Permits to drill issued for April 19, 2019. Ellis County SPYDERCO 31/6 DM ##1HS, April 19 2019 30 18N 23W S2S2SWSW API: 04523795 Lat: 35.99965677250437, Long: -99.70060606317345 MEWBOURNE OIL COMPANY HH, DR, 20810 ft, CHEROKEE(10140), CHEROKEE GROUP(10140) Garfield County EDWARDS #16-1 SWD, December 27 2018 16 20N 5W SWSWSWSW API: 04725182 Lat: 36.20371394798867, Long: -97.74655684673509 SK NEMAHA …
April 2019 archive
Completion reports for April 19, 2019
Completion reports filed for April 19, 2019. BLAINE COUNTY Continental Resources Inc Mississippian(13790): Gas 32817 Water 2691 Flow 30 13N 13W Heckenberg 2-30-19xh, July 16, 2018 HH, GAS, TD: 25478 ft Lat: 35.56693, Long: -98.62253 API: 35011238530000 Continental Resources Inc Mississippian(13790): Gas 32817 Water 2691 Flow 30 13N 13W Heckenberg 2-30-19xh, July 16, 2018 HH, GAS, TD: 25478 ft Lat: 35.56693, Long: -98.62253 API: 35011238530000 …
Gas prices unchanged in Oklahoma
Gasoline prices held steady in most of Oklahoma in the past week with an average of $2.59 a gallon but in Tulsa, prices dropped 5 to 6 cents a gallon. AAA Oklahoma recorded Tulsa’s average at $2.55 and indicated it was 5 cents cheaper than a week ago. GasBuddy’s survey indicated the Tulsa average was …
May trial date set for Chinese National accused of stealing trade secrets from Phillips 66
The 35 year old Chinese national arrested in January and accused of stealing trade secrets from Phillips 66 where he worked in Bartlesville was supposed to go to trial this coming week. But a new date of May 20 has been set in the case against Hongjin Tan, according to records on file at the …
Scott Pruitt becomes lobbyist in Indiana
After months of being quiet since he resigned amidst scandals at the Environmental Protection Agency, former administrator Scott Pruitt has surfaced. The former Oklahoma Attorney General has become a registered lobbyist for a coal company in Indiana. Pruitt lists himself as a self-employed consultant and his only client is RailPoint Solutions LLC. Read the full …
Kinder Morgan wants 3rd natural gas pipeline in Permian Basin
Talks are underway at Kinder Morgan as the company wants to build a third natural gas pipeline serving the Permian Basin. Chief Executive Officer Steven Kean told investors this week demand continues to surge for gas takeaway capacity and natural gas production has outgrown the pipeline capacity. “Demand to get gas out of the Permian …
Holly Frontier announced increased quarterly distribution
Holly Energy Partners, L.P. announced its 58th consecutive quarterly distribution increase. The board of directors declared a cash distribution of 67 cents per unit for the first quarter of 2019. It’s two cents more than the distribution declared for the first quarter of 2018. Holly Energy, a firm with a refinery in Tulsa as well …
Chesapeake declares dividends and sets date for 1Q financial results to be released
Oklahoma City’s Chesapeake Energy has declared a quarterly dividend and also announced it will release its financial results on May 8. The dividends are on the company’s outstanding convertible preferred stock issues as shown below: 4.50% 5% 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, …
New Petroleum Storage bill signed into law in Oklahoma
One of the bills signed into law this past week by Gov. Kevin Stitt pertains to the Oklahoma Corporation Commission. House Bill 2151 by Rep. John Pfeiffer (R-Orlando) and Sen. Dave Rader (R-Tulsa) makes changes to the Corporation Commission’s underground storage programs. It creates the Oklahoma Petroleum Storage Tank Regulatory Act and also provides for …
Drilling rig numbers slip below last year’s count
The nation’s oil and gas rig count has fallen below the mark a year ago according to figures released by Baker Hughes Co. of Houston. More rigs are in storage nationally and in Oklahoma. The U.S. rig count fell by 10 this past week to 1,012 or one less than last year when the rig …