The state holds a public hearing Tuesday, May 8 as part of its multi-million dollar settlement with Volkswagen following the car makers admitted emissions scandal. As OK Energy Today reported last month, in order for Oklahoma to get the $21 million share of the total U.S. settlement made by VW, it must created a Beneficiary …
An Austin, Texas political consultant who allegedly hired private investigators to put a GPS tracking device on the pickup truck of anti-wind legislator Rep. Mark McBride of Moore could be subpoenaed this week by an Oklahoma multi-county grand jury. The subpoena of George C. Shipley could come after the Oklahoma State Bureau of Investigation found …
Phillips 66 indicated that it could be weeks before work resumes on cleanup of a former DX-Sunray refinery near Comanche in southwest Oklahoma because of the presence of dangerous and possibly toxic fumes coming from the site. Over the past few weeks, there have been instances of neighbors turning ill and requiring medical treatment due …
Drilling activity is on the increase in the U.S. as rig counts in Oklahoma went up by 2 to hit 135 and the national count grew by 11 to 1,032. Reports from Baker Hughes Co. and the Independent Oil and Gas Association in Kansas showed increases in oil and gas drilling. The national count included …
There is good reason why Harold Hamm is smiling these days. His company Continental Resources’ multi-pad drilling in Blaine County has resulted in wells producing a combined total of nearly 15,000 barrels of oil a day. It is another case of the STACK offering massive production. Completion reports filed recently showed two sites, the Gillian …
This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between April 26th and close of business on May 2nd. 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 …
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 …
Oklahoma Treasurer Ken Miller reports April Gross Receipts to the state treasury were up by more than 15 percent compared to one year ago. The report totaled $1.4 billion, the largest of the year, thanks to the income tax filing deadline. “This month’s gross receipts report again reflects a well performing economy,” said Miller. “Employment …
Midstates Petroleum, the Tulsa company that sought a merger with Oklahoma City’s SandRidge Energy and failed, will announce its first quarter 2018 earnings on Wednesday, May 9. The results will be released after the close of trading on the New York Stock Exchange. A conference call will be held the next day at 7:30 a.m. …
Tulsa’s Unit Corporation reported first quarter 2018 net income of $7.9 million and adjusted net income of $11.1 million. And for the first time, the company has started exploration in Oklahoma’s STACK play. The adjusted net income represented a 47 percent increase over the first quarter of 2017. However, the net income was below the …
