Completion reports for Nov. 20, 2018. None were processed.
November 2018 archive
Texas company’s drilling request fought by some New Mexico leaders
Oil and gas regulators in New Mexico are under growing pressure to delay a decision on a move by a Texas company seeking an easing of restrictions on well locations in the San Juan Basin. Among those applying the pressure is Congresswoman Lujan Grisham who was recently elected New Mexico Governor and will begin her …
Executives say pipelines aren’t the only constraints in the Permian
It’s not just a lack of pipelines that is a major issue for explorers in the Permian Basin of West Texas and New Mexico. Drillers like Devon Energy of Oklahoma City and Laredo Petroleum of tulsa are facing other constraints, according to panelists who spoke at a recent Executive Oil Conference presented by Hart Energy …
DEQ Offers Funding Opportunities for Local Emergency Planning Committees
The Department of Environmental Quality (DEQ) expects to be able to help local emergency planning committees (LEPCs) with equipment reimbursement opportunities. The funding will be available during the current fiscal year, which began on July 1, 2018, and ends on June 30, 2019. The Hazardous Waste Fund affords DEQ resources for the protection of public health and safety …
Devon among major energy companies pledging $100 million in aid to New Mexico and Texas to ease oil boom problems
Oklahoma City’s Devon Energy is one of 17 major companies exploring in the Permian Basin to offer $100 million in aid to Texas and New Mexico because of challenges caused by the oil boom in the two states. Dave Hager, chairman of Devon Energy was one of those who signed a letter creating the Permian …
Oklahoma oil and gas explorer makes $1.6 billion purchase in Denver
It’s a $1.6 billion purchase of one Denver-based oil and gas company by another. And the buyer is a well-known operator in western Oklahoma. Cimarex Energy announced this week it’s buying rival Resolute Energy and the purchase includes debt. But it also adds more assets in the shale-rich Permian Basin for Cimarex. Cimarex is known …
Sliding oil prices result in $1 trillion loss by oil and gas sector around the globe
Those tumbling oil prices of the past 40 days have resulted in a $1 trillion loss by the oil and gas sector. Crude prices in New York commodity markets slid more than 25 percent during the 40-days when prices began falling in early October. Last week ended with a re cord 12th straight day of …
New Orleans law firm wants investigation of Chesapeake’s $4 billion purchase of WildHorse Resource Development
Chesapeake Energy’s nearly $4 billion purchase of Houston-based WildHorse Resource Development Corp. is the focus of a call for an investigation by a former Louisiana Attorney General. The call is made by Charles C. Foti, Jr. and the law firm of Kahn Swick and Foti in New Orleans. The two announced this week they are …
FedEx gets electric trucks—thanks to a Chinese manufacturer
Some of those FedEx delivery trucks you see driving around Oklahoma might soon be electric vehicles….courtesy of China. The company announced this week it’s expanding its fleet by adding 1,000 Chanje V8100 electric delivery vehicles. FedEx is buying 100 of the vehicles from Chanje Energy Inc. and leasing another 900 from Ryder System, Inc. …
Minerals company wants new leadership
Kansas City-based Compass Minerals International Inc. is looking for a new president after Fran Malecha apparently was let go in a decision by the board of directors. Malecha joined the company six years ago as CEO and President but his departure, according to a company announcement and a report in the Kansas City Business …
