Tulsa-based NGL Energy Partners LP reported a net loss of nearly $64 million for the quarter ending June 30, 2017. The loss of $63.7 million compared to net income of $182.8 million in a year ago, leading CEO Mike Krimbill to explain, “Our first quarter results (2018) were impacted by the continued challenges facing our Refined …
Murphy Oil Corporation’s announced the offer of $550 million in Senior Notes that will mature in 2025. The El Dorado, Arkansas based independent oil and gas exploration company said it will use proceeds to redeem its 2.500 percent Notes due December 2017. J.P. Morgan Securities LLC is the joint book-running manager for the offering.
While Houston-based Newfield Exploration was reporting profits in the second quarter, it was also offering details of its operations in Oklahoma’s STACK and SCOOP plays. As OK Energy Today reported, the company recently completed several wells in Blaine county in the STACK. But in the company’s second quarter financial statement, Lee Boothby, Newfield Chairman, President …
Oklahoma Senators Jim Inhofe and James Lankford helped confirm two new members to the Federal Energy Regulatory Commission on Thursday. It was considered an important step in returning a quorum to the agency. The Senate gave a voice vote for Neil Chatterjee and Robert Powelson. “Neil Chatterjee and Rob Powelson will bring strong, pro-energy perspectives …
New taxes on electric and hybrid cars are among those to be heard by the Oklahoma Supreme Court on Tuesday following the filing of three lawsuits two months ago after they were created by the legislature. Oral arguments will be heard on the suits filed in a challenge to the legality of the way the …
Blaine County in Oklahoma’s STACK play has yielded five sizable horizontal gas wells for Houston-based Newfield Exploration Mid-con Inc., which recently announced its test well results with the company’s quarterly earnings. As indicated in the Completion Reports for August 4, 2017 shown by OK Energy Today, the Stark wells are located at 1 16N 10W which …
Oil futures continued to drop on Thursday as investors awaited a highly anticipated OPEC meeting next week, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September fell 56 cents, or 1.1%, to settle at $49.03 a barrel. October Brent crude, the global benchmark, lost 35 cents, or …
BECKHAM COUNTY Apache Corporation Des Moines: Gas 401 Water 120 Flow 9 10N 22W Kirk 6-9, October 10, 2016 SH, GAS, TD: 13530 ft Lat: 35.35110, Long: -99.53430 API: 35009213400001 BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(9238): Oil 731 Gas 1642 Water 504 Flow 1 16N 10W Stark 3h-1umx, June 02, 2017 HH, OIL, TD: 19670 ft Lat: 35.89776, Long: -98.21374 API: 35011237090000 Newfield Exploration …
Alfalfa County LOIS 2412 #1H-02 C, August 03 2017 01 24N 12W NENWNWNW API: 00323284 Lat: 36.593481373920866, Long: -98.44217578207392 MIDSTATES PETROLEUM CO LLC HH, DR, 11200 ft, MISSISSIPPIAN(6320) Creek County CHICKENMAN #1-3, August 02 2017 03 14N 10E CNWNWSE API: 03729379 Lat: 35.71792398818683, Long: -96.2357403219339 WFD OIL CORPORATION SH, DR, 3200 ft, RED FORK(1800), BARTLESVILLE(2200), TANEHA(2315), …
SandRidge Energy not only reported a more than $23 million second-quarter profit this week but immediately boosted its capital expenditure budget by $40 million. It constitutes a reversal of fortunes for the company that lost nearly half a billion dollars a year ago. The increase will result in the company’s cap-ex of about $260 million …
