One of the energy companies sued over the January 2018 gas rig explosion that killed five men near Quinton, Oklahoma has responded to the allegations in the suit. Red Mountain Energy of Oklahoma City filed its answer to the suit in Pittsburg County District Court. The suit was filed by families of two of the …
October 2018 archive
TRUST honors for House Speaker for work to improve Oklahoma highways
A former Oklahoma legislative leader has been honored by a transportation group for his efforts to improve transportation in the state. The Guardian of Transportation Award was given to former House Speaker and former Secretary of State Chris Benge by the Transportation Revenues Used Strictly for Transportation advocacy group. Better known as the TRUST group, …
Landowners speak out about wind farm fight with military bases in Oklahoma
What are landowners saying about the fight between state regulators and wind farm developers? They’re talking about it as the state tries to stop one wind farm developer from going ahead with construction because it apparently interferes with the flight path of planes from Vance Air Force Base in Enid. The McCarville Report had …
Study says Tulsa and OKC drivers pay some of the highest costs due to bad streets and highways
The latest report from a Washington, D.C. based non-profit highway group says drivers in Tulsa and Oklahoma City pay some of the highest driving costs in the nation, thanks to the poor condition of roads and highways. Tulsa is ranked 5 and Oklahoma City 6 in terms of the cost to drivers, according to the …
Regulators meet to consider OGE’s request for protection of confidential information
State regulators plan a special meeting on Monday to consider a request by Oklahoma Gas and Electric for protection of confidential information. OGE filed an application for a Protective Order regarding confidential information associated with its 2018 request for proposals. The Corporation Commission could take a vote at the meeting scheduled for 3:30 p.m. …
Chesapeake Energy declares 3Q dividend
Oklahoma City-based Chesapeake Energy declared a third quarter dividend on Friday. Chesapeake Energy Corporation announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November …
Merger approved of Energy Transfer owners
A merger of Dallas-based Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. Common unitholders approved the move at a meeting in Dallas. More than 98% of the common units supported the merger. The merger was closed Oct. 19 and a new name was approved as well. Energy Transfer Equity will change its name to …
Nine Energy prices $400 million in offering of notes
Houston’s Nine Energy Service, Inc., the firm with extensive exploration in Oklahoma’s STACK and SCOOP plays announced it has priced a private offering of $400 million in senior unsecured notes. The offering applies to 8.75% senior notes due 2023 and Nine intends to use the net proceeds of the offering, together with cash on hand …
Permits to drill for Oct. 18, 2018
Permits to drill for Oct. 18, 2018. Alfalfa County UMANSKY 4-28-10 #1H, October 18 2018 04 28N 10W SWSWSESW API: 00323343 Lat: 36.92807443330909, Long: -98.28399951430507 BCE-MACH LLC HH, DR, 9909 ft, MISSISSIPPIAN(4907) Blaine County ROSER 1611 #1-3MH, October 18 2018 03 16N 11W W2SESWSE API: 01124109 Lat: 35.88538895226533, Long: -98.35496592847157 MARATHON OIL COMPANY HH, DR, 14874 ft, …
Completion reports for Oct. 18, 2018
Completion reports for Oct. 18, 2018. DEWEY COUNTY Continental Resources Inc Woodford(13535): Oil 118 Gas 8321 Water 4769 Flow 22 16N 15W Karmin 1-22-15xhw, May 23, 2018 HH, GAS, TD: 20579 ft Lat: 35.84218, Long: -98.79021 API: 35043235870000 GRADY COUNTY Newfield Exploration Mid-con Inc Mississippian(9925): Oil 652 Gas 520 Water 906 Flow 13 8N 5W Brown 0805 2h-1x, June 03, 2018 HH, OIL, TD: 20527 ft …