June 2020 archive

Hiett wins primary for Corporation Commission

  Oklahoma Corporation Commissioner Todd Hiett easily won the Republican nomination in his re-election bid during Tuesday’s primary election. With 84% of the state’s more than 500 precincts reporting last night, Hiett had a massive lead over challenger Harold Spradling.   Candidate Choice Absentee Mail Early Voting Election Day Total Votes Percent HAROLD D SPRADLING …

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Completion reports for June 30, 2020

Completion reports filed on June 30, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian: Oil 333 Gas 1038 Water 788 Pump 23 13N 6W Robert 1306 2-23mh, February 01, 2020 HH, OIL, TD: 13830 ft Lat: 35.59297, Long: -97.81464 API: 35017255590002 CARTER COUNTY Continental Resources Inc 12 2S 3W Essex 1-12-13-24xhw, April 05, 2020 DH, PLUG, TD: 9607 ft Lat: 34.39283, …

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Permits to drill for June 30, 2020

Permits to drill issued on June 30, 2020. Garvin County ISLANDS #1-34-35XHW, June 30 2020 34 1N 1W W2NWNWNW API: 04925327 Lat: 34.52042107613854, Long: -97.29914139562541 CONTINENTAL RESOURCES INC MU, DR, 20094 ft, SYCAMORE(12754), HUNTON(13411), WOODFORD(13504) Kay County BEVERLIN #A-7, June 30 2020 34 25N 1W CN2SENW API: 07124221 Lat: 36.603717100527504, Long: -97.29392500834818 KODA OPERATING LLC SH, RC, …

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Crude oil prices and supplies dropped on Tuesday

  Crude prices both in the U.S. and in Europe slipped late Tuesday when the American Petroleum Institute reported U.S. crude supplies fell by 8.2 million barrels for the week ended June 26. West Texas Intermediate August crude dropped 43 cents or more than 1% to settle at $39.27 a barrel in trading on the …

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Lucas goes after Democrats and their latest Green New Deal wish list act

  “here we are, debating a $1.5 TRILLION Green New Deal wish list instead of a smart infrastructure bill.”  Oklahoma Congressman Frank Lucas went after the Democrats on Tuesday during debate over their Moving Forward Act, calling it another Green New Deal bill. The Republican Representative (OK-03) who is the ranking member of the House …

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Nebraska’s Economy Shocked by COVID-19

Nebraska’s economy began 2020 on what appeared to be solid footing, but has been shocked in ways bearing little resemblance to anything experienced in modern times. As COVID-19 began to spread across the globe from January to March, leading to widespread economic shutdowns, business activity collapsed and a massive number of individuals suddenly were out …

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Mullin promotes cross-border energy projects

  Congressman Markwayne Mullin (OK-02) on Tuesday introduced the Promoting Cross-Border Energy Infrastructure Act, which would encourage and promote the construction of energy infrastructure across border lines with our North American neighbors. “Energy production in the United States plays a vital role in our country’s job creation and economic growth,” Mullin said. “This legislation simplifies the construction …

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Central Oklahoma water use permits approved

The Oklahoma Water Resources Board recently approved the permits for the amount of water that can be used from the Garber-Wellington Groundwater Basin in Central Oklahoma. The OWRB held its June board meeting virtually on Tuesday, June 16th. It marked the third consecutive virtual board meeting for the OWRB. The Board voted to approve the …

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Drone maker to move headquarters to OKC

  A U.S.-Spanish aerospace and drone manufacturer, Skydweller Aero Inc. announced Tuesday it is establishing its corporate headquarters and engineering operations in Oklahoma City and testing and integration in Ardmore, Oklahoma. Skydweller, a firm developing renewably powered aircraft for defense and commercial industries, plans to increase operations to 120 aerospace engineering and field technician jobs in Oklahoma by 2024. “It …

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ONEOK updates its line of credit agreement

  Tulsa-based ONEOK made a filing with the Securities and Exchange Commission reflecting an extension of its $2.5 billion revolving credit agreement. The filing indicated it was a second amendment to the agreement dated April 18, 2017 with Citibank, N.A. It requires ONEOK to maintain a leverage ratio as of the end of each fiscal …

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