When Chesapeake Energy in Oklahoma City acquired WildHorse Energy Resources in 2018, it resulted in the 2019 formation of Spur Energy Partners LLC by former executives of WildHorse. Now they have announced the formation of a partnership with KKR, a leading global investment firm to acquire large, high-margin oil and gas production and development …
Minnesota-based ALLETE Inc. reported a jump in earnings and credited the growth to its renewable energy projects in Oklahoma, North Dakota and Montana. The company held its annual meeting this week in Duluth where leaders say the earnings growth is supported by “seemingly limitless opportunities in the nation’s growing renewable energy sector.” More than 900 …
Roan Resources, Inc. in Oklahoma City reported first quarter 2019 losses of $58.1 million or 38 cents a share. Adjusted net income was $14.3 million or 10 cents a share. The company also stated that its capital expenditures dropped $44 million to $172.8 million compared to a year ago. But production of nearly 49,000 …
A new ranking of the best and worst states for business in 2019 by Chief Executive Magazine shows Oklahoma moved up three places to 18th best. Texas remains number one for a second straight year while California is at the bottom of the list for a second consecutive year. Chief Executive credited Oklahoma stating that …
Oklahoma has taken a step to form a Tri-State Commission on the McClellan-Kerr Arkansas River Navigation System with Kansas and Arkansas. Gov. Kevin Stitt signed House Bill 2142 into law on Tuesday. As the bill stated, it is anticipated that the State of Arkansas and the State of Kansas will enact legislation in order to …
The official announcement has not been made by the Oklahoma Department of Environmental Quality, but the agency headquartered in downtown Oklahoma City plans to build an eight-story garage. The Oklahoman’s Steve Lackmeyer reported this week that the DEQ made a request and presented plans to the Oklahoma City planning department. It intends to demolish the …
Permits to drill issued for May 14, 2019. Blaine County MOON DUCK #1-6H, May 14 2019 06 17N 13W NENWNWNW API: 01124215 Lat: 35.98496922848255, Long: -98.63491074534289 ACACIA ENERGY PARTNERS LLC HH, DR, 16450 ft, MISSISSIPPIAN(10300) Blaine County WATONGA #1-19H, May 14 2019 25 16N 12W NENWSENE API: 01124214 Lat: 35.837167138142185, Long: -98.42227080701926 ACACIA ENERGY PARTNERS LLC HH, …
Completion reports for May 14, 2019. BLAINE COUNTY Acacia Energy Partners Llc Mississippian(9124): Oil 390 Gas 3471 Water 1712 Flow 7 17N 11W Revana 1-7h, November 10, 2018 HH, OIL, TD: 14455 ft Lat: 35.97025, Long: -98.40768 API: 35011238150000 Devon Energy Production Co Lp Mississippian (less Chester)(10228): Oil 489 Gas 1152 Water 1003 Flow 4 15N 10W Doppelganger 4_9-15n-10w 4hx, February 23, 2019 HH, OIL, TD: …
Another huge jury award in California against the makers of Roundup weed killer might give more hope to a handful of Oklahomans whose lawsuits were transferred to California. This week, a jury in California awarded a couple more than $2 billion to Alva and Alerta Pilliod of Livermore, California who sued after contracting non-Hodgkin’s lymphoma …
One of the latest energy-related bills to be signed into law declares a moratorium on new permits for mining in Oklahoma. House Bill 2471 was signed into law on Monday by Gov. Kevin Stitt. The measure creates an indefinite moratorium on the issuance of any new permits for mines that “overlies a sensitive sole …
