December 2018 archive

Earthquake researchers turn their eyes to the Permian Basin in West Texas

The earthquakes of Oklahoma and their connection to wastewater disposal wells apparently have gotten the attention of investigators who are now focusing on the Permian Basin of West Texas. As the Midland Reporter-Telegram recently revealed, researchers with Stanford University’s Standford Center for Induced and Triggered Seismicity visited Midland and the area. They are the same …

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SEC filing by OGE reflects shares acquired by directors

An SEC filing has been made by Oklahoma Gas and Electric reflecting acquisition of shares by members of the Board of Directors. Five of the directors, Sheila Talton, Robert O. Lorenz, Judy R. McReynolds, Frank A. Bozich and James H. Brandi each acquired 3,028.1 shares in a Dec. 11 transaction, according to the Form 4 …

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Pioneer Natural Resources announces $2 billion stock buyback plan

With operations throughout the Southwest, Dallas-based Pioneer Natural Resources Company has announced a $2 billion buyback of its common stock. The move approved by the Board of Directors represents nearly 8% of the company’s market capitalization. Ten months ago, Pioneer announced a $100 million repurchase program for 2018 but it’s now been canceled. President and …

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Williams gets feds’ approval to expand natural gas pipeline in Northeast US

Tulsa-based Williams announced that the Federal Energy Regulatory Commission  has issued a certificate of public convenience and necessity authorizing the Gateway Expansion Project – an expansion of the existing Transco natural gas pipeline designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets. The Gateway project helps meet growing natural gas demand …

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Scammers posing as OGE workers are on the increase in Oklahoma

Oklahoma Gas and Electric says it’s seen a jump in customer reports of scammers posing as OGE employees who are demanding payment of electric bills. They reportedly are doing it in person and over the phone. The utility says the scammers have been targeting churches, small businesses and nursing homes. In an announcement, OGE restated …

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Former energy plant becomes favorite target of thieves in Kansas

Thieves are apparently taking what they can from the former Westar Energy plant near the Tecumseh community east of Topeka. The plant is in the process if being demolished but not before thieves have sneaked into the place at night to carry off metal and other things they think are of value. The Shawnee County …

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Completion reports for December 13, 2018

Completion reports for December 13, 2018. CANADIAN COUNTY Marathon Oil Company Mississippi Solid(9341): Oil 601 Gas 2562 Water 1548 Flow 11 14N 9W Clyde Hansen 1409 1-11-2mxh, September 29, 2018 HH, OIL, TD: 20849 ft Lat: 35.69700, Long: -98.11928 API: 35017252210000

Permits to drill for December 13, 2018

Permits to drill December 13, 2018.   Carter County PRUITT #1, December 12 2018 04 5S 1W NWSESWSE API: 01926312 Lat: 34.14470263972562, Long: -97.30605566049157 NAVIDAD OPERATING COMPANY LLC DH, DR, 7200 ft, DEESE(3700), FUSULINID(4925), JOINS(5100), ARBUCKLE(5275) Garvin County HINES #8-20-17XHW, December 13 2018 20 3N 4W SENENWSE API: 04925241 Lat: 34.71660676517208, Long: -97.63814194535613 CONTINENTAL RESOURCES INC HH, …

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Police probing oil leak in OKC

Oklahoma City police are now investigating whether an oil leak that happened Wednesday night was intentionally caused. Lloyd White, President of White Operational, the company that owns the site of the spill at 52nd and South Byers indicated on Thursday he felt someone intentionally opened two valves that caused the spill. White filed a report …

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Water remains almost as important as oil for STACK operators

Finding and using water these days is nearly as important as finding oil that lays below the earth’s surface in Oklahoma’s STACK and SCOOP plays. It was the focus of this week’s American Business Conference’s Cost-Effective Water Management Congress SCOOP and STACK held in Oklahoma City. Without the water, the fracking that has led to …

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