The massive petrochemical fire near Houston had burned itself out as of Wednesday morning as investigators tried to determine what caused the blaze that burned for more than 3 days. No one was injured in the damaging fire before it was finally extinguished. One report indicated a worker at the Intercontinental Terminals Co. at Deer …
March 2019 archive
Traffic and road headaches get attention of Colorado legislators
With a $9 billion transportation project backlog, Colorado legislators are talking of doing one thing to pay for it—-raising money. And they are in the midst of debating how to do it. The legislature will begin serious efforts next week to consider the challenge as it unveils a nearly $32 billion state budget. “Coloradans are …
Rep. Lucas says Green New Deal is a “bad deal”
Oklahoma Congressman Frank Lucas is among those who contends the Green New Deal pushed by Democrats is really a “bad deal” for American consumers. He says Congress should hold immediate hearings into the plan to determine what is actually in the plan and how it will affect the country. “The vague document we’re trying to …
Chesapeake fills nearly 60% of Senior Notes offered
Chesapeake Energy Corporation in Oklahoma City says its private offers to exchange new 8% Senior Notes due 2026 resulted in $883.5 million in offerings. The company said it totaled 59.7% of existing notes as of 5 p.m. New York City time on March 18, 2019. The following table sets forth the approximate …
Water Lobby Day set for next week at state capitol
Former Oklahoma Attorney General Drew Edmondson will be one of the speakers when an Oklahoma Water Lobby Day is held next week at the State Capitol. He will be among those taking part in the March 27 event. Others include Delaware County community organizer Pam Kingfisher and Ponca Tribe Councilwoman Casey Camp-Horinek. Edmondson, a …
Chaparral Energy saw big jump in trading on stock exchange
Oklahoma City’s Chaparral Energy Inc. saw shares jump 26 percent in trading on Tuesday. In higher than average trading, the oil and gas company saw stock prices add $1.16 and closed the day at $5.62 per share. It turned out to be the largest percentage gainer on the New York Stock Exchange for the day. …
MidCentral Energy creates financial partnership with Orion Energy Partners
Oklahoma City’s MidCentral EnergyPartners LLC announced it has joined Orion Energy Partners, L.P. in a strategic financial partnership. Under the agreement, the senior secured credit facility from Orion Energy will provide MidCentral with capital to support the organic expansion of its market-leading pressure control business and select growth opportunities in adjacent businesses. MidCentral is an …
Completion reports for March 19, 2019
Completion reports filed for March 19, 2019. BLAINE COUNTY Continental Resources Inc Mississippian(10474): Oil 723 Gas 6639 Water 8301 Flow 33 16N 13W Lugene 2-33h, January 12, 2019 HH, OIL, TD: 16417 ft Lat: 35.82615, Long: -98.59563 API: 35011240860000 MCCLAIN COUNTY Alsup 1-19 Llc 19 6N 3W Alsup 1-19, December 06, 2018 SH, COMM, TD: 11085 ft Lat: 34.98423, Long: -97.55833 API: 35087356020004 …
Permits to drill for March 19, 2019
Permits to drill issued for March 19, 2019. Blaine County DONNE FIU #1-29-32XHM, March 18 2019 29 13N 12W SWNWNWNE API: 01124194 Lat: 35.5796618477426, Long: -98.49839816331374 CONTINENTAL RESOURCES INC HH, DR, 24930 ft, MISSISSIPPIAN(14437), WOODFORD(15137) Custer County WINGARD FARMS 2128 #1HX, March 19 2019 21 14N 14W NENWNWNE API: 03922569 Lat: 35.68108818505537, Long: -98.69313114294646 UNIT PETROLEUM …
Houston tank fires to burn another day or two
The massive fire at the Houston-area petrochemicals terminal is expected to burn for another day or two according to officials at the scene. The fire began over the weekend at the Intercontinental terminals Company in Deer Park which is about 15 miles southeast of Houston. Fortunately, no one has been hurt in the incident as …