June 6, 2019 archive

Tillerson admits Exxon paid too much for XTO Energy

Former U.S. Secretary of State Rex Tillerson admits Exxon Mobil Corp. paid too much when it acquired XTO Energy Inc. for $31 billion. XTO Energy is a major operator in Oklahoma with its Mid-Continent Division headquarters in Oklahoma City. “We probably paid too much,” said Tillerson, who served as chief executive officer of the company …

Continue reading »

New Jersey regulators reject Williams Cos. gas pipeline

  Tulsa-based Williams Cos. Inc. suffered another setback in its efforts to build a $1 billion pipeline to carry natural gas from Pennsylvania to New York. New Jersey regulators voted to reject key permits for the company to build its Northeast Supply Enhancement line, copying what New York did last month. The New Jersey Department …

Continue reading »

ONEOK to donate $1 million for flood relief efforts

A $1 million donation for flood relief efforts was announced Thursday by ONEOK, Inc. The company said the ONEOK Foundation will contribute the $1 million for eastern Oklahoma disaster and flood relief efforts. It consists of an immediate $500,000 donation to the American Red Cross that is providing immediate needs for  affected by the weather-related …

Continue reading »

Brownfield grants awarded to Tulsa and OKC for environmental cleanup

U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Senate Committee on Environment and Public Works, praised the Environmental Protection Agency (EPA) for awarding grants to Brownfields sites in Tulsa and Oklahoma City. Senator Inhofe authored the legislation to reauthorize the Brownfields program, which was signed into law on March 22, 2018. “The Brownfields program continues …

Continue reading »

State deals with major highway damage from floods

The assessment of flood damage throughout Oklahoma is continuing but Oklahoma Transportation Commission members know the repairs will carry a large price tag. Pictured above is the damage to highway US 62 between Muskogee and Fort Gibson. The highway was closed for more than a week due to flooding of the Arkansas River. Tim Gatz, …

Continue reading »

$10 trillion price tag put on Green New Deal

If the Oklahoma members of the U.S. House initially opposed Alexandria Ocasio-Cortez’s “Green New Deal” because of its extremism, the estimated cost might startle them. The New York Democratic congresswoman admitted this week her plan to combat global warming is into the trillions of dollars. “I think we really need to get to $10 trillion …

Continue reading »

NGL director unloads shares for $2.6 million

A director of Tulsa-based NGL Energy Partners LP since 2013, businessman John T. Raymond has sold most of his shares in the company. The sale was reported to the Securities and Exchange Commission. The filing indicated Raymond, who is also the co-founder of the Energy and Minerals Group based in Houston, Texas sold 176,634 NGL …

Continue reading »

Flooding might have increased dangers of Tar Creek Superfund Site

Environmentalists who have flown over the flooded regions of eastern Oklahoma say it appears that the flooding around Tar Creek is putting some residents in danger. LEAD Agency and Waterkeeper Alliance made an aerial tour of the region and discovered flooded waste-water treatment plants and three coal-fired power plants. “We captured photos of flooding of …

Continue reading »

Permits to drill for June 5, 2019

Permits to drill for June 5, 2019. Canadian County BRAUM FAMILY 9-4 #1XH, June 29 2017 09 10N 6W SENENWSW API: 01725028 Lat: 35.354341926823174, Long: -97.84430905258107 APACHE CORPORATION HH, AM, 18349 ft, MISSISSIPPIAN(9830) Dewey County ELECTA #1-10-3XHW, June 05 2019 10 16N 14W SESESWSE API: 04323565 Lat: 35.87117939014128, Long: -98.67230586061164 CONTINENTAL RESOURCES INC HH, RC, 21633 ft, …

Continue reading »

Completion reports for June 5, 2019

Completion reports filed for June 5, 2019. BLAINE COUNTY Pride Energy Company Meramec(9237): Oil 449 Gas 987 Water 549 Flow 35 17N 10W Red Land 9-35h, July 29, 2018 HH, OIL, TD: 14320 ft Lat: 35.89933, Long: -98.23107 API: 35011239460000 Pride Energy Company Meramec(9245): Oil 356 Gas 977 Water 1040 Flow 35 17N 10W Red Land 8-35h, August 01, 2018 HH, OIL, TD: 14391 ft Lat: …

Continue reading »