Oklahoma Governor Kevin Stitt released the following statement after the Biden Administration’s request to OPEC to increase oil production amid rising gas prices: “It is disturbing that the Biden Administration looks to foreign adversaries for help while punishing Oklahoma and other oil-producing states here at home. As governor, I take pride in Oklahoma’s status as …
August 12, 2021 archive
2.1 Magnitude Earthquake Shakes Edmond on Thursday Evening
Edmond residents felt a slight rumble on Thursday as a 2.1 magnitude earthquake struck the suburb. The U.S. Geological Survey recorded the event at 9.44 p.m. and showed the epicenter was about 7 miles east-northeast of the town of Edmond near I-35 and Covell Road. The depth was 3.6 km or approximately 2 miles. There …
Tallgrass Energy Partners Announces $500 Million Offering of Senior Notes Due 2031
Tallgrass Energy Partners, LP announced that it priced an offering of $500 million in aggregate principal amount of 6.000% senior unsecured notes due 2031 at an offering price equal to 100% of par with its subsidiary, Tallgrass Energy Finance Corp. The notes offering is expected to close August 18, 2021, subject to satisfaction of customary …
Kansas City Southern at Center of Bidding War by Two Rival Canadian Railways
Kansas City Southern announced that it has rejected a $31 billion bid by Canadian Pacific Railway Limited because it does not constitute a “company superior proposal” for the railroad, according to a press release issued by the company on Thursday. Instead, the KCS Board of Directors voted unanimously to proceed with a $33.6 billion merger …
Evergy announces Senior Executive leadership change
Evergy, Inc. announced Lesley Elwell will join the company as Senior Vice President and Chief Human Resources Officer. In this role, Elwell will lead Evergy’s Human Resources organization, with an emphasis on talent strategy, employee engagement, organizational development and performance management. She will report to David Campbell, Evergy’s President and Chief Executive Officer. …
Rig counts grow nationally—especially in the Permian and Appalachia Basins
The number of rigs running in the U.S. rose by eight in the last week to a total of 575 as of Aug. 11, according to Enverus Rig Analytics. The count is up 7% on the month and up 104% on the year. Major plays with the largest week-over-week increases were in Appalachia and …
New Mexico and U.S. Environmental Protection Agency collaborate with Sceye on air quality monitoring initiative
New Mexico and U.S. Environmental Protection Agency (EPA) announced an innovative initiative proving once again that in New Mexico, the sky is no longer the limit. The Environment Department (NMED), Economic Development Department (EDD) and U.S. EPA signed a first-of-its kind memorandum of understanding that allows for collaboration related to air quality research. “Under this partnership, …
Lankford calls out Biden for harming US oil independence
Senator James Lankford (R-OK) issued the following statement after the White House urged OPEC+ to ramp up crude production to counter the spike in oil prices: “A year ago, when the national average for gas prices was lower, and our government sent a strong signal to American producers that we wanted them to maintain our …
Completion reports for August 12, 2021
GRADY COUNTY Continental Resources Inc Woodford: Oil 196 Gas 240 Water 3557 Flow 24 6N 5W Cooley 5-24-25-36xhw, March 03, 2021 HH, OIL, TD: 25710 ft Lat: 34.98150, Long: -97.67206 API: 35051246970000 Continental Resources Inc Woodford: Oil 328 Gas 379 Water 4061 Flow 22 6N 5W Sparks 2-22-27-34xhw, April 04, 2021 HH, OIL, TD: 21175 ft Lat: 34.97412, Long: -97.71546 API: 35051247050001 STEPHENS COUNTY Continental Resources Inc …
Permits to drill for August 12, 2021
Hughes County LORRAINE #2-34/27H, August 12 2021 03 7N 11E SENESWNE API: 06324935 Lat: 35.11130662485117, Long: -96.12845427578736 TRINITY OPERATING USG LLC MU, DR, 15110 ft, MISSISSIPPIAN(4250), WOODFORD(4550), SYLVAN(4630), HUNTON(4650) Hughes County LORRAINE #1-34/27H, August 12 2021 03 7N 11E SENESWNE API: 06324934 Lat: 35.1112516774167, Long: -96.12845427279558 TRINITY OPERATING USG LLC MU, DR, 15835 ft, MISSISSIPPIAN(4250), WOODFORD(4550), SYLVAN(4630), …
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