April 18, 2020 archive

Report shows wind growth across U.S. in 2019

  An annual report by the American Wind Energy Association says wind energy is now the largest provider of renewable energy in the country, supplying over 7 percent of the nation’s electricity in 2019. In Oklahoma, 35% of the electricity comes from the numerous wind farms and the state remains number three for wind-powered electricity behind …

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Energy news in brief

** The city of Carmel, Indiana, is set to become the first in the U.S. to convert its fleet vehicles to run on hydrogen fuel technology. ** More than 100 members of Congress call on leadership to include language in the next round of stimulus funding prohibiting utilities from disconnecting customers during and immediately after the pandemic. ** A federal judge “reluctantly” rejects an …

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Oil prices approach $18 a barrel

  After dropping below the $20 mark on Wednesday, the oil markets dropped even deeper by the close of trading on Friday with West Texas Intermediate falling another $1.60, reaching $18.27 a barrel. Brent crude in London was up 26 cents at $28.08 while natural gas prices on the New York Mercantile Exchange rose 7 …

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Completion reports for April 17, 2020

Completion reports filed on April 17, 2020. CREEK COUNTY Thomas Exploration Company Simpson Sand: Red Fork(1975): Oil 13 Water 5 Pump 15 14N 10E Iva Bruner 4, August 15, 2017 SH, OIL, TD: 3600 ft Lat: 35.69399, Long: -96.23984 API: 35037290900000 CUSTER COUNTY Toklan Oil & Gas Corporation Cherokee Sands: Oil 4 Gas 15 Flow 24 15N 16W Floyd B Jones C 1-24, February …

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Permits to drill for April 17, 2020

Permits to drill issued on April 17, 2020. Canadian County REUTER TRUST #1H-8-17, April 16 2020 08 11N 8W NWNWNENE API: 01725621 Lat: 35.44872437474985, Long: -98.06438226124894 CITIZEN ENERGY III LLC MU, AM, 22427 ft, WOODFORD(11900) Canadian County REUTER TRUST #2H-8-17, April 17 2020 08 11N 8W N2NWNENE API: 01725622 Lat: 35.448724377564744, Long: -98.06428154180051 CITIZEN ENERGY III LLC …

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Chesapeake suspends dividends following layoff of 200 workers

A day after Oklahoma City’s Chesapeake Energy announced the layoff of 200 employees, the company took action to suspend dividend payments. The move applies to each series of the company’s outstanding convertible preferred stock and was effective immediately. “Suspension of the dividend does not constitute an event of default under any of the company’s debt …

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