The sale of Calpine Corporation, the nation’s largest independent power producer could have an impact on its Oklahoma operations. Calpine, based in Houston has been sold to Energy Capital Partners and a consortium of investors in a $5.6 billion cash deal. Calpine owns and operates its Oneta Energy Center in northeast Oklahoma and under a …
2017 archive
Billionaire Buffett Outbid in Move to Buy Oncor in Texas
Billionaire investor Warren Buffett just got outbid in the fight to buy Texas power transmitter Oncor. Sempra Energy, based in San Diego announced Monday morning it had bought Oncor for $9.45 billion in cash, topping Buffett’s bid of 9 billion. Sempra will take over the reorganized Energy Future Holdings Corp, the firm that owned Oncor …
Oil Tank Car Lawsuit Dismissed—-Settlement Reached with Feds
The railroad car maker controlled by Carl Icahn has reached a settlement of legal action with federal rail safety regulators over the production of tank cars. Icahn, the man who tried to take over Phillips Petroleum in 1985 two years before the company left Bartlesville and moved to Houston controls American Railcar Industries Inc. The …
State to Celebrate Oklahoma Aviation day in 2018
In a year, Oklahoma will officially celebrate State and National Aviation and Aerospace Day. Thanks to the legislature’s approval of Senate Bill 47, August 19 will be observed to celebrate the history and development of aviation and aerospace. The new law won’t take effect until Nov. 1, 2017. Oklahoma schools will be encouraged to organize …
Oilfield Employment Stays Steady—-State’s Jobless Increases
Oklahoma’s oil and gas sector employment remained steady from June to July this year, according to the Oklahoma Employment Security Commission. The monthly report showed June 2017 employment in the Mining and Logging Sector, where oil and gas workers are counted, was 46,700 and the number didn’t change in July. However, the July 2017 total …
Devon Keeps Hitting Large Wells in STACK
Still more success in the STACK by Devon Energy as it reports a well producing more than 1,200 barrels of oil a day in Kingfisher County. As indicated by OK Energy Today’s Well Completion reports, The Oklahoma City-based firm brought in Ricky’s Ridge well, 21 15N 8W with production of 1,202 Boed along with 3,246 …
Rig Count Falls by Three in U.S., One in Oklahoma
The latest oil and gas rig count revealed another week of declines for Oklahoma and the U.S., according to Houston-based Baker Hughes Company. The nation’s rig count dropped by three to reach 946, up from a year ago when it had 491 working rigs. Oklahoma’s count fell by one in the past week to reach …
WTI and Brent Crude Futures Rally on Friday
Oil prices surged higher on Friday as the number of active domestic oil rigs fell for the week, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude jumped $1.42, or 3%, to settle at $48.51 a barrel. The current contract expires at Tuesday’s settlement. For the week, WTI lost …
Completion Reports August 21, 2017
BLAINE COUNTY Continental Resources Inc Mississippian(11684): Oil 616 Gas 4854 Water 2525 Flow 12 15N 13W Stieb 1-12h, July 05, 2017 HH, OIL, TD: 17038 ft Lat: 35.79698, Long: -98.52656 API: 35011237670001 Continental Resources Inc Mississippian(9899): Oil 224 Gas 511 Water 1462 Flow 8 16N 10W Parham 1r-17h, July 15, 2017 HH, OIL, TD: 15182 ft Lat: 35.87060, Long: -98.29374 API: 35011237550002 Continental Resources Inc Mississippian- …
Permits to Drill August 21, 2017
Alfalfa County FOUR SISTERS A #1-5, August 18 2017 05 28N 12W S2N2SENW API: 00323288 Lat: 36.93705543050896, Long: -98.51526801212668 TRANS PACIFIC OIL CORPORATION SH, DR, 5900 ft, DOUGLAS (UP TONKAWA)(3970), TONKAWA(4190), LANSING-KANSAS CITY(4430), DES MOINES(4740), MISSISSIPPI(4960), MISENER(5400), SYLVAN(5410), HUNTON(5410), VIOLA(5465) Alfalfa County ARUBA 2412 #2H-15 B, August 18 2017 15 24N 12W NENWNWNE API: 00323289 Lat: …






