL COMPANY HH, DR, 19660 ft, MISSISSIPPIAN(9714) Canadian County KNIGHT 1408 #2-9-4MXH, October 18 2019 09 14N 8W NESWSESW API: 01725545 Lat: 35.69750255886233, Long: -98.05971971300244 MARATHON OIL COMPANY HH, DR, 19585 …

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Bison lands another long-term water contract

Oklahoma City’s Bison has announced yet another long-term oil-field water contract, this time with Oklahoma City-based Chaparral Energy. Under the 15-year agreement, Bison will manage all of Chaparral’s produced water logistics across the STACK and SCOOP plays. It means Bison trucks will be hauling water from a nearly 1.9 million acre area of Canadian, Grady …

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Chesapeake Energy declares dividend

Oklahoma City’s Chesapeake Energy Corporation announced its board of directors has declared dividends ranging from a low of $1.125 up to more than $14 a share depending on the stock. The high point was $14.375 for the 5.75% Series A and will be payable Nov. 15 to those shareholders of record as of Nov. 1, …

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Holly Energy Partners expects cash distributions to remain same for 2020

With crude oil operations in Oklahoma and eight other states, Holly Energy Partners, L.P. announced a cash distribution for the third quarter of the year. And the distribution is unlikely to change in the coming year. The Dallas-based company declared a distribution of $0.6725 per unit, same as the distribution declared for the second quarter …

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Blueknight Energy Partner announces quarterly distribution

Tulsa-based Blueknight Energy Partners, L.P. has declared a quarterly cash distribution of 4 cents on its common units and $0.17875 on the Partnership’s preferred units. The board of directors made the declaration. The third quarter distributions were the same as those declared for the second quarter of 2019. The distributions will be payable on Nov. …

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US Senate rejects Democratic effort to return to Obama era climate regulations

The U.S. Senate rejected a move by Democrats to overturn the Trump Administration’s reversal of the Obama-era climate regulations prompting Sen. Jim Inhofe to accuse them of trying to derail Trump’s agenda for no reason. The vote was 53-36 with Sens. Inhofe and James Lankford of Oklahoma voting against the proposed reversal. In a statement, …

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