Despite the COVID-19 impact, refinery operator Holly Energy Partners, L.P. reported increased second quarter net income. The Dallas based company, owner of a refinery in Tulsa and other locations across the country reported net income of $76.5 million or 73 cents per diluted limited partner unit compared to $45.7 million and 43 cents a unit …
After his company reported at more than $239 million second quarter loss, Continental Resources founder Harold Hamm remains optimistic about the remainder of 2020. “Despite headwinds faced this year, now is not the time to count out U.S. independent producers from being key future net exporters of crude,” he told investors and analysts during …
Completion reports filed on August 4, 2020. BLAINE COUNTY Ovintiv Mid-continent Inc. Mississippian(9321): Oil 939 Gas 2105 Water 937 Flow 2 16N 10W Castonguay 1610 7h-2x, December 05, 2018 HH, OIL, TD: 19638 ft Lat: 35.89795, Long: -98.23222 API: 35011240360000 CARTER COUNTY Citation Oil & Gas Corporation Sims(5428): Oil 1 Water 57 Pump 7 2S 3W Evmbsu (Colbert 1) 218, May 25, 2018 SH, OIL, …
Permits to drill issued on August 4, 2020. Blaine County NITZEL #3-18 1412MH, February 14 2019 07 14N 12W SESESESW API: 01124180 Lat: 35.69693121387661, Long: -98.51779775908597 TRIUMPH ENERGY PARTNERS LLC HH, AM, 17086 ft, MISS’AN LM(12445) Grady County BROWN #2-22, August 04 2020 22 5N 5W SWNESWNE API: 05124133 Lat: 34.893409222625934, Long: -97.71138311036677 RED ROCKS OIL & …
Another up day for oil futures as they reversed early losses on Tuesday and closed higher for the day as traders waited on the latest information about U.S. crude inventories and wondered about the continuing impact on supplies by the COVID-19 pandemic. West Texas Intermediate crude for September delivery finished 69 cents or 1.7% …
With the release of its second quarter earnings report on Tuesday, Oklahoma City-based Devon Energy also announced an accelerated closing of its $770 million sale of its Barnett Shale holdings in north Texas. The original announcement in December 2019 indicated the closing with Banpu Kalnin Ventures would be Dec. 31, 2020. But this week, …
Oklahoma City-based Devon Energy reported a net loss of $670 million or $1.78 per diluted share for the second quarter of 2020. The earnings report also included Devon’s announcement that it has no plans to curtail oil production in the second half of the year focusing its new drilling efforts in West Texas and …
Think you got it bad in Oklahoma City if you are caught not wearing a COVID mask? The fine is only $9 for the first and second offenses. But a visit to some cities in Colorado could lead to jail time. In addition to a $5,000 fine! It’s what Out There Colorado reported this …
Oklahoma’s Employment Security Commission has named longtime government attorney Claudia Conner to be the agency’s chief of staff, a newly created position. She previously had been a deputy director and general counsel at the Oklahoma Department of Tourism and Recreation as well as the general counsel at one time to the Oklahoma Department of …
After two years as President of Oklahoma City University, former longtime energy leader Martha Burger plans to retire. She announced this week that her final day in office will be June 30, 2021. “I have enjoyed the opportunity to serve this great university and I am looking forward to a meaningful and productive year …
