May 2018 archive

NGL to Announce 4Q Earnings

Tulsa’s NGL Energy Partners LP will issue its fiscal fourth quarter and full year ended March 31, 2018 earnings report in a few weeks. The company plans to release the report after the market closes on Wednesday, May 30, 2018. The management team will host an earnings call following the release at 5 p.m. CDT …

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Drinking Water Issues Cited in National Water Study

A new national water study shows Oklahoma City’s water quality is just barely above average and that nationally, 30% of residential water utility customers indicate they have water quality issues. The study, released by J.D. Power suggests the EPA’s Consumer Confidence Reports might not be giving a complete picture of end-consumer water quality. The study …

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State Continues Monitoring Deadly Well Site in SE Oklahoma

The Oklahoma Corporation Commission continues monitoring cleanup and repairs made at the deadly gas drilling site where five workers died in a fiery explosion  in January. A report released by the Commission  shows Red Mountain Operating, based in Oklahoma City had continued working since the January incident to remove drilling tools lost in the well …

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No Letup in Drilling interest in Oklahoma’s STACK/SCOOP

Oil and gas companies aren’t letting up in their exploration of Oklahoma’s STACK and SCOOP.  The latest round of Permits to Drill approved by the Corporation Commission showed continued interest in and around both plays. Blaine County, one of the three counties considered to be the STACK play shows 7 more permits to drill have …

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Permits to Drill for May 10-16

This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between May 10th and close of business on May 16th.  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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Senator Lankford Speaks Out Against Net Neutrality Regulations

Oklahoma U.S. Sen. James Lankford stepped up his opposition to what he labeled “burdensome” net neutrality regulations this week. But it wasn’t enough as the Senate voted 52-47 to restore net neutrality rules that the FCC had removed in December 2017. Democrats didn’t like the FCC move against regulations created in the Obama administration. Sen. …

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Pruitt Creates Legal Defense Fund as Federal Probes Grow

While Vermont Sen. Patrick Leahy’s rant against EPA Chief Scott Pruitt might have been what got the most coverage out of a Wednesday Senate hearing, Pruitt also confirmed he’s hired a defense lawyer to help with a dozen federal investigations of his activities. It’s what he revealed in the hearing, explaining he hired white-collar defense …

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Completions Reports for May 10-16

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between May 10th and close of business on May 16th. 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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WPX Energy Declares Quarterly Dividend

A 78-cent a share quarterly dividend was declared Thursday by WPX Energy’s board of directors in Tulsa. The dividend is for holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. It will be payable as of July 31, 2018 to holders of record of the company’s preferred stock on July 13, 2018. …

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While NextEra Focuses on Wind Farms in Oklahoma, it’s building Solar farms in Texas

NextEra Energy, one of the big wind farm operators in Oklahoma is starting construction of another farm, but this one will be a solar farm near Sterling City, Texas. Work is about to get underway on the farm to be located between the cities of Midland and San Angelo. The call is going out in …

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