January 2020 archive

Inhofe says Iran doesn’t have resources for all-out war

While millions wonder if Iran and the U.S. will actually engage in an all-out war, Oklahoma U.S. Sen. James Inhofe doesn’t think it will happen. In an interview on Fox News, the Republican chairman of the Senate Armed Services Committee explained Iran doesn’t have the resources for such a violent effort against U.S. forces. “First …

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Completion reports for January 7, 2020

Completion reports filed for January 7, 2020 BLAINE COUNTY Continental Resources Inc Mississippian(10732): Oil 577 Gas 5289 Water 1060 Flow 1 16N 13W Smoot Quarter Fiu 1-1h, October 11, 2019 HH, OIL, TD: 15408 ft Lat: 35.89823, Long: -98.54147 API: 35011238560001 Continental Resources Inc Mississippian(10743): Oil 543 Gas 6064 Water 2823 Flow 2 16N 13W Knutson 3-2-11xhm, October 20, 2019 HH, OIL, TD: 20736 ft Lat: …

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Permits to drill for January 7, 2020

Permits to drill issued on January 7, 2020. Lincoln County PLUTO #1-2H, January 07 2020 35 15N 4E NESESESE API: 08123842 Lat: 35.72574027949729, Long: -96.84111070667451 PRAIRIE GAS COMPANY OF OKLAHOMA LLC HH, RC, 9630 ft, PRUE(3711) Lincoln County VESTA #1-14H, January 07 2020 15 14N 4E SESESESE API: 08123944 Lat: 35.68142773334108, Long: -96.85883786634405 PRAIRIE GAS COMPANY OF …

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Former OU President buys $27 million Colorado ranch

The former oil and gas executive who was the 14th President of the University of Oklahoma is back in the news.  No, not for another public spat with former OU PResident and US Senator David Boren over University finances. This time, James L. Gallogly has made the news for his $27 million purchase of a …

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Energy news in brief

** Chevron said Monday it will pull its employees out of Iraq temporarily amid an escalation in tensions following the United States’ targeted killing of Iran’s top military general. Chevron said it was evacuating its workers and contractors from the Kurdistan Region in northern Iraq after the U.S. State Department urged Americans to flee Iraq because of …

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Hamm predicts $75 oil in next six months

“I think we’re probably headed for $75 oil price in the next six months.”  Harold Hamm interview on CNBC. Not only is Oklahoma oilman Harold Hamm not consumed about the killing of an Iranian general and its effect on the world’s oil and gas industry, he’s predicting U.S.  oil prices will jump 19% in the …

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Kansas utility’s solar fee sends customers packing

A new solar demand fee implemented in 2018 by Kansas-based Evergy has resulted in a big drop in sales for the company. As the Energy News Network discovered, the number of customers seeking to connect solar panels in eastern Kansas plunged in 2019. Evergy, the state’s largest electric utility, instituted the demand fee on residential …

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Laredo moves to improve debt

Tulsa’s Laredo Petroleum has launched a nearly $1 billion effort to refinance its debt. In an announcement this week, the company offered $900 million in different senior unsecured notes including $450 million in notes due 2025 and another $450 million in notes due 2028. Laredo stated it will use the net proceeds to finance its …

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Energy Transfer cuts jobs in Tulsa and OKC

Energy Transfer’s finalized acquisition of SemGroup Corp. means 108 workers at the company’s offices in Tulsa and Oklahoma City are losing their jobs. The Dallas-based company sent a notice to the Oklahoma Office of Workforce Development of the layoff of 108 workers. The layoffs were the result of the purchase of SemGroup Corp. which was …

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Another stretch of OKC’s Kilpatrick Turnpike set for partial opening

Motorists will find another stretch of Oklahoma City’s Kilpatrick Turnpike to be open this week as the State Turnpike Authority plans a ribbon-cutting ceremony on Thursday. The 7.5 million extension from the west side of Oklahoma City at I-40 will reach to state highway 152 or Airport Road into the southwest side of the city. …

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