April 2018 archive

Shakeup at SandRidge Energy’s Board

Amidst Carl Icahn’s takeover attempt at Oklahoma City’s SandRidge Energy, the company chairman John V.  Genova has retired immediately over the past few days. Michael L. Bennett is the new chairman. He has been a director of the company since October 2016.  The board of directors also named Kenneth H. Beer to be a new …

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How Scott Pruitt Used a Shell Company to Buy an OKC Mansion

  With a growing debate among Oklahomans whether it’s piling on to report the criticism of the way Scott Pruitt has been the administrator of the EPA, there is a report now that is critical of  the way Pruitt did things when he was a state legislator and Oklahoma Attorney General. The New York Times …

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Wind Company Leader Speaks Against Wind Tax

Another wind industry leader is speaking out against possible plans in the Oklahoma legislature to put a tax on wind farm operations. He is Ron Flax-Davidson who is chairman and CEO of PNE Wind USA,Inc. a firm based in Chicago. The company is in the process of building the Chilocco Wind Farm to be located …

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Completions Report April 12-18

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between April 12th and close of business on April 18th. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT …

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Permits to Drill April 12-18

This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between April 12th and close of business on April 18th.  There are two links on each line: – The SPOT link will take you to the well location on Google Maps.  So, if you need it, this will …

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Nation’s Drilling Rig Count Shows No Letup in Search for Oil and Gas

The number of oil and gas rigs breaking the horizon around the U.S. just keeps growing, increasing by 5 in the pas week to reach 1,013.  Oklahoma’s count slipped by one to reach 127, according to figures from Baker Hughes Co. and the Independent Oil and Gas Service in Wichita, Kansas. The national count included …

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Cushing’s Latest Midstream Company

A newly-formed midstream energy company in Oklahoma is headquartered in Tulsa, but its real base of operations will be in Cushing and the oil marketing hub of the nation. While Dariusz Cichocki describes his Getka company as “four guys, a pickup truck and some cows,” he also admits the company received an initial commitment of …

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Rep. Bridenstine’s Resignation from Congress Coming Soon

  It could be a matter of only a few days before Oklahoma Rep. Jim Bridenstine resigns from office to become Administrator at NASA, the job he was sought for nearly 8 months. Following his confirmation in the U.S. Senate, Bridenstine issued a statement. “It is an honor to be confirmed by the United States …

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Linn Energy Splitting Up in Move Affecting Oklahoma Operations

Linn Energy Inc. in Houston has announced a plan to split into two companies this year in a move that will affect operations in Oklahoma. The announcement came a year after the company was formed following the emergence from bankruptcy by Linn Energy LLC. With a main focus on what it describes as the “development …

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Valero Refinery Blast Under Investigation

Valero is investigating the cause of a Thursday explosion at its 225,000 barrel-a-day refinery in Texas City, Texas. No one was hurt and the fire was quickly contained. The blaze, according to the Texas City Emergency Management department burned light hydrocarbons and was contained in about 90 minutes. The fire happened at a 12,000-bpd alkylation …

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