Permits to drill issued on March 10, 2020. Beckham County BLEVINS 16X9-11-26 #1HC, March 06 2020 21 11N 26W SENWNENE API: 00921998 Lat: 35.42079251584549, Long: -99.9492537420312 FOURPOINT ENERGY LLC MU, AM, 22009 ft, GRANITE WASH UP (MO)(10720) Canadian County MATTERHORN 1207 #2SMH-12, February 21 2020 12 12N 7W SWSWSWSE API: 01725606 Lat: 35.52295060371871, Long: -97.89218776672925 CHAPARRAL ENERGY …
March 10, 2020 archive
Completion reports for March 10, 2020
Completion reports filed for March 10, 2020. ALFALFA COUNTY Bce-mach Llc Mississippian(5343): Oil 231 Gas 829 Water 552 Gaslift 32 27N 11W Leamon 29-27-11 4h, September 02, 2019 HH, OIL, TD: 10382 ft Lat: 36.78201, Long: -98.41357 API: 35003233810000 Bce-mach Llc Mississippian: Oil 567 Gas 3051 Water 2214 Gaslift 24 25N 11W Neff 24-25-11 1h, September 12, 2019 HH, OIL, TD: 10857 ft Lat: 36.62355, Long: …
Explanation for share disposal by Chesapeake executives
A correction to one of our stories earlier this week about top executives of Chesapeake Energy disposing of more than 400,000 company shares. As the SEC filings indicated, “These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock award.” The forfeiture …
Energy news in brief
** Honolulu city officials, lashing out at the fossil fuel industry in a climate change lawsuit filed Monday, accused oil producers of concealing the dangers that greenhouse gas emissions from petroleum products would create, while reaping billions in profits. ** A federal judge on Monday rejected a green group’s bid to block the Trump administration’s rewrite of rules implementing a bedrock environmental …
Oklahoma House members support challenge of court’s refinery ruling
Three of Oklahoma’s members in the U.S. House had urged the Trump administration to consider filing an appeal to a Denver Federal court ruling that went against a small refinery in southern Oklahoma. Reps. Kevin Hern, Tom Cole and Markwayne Mullin, all Republicans sent the letter to Andrew Wheeler, Administrator of the Environmental Protection …
Senate Republicans worry about impact of oil collapse
Oklahoma U.S. Senator Jim Inhofe was among Senate Republicans expressing concern over this week’s oil crash. He and the others also explained they were unsure of what they could do in response. Inhofe called the crash “the worst I’ve seen” and expressed fear it would be “an absolute disaster, economically, for our state and the nation.” …
AG joins others in fighting California animal law
Attorney General Mike Hunter has joined a brief in support of the National Pork Producers Council and the American Farm Bureau Federation in their lawsuit against the state of California’s Proposition 12 rule that they claim burdens every farmer, rancher and consumer of U.S. agricultural products. The brief, signed by 15 state attorneys general, …
SEC filing shows Devon Director acquired more company shares
A filing with the Securities and Exchange Commission shows Devon Energy board member Keith O. Rattie recently acquired 20,000 shares in the company. He acquired 10,000 shares valued at $14.05 each on March 6 and another 10,000 shares valued at $9 each on March 9. Rattie sits on the boards of Ensco PLC and Select …
Fort Worth company reports $88 million in losses as it makes $94 million purchase
The same day that Basic Energy Services Inc. in Forth Worth announced a loss of $88 million in the fourth quarter, the company bought Houston-based NexTier Oilfield Solutions Inc.’s Well Support Services group. Basic Energy paid $94 million in cash and notes. The NexTier production operations, known as C&J Well Services, were originally established in San …
New Mexico, Colorado and Wyoming officials worry about oil price impact
The breadth of the impact of the oil price collapse reaches far beyond Oklahoma and Texas. It made headlines this week in New Mexico, a state that earlier estimated to receive $1 billion in oil and gas revenue for schools and hospitals. “Oil Price Plunge Wallops NM” read the headline in the Albuquerque Journal in …
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