Chesapeake Energy Corporation on Tuesday announced the final results of its private offers to exchange new 8.00% Senior Notes due 2026 for certain outstanding senior unsecured notes listed in the table below . As of 11:59 p.m., New York City time, on April 1, 2019 , approximately $883.5 million aggregate principal amount, or approximately 59.7%, of Existing Notes …
April 2019 archive
The case for rail transportation—-or is it?
Whether you support or don’t support the Green New Deal, those who want to do more to protect the environment have different plans. One argument is for an increase in rail transportation. However, even an admission by one proponent writing in The Conversation this week concluded it’s only for those in the high population areas …
Local governments to have more power in proposed oil and gas regulations in Colorado
A revamping of regulation of oil and gas drilling in Colorado is moving closer to becoming law at the hands of Gov. Jared Polis. The Colorado House has already passed the number of significant changes and this week, a Senate Committee deals with some changes in the bill. The new parts of Senate Bill 181 are intended …
April Fool’s earthquake no joke
April 1 was April Fool’s day but Mother Nature wasn’t fooling around when she unleashed another earthquake in Oklahoma. But this quake was in southcentral Oklahoma. Typically, most of Oklahoma’s earthquakes in the past 3 to 4 years have been in the oil and gas active regions of northern Oklahoma. The Monday afternoon quake …
May 16 set for OGE Energy Corp.’s annual meeting
OGE Energy Corporation’s annual meeting will be held May 16 in Oklahoma City. The company made a filing of a proxy statement with the U.S. Securities and Exchange Commission outlining the agenda which includes the election of 10 directors to its governing board. Shareholders are asked to elect 10 nominees including Frank A. Bozich, …
Ethanol and gluten operations in Russell, Kansas get new owner
A Connecticut investment company has acquired White Energy’s food ingredient and ethanol manufacturing operation in Russell, Kansas. Terms were not disclosed but the sale of the operations owned by the Plano, Texas company includes two integrated plants. One is the largest vital wheat gluten manufacturing facility in North America. The other is considered one of …
Baker Hughes to formally open new OKC manufacturing plant
Oklahoma Gov. Kevin Stitt will join in ceremonies Wednesday at the formal opening of the Baker Hughes General Electric Motor center of Excellence in Oklahoma City. The center, located at 12,701 North Santa Fe Avenue is dedicated to advancing the performance, quality and reliability of downhole drilling motors, according to the company’s description of the …
Newfield Exploration files more completion reports with two more large producers in STACK
Newfield Exploration flooded the Corporation Commission office with another 12 completion reports on Monday including two wells with more than 1,000 Boed production each. The Houston, Texas company filed six more in Blaine County, 5 in Kingfisher county and one in Canadian County, all counties that make up the prosperous STACK play in Oklahoma. …
Permits to drill for April 1, 2019
Permits to drill issued on April 1, 2019. Blaine County CHEESE FACTORY SWD #1, April 01 2019 24 16N 12W NWSWSWSE API: 01124203 Lat: 35.842382829711845, Long: -98.42730798022083 Y D F INC SH, DR, 7600 ft, HOOVER(5400), ENDICOTT(6430), TONKAWA(7050), COTTAGE GROVE(7460) Blaine County FENWAY SWD #1, April 01 2019 24 15N 11W NENENWNE API: 01124202 Lat: 35.76809160572853, Long: …
Completion reports for April 1, 2019
Completion reports filed for April 1, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(11663): Oil 480 Gas 2761 Water 1068 Flow 2 15N 13W Lois 1613 3h-35, December 19, 2018 HH, OIL, TD: 16948 ft Lat: 35.81157, Long: -98.55510 API: 35011240740000 Newfield Exploration Mid-con Inc Mississippian(11665): Oil 424 Gas 3209 Water 1217 Flow 2 15N 13W Lois 1613 2h-35, December 19, 2018 HH, OIL, TD: 16937 …
