Tulsa-based Public Service Company of Oklahoma has announced the renewal of a partnership to promote regional economic development and one that provides financing to fund PSO’s ongoing capital needs. PSO has teamed up with regional and local banks to renew its senior unsecured three-year term loan providing $125 million in financing for PSO’s electric system …
Engineer Bob Jackman admits it. He’s a long time critic of the Oklahoma Corporation Commission and the office of governor Mary Fallin over their handling of the state’s response to injection wells and earthquakes. Now he’s raising the question why the state is not employing satellites in monitoring any pattern changes of earth, especially …
Crude oil futures dropped lower on Thursday after a record rise in stockpiles continued to wreak havoc on the market, according to Bloomberg MarketWatch. “We are getting EIA hangover,” said Phil Flynn, senior market analyst at Price Futures Group, referring to the supply data. On the New York Mercantile Exchange, December West Texas Intermediate crude lost …
Oklahoma City-based LSB Industries, Inc. announced an adjusted net loss of $57.3 million, or $2.12 cents per diluted share for the third quarter of 2016, according to the company’s earnings statements issued Thursday. In a separate announcement, LSB indicated that it is evaluating the possibility of a sale or merger as it expects only modest …
GRADY COUNTY Lime Rock Resources Ii-a Lp 27 7N 8W Norge Marchand Unit 51-1, October 25, 2016 SH, INJ, TD: 10807 ft Lat: 35.04704, Long: -98.03801 API: 35051201750002 KAY COUNTY International Energy Company Llc Mississippian(3922): Oil 3 Gas 1 Water 22 Pump 12 25N 1E Steichen 12-1a, May 26, 2016 SH, OIL, TD: 4298 …
Alfalfa County KEPHART SWD #1-29, November 03 2016 29 25N 11W NWNWNWNE API: 00323263 Lat: 36.62260943148027, Long: -98.40496192590916 AEXCO PETROLEUM INC SH, DR, 5400 ft, TONKAWA(4750), COTTAGE GROVE(5140) Beckham County TWIN #1-32, November 02 2016 32 11N 25W NWNESESW API: 00921391 Lat: 35.381781250559804, Long: -99.86972852140049 ENERVEST OPERATING LLC SH, RC, 15600 ft, GRANITE WASH LOW(13970) …
Two days after a 4.5 magnitude earthquake struck near Pawnee, state and federal officials targeted more wastewater disposal wells, ordering some to be shutdown and others to see reduced volumes. The Oklahoma Corporation Commission and the Environmental Protection Agency took the action in northeastern Oklahoma and the affected wells are in Creek, Pawnee, Payne and …
The Oklahoma Corporation Commission’s Oil and Gas Conservation Division announced plans on Thursday to shut down the operation of more disposal wells and reduce production volume at some disposal sites. The latest plan was a joint effort by state regulators, the Environmental Protection Agency and the Oklahoma Geological Survey. The new plan affects 38 Arbuckle …
The Oklahoma Corporation Commission signed off Thursday on a $1 million settlement with Oklahoma Natural Gas company following a January residential gas explosion in Oklahoma City. As part of the deal, first reached Oct. 11, ONG won’t be allowed to rate the rates of customers forcing them to pay for the settlement of $1.010,000. Administrative …
Marathon Oil’s brought in another big oil producer in Oklahoma’s STACK, reporting a more than 1,100 barrel-a-day well in Kingfisher county. The Firestone well is so close to the city of Kingfisher, it might be within the city limits on the city’s western side. The well, producing 1,105 barrels a day along with 4,488 Mcf …
