2016 archive

ONEOK Fined $732,000 Over 2008 Fire in Kansas

Officials at ONEOK in Tulsa say they’re reviewing orders from a federal agency that issued a $732,000 fine over a 2008 fire at the company’s operations in Bushton, Kansas. The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration issued three Final Orders on Wednesday with required corrective actions and civil penalties totaling $732,100. …

Continue reading »

Three Oklahoma Rural Electric Cooperatives Awarded Over $40 Million in USDA Federal Loans

The U.S. Department of Agriculture announced Wednesday that three Oklahoma rural electric cooperatives will receive more than $40 million in federal loans for construction, improvement and repair projects. A $15.7 million federal loan was awarded to the Central Rural Electric Cooperative to build or improve 34 miles of transmission and distribution line. Located in Stillwater, …

Continue reading »

Baker Hughes Declares Quarterly Dividend of $0.17 per Share for Third Quarter 2016

Oilfield services provider Baker Hughes Incorporated announced Wednesday its Board of Directors declared a regular quarterly cash dividend of $0.17 per share of common stock payable on November 18, 2016 to shareholders of record on November 7, 2016 for the third quarter of 2016. “Looking ahead, in the fourth quarter of 2016, we expect activity …

Continue reading »

Despite Surprise Inventory Fall, WTI and Brent Crude Settle Below $50 on Wednesday

Weary of increasing doubts that Iraq will agree to an OPEC production cut, crude oil prices settled at their lowest level in nearly three weeks on Wednesday, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell by 78 cents, or 1.6%, to settle at $49.18 a …

Continue reading »

Completion Reports October 27, 2016

  CANADIAN COUNTY Devon Energy Production Co Lp Woodford(8278): Gas 64 Water 1325 Flow 10 14N 6W Prima 10_03-14n-6w 1hx, September 29, 2016 HH, GAS, TD: 18525 ft Lat: 35.69724, Long: -97.82201 API: 35017248950000 CUSTER COUNTY Apache Corporation Atoka(13920): Gas 150 Water 2 Flow 22 12N 20W Dunn 2-22, September 12, 2016 SH, GAS, TD: …

Continue reading »

Permits to Drill October 27, 2016

  Blaine County VERONA #4-23-14XH, October 26 2016 26 16N 10W SWNENENW API: 01123673 Lat: 35.84011910715129, Long: -98.23494096876745 CONTINENTAL RESOURCES INC HH, DR, 20371 ft, MISSISSIPPIAN(10005) Garvin County LOGAN WESTON #1, October 26 2016 25 4N 3W NWNWNWNE API: 04925083 Lat: 34.79643594433578, Long: -97.46595028511727 RUFFEL LANCE OIL & GAS LLC SH, DR, 8250 ft, TULIP …

Continue reading »

Pawnee to be Site of Weekend Earthquake Forum

Pawnee, the city hit by an early September earthquake measuring 5.8 magnitude, the largest ever recorded in Oklahoma plans to host an earthquake forum on Saturday. The forum will also be hosed by the Pawnee Nation of Oklahoma t the Pawnee Nation Roam Chief Event Center, 810 Morris Road in Pawnee. it will be held …

Continue reading »

Devon’s Larry Nichols to be Honored by OU School of Law

He helped start Oklahoma City-based Devon Energy Corporation 45 years ago and now Larry Nichols will be honored by the University of Oklahoma’s College of Law. He will be given the Eugene Kuntz Award at the annual Eugene Kuntz Conference on Natural Resources Law and Policy on Nov. 4. Nichols, a lawyer by training will …

Continue reading »

Ground Broken on ‘Green’ Plant by Continental Carbon in Ponca City

Ground was recently broken in Ponca City for a $110 million cogeneration facility by Continental Carbon. Dennis J. Hetu, President and CEO from Houston helped with the ceremonies. Continental Carbon plans to construct the new facility behind its existing carbon black manufacturing plant south of Ponca City. “This will allow the company to be free …

Continue reading »

Devon Co-Founder Larry Nichols To Be Honored by OU College of Law

Devon Energy Corporation’s co-founder and chairman emeritus, Larry Nichols, will be honored with the Eugene Kuntz Award at the University of Oklahoma College of Law’s annual conference on natural resources law and policy on November 4. The award recognizes Nichols’ many contributions to the energy industry, particularly oil and gas law. “We are thrilled to …

Continue reading »