November 8, 2019 archive

Rig counts slump more across the U.S.and hold steady in Oklahoma

Rig counts are down in nearly every oil and gas play in the U.S. as numbers dropped by five nationally to 817 in the past week. The number of oil rigs dropped by 7 to 684 while the number of gas rigs remained at 130. The total number of rigs is down 264 since a …

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Energy news in brief

**Houston’s Key Energy Services, Inc. reported a third quarter net loss of nearly $27 million or about $1.30 per share in the company, marking a second consecutive quarterly loss. Consolidated revenues were $106.5 million compared to $112.9 million and a net loss of $18.3 million reported in the second quarter of 2019. ** Xcel Energy-Colorado is running …

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Water management in the oil and gas industry to be focus of OKC conference

The second annual SCOOP and STACK Upstream and Midstream Water Management Conference will be held in December in Oklahoma City. One of the speakers will be Colby Tiffee, Director of Commercial Development at Alta Mesa Resources in Oklahoma City. The firm’s subsidiary, Oklahoma Energy Acquisitions LP is among one of the most active energy firms …

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Newspaper wants deeper review of North Dakota wind farm projects

A major newspaper in North Dakota argues the state should be more thorough in its review of proposed wind farm projects across the state. The commentary from the Bismarck Tribune comes as the state also deals with the impact of wind towers on military installations in North Dakota—much like Oklahoma’s situation where wind towers interfered …

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Quarterly losses continue for Mammoth Energy Services

Mammoth Energy Services, Inc. saw drops in revenue in nearly every one of its sectors of operations from the second to the third quarter of 2019 and compared to a year ago. The losses were not only reflective of what’s happening in the oil and gas industry but forced the company to suspend some of …

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Oklahoma medical research centers included in FBI review of scientists

  Even as a Chinese National remains jailed in Tulsa on charges of attempting to steal nearly $1 billion in Phillips 66 battery storage secrets in Bartlesville, the federal government has nearly 200 other investigations underway at major academic centers in the U.S. Representatives of at least three major medical research centers in Oklahoma say …

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New York sues firefighting foam makers

The companies that manufacture the firefighting foam blamed for contamination at military bases in the U.S. are being sued by New York Attorney General Letitia James. She has filed suit against 3M, DuPont and other chemical and firefighting foam manufacturers. James targeted them for their role in contaminating the water in several New York sites …

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Magistrate rules against church built on superfund site in Bristow

Five years after the Bristow Assembly of God was forced to move because its church was built atop a former refinery that became an EPA Superfund site, the church is still fighting in court. But it has experienced at least one setback. A Tulsa Federal Court Judge recently granted a protective order to the oil …

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Court order against Oklahoma hacker upheld in appeals court

The organizer of a computer attack on the Oklahoma City business Astronomics that resulted in the shutdown of its website lost his appeal of being ordered to repay more than $27,000 to the business. David Goodyear appealed his 2018 conviction in Oklahoma City federal court of causing intentional damage to a protected computer. But the …

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Houston firm is like the Energizer Bunny in Oklahoma’s STACK

Houston’s Oklahoma Energy Acquisitions LP is like the Energizer Bunny—-it just keeps drilling and drilling and drilling in Oklahoma’s STACK. The latest example were completion reports filed by the company on three wells in Kingfisher County and another three in adjacent Major County. Two wells were on a pad about 7 miles east of Kingfisher …

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