November 2019 archive

Permian investments falter for billionaire Texas brothers

Permian billionaire investors Farris and Dan Wilks in North Texas might be wondering about where they put their money after at least one company has filed bankruptcy, another is considering it and others have faltered in the past few years. Some of those investments have Oklahoma connections. The two became billionaires when they sold their …

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Oilman among honorees in Oklahoma Hall of Fame

Oklahoma oilman James C. Day was one of eight persons inducted this month into the Oklahoma Hall of Fame. The Pond Creek native spent 44 years in the energy sector including 14 years at ONEOK. He spent 30 years at Noble Corporation where he was Chairman of the Board, Chief Executive Officer and President. He, …

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Completion reports for November 21, 2019

Completion reports filed for November 21, 2019. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian (less Chester)(7992): Oil 686 Gas 4163 Water 1154 Pump 31 13N 5W Russell 1305 4-31mh, June 07, 2019 HH, OIL, TD: 13114 ft Lat: 35.56495, Long: -97.77348 API: 35017253940000 Red Bluff Resources Operating Llc Mississippian(7194): Oil 337 Gas 795 Water 1935 Pump 15 14N 5W Mcginnis 2-15mh, February 24, 2019 HH, …

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Permits to drill for November 21, 2019

Permits to drill issued on November 21, 2019. Alfalfa County FORTRESS #1-25, November 20 2019 25 26N 11W CSWNESE API: 00321937 Lat: 36.69999271561471, Long: -98.32764111363952 CHESAPEAKE OPERATING LLC SH, RC, 6920 ft, SIMPSON(6350), ARBUCKLE(6570) Canadian County LECK UNIT #1, November 21 2019 21 13N 10W CSW API: 01720237 Lat: 35.58395842282235, Long: -98.27342680570372 BAKER BRENT OIL & GAS …

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The energy industry the day JFK was assassinated

It was 56  years ago Friday when President John F. Kennedy was assassinated while riding in a motorcade in downtown Dallas. November 22, 1963. What was the energy industry like in those days?  A gallon of gas cost only 30 cents. Sounds cheap doesn’t it. But analysts say it’s not as cheap as it sounds …

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Resignation by board member at Mammoth Energy

Mammoth Energy board member Paul K. Heerwagen IV resigned this week, according to a Securities and Exchange Commission filing made by the Oklahoma City-based company. His resignation was made immediately in a letter dated November 18, 2019. The filing indicated the unvested restricted stock units granted under the Company’s 2016 Equity Incentive Plan to him …

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Energy news in brief

** Residents and environmental groups in Wisconsin have submitted petitions with more than 1,100 signatures asking an electric cooperative to drop plans for a new natural gas plant near La Crosse. **  In Missouri, a court has ruled a St. Louis natural gas company wrongly collected $4 million in unjustified surcharges from customers tied to …

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Study blames fracking for earthquakes in Eagle Ford play of South Texas

Just as scientists studied earthquakes in Oklahoma and blamed the surge in seismic activity on oil and gas wells and disposal wells, another new study is making a similar claim of earthquake activity in the Eagle Ford Shale of South Texas. The study by researchers with Miami University in Ohio and the U.S. Geological Survey …

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Yucca Mountain bill wins US House Committee approval

Oklahoma Congressman Markwayne Mullin and others on the House Energy and Commerce Committee voted this week in support of a bill designed to restart the Yucca Mountain nuclear waste licensing process in Nevada. It was a unanimous voice vote but observers believe the bill by Illinois Republican Rep. John Shimkus will have a difficult time …

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No more wind farms in one Iowa county

Leaders of Adair County in southwest Iowa have voted to put a cap in the number of wind farms. Radio Iowa reports it is Adair County where the Board of Supervisors voted this week in support of an amendment to its Wind Energy Ordinance.   The amendment caps the number of commercial wind turbines or …

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