Houston’s Anadarko Co. and the former Kerr McGee company it acquired are likely to face penalties from Colorado oil and gas regulators more than two years after a home explosion in Firestone killed two men. The Colorado Oil and Gas Conservation Commission announced this week it was preparing to issue a notice of an alleged violation …
October 2019 archive
Big leap in 3Q earnings for Williams
Tulsa-based Williams reported third quarter 2019 earnings that saw big jumps in improvements, going up 71 percent or $91 million as net income available to common stockholders was $220 million. The company said income so far this year reached $308 million, a 74 percent increase. To say the least, the company called them “strong results.” …
Keystone pipeline oil leak in North Dakota
North Dakota officials are dealing with a leak in the original Keystone pipeline, one that passes through Oklahoma and six other states as it carries oil to Gulf coast refineries. The leak covers a quarter-mile swath near the town of Edinburg in Walsh County. Operations were shut down by the pipeline owner TC Energy and …
Completion reports for October 30, 2019
Completion reports filed on October 30, 2019. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian(7220): Oil 417 Gas 806 Water 1489 Pump 9 14N 5W Carter 5-16mh, October 01, 2018 HH, OIL, TD: 12830 ft Lat: 35.69781, Long: -97.73606 API: 35017252240000 COAL COUNTY Canyon Creek Energy Operating Llc Woodford(6764): Oil 86 Gas 379 Water 750 Gas Lift 2 2N 8E Boles 1-2/11/14h, April 13, 2018 HH, …
Permits to drill for October 30, 2019
Permits to drill issued for October 30, 2019. Canadian County HONEY SPRINGS 1109 2-35 #1MXH, August 28 2019 11 11N 9W NENENENE API: 01725513 Lat: 35.44927614686431, Long: -98.11504918804897 CAMINO NATURAL RESOURCES LLC HH, AM, 22684 ft, MISSISSIPPI LIME(11850), MISSISSIPPIAN(12078), WOODFORD(12403) Comanche County CLO #1-13, October 30 2019 13 3N 10W CNWNE API: 03121568 Lat: 34.7372005641967, Long: -98.20171168660899 …
Falling rig counts starting to impact Oklahoma’s jobless figures
The slowdown in rig activity in Oklahoma is apparently starting to be felt in some areas of the state when it comes to employment, according to the September figures from the Oklahoma Employment Security Commission. The Commission showed that oil and gas employment in Oklahoma City actually increased by 300 from August 2019 to September …
Oil production up for Continental Resources but net income was down in 3Q
While oil production was up in the third quarter for Oklahoma City’s Continental Resources Inc., the firm’s $158.2 million in net income or 43 cents a share was down markedly from a year ago when net income was $314 million. The company reported its adjusted net income for the 2018 third quarter was $199.4 million, …
Energy news in brief
** This week’s bankruptcy of Murray Energy, the biggest privately owned coal company in the U.S. left retired coal miners wondering about the status of their pensions. Murray is the last large coal operator to pay into the pension fund of the United Mine Workers of America. Some believe Chapter 11 bankruptcy will allow the …
Military wants to curtail wind farm growth around nuclear missile sites
Months after Oklahoma settled issues with wind farm developers to prevent construction too close to military installations, now the military wants five other states to adopt similar rules. But this time, the rules would prevent wind turbines close to nuclear missile arsenals. The Associated Press reported the military wants to prevent conflicts between the wind …
Wisconsin wants to protect oil and gas firms from trespassing protesters
A Senate committee in Wisconsin is following Oklahoma’s effort at targeting protesters who trespass onto land owned by oil and gas companies and pipelines. It has approved bipartisan legislation to make it a felony. The Senate Committee on Judiciary and Public Safety approved the measure this week and sent it to the full Senate. A …