February 10, 2020 archive

Permits to drill for February 10, 2020

Permits to drill issued on February 10, 2020. Canadian County: 03 12N 7W by Camino Natural Resources LLC. McClain County: 04 8N 4W by Wildcat SWD 1 LLC. Noble County: 04 24N 1W by KODA Operating LLC. McClain County: 06 6N 3W by Native Exploration Operating LLC. Dewey County: 14 17N 20W by Overflow Energy …

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Completion reports for February 10, 2020

Completion reports filed for February 10, 2020. BECKHAM COUNTY Fourpoint Energy Llc Missourian- Missourian (up Granite Wash): Oil 606 Gas 4628 Water 1431 Flow 26 11N 25W Artie 26×23-11-25 1ha, July 21, 2018 HH, OIL, TD: 22155 ft Lat: 35.39393, Long: -99.82017 API: 35009219910000 BLAINE COUNTY Acacia Exploration Partners Llc Mississippian(10548): Oil 1039 Gas 3847 Water 1302 Flow 25 16N 12W Watonga 1-19h, September 10, 2019 …

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Coal mining executive acquires more company shares

A Securities and Exchange filing by Tulsa-based Alliance Resources Partners, LP, one of the largest coal-mining firms in the U.S. showed acquisition of company shares by an Alliance executive. Robert G. Sachse, Executive Vice President at Alliance acquired 42,601 shares in direct ownership and now owns a total of 185,710 shares in the company. He …

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Technical conferences rescheduled at Oklahoma Corporation Commission

    The rulemaking technical conferences for Chapters 5 and 10 that were previously scheduled for February 5th are rescheduled to Tuesday, February 18th, 2020 at 10:00 AM in Courtroom 301, Jim Thorpe Office Building, 2101 N. Lincoln Blvd., Oklahoma City, Oklahoma. The Chapter 5 rules (in Cause No. RM 202000003) will be discussed first, followed …

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Gasoline prices keep sliding at the pumps

Gasoline prices keep sliding, not just in Oklahoma but across the nation where the average is now $2.43, a drop of 16 cents a gallon in the past year. Oklahoma’s average price is $2.13, down five cents in the past week and 15 cents lower than a month ago. A year ago, the state’s average …

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Head of Houston ship channel says urge expansion is needed

Testifying recently before Congress, Ric Campo, Chairman of the Port Houston in Texas called for quick action to widen and deepen the Houston Ship Channel. He testified before the U.S. House Committee on Ways and Means and its subcommittee on Trade. Campo stressed the economic impact of the Houston Ship Channel, the busiest waterway in …

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Quarterly cash distribution declared by Enable Midstream

  Enable Midstream Partners, LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.3305 per unit on all outstanding common units for the quarter ended Dec. 31, 2019. The distribution is unchanged from the previous quarter. The quarterly cash distribution of $0.3305 per unit on all outstanding …

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Energy news in brief

** Indigenous advocates are set to continue opposing the Keystone XL pipeline, which could begin construction in Montana, South Dakota, and Nebraska this month. **The Justice Department ended an antitrust investigation into whether Ford, Volkswagen, Honda and BMW illegally coordinated last year when they agreed to follow California’s stringent vehicle fuel-economy targets. ** The Senate Energy and Natural …

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Green River Basin feeling impact of oil and gas slowdown

The slowdown in the oil and gas industry is hitting Wyoming energy companies.  Some have filed for bankruptcy and others are shutting down exploration in 2020. It’s also happening in an area where some Oklahoma energy companies have oil and gas exploration underway. Midstream companies based in Oklahoma City and Tulsa also carry oil out …

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New Mexico State House pushes transmission line expansion bill

The state House in New Mexico approved a bill over the weekend to expand electricity transmission lines in the state. The measure passed on a 48-21 vote on Saturday after a two-hour debate. HB 50 would make transmission line projects eligible for Industrial Revenue Bonds (IRBs) issued by counties and municipalities. The bill’s proponents argued …

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