March 2019 archive

Judge won’t dismiss “fuel gas” lawsuit filed against Cimarex Energy

  As Colorado’s Cimarex Energy Company and Cimarex Energy Company of Colorado fight a class action lawsuit over royalty payments, a Muskogee  federal judge has refused to dismiss the suit. It’s a suit involving the use of natural gas as fuel gas. U.S. District Judge Steven P. Shreder of the Eastern District of Oklahoma denied …

Continue reading »

Federal judge gives partial court victory to Seventy Seven Energy

The Oklahoma City energy firm spun off from Chesapeake Energy nearly 5 years ago has won a partial victory in a federal court lawsuit filed over its retirement and savings plan. Oklahoma City U.S. District Judge Timothy D. DeGiusti granted Seventy Seven Energy’s request to dismiss some of the claims made in a class-action lawsuit …

Continue reading »

House Democrats start push to overturn FCC’s repealing of net neutrality protections

Democrats on the  House Energy and Commerce committee will consider legislation to overturn President Trump’s elimination of net neutrality protections. The Subcommittee on Communications and Technology, led by Rep. Mike Doyle (D-PA)  will meet Tuesday morning on Capitol Hill. Democrats are anxious to push back against the Trump Administration and the Federal Communications Commission which …

Continue reading »

Texas AG files suit over massive Houston fire

The massive fire that happened a week ago near Houston prompted the Texas Attorney General to file suit against the company responsible for the 3-day blaze. Ken Paxton filed suit against Intercontinental Terminals Company alleging it released pollution in violation of the Texas Clean Air Act. His 18-page lawsuit was filed in a Travis County …

Continue reading »

Texas investment firm reports sale of 6 million shares in Chesapeake Energy

A Texas investment firm reports disposing of nearly 6 million shares it had in Oklahoma City’s Chesapeake Energy Corporation. In a filing with the Securities Exchange Commission, Chesapeake Energy reported the sale of 5,913,736 shares by investor NGP Energy Capital Management, LLC based in Irving, Texas. Prices received for the shares ranged from $3.26 to …

Continue reading »

Gasoline prices rose again in the past week in Oklahoma

Gasoline prices in Oklahoma rose again in the past week reaching a new statewide average of $2.43. The new average is 7 cents higher than a week ago. AAA Oklahoma reports the cheapest gasoline is found in Walters, the county seat of Cotton County in the southwest where motorists pump gas at an average price …

Continue reading »

Oklahoma’s jobless numbers grew in February

For a second consecutive month, unemployment rose in February in Oklahoma according to a state agency. The Oklahoma Employment Security Commission reported the jobless rate rose 0.1 percent from January to reach 3.3 percent for February. However, the latest unemployment rate is still better than the 3.8 percent reported in February of 2018. The state’s …

Continue reading »

Permits to drill for March 22, 2019

Permits to drill for March 22, 2019. Alfalfa County WENNINGER A #1-22, March 21 2019 22 28N 12W NESWSWNE API: 00323303 Lat: 36.89314149888087, Long: -98.47547108955402 TRANS PACIFIC OIL CORPORATION SH, DR, 5900 ft, TONKAWA(4280), LANSING-KANSAS CITY(4510), DES MOINES(4850), MISSISSIPPI(5100), MISENER(5580), HUNTON(5590), SYLVAN(5600), VIOLA(5650), SIMPSON(5720) Canadian County NORTHERN DANCER 8-17-10-6 #3MXH, March 22 2019 05 10N 6W …

Continue reading »

Completion reports for March 22, 2019

Completion reports filed on March 22, 2019. HUGHES COUNTY Trinity Operating (usg) Llc Woodford(5064): Gas 1523 Water 2562 Flow 34 8N 10E Lola 1-4/9h, May 04, 2018 HH, GAS, TD: 15265 ft Lat: 35.11841, Long: -96.24555 API: 35063247580001

Devon to seek new investors at New Orleans conference

  Devon Energy leaders will be among those seeking new investors at this week’s Scotia Howard Weil Energy Conference in New Orleans. They plan to make a presentation on Monday, March 25 and it will be available to the public on Devon’s website, www.devonenergy.com on Monday.