March 2019 archive

Cactus Inc. and its financial reports

  We mistakenly identified Cactus Drilling for the recent fourth quarter and 2018 financial reports from Cactus Inc., a public original equipment manufacturer for Cactus Drilling LLC. Cactus Wellhead is a privately-owned drilling contractor based out of Oklahoma City and with headquarters in Houston, Texas and is often confused as being Cactus Drilling. So it …

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NextEra announces another wind farm in Oklahoma

Northern Oklahoma is getting another wind farm, one to be built by NextEra Energy in Garfield and Alfalfa counties. The company expects the 250-megawatt Skeleton Creek farm to be operational by the end of 2019. It will consist of 90 GE wind turbines and they will be located in the northwest corner of Garfield County …

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Colorado and Utah wonder if disposal well caused earthquake

Oklahoma has been through this. So has Texas. Kansas has too. The question is whether a 4.5 magnitude earthquake was caused in part by a wastewater disposal well. But this question is about an  earthquake near the Utah-Colorado border. It happened several days ago and occurred near a U.S. Bureau of Reclamation operation in western …

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Environmentalist critical of Ag Board’s new poultry regulations

  Oklahoma geologist and water specialist Bob Jackman thinks the state Board of Agriculture is missing some regulations in stemming the growth of poultry farms in eastern Oklahoma. He made clear his feelings in a letter to the editor: Ag board missing more regulations to stem chicken problem  The invasion of 200 industrial megachicken barns …

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OGE filing with SEC

OGE’s latest filing with the Securities and Exchange Commission reflected a change in ownership of shares held by a member of the company’s management. Cristina F. McQuistion, the company’s Vice President and Chief Information Officer reported the sale of 7,427.058 shares valued at $42.052 each. It left her with ownership of 19,980 shares in OGE.

Correction to explosion story

A correction to our story this past week regarding the fatal oilfield site explosion near Enid, Oklahoma. The victim was Javier Barraza. We initially identified him as Javier Varraza. He and another man were welding atop a salt water disposal tank when an explosion occurred. Barraza was killed and the other man was injured. The …

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Rig counts dropped across the U.S. but grew slightly in Oklahoma

While the number of oil and gas rigs in the U.S. dropped again, Oklahoma saw an increase in the past week. Baker Hughes Co. reported the national rig count declined by eleven to 1,027. But in Oklahoma, the count grew by one to reach 116 active rigs.. Nationally, the decline included 9 oil rigs and …

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Permits to drill for March 8, 2019

Permits to drill issued for March 8, 2019l Blaine County SELBY SWD #1, March 08 2019 23 15N 11W NENENENW API: 01124041 Lat: 35.767821012637654, Long: -98.34036431097034 VISTA DISPOSAL SOLUTIONS LLC SH, DR, 8800 ft, WOLFCAMPIAN(3800), VIRGILIAN(4000), MISSOURIAN(7500), DES MOINES(7900) Blaine County BIG NUGGET 9_4-15N-13W #4MHX, March 08 2019 09 15N 13W SWSWSWSE API: 01124191 Lat: 35.783867320025934, Long: …

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Completion reports for March 8, 2019

Completion reports for March 8, 2019. Completions: none were processed today.

Investors await earnings report from Midstates Petroleum

  Tulsa’s Midstates Petroleum Company, Inc. will release its fourth quarter and 2018 earnings report on Wednesday, March 13. The material and information will be made available to the public at the close of trading on the New York Stock Exchange. The next day, the company leaders will hold a conference call beginning at 8 …

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