August 14, 2018 archive

Increased earnings reported by Tulsa’s Cypress Energy Partners

Tulsa’s Cypress Energy Partners, L.P. reported a slight increase in second quarter earnings of $76.5 million compared to a year ago. But the earnings jumped 18% over the first quarter of 2018. It resulted in a 21-cent a unit cash distribution, consistent with the last five quarters of business operations. Peter C. Boylan III, Cypress …

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Job cuts already made at Conoco operations in Bartlesville

ConocoPhillips didn’t wait until September to make workforce cuts at its operations in Bartlesville and Houston.  Reports indicate they were taken last week. The Bartlesville Examiner reported a Phillips 66 spokesman confirmed the workforce reductions occurred in the past several days. The paper quoted Dennis Nuss, director of media and external relations for Phillips 66 …

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Texas water company fined by Canadian County

Texas-based Select Energy has become the first to be fined under Canadian County’s 8-month policy requiring firms obtain a permit before using the county rights-of-way for temporary pipelines. The Yukon Review reported Select Energy was fined $1,000 for failing to obtain the permit. The firm also forfeited another $1,000 to pay for the cost of …

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Completion reports for August 13, 2018

BLAINE COUNTY Staghorn Petroleum Ii Llc Mississippi Lime: Oil 893 Gas 1721 Water 1163 Flow 17 19N 12W Crows Nest 19-12-08 1h, November 26, 2017 HH, OIL, TD: 13859 ft Lat: 36.12922, Long: -98.51171 API: 35011238620000 KINGFISHER COUNTY Marathon Oil Company Mississippian(7457): Oil 544 Gas 629 Water 804 Flow 35 16N 7W Cerny 1607 5-35mh, February 15, 2018 HH, OIL, TD: 12870 ft Lat: 35.82692, Long: …

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Permits to drill for August 13, 2018

Blaine County BELL FARMS #1-23-14XH, April 04 2016 23 13N 13W SWSESESE API: 01123596 Lat: 35.58119864056214, Long: -98.54464749219645 CONTINENTAL RESOURCES INC HH, AM, 23020 ft, MISSISSIPPIAN(12934), WOODFORD(14963) Carter County LAURA LYNN #16, July 02 2018 32 1S 2W SWNENWSW API: 01926307 Lat: 34.425653449521235, Long: -97.43710539762642 BUTKIN OIL COMPANY LLC SH, AM, 1960 ft, HOXBAR(1200) Creek County JONES …

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Repairman sentenced in oil and gas scheme

An Oklahoma City oil and gas repairman was sentenced this week to 33 months in federal prison for ripping off an Austin, Texas energy company to the tune of $450,000. Luis Enrique Damazo, 54 was sentenced by Oklahoma City federal court by U.S. District Judge Stephen P. Friot and ordered him to pay $456,863.59 in …

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