Oklahoma City-based SandRidge Energy filed an amended quarterly report with the Securities Exchange Commission. It involved an explanation for the delay of its original Form 10-Q to be filed following the quarterly period that ended March 31. The company said the explanatory note was “inadvertently omitted from the Form 10-Q,” a note that said …
June 2020 archive
Net metering for solar power delayed for now in Arkansas
Solar advocates won at least a temporary victory Monday when the Arkansas Public Service Commission issued an order maintaining current rate structures for existing residential and rooftop solar-power users through the end of 2022. Electric utility providers, however, can seek a grid fee on new commercial and industrial solar projects. That fee is not in …
EPA leader strips some environmental power from states
Under a move this week by Environmental Protection Agency Chief Andrew Wheeler, the permit process used by New York and New Jersey denying Tulsa’s Williams Cos. a major natural gas line project will no longer be allowed. Wheeler signed a rule that limits state powers to block some energy infrastructure projects as the Northeast …
Major interstate projects approved by Transportation Commission
Major improvements are coming for interstates in Oklahoma City as a result of action taken Monday by the Oklahoma Transportation Commission. The projects involve an estimated $110 million in repairs. The Commission approved contracts for projects including the replacement of six bridges on Interstate 40 in Del City. It also okayed the improvements and repairs …
Feds delay more sales of oil and gas leases
The federal government has delayed more scheduled oil and gas lease sales. Reuters reports the latest include two auctions that had been set for later in June following the May delay of a major sale in New Mexico. The moves mark a shift for the U.S. Department of Interior, which had proceeded with a slew …
Petroleum Alliance leader remains optimistic about industry’s future
The new leader of the Petroleum Alliance of Oklahoma remains optimistic about the future of the state’s oil and gas industry, despite the historic impact on exploration and production as a result of the COVID-19 pandemic and oil price crisis. It’s what Brook A. Simmons expresses a month after he became president of the Alliance, …
Purchase price revealed for former Hertz center in OKC
The building that was once the Hertz administrative offices in Oklahoma City sold for more than $25 million in last week’s deal following the layoffs of hundreds of Hertz workers. As we reported earlier this week, Costco purchased the four-story building for an operations center. A report in the Oklahoman revealed the purchase price …
Completion reports for June 1, 2020
Completion reports filed on June 1, 2020. ALFALFA COUNTY Bce-mach Llc Mississippian: Oil 218 Gas 3147 Water 2622 Gaslift 10 25N 11W Buck Trust 3-25-11 2h, February 09, 2020 HH, OIL, TD: 10910 ft Lat: 36.66591, Long: -98.36725 API: 35003233950000 DEWEY COUNTY Tapstone Energy Llc Mississippian (less Chester): Oil 965 Gas 1800 Water 981 Flow 25 19N 14W Adams 24/13-19-14 1h, January 21, 2019 HH, OIL, …
Permits to drill for June 1, 2020
Permits to drill issued on June 1, 2020. Carter County AXELROD #1-8-5XHW, June 01 2020 17 2S 3W N2NENENE API: 01926382 Lat: 34.39007732466907, Long: -97.52854007781728 CONTINENTAL RESOURCES INC MU, DR, 21655 ft, MISSISSIPPIAN(10563), SYCAMORE(10855), WOODFORD(11354)
US oil futures dropped Monday while Brent rose
As tensions rose between Beijing and Washington over the prospects for crude demand, U.S. benchmark oil futures settled lower on Monday. But overseas, prices were up on reports that OPEC will meet June 4 to discuss a possible extension to the existing crude outputs. West Texas Intermediate crude for July delivery dropped 5 cents …