ONEOK Inc. on Tuesday reported profits of $85.9 million for the second quarter, or 40 cents a share, up 12 percent compared to $76.5 million, or 36 cents a share earned for the same period a year ago. The company’s master limited partnership, ONEOK Partners LP, reported second quarter earnings of nearly $261.5 million, or …
August 2, 2016 archive
Completion Reports August 3, 2016
CADDO COUNTY Harmon C E Oil Inc Melton(5830): Oil 1 Gas 113 Water 15 Pump 13 5N 9W School Land A 1, March 11, 2016 SH, GAS, TD: 6916 ft Lat: 34.91143, Long: -98.10370 API: 35015373050002 CANADIAN COUNTY Devon Energy Production Co Lp Mississippian(9035): Oil 534 Gas 1030 Water 1484 Flow 12 14N 8W Simba …
Permits to Drill August 3, 2016
Ellis County NIGHTENGALE 8 #11HX, August 02 2016 17 20N 26W SWSESENE API: 04523620 Lat: 36.21026499303161, Long: -99.9905643728172 JONES ENERGY LLC HH, DR, 15274 ft, CLEVELAND(8050) Kingfisher County VADDER 18-05-23 #1H, August 02 2016 23 18N 5W SESESESW API: 07325347 Lat: 36.01526271335817, Long: -97.70306391136388 STAGHORN PETROLEUM LLC HH, DR, 12200 ft, MISS’AN (EX CHESTER)(6320) Major …
Oil Prices and Rig Counts Slide in Oklahoma While Permits to Drill are on the Increase
Energy facts for consideration in Oklahoma. The average price for oil in Oklahoma in June was $44.94. Two years ago, it was $101.29 a barrel, according to a monthly report issued by the Oklahoma Corporation Commission on oil and gas activity. The nearly $45 average for June 2016 compares to $55.99 a barrel in June of …
Route 66 Fight Underway in Albuquerque
Just as city leaders in Albuquerque, New Mexico anticipated work to begin this week on a new Rapid Transit system, business owners went to court and the Denver federal appeals court halted the project. Business owners cried foul over what the Albuquerque Rapid Transit or ART would do to the character of Route 66, the …
Doerflinger Says He’s Already Impressed with Tax Credit Review Commission
As the commission tasked with reviewing some of the tax credit programs in Oklahoma meets Wednesday, Oklahoma’s Director of the Office of Management and Enterprise Services says the commission is already on track to do a good and effective job. Writing in this month’s Oklahoma Economic Report, issued through the state Treasurer’s office, Preston Doerflinger …
Oklahoma’s Gasoline Prices Drop Again—Reach $1.92 average
Gasoline prices have again slipped in Oklahoma, reaching an average of $1.92, a drop of 2 cents over the past week, according to figures compiled by AAA Oklahoma. The organization says Oklahoma is tied with Arkansas for the fifth lowest average price in the nation. Fourteen states have averages under $2 a gallon with South …
State Okays Highway Repairs and Bicycle and Pedestrian Trails
From trails for bicycles and pedestrians to fixing a highway plagued by landslides, the Oklahoma Transportation Commission took action in favor of several projects this week. As News on 6 reported on its website, repairs were okayed for a highway in northeastern Oklahoma. Commissioners voted in favor of fixing landslide damage on Highway 51 between Sand …
Moderate Success for Chesapeake near Dover
One of Chesapeake’s latest oil wells is a 684 barrel-a-day well close to the Kingfisher County town of Dover. The completion report, as published by OK Energy Today, shows the MUEGGENBORG well is only a mile southeast of Dover. It was also a fast-moving operation since Chesapeake Operating LLC had a May 4 spud date …
How Oklahoma’s Economy is Impacted by What the Ayatollah Says
For those in Oklahoma who want an example of how events half-way across the globe can affect us, consider the latest news from Tehran, Iran. It applies to the lifting of the oil embargo as well as the deal that Boeing, the company with large operations at Tinker Air Force base in Oklahoma City, recently …
