October 6, 2020 archive

Permits to drill for October 6, 2020

Permits to drill issued for October 6, 2020. Canadian County KEVIN COM #1-29H, March 03 2020 29 11N 8W SWSESESE API: 01725610 Lat: 35.39250408653499, Long: -98.05372724214185 CIMAREX ENERGY CO HH, AM, 17538 ft, MISSISSIPPIAN(11800), WOODFORD(12200) Carter County SW WILDCAT JIM DEESE UNIT #14-5, October 06 2020 07 2S 2W NWSWSWNW API: 01926408 Lat: 34.399534995528064, Long: -97.45637837339838 MACK …

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Completion reports for October 6, 2020

Completion reports filed on October 6, 2020. GARVIN COUNTY Casillas Operating Llc Sycamore: Oil 1080 Gas 2346 Water 837 Flow 27 4N 4W Whitney 1-27-22mxh, October 21, 2017 HH, OIL, TD: 17671 ft Lat: 34.79114, Long: -97.60074 API: 35049251550000 Casillas Operating Llc Sycamore: Oil 1080 Gas 2346 Water 837 Flow 27 4N 4W Whitney 1-27-22mxh, October 21, 2017 HH, OIL, TD: 17671 ft Lat: 34.79119, Long: …

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Gains traded for losses by energy companies in Tuesday’s stock trades

  Monday’s gains made for Oklahoma energy firms turned to losses for the most part in Tuesday’s trading. Alliance Resource Partners dropped 4% or 11 cents to finish at $2.83 per share. Blueknight Energy Partners LP slipped 3 cents or 2% to $1.42. Chesapeake Energy finished the day ahead 3 cents for a 1% gain …

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Oil prices notch back-to-back gains on supply disruptions, hurricane fears

  Oil futures notched back-to-back gains Tuesday, building on the previous session’s sharp climb as investors focused on a strike that’s curtailed Norwegian output and Hurricane Delta, which has led to production disruptions in the Gulf of Mexico. Delta is “rapidly intensifying as it enters the Gulf and oil companies are already beginning offshore evacuations …

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NRG Energy Appoints Lisa Donohue to Expanded Board

Houston-based NRG Energy announced the appointment of Elisabeth (Lisa) Donohue as a new Independent Director to its Board of Directors effective October 5, 2020, according to a company press release issued Monday. “The Board is pleased to welcome Ms. Donohue as our newest Independent Director; Lisa’s distinguished consumer- and digital-focused career will bring valuable diversity of thought and expertise …

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Inhofe’s 15-year old law helped Oklahoma after U.S. Supreme Indian reservation ruling

  Fifteen years after Oklahoma Sen. Jim Inhofe’s so-called EPA “midnight rider” won approval on a highway funding bill, it paid off for Oklahoma. And environmentalists don’t like it. We’ve learned more details about the EPA’s decision to let Oklahoma enforce environmental rules and regulations in the wake of the U.S. Supreme Court decision that …

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Energy news in brief

** ExxonMobil plans to reduce staffing levels across a number of its European affiliates. It is anticipated that up to 1,600 positions would be impacted by the end of 2021 across the company’s affiliates in Europe. ** CF Industries announced the company will make a $41.4 million capital investment to enhance nitric acid production at the …

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Tissue-manufacturing plant formally opens in Inola

  Inola, Oklahoma is now home to a $360 million Sofidel tissue manufacturing plant that became operational this week. The company announced the formal opening of the 1.8 million-square-foot plant capable of producing 120,000 tons of tissue a year. The plant is also the company’s second greenfield investment in the U.S. reported the Tulsa World. …

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Feds help fund industrial rail expansion in Jonesboro

  A federal grant of $2.5 million to the city of Jonesboro, Arkansas will result in an expansion of rail storage for industrial park manufacturers and create 100 new jobs and keep 400 others. The Commerce Department grant will help expand the rail storage for industrial park manufacturers according to KAIT News. Anthony Foti, Assistant …

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Tax collections show coronavirus pandemic continues slamming Oklahoma’s economy

  Oklahoma Treasurer Randy McDaniel says despite the COVID-19 pandemic, Oklahoma’s economy is doing “relatively” well. But the September revenue streams from tax collections show oil and gas remains weak. Three of the state’s four major revenue streams show contraction in September’s Gross Receipts to the Treasury report, similar to the picture seen in total …

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