Jerry Bohnen

Author's posts

Electric car charging stations to be located along Kansas Turnpike

Electric vehicle drivers will be able to travel the entire 236-mile length of the Kansas Turnpike without ever having to exit to recharge their car’s batteries, thanks to the addition of “fast-charging” stations at the Topeka, Lawrence and Towanda service areas according to the Topeka Capital Journal. The announcement came during a news conference  at …

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Holly Energy Partners declares distribution

Holly Energy Partners, L.P. announced a cash distribution of more than 67 cents a share for the second quarter of 2019. The Board of Directors of the Dallas-based company declared the distribution to be $0.6725 per unit compared to 66 cents a unit for the second quarter of 2018. Holly Energy has increased its distribution …

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Blueknight Energy declares distribution

Oklahoma City’s Blueknight Energy Partners, L.P. announced its board of directors declared a quarterly cash distribution of 4 cents a share on the Partnership’s common units. It also declared a cash distribution of $0.17875 per unit on the Partnership’s preferred units. The second quarter distributions for both kinds of units remain unchanged from those paid …

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Record lateral drilled in Permian Basin

A record-setting lateral measuring 3.4 miles in length has been drilled in the Permian Basin. Basic Energy Services, Inc., a firm with operations throughout Oklahoma’s STACK and SCOOP plays announced this week the record was set by one of its high-spec, 24-hour rig and equipment packages. The well was drilled in Wolfcamp A for Surge …

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Schlumberger gets new leadership

Schlumberger Limited has a new Chief Executive Officer.  The Paris-based company’s board of directors appointed Olivier Le Peuch as CEO and member of the board effective Aug. 1, 2019. He will replace Paal Kibsgaard who will retire on the same date.  Kibsgaard is stepping down after 22 years with the company including eight years as …

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Permits to drill for July 18, 2019

Permits to drill issued on July 18, 2019. permits: none were processed today

Completion reports for July 18, 2019

Completion reports issued for July 18, 2019. completions: none were processed today

Oil prices respond to US Navy’s shootdown of Iranian drone

Oil prices rose Thursday following news that a U.S. Navy ship had shot down an Iranian drone in the Strait of Hormuz. Brent crude went up 0.9% at $64.24 a barrel while West Texas Intermediate futures were 0.6% higher at $57.1`2 a barrel. Observers say the steep increase in oil prices underscores the sensitivity of …

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Cheniere Energy to release earnings report in early August

Cheniere Energy, the Houston firm building a huge natural gas pipeline from Kingfisher, Oklahoma south to the Gulf Coast plans to issue its earnings report for the second quarter 2019 on Thursday, Aug. 8, 2019. The report will be released prior to the opening of the market. Company management will host a conference call for …

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IOGCC early bird convention deadlines approaching

The International Oil and Gas Compact Commission warns its early bird registration discount expires next week for its 2019 annual convention to be held in North Dakota. The early bird registration discount will expire on July 26, 2019 . After July 22, 2019 the IOGCC stated it can no longer guarantee hotel room availability or the IOGCC Annual Conference group …

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