Members of the Board of Directors at Chesapeake Energy have increased their holdings in the Oklahoma City energy company. Filings made with the Securities and Exchange Commission reflected acquisitions of company shares for the directors as well as a newly-named executive. The filings reflected that $0 was paid for most of the shares. Board chairman …
July 2016 archive
Oil and Gas Industry Workforce Continues Decline in Oklahoma
Those recent county breakdowns of state jobless figures in Oklahoma also reflected a continuing loss of workers in the oil patch. The number of people employed in Oklahoma’s oil and gas industry in May totaled 15,300, a drop of 200 from April 2016. It was also 3,700 less than May of 2015, according to figures …
Quarterly Distributions Announced for Tallgrass Energy Shareholders
Tallgrass Energy Partners, a Kansas City area based company that ships oil to the Cushing terminal in Oklahoma announced quarterly distributions this week for the second quarter of 2016. The distributions will be paid on Friday, Aug. 12 to unitholders and shareholders of record on the close of business on Friday, July 29, 2016. The …
Gasoline Prices Continue Their Drop in Oklahoma
Make it 24 straight days that national gasoline prices have dropped. AAA Oklahoma reported this week the national average is down to $2.27 a gallon for regular unleaded gasoline, three cents cheaper than a week ago and 9 cents less than a month ago. Oklahoma’s average is $2.05, a drop of about four cents in …
David House Tapped as New President and CEO for Continuum Energy LLC
David House was named as the new president and chief executive officer of Tulsa’s Continuum Energy LLC as part of the company’s leadership transition plan, according to a report published in the Tulsa World. House succeeds Jason Few. According to the report, Continuum Energy operates dual headquarters in Tulsa and Houston. The company serves oil …
Losses Abound on Tuesday for WTI, Brent and Natural Gas
Oil futures fell on Tuesday as investors were apprehensive above energy demand, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude dropped $2.39, or 4.9%, to end trading at $46.60 a barrel. On the London ICE Futures Exchange, August Brent crude, the global benchmark, shed $2.14, or 4.3%, to …
Completion Reports July 6, 2016
PITTSBURG COUNTY Newfield Exploration Mid-con Inc Woodford(10158): Gas 7152 Water 2266 Flow 19 5N 14E Lehnhard 1h-18x, March 19, 2016 HH, GAS, TD: 20335 ft Lat: 34.88882, Long: -95.86477 API: 35121247800001
Permits to Drill July 6, 2016
Carter County BRADY #156, July 05 2016 05 2S 2W SESWNWSE API: 01926223 Lat: 34.409689255165716, Long: -97.42893834149628 KODIAK OIL & GAS INC SH, DR, 2999 ft, HOXBAR(1500), DEESE(2000), SPRINGER(2500) Garvin County WISE #2, January 11 2016 33 3N 3E CNWNW API: 04925073 Lat: 34.693160953625004, Long: -97.00058370078757 VALLEY PETROL CONSULTING INC SH, DR, 3000 ft, CISCO(1100), …
Congress Returns to Work on Energy Bills
With the FBI finally deciding that Hillary Clinton was pretty sloppy and careless in the handling of her emails as Secretary of State but not worthy of criminal charges, Congress is back at work. The House returned today as many Oklahoma Representatives spent the day making flights to D.C. Senators are back on Wednesday …
Inhofe Supported in his Fight with EPA Over Clean Power Plan
The EPA Must Respect the Supreme Court’s Authority Harry C. Alford | The Hill June 29, 2016 On June 9, 2016, Sen. Jim Inhofe (R-Okla.), chairman of the Senate Environment and Public Works Committee, sent a letter to Janet McCabe, acting assistant administrator of the U.S. Environmental Protection Agency (EPA), following up on an earlier …