October 2020 archive

After two quarters of losses, Mammoth Energy Services reports net income

  Oklahoma City’s Mammoth Energy Services managed to turn things around in the third quarter of the year, reporting actual net income of $3.4 million or 7 cents a share compared to a second quarter net loss of $15.2 million and 33 cents a diluted share. The $3.4 million in net income also compared to …

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Devon posts $92 million net loss in 3Q

  Oklahoma City’s Devon Energy reported Thursday it suffered a net loss of $92 million or 25 cents a share in the third quarter. Despite the loss, the company stated in a filing with the Securities and Exchange Commission, “The company’s financial position continues to remain exceptionally strong with excellent liquidity and low leverage.” Devon’s …

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Hundreds evacuated after train derailment in SE Texas

  An estimated 600 people were evacuated early Thursday morning following the derailment of 25 cars of a train in the southeast Texas community of Mauriceville. The derailment happened about 100 miles east of Houston and at least 15 of the derailed cars were loaded with chemical products. The Orange Leader reported that four of …

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ExxonMobil to lay off 14,000 workers in coming year around the globe

   Reports indicate that Exxon Mobil Corp. plans to cut 15% of its global workforce by the end of 2022. Bloomberg reported the cuts will include 1,900 jobs in the U.S. with most of them in Houston, Texas. The entire layoffs around the globe will total about 14,000 workers.  Other layoffs will occur in Europe …

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370,000 customers lost power in historic ice storm in Oklahoma

  Utility companies say an estimated 370,000 customers lost electrical power in this week’s ice storm that literally put much of Oklahoma in the dark. Most of those who lost power lived in the western half of the state but included a large segment of Oklahoma City. OGE reported it has 2,500 personnel on the …

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Completion reports for October 27, 2020

Completion reports filed on October 27, 2020. completions: none were processed today

Permits to drill for October 27, 2020

Permits to drill issued on October 27, 2020. Carter County SEVSSU #160, October 26 2020 07 2S 3W NESESESW API: 01922508 Lat: 34.392483899602915, Long: -97.56236484005059 HARMON C E OIL INC SH, RC, 6705 ft, HUMPHREYS(4996) Carter County SW WILDCAT JIM DEESE UNIT #13-2-I, October 27 2020 07 2S 2W NWNWSWNW API: 01926418 Lat: 34.401142400089135, Long: -97.45705791026346 MACK …

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OGE Lighting Program Totals More Than $90,000 in Rebates for Citizen Potawatomi Nation

  A collaboration between Citizen Potawatomi Nation (CPN) Electrical Services and Hunzicker Brothers Electric netted the Tribe more than $90,000 in rebates from OGE Corp. Tribal executives received the second of OGE’s payments in person for the FireLake Parking Lot Lighting Project in late July. “The Nation has long prided itself on using the most …

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Completion reports for October 28, 2020

Completion reports filed on October 28, 2020. MURRAY COUNTY Citation Oil & Gas Corporation 14 1S 1E Howell Circle Ranch 3, September 15, 2020 SH, INJ, TD: 5014 ft Lat: 34.47304, Long: -97.17233 API: 35099201690004

Permits to drill for October 28, 2020

Permits to drill issued on October 28, 2020. permits: none were processed today