October 14, 2020 archive

ONE Gas Third Quarter 2020 Conference Call and Webcast Scheduled

  ONE Gas, Inc. will release its third quarter 2020 earnings after the market closes on Monday, Nov. 2, 2020. The ONE Gas executive management team will participate in a conference call the following day, Tuesday, Nov. 3, 2020, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time). The call also will be …

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Devon to release 3Q earnings report in late October

Devon Energy Corp. announced it will report third-quarter 2020 results on Thursday, Oct. 29, after the close of U.S. financial markets. The question will be whether the company will avoid a repeat of the second quarter when it suffered a net loss of $670 million or $1.78 per diluted share, largely due to the COVID-19 …

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Well completions reported in Major County

  Houston-based Interstate Explorations LLC reported completion of four wells in northern Oklahoma. Three of the wells were drilled on a single pad at 11 21N 9W , a site located six miles west of the town of Drummond in Major County. The Taggert 21n-9w 11-1h had a July 2019 spud date with drilling finished a month …

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The Air Force Is Stripping a B-1 Bomber Down to Its Bolts to Make a Digital Twin

  The Air Force has launched a cooperative program with Wichita State University to do an extensive study of the B-1 Lancer bomber and which of its parts suffer more wear and tear than others. The bombers routinely flew into Tinker Air Force base for maintenance but now the Air Force is getting serious about …

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Hamm makes it clear what he thinks of western Oklahoma’s wind farms

‘We don’t need windmills thick as hair on a dog’s back all over the country like in western Oklahoma.’ — Harold Hamm That is Harold Hamm, Continental Resources Inc.  founder and longtime political ally of President Donald Trump, taking issue with subsidies for renewable energy in an interview with CNBC on Tuesday. Hamm argued that inroads by renewable …

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Bankruptcies pile up in N. America energy sector in third quarter

  Bankruptcies in the North American energy industry surged in the third quarter as companies struggled with weak fuel demand due to the COVID-19 pandemic, lower crude prices and a dearth of available credit, according to law firm Haynes and Boone. In the three months to September, 17 oil producers sought bankruptcy protection, fueling a …

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ConocoPhillips in Talks to Buy Concho Resources in Big Shale Bet

  ConocoPhillips is in talks to acquire rival Concho Resources Inc., according to people familiar with the matter, as one of America’s largest independent oil explorers looks to make a bold bet on shale during an historic industry downturn reported Bloomberg. The companies may announce a deal in the next few weeks, said the people, …

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