February 2019 archive

Unit Corporation leaders to be a part of upcoming conferences

  Management at Unit Corporation headquartered in Tulsa plan to be a part of the EnerCom Dallas Oil and Gas Conference this week. The conference will be held Wednesday and Unit Corporation will make a presentation at 8:30 a.m. Oklahoma time. The company also plans to be a part of the Raymond James Institutional Investors …

Continue reading »

Another firm expands natural gas gathering and saltwater disposal operations in the Permian

The growth of the operations in the Permian Basin in West Texas and southeast New Mexico has prompted Matador Resources Company to expand its natural gas gathering and salt water gathering and disposal operations in the Delaware Basin. The expansion includes an agreement between the Dallas-based company and a subsidiary of Five Point Energy LLC. …

Continue reading »

Sierra Club pushes fight to expand solar energy industry and protect the wind industry in Oklahoma

  The Oklahoma Sierra Club is making a pitch to its members and followers to urge the state legislature to do more for expansion of solar energy in the state and at the same time protect the wind industry. In a message to members over the weekend, Oklahoma Sierra club Chapter President Johnson Grimm-Bridgwater said …

Continue reading »

Oklahoma’s share of emissions lawsuit settlement totals more than $2 million

  An agreement by Fiat Chrysler and Robert Bosch GmbH over an emissions cheating  scandal means Oklahoma will get more than $2.2 million as part of its share of a lawsuit settlement. The two firms will play tens of millions of dollars to Oklahoma and 49 other states. Bosch will pay more than $98 million …

Continue reading »

Oil and gas rig counts slipped in Oklahoma and the U.S.

Oil and gas rig counts fell across the U.S. and in Oklahoma in the past week according to the latest figures from Baker Hughes Co. and the Red Top Rig Report. Nationally, the count dropped by four to reach 1,047 while the number of oil-drilling rigs dropped by 4 to 853 and the number of …

Continue reading »

Completion reports for February 22, 2019

Completion reports issued for Feb. 22, 2019. CUSTER COUNTY Continental Resources Inc Woodford(15166): Oil 3.3 Gas 8102 Water 4050 Flow 23 14N 14W Nolt 1-14-11xhw, August 21, 2018 HH, GAS, TD: 22328 ft Lat: 35.68120, Long: -98.66440 API: 35039225360001 KINGFISHER COUNTY Longfellow Energy Lp 14 19N 5W Hladik 14-1 Swd, June 06, 2018 SH, DISP, TD: 8997 ft Lat: 36.11658, Long: -97.70952 …

Continue reading »

Permits to drill February 22, 2019

Permits to drill issued for Feb. 22, 2019. Beaver County MAGGIE #1-13, February 22 2019 13 4N 26E NESENWNW API: 00725467 Lat: 36.81748119862418, Long: -100.21448865821803 LATIGO OIL AND GAS INC SH, RC, 9345 ft, MARMATON(5832), MISSISSIPPIAN (LESS CHESTER)(7358) Caddo County CADE ESTATE #12-1H, December 27 2018 12 7N 9W SESWSWSW API: 01523308 Lat: 35.08730438164776, Long: -98.10941294672945 ZARVONA …

Continue reading »

Concho Resources surpasses Continental Resources in value

    Not that Oklahoma oilman Harold Hamm, founder of Continental Resources, is in competition with any company to see who’s the biggest. But Bloomberg reports that Concho Resources Inc., headquartered in Midland, Texas is now bigger than Continental and Hess Corp. The proclamation came after Concho made its richest-ever acquisition. Here’s how Bloomberg reported …

Continue reading »

New Mexico governor wants to give regulators the ability to fine well operators

New Mexico’s Gov. Michelle Lujan Grishman wants to restore the ability of the state’s oilfield regulators to directly fine well operators who don’t properly maintain equipment or spill waste. Her bill, authored by Democratic state Sen. Richard Martinez passed out of its first legislative committee this past week even though Republicans fought it. The collection …

Continue reading »

Record levels of crude by rail reported in Canada

  Canada is moving more oil by rail than ever before according to the country’s National Energy Board which reported a record high in December. The Board indicated Canada exported 354,000 barrels per day of oil which was 7 percent higher than the November total of 330,400 bpd.  It was nearly twice as much as …

Continue reading »