Jerry Bohnen

Author's posts

Job cuts made by Pioneer Natural Resources

In a move to cut $100 million from its overhead, Pioneer Natural Resources laid off 230 workers this week. The layoffs happened at the corporate offices in Irving, Texas and the Permian Basin. They came after another 300 workers took earlier buyouts. Seventy of the layoffs happened in the Permian while 160 corporate employees were …

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Oklahoma floods are a repeat of what happened 33 years ago

This week’s flooding in Oklahoma is a repeat of what happened 33 years ago when 30,000 people were evacuated from 25 towns in the state. Heavy rains were caused by the flow of moisture from Hurricane Paine into Oklahoma. The 1986 flood not only forced evacuations but a swollen Cimarron River left the I-35 bridge …

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The “T-word” gets approval at the Oklahoma legislature

A measure sent to Gov. Kevin Stitt this week might help those in the energy industry learn more easily how affecting state agencies are spending money. For instance, how much money is spent by state regulators regarding rules and regulations of the oil and gas industry. The Senate approved Senate Bill 1 which creates the …

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New state budget sent to governor includes money for clean water, dams and rural firefighters

The $8.1 billion budget approved by the Senate on Tuesday and sent to Oklahoma Gov. Kevin Stitt includes money for rural Oklahoma, areas where the state’s oil and gas industry drills for new energy. The budget includes $500,000 to fund a public-private partnership to maintain clean water in Northeast Oklahoma and areas with high poultry …

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Chesapeake Energy directors receive compensation

New filings with the Securities and Exchange Commission show the compensation received by directors of Chesapeake Energy following their election at the recent shareholders meeting. Thomas L. Ryan received 114,108 shares while R. Brad Martin received 219,918 shares. The shares given to Scott Gieselman totaled 110,358 while director Merrill A. Miller Jr. received 109,959 shares. Gloria …

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More large wells in the SCOOP and STACK

  Tulsa’s Unit Petroleum scored a large well in the SCOOP with daily oil production of nearly 1,500 barrels. In a completion report filed this week, the company indicated the Schenk Trust #2-17HXL drilled at 17 6N 8W or about 6 miles southwest of Chickasha had production of 1,466 barrels of oil a day along …

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Permits to drill for May 21, 2019

Permits to drill issued on May 21, 2019. Blaine County SEIFERT #4-9-1XH, May 21 2019 04 18N 13W NWNENENE API: 01124217 Lat: 36.07170075336836, Long: -98.58470911418907 DERBY EXPLORATION LLC HH, DR, 17077 ft, MISSISSIPPIAN(8535), WOODFORD(10005) Blaine County HULK #1-25H, February 01 2019 25 19N 10W SESESWSE API: 01124168 Lat: 36.087535576396064, Long: -98.21363214764656 HUSKY VENTURES INC HH, AM, 16891 …

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Completion reports for May 21, 2019

Completion reports filed May 21, 2019.   DEWEY COUNTY Unit Petroleum Company Mississippian: Oil 1.67 Gas 7801 Water 1480 Flow 4 17N 17W Irwin 1-4h, August 07, 2018 HH, GAS, TD: 17705 ft Lat: 35.97193, Long: -99.01152 API: 35043235910000 GRADY COUNTY Newfield Exploration Mid-con Inc Woodford(15243): Oil 75 Gas 2978 Water 516 Flow 3 3N 5W Wilson 3-5-3-7h, October 08, 2018 HH, GAS, TD: 20460 ft …

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NARO members gather in OKC for annual convention

Oklahoma City is the site where members of the Oklahoma Chapter of the National  Association of Royalty Owners will gather tomorrow and Friday for their annual convention. Business author Greg Zuckerman, a special writer at the Wall Street Journal will be a keynote speaker Wednesday morning. A three-time winner of the Gerald Loeb award for …

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State regulators to consider funding requests they cannot deny

After being scolded by the Oklahoma Supreme Court for denying Universal Service Funding to an independent telephone company, state regulators might have more to say about the subject on Wednesday. The Corporation Commissioners plan a discussion at their regular meeting of requests for Universal Service funds requests by Dobson Telephone Company and Medicine Park Telephone …

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