July 28, 2020 archive

Permits to drill for July 28, 2020

Permits to drill issued on July 28, 2020.   Grady County EULA MAE #2-23-26XHW, July 28 2020 14 3N 5W NESESWSW API: 05124789 Lat: 34.72592352730632, Long: -97.69967634813484 CONTINENTAL RESOURCES INC MU, DR, 25384 ft, MISSISSIPPIAN(14734), WOODFORD(15067), HUNTON(15314) Kingfisher County PHYLLIS #36-M3SH, March 12 2019 36 19N 6W SENWNENW API: 07326476 Lat: 36.086095479990874, Long: -97.79413170588288 SK NEMAHA LLC …

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Completion reports for July 28, 2020

Completion reports filed on July 28, 2020. GARVIN COUNTY Valley Petrol Consulting Inc Ada(827): Pump 36 3N 3E Lauderdale 4, December 18, 2019 SH, DRY, TD: 1027 ft Lat: 34.68157, Long: -96.94679 API: 35049252830000 Valley Petrol Consulting Inc Ada(882): Pump 36 3N 3E Lauderdale 5, December 19, 2019 SH, DRY, TD: 1050 ft Lat: 34.68339, Long: -96.94459 API: 35049252840000 …

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Oil ends at more than one-week low

  While the U.S. dollar steadied on Tuesday, oil futures recorded their lowest finish in more than a week and many Oklahoma oil and gas firms followed suit with declining prices of their shares. West Texas Intermediate crude for September delivery dropped 56 cents or nearly 1.4% to settle at $41.04 a barrel on the …

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ONEOK releases 2Q results—anticipates lower earnings for rest of 2020

  ONEOK’s second quarter earnings report showed the Tulsa company had a $134.3 million net income resulting in 32 cents per diluted share. The company stated that its adjusted EBITDA was $533.9 million while operating income totaled $355.7 million. Company leaders said based on the second quarter results as well as “crude oil pipeline takeaway” …

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Financial results to be released Wednesday by LSB Industries

  LSB Industries, Inc. in Oklahoma City will release its financial results for the second quarter ended June 30, 2020 on Wednesday, July 29, 2020, after the close of the stock market. LSB’s management will host a conference call on Thursday, July 30, 2020 at 10:00 am ET / 9:00 am CT to discuss these results. Participating in the call will be President & Chief …

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Raising speed limits on some Oklahoma highways

  Speed limits are being increased on Oklahoma’s turnpikes and some of its interstates, even though the approval for higher limits was approved last year. The Turnpike Authority met Tuesday to consider boosting the maximum speed limits on parts of its turnpikes from 75 mph to 8 mph. The Oklahoman reported Tuesday that the Oklahoma …

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Keystone XL developer might get more Canadian help

  The Alberta government is weighing whether it should intervene in an ongoing U.S. court case involving the Keystone XL pipeline. James Rajotte, the province’s senior representative in Washington said, “There’s a dialogue going on internally.That’s something the government of Alberta will decide going forward.” Alberta Premier Jason Kenney has sweetened the deal for Keystone builder …

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Energy news in brief

** Marathon would pay $82,000 in fines, invest in air filtration systems and boost data reporting under a consent order with state regulators following an emissions release at its Detroit refinery late last year.  ** Canadian National Railroad says a $100 million plan to upgrade and expand its system in Wisconsin will lower transportation emissions by avoiding truck deliveries.  ** The …

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Reservoir expansion project in Colorado fought by environmentalists

  The federal government recently signed off on the expansion of the Gross Reservoir in Boulder County, Colorado but the fight against the hydropower plan isn’t finished. As Colorado Public Radio reported, environmentalists plan to continue their opposition to the plan that got its start 17 years ago. Click here to view the story.  

Quivera wildlife refuge water fight ends

  A nearly 10-year old fight over water use from the central Kansas 22,000 acre Quivera National Wildlife Refuge might be about to end. An agreement was signed last week among area farmers, the Refuge, the U.S. Government and nearby towns.   Click here to read story in the Hutchinson News.