A move by environmentalists to protect a lizard in west Texas has the state’s oil and gas groups up in arms. They’re not happy about Tuesday’s move by the Center for Biological Diversity and Defenders of Wildlife to seek protection of the dunes sagebrush lizard under the Endangered Species Act. The center petitioned the U.S. …
Tulsa’s WPX Energy has launched a $400 million offering of senior unsecured notes to fund a like amount of other senior notes. The company announced Wednesday the offer is for unsecured notes due 2026. It will use the money to fund the purchase of up to $400 million of its outstanding 6.000% Senior Notes due …
The AES Corporation, operator of the Shady Point power plant near Panama in southeast Oklahoma is reporting first quarter 2018 earnings of $1.03 per share compared to a 4-cent a share loss one year ago. The Arlington, Virginia-based company with operations in 27 countries reports expansion of solar projects in the U.S. and a massive …
Sterling Energy Investments LLC, a Denver based midstream company announced it intends to expand the processing capacity and natural gas gathering pipeline infrastructure of its Centennial System in the northeastern DJ Basin of northern Colorado. Sterling completed the first phase of its existing Jackson Lake Processing plant during the second quarter of 2018. It plans …
Houston-based Solaris Oilfield Infrastructure, a company with heavy operations in Oklahoma reported first quarter 2018 net income of $13.4 million. And because of growing demand, it anticipates more operational growth in the next several months. Its adjusted earnings before interest, taxes, depreciation and amortization amounted to nearly $22 million, a 44 percent increase over …
While the President’s decision to pull out of the Iran nuclear arms deal could eventually result in higher gasoline prices in Oklahoma and other states, Oklahoma’s two U.S. Senators think the President made the right move. “President Trump has done the right thing by pulling out of the flawed Joint Comprehensive Plan of Action and …
President Trump’s decision to pull out of the nuclear arms deal with Iran, the one created by the Obama administration is already leading some energy specialists to suggest it will lead to higher gasoline prices in Oklahoma. But Leslie Gamble, Public and government Affairs Manager for AAA Oklahoma doesn’t expect an overnight reaction at the …
Those wildfires that killed two people, threatened oil and gas operations and darkened more than 350,000 acres in northwest Oklahoma also caused an estimated $26 million in losses of cattle. It’s what Dr. Derrell Peel at Oklahoma State University is estimating, according to the Oklahoma Farm Report’s Ron Hays. “”We don’t have firm numbers yet, …
More action has been taken by the Oklahoma Corporation Commission in a move to reduce earthquake activity around the towns of Covington and Douglas in northern Oklahoma. On Tuesday, the Commmission issued a directive for further reductions in the oiland gas wastewater disposal well volumes. Under the directive from the Commission’s Oil and Gas Conservation …
Here is the Weekly Completions Report. The table below provides a summary of the Completion tickets (Form 1002A) that have been published between April 26th and close of business on May 2nd. 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 …
