February 7, 2020 archive

Permits to drill for February 7, 2020

Permits to drill issued on February 7, 2020. Grady County: 05 6N 5W, 4 permits to Marathon Oil. Co. Grady County: 24 3N 5W to Continental Resources Inc. Blaine County: 23 15N 11W to Vista Disposal Solutions

Permits to drill for February 6, 2020

Permits to drill for February 6, 2020. Permits approved; Dewey County : 11 15N 19W, Mewbourne Oil Co. Canadian County: 07 10N 5W, Citizen Energy iii LLC Kingfisher County: 15 15N 8W. Six permits to IVINTIV Mid-Continent. Major County: 16 21N 12W, Staghorn Petroleum II,LLC Carter County: 18 2S 2W, Continental Resources Inc. McClain County: 33 …

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Completion reports for February 7, 2020

Completion reports filed for February 7, 2020. CARTER COUNTY Citation Oil & Gas Corporation Deese: Oil 25 Water 80 Pump 19 1S 3W Countyline Ut. (Jordan #1) 27-1b, November 08, 2018 SH, OIL, TD: 5360 ft Lat: 34.44959, Long: -97.54603 API: 35019032860001 ELLIS COUNTY Fourpoint Energy Llc Cleveland(8958): Oil 337 Gas 1188 Water 710 Flow 19 18N 25W Wayland 18×7-18-25 2hd, May 04, 2019 HH, …

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Oil and gas rig numbers slide in Oklahoma

While the North American rig count held steady over the past week, the number of rigs active in Oklahoma dropped. Oklahoma’s county fell by three to 50 working oil and gas rigs. A year ago, there were 120 rigs reported in the state, according to the Baker Hughes Co. The national count remained unchanged at …

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Energy news in brief

** Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro’s chief opponent at the White House, according to family members of the men. Alirio Zambrano said early Thursday that the executives of Houston-based Citgo were abruptly taken from their homes last night …

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$28 million quarterly loss reported by Matrix

Tulsa-based Matrix Service Company reported a $28 million loss in the second quarter of its fiscal year and as a result, the company’s stock price dropped 35% on Wall Street. Revenue for the second quarter totaled $318.7 million compared to $340.6 million a year earlier. The loss amounted to $1.04 per share compared to earnings …

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Eastern Colorado power line is finished and operational

A transmission line to bring electricity powered by wind farms in eastern Colorado became operational this week providing electricity for the Denver area. Xcel Energy, the largest utility in Colorado announced completion and energization of the 345-kilovolt Pawnee-Daniels Park transmission line located near Brush, Colorado. The Pawnee-Daniels Park transmission line runs 125 miles between the …

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Investor in lines feeding Cushing backs off putting money in midstream operations

The growing list of investors hesitant to put their money into the oil and gas industry now includes Energy Capital Partners LLC. The New Jersey based firm, with investments in crude oil pipelines and rail systems that feed the Cushing storage farm is pausing new pipeline deals, according to a Bloomberg report. The private-equity firm’s …

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$2 billion wind farm plan proposed by AEP and PSO

  American Electric Power Co. Inc., one of the nation’s largest utility companies and highest-profile emitters, is facing yet another multibillion-dollar test to see how fast it can shift from coal to renewables. This time, it looks like AEP might succeed according to a report by Energy Wire. A roughly $2 billion proposal in the …

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ODOT awards $144 million in new highway contracts including more for I-35 repairs

The Oklahoma Department of Transportation Commission has awarded $144 million in 36 contracts for highway repairs and improvements in 28 counties. Drivers should also get ready for more construction slowdowns on Interstate 35. Contracts were awarded for projects in Alfalfa, Blaine, Carter, Cleveland, Custer, Dewey, Garvin, Haskell, Johnston, Kay, LeFlore, Logan, Love, McClain, McCurtain, McIntosh, …

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