Revenue from the gross production tax on oil and gas has definitely propped up Oklahoma’s state government but a new report from Moody’s Analytics indicates Oklahoma is one of three states ‘least’ prepared for another recession. The report indicated 15 state government don’t have enough money saved to make up for the revenue that would …
The Prague couple that filed the first lawsuit blaming energy companies and their wastewater injection wells for causing earthquakes recently reached a settlement with two of the firms. Sandra Ladra sued New Dominion LLC of Tulsa and Spess Oil Company of Cleveland after she was hurt and her home badly damaged in the 2011 quake …
A quarterly cash distribution of $0.1450 per common unit was announced this week by Oklahoma City-based Blueknight Energy Partners. The board of directors declared the distribution which was unchanged from the Partnership’s second quarter 2017 distribution. Payments will be made Nov. 14 on outstanding common and preferred units to unitholders of record as of the …
The board of directors of Houston-based Phillips 66 Partners LP announced this week it had declared a third-quarter 2017 cash distribution of $0.646 per common unit. The distribution represents a 5 percent increase over the previous quarterly distribution of $0.15 per unit. It is also a 22 percent increase over the third-quarter 2016. The company …
A Texas man has been indicted on charges of lying about tests on a blowout preventer at an offshore oil and gas platform five years ago. Kenneth Johns, 45 of Rosharon, Texas was indicted recently on one count of conspiracy to obstruct justice and two counts of making false statements, according to a report by …
Crude oil futures finished with a slight gain on Wednesday as tensions escalated in the Middle East, according to Bloomberg MarketWatch. November West Texas Intermediate crude added 16 cents, or 0.3%, to settle at $52.04 a barrel on the New York Mercantile Exchange. On the ICE Futures Europe Exchange, December Brent crude, the global benchmark, rose …
CANADIAN COUNTY Cimarex Energy Co Mississippian(10161): Oil 102 Gas 2100 Water 1986 Flow 17 14N 10W Woolfolk 2h-1720x, September 22, 2017 HH, GAS, TD: 21502 ft Lat: 35.69579, Long: -98.28045 API: 35017249930001 MAJOR COUNTY Sandridge Exploration & Production Llc 11 20N 15W Dorothy 2015 1-11h2h, October 04, 2017 SH, PLUG, TD: 800 ft Lat: 36.21723, Long: -98.76173 API: 35093250950000
Canadian County SHELLY #4H-3106X, October 17 2017 31 11N 8W NENENWNW API: 01725093 Lat: 35.39154682189958, Long: -98.09188656763686 CIMAREX ENERGY CO HH, DR, 22604 ft, MISSISSIPPI LIME(12006), MISSISSIPPIAN(12268), WOODFORD(12583) Creek County MAXWELL #5-1, October 17 2017 05 15N 8E NWSWNESE API: 03729384 Lat: 35.80374139634441, Long: -96.48014701585336 CHIZUM OIL LLC SH, DR, 3300 ft, DUTCHER(3210) Major County GUFFY …
Nearly 16 years after a deadly leak from an underground natural gas storage field in Kansas and a new squabble has developed over unplugged abandoned wells and natural gas leaks. It stems from attempts of the Northern Natural Gas Co. to have the Kansas Corporation Commission force well owners to plug abandoned wells, according to …
Calling it an “historic day” for his Continental Resources company, CEO Harold Hamm has announced the company’s first-ever sale of Bakken oil for delivery overseas. The sale of 1,005,000 of crude oil from North Dakota was sold for November delivery to Atlantic Trading and Marketing which will export it to China. In the announcement, Continental …
