July 8, 2020 archive

Completion reports for July 8, 2020

Completion reports filed on July 8, 2020. BLAINE COUNTY Continental Resources Inc Mississippian(12992): Gas 11349 Water 4170 Flow 31 13N 12W Friesen 1-31-6xhm, April 06, 2018 HH, GAS, TD: 24662 ft Lat: 35.56507, Long: -98.51601 API: 35011238700001 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(9415): Oil 589 Gas 2300 Water 856 Flow 3 12N 7W Cowabunga 1207 3-10 1mxh, March 11, 2020 HH, OIL, TD: 19905 …

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Permits to drill for July 8, 2020

Permits to drill issued on July 8, 2020. Canadian County HUSMANN #32-1, July 08 2020 32 13N 8W CSWNW API: 01722591 Lat: 35.55308251242903, Long: -98.08099760420905 URBAN OIL & GAS GROUP LLC SH, AM, 9810 ft, COTTAGE GROVE(8226) Canadian County REESE(CCGU 2-18) #18-2, July 08 2020 18 13N 8W CNWSE API: 01722341 Lat: 35.60022963708466, Long: -98.09871500367652 URBAN OIL …

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Oil prices at 4-month high

  Not since March 6 have crude oil futures in the U.S. been as high as they were when trading finished Wednesday at just under $41 a barrel. Still not enough to give exploration and production companies a break-even point. Many consider it to be at least $50 a barrel before they can possibly start …

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Corporation Commission backlog of cases grows due to COVID—might go public in handling them

  Even as Oklahoma Corporation Commissioners consider possible public hearings into a backlog of some 200 cases, they were told Wednesday that 9 employees of the agency are being monitored for COVID-19. The Commission’s Jim Thorpe headquarters building at the State Capitol has been closed to the public since the start of the pandemic but …

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Regulators hear complaints about ONG supply changes

  Transporters of natural gas in the eastern half of Oklahoma are not happy about it but Corporation Commissioners have approved a nearly $12 million increase in base rates for Oklahoma Natural Gas. That’s because eastern Oklahoma natural gas transporters will have to spend more money in getting their product to ONG customers. Marie Synar, …

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Acquisition leads to giant solar installer in US

  Leading U.S. home solar installer Sunrun has agreed to acquire its biggest rival, Vivint Solar. Sunrun plans to buy Vivint Solar for an enterprise value of $3.2 billion, a price tag that rivals that of other high-profile clean energy acquisitions: Tesla bought SolarCity for $2.6 billion in 2016, while Google acquired Nest for $3.2 billion in 2014 reported Green Tech Media. …

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ConocoPhillips Announces Quarterly Dividend of 42 Cents Per Share

Shareholders in Houston-based ConocoPhillips  were informed Wednesday their investments are making a profit. The company announced a quarterly dividend of 42 cents a share. The dividend will be payable Sept. 1 to stockholders of record at the close of business on July 20, 2020. Shares in ConocoPhillips closed down 99 cents in Tuesday’s trading for a …

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Energy news in brief

** Energy Secretary Dan Brouillette will be in San Antonio, Texas, on Thursday to meet with members of the region’s energy industry and to discuss the “current state of energy markets,” the Energy Department announced. ** Bayer stock tumbled on Tuesday, after a district judge hinted he would reject part of the company’s $10.9 billion plan to …

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EOG Resources and Employees Donate More Than $822,000 to Local Food Banks and Pantries

    EOG Resources says its employees and the company have contributed more than $822,000 to more than 40 different food banks across its states of operation. The funds were the result of a company-wide, unlimited 2-for-1 matching gifts program that ran through the month of June. “EOG’s culture is the key to our success,” …

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Red tape concerns Rep. Mullin

  Mullin speaks to workshop participants via Zoom. Oklahoma congressman Markwayne Mullin used a virtual workshop this week to go after bureaucratic red tape. Speaking during a Native American Financial Services Association workshop, the GOP Representative,  he focused on the importance of ensuring government regulations don’t strangle businesses during COVID-19. The Congressman from eastern Oklahoma also …

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