A North Texas judge has ruled against ExxonMobil to dismiss a securities class action lawsuit filed two years ago against the energy company. The ruling by Northern District of Texas Judge Ed Kinkeade was made this week in which he mostly denied the motion by Exxon Mobil to dismiss the suit. The suit was filed …
Bloomberg News reports Tulsa-based Midstates Petroleum Co. may soon walk away with at least some of SandRidge Energy Inc. after setting out to acquire all of it earlier this year. Midstates is in talks to buy SandRidge’s Mississippi and Oklahoma operations, according to people familiar with the matter who asked not to be identified because …
A Tulsa federal judge has granted a protective order for Kinder Morgan in a 3-year old lawsuit filed over an abandoned former oil refinery in Bristow. U.S. District Judge Terence Kern issued the ruling this month in a lawsuit filed against BP, Kinder Morgan and Marathon Oil Corporation. The suit was originally filed in Creek …
A residential lake dam caused fear this week that damages could result in the dam breaking near Piedmont, flooding parts of Kingfisher County. The Oklahoma Water Resources Board quickly ordered repairs to be made and efforts were undertaken to drain water from Falcon Lake which is in a residential neighborhood of Piedmont. At least one …
Could be a delay in construction of the controversial new route for the Keystone XL crude oil pipeline after a Montana federal judge ordered the U.S. State Department to do a full environmental review. U.S. District Judge Brian Morris ruled in support of the Indigenous Environmental Network and others who filed suit challenging the plans …
Oklahoma is among 23 states getting part of $124 million in USDA water improvement loans. The northwest city of Buffalo received a loan in the amount of $4,590,000 to replace water lines. The new lines will increase the pipe size to provide more water and better pressure for the community of nearly 1,300. The project …
The largest well reported so far this week in the state produced 1,335 barrels of oil a day when it was completed by Continental Resources Inc. in Garvin County. The Omer 6-20-17XHS is located approximately 8 miles south of Lindsay and was spud in January with drilling finished in April. Completion was made June 4, …
Garfield County SAVAGE 2106 #1LMH-11, August 15 2018 11 21N 6W NENWNWNW API: 04725164 Lat: 36.31764537363972, Long: -97.81666948678003 CHAPARRAL ENERGY LLC HH, DR, 11521 ft, MISSISSIPPIAN(6213) Grady County DESKINS #2932 4H, August 15 2018 29 8N 5W NENWNWNW API: 05124438 Lat: 35.14506334893629, Long: -97.75699945320922 EOG RESOURCES INC HH, DR, 22791 ft, WOODFORD(11075), MISSISSIPPIAN(11130) Grady County DESKINS #2932 …
BLAINE COUNTY Paloma Operating Co Inc Mississippian(11210): Oil 504 Gas 9528 Water 576 Flow 26 15N 13W Succotash 26-15n-13w 2h, November 12, 2017 HH, GAS, TD: 17276 ft Lat: 35.74042, Long: -98.54559 API: 35011237860000 GARVIN COUNTY Continental Resources Inc Springer(11513): Oil 1335 Gas 1556 Water 1556 Flow 20 3N 4W Omer 6-20-17xhs, June 04, 2018 HH, OIL, TD: 21463 ft Lat: 34.71638, Long: -97.64053 API: 35049251720000 HUGHES …
Despite $21 million in asset sales, Oklahoma City’s Chaparral Energy Inc. reported a 2018 second quarter loss of $22 million. The company said the loss was driven by a $27 million non-cash loss associated with commodity derivatives. The loss figured to 49-cents a share. The loss came as the company saw its STACK production increase …
