September 8, 2020 archive

Completion reports for September 8, 2020

Completion reports filed on September 8, 2020. BLAINE COUNTY Chisholm Oil & Gas Operating Llc Mississippi Lime(8853): Oil 111 Gas 560 Water 340 Esp 6 17N 10W Allen O’brien 18-10-31 1h, August 15, 2019 HH, OIL, TD: 14346 ft Lat: 35.98490, Long: -98.30028 API: 35011242240001

Permits to drill for September 8, 2020

Permits to drill issued on September 8, 2020. permits: none were processed today

Investors want Texas regulators to ban flaring of natural gas

Investors managing more than $2 trillion are calling on Texas regulators to ban the routine burning of natural gas from shale fields, arguing that the energy industry hasn’t moved quickly enough to curb the controversial practice. Bloomberg reported that AllianceBernstein, California State Teachers’ Retirement System and Legal & General Investment Management said they support eliminating …

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XTO opts out of building a new natural gas operation in New Mexico

  XTO Energy, a subsidiary of ExxonMobil has decided to not move ahead with construction of a new natural gas facility in the Permian Basin in southeastern New Mexico. The Associated Press reported that the company has withdrawn its application for a permit to build and operate the facility in Eddy County, citing future infrastructure …

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New leader is named at Arkansas Advanced Energy Association

  A new executive director has been named to run the Arkansas Advanced Energy Association. Katie Laning Niebaum was recently named to the job of being in charge of the association which promotes renewable power, energy efficiency and advanced energy technology.   “It’s been a little bit like drinking from a fire hose,” the Texas …

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Millions of dollars available for expansion of rural broadband in Arkansas

  The Arkansas Department of Commerce said Friday that all companies, including electric cooperatives and their subsidiaries, capable of deploying broadband to rural Arkansas are now eligible to apply for an Arkansas Rural Connect (ARC) grant. The Arkansas Legislative Council executive subcommittee approved the change outlined in a supplemental emergency ARC rule this week. The …

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Unit Corporation comes out of Chapter 11 bankruptcy

  Tulsa’s Unit Corporation has emerged from Chapter 11 bankruptcy protection. This marks the successful completion of the Company’s financial restructuring process along with implementing the Company’s Plan of Reorganization, which was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division on August 6, 2020. The reorganization also included the …

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International rig count increased in August

  Baker Hughes announced  that the Baker Hughes international rig count for August 2020 was 747 up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August 2019. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and …

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Major Interstate construction projects to begin this week in OKC

  From the eastern side of the Oklahoma City metro to the west, drivers will encounter some construction projects this week resulting in narrow highways and slowed traffic. The State Department of Transportation has started replacement project on Interstate 40 and Interstate 44…three projects total. Two projects are on Interstate 40 in Del City and …

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Large acquisition of shares made by Mammoth Energy director

  A new filing with the Securities Exchange Commission shows Mammoth Energy Services Inc. board member Arthur L. Smith made a recent acquisition of 20,000 shares in the Oklahoma City-based company. The filing revealed his Sept. 4, 2020 acquisition was at a per-share value of $1.29 and left Smith with total ownership of 129,685 shares …

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