June 19, 2019 archive

Southern Oklahoma towns and cities recover from 80 mph winds

Winds of 80 to 100 mph were part of a strong series of thunderstorms that raced across southern Oklahoma early Wednesday morning, blowing over semi-trucks on I-35, knocking down trees and power lines and leaving thousands without electrical power. A reported five semi-trucks were blown off the Interstate at Pauls Valley, leaving one of the …

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Regulators to take possible vote on enforcement of new railroad law

    The Oklahoma Corporation Commission meets Thursday to consider rules to enforce a new law regarding trains that block street intersections. The Commission started holding technical conferences back in January to get input. In January, the Commission wanted the ability to conduct a compliance audit should a train block a crossing more than 10 …

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Facebook to build $146 million solar farm in Texas

Texas was ranked number two nationally in 2018 for solar power development and the announcement by Facebook will likely strengthen the ranking. Facebook announced it will build a $146 million solar farm in West Texas—the largest in the nation and Facebook’s first direct investment in renewable energy. The Prospero Solar project will be constructed north …

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Oklahoma’s solar power development dropped in 2018

Solar energy development continues to be slow in Oklahoma and a new report shows the state actually dropped one slot in the national ranking of solar power. The Solar Energy Industries Association issued a report this week ranking Oklahoma 46th lowest for solar energy, a drop from 45th in 2018. The report showed 4,604 homes …

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Contract awarded to expand KC-46 tanker training at Altus Air Force Base

A $13.45 million contract has been won by a contractor in Yukon to build a new training facility at Altus Air Force Base. SGS LLC won the contract to finish work as Altus takes on the new KC-46A Pegasus refueling tanker. Altus is where crews will be trained to flight the new plane. The Phase …

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Merger of two firms creates Chisholm Oil and Gas in Tulsa

A new oil and gas development company is being created out of the merger of one in Tulsa and another in Houston and the new firm will dedicate its drilling in Oklahoma’s STACK play. Chisholm Oil and Gas of Tulsa announced the merger with Gastar Exploration LLC of Houston, Texas. The two firms entered into …

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Oklahoma oil and gas operator announces investment in the Permian

A two-year old oil company with more than $1 billion in assets acquired in Oklahoma, Texas and California plans to invest more money into drilling operations in the Permian Basin. Development Capital Resources, based in Houston announced it has obtained funding managed by affiliates of Ares Management Corporation and plans to invest $165 million. The …

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ONEOK makes SEC filing on its company retirement plan

ONEOK made filings this week with the Securities and Exchange Commission regarding its company 401(k) plan. The filings showed how ONEOK, Inc.’s Profit Sharing Plan assets were merged with an into the company’s 401(k) plan on Dec. 31, 2018. As a result, total assets including employer contribution receivables amounting to $73.2 million were merged into …

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Blaine county produces another big one for Marathon Oil

Houston’s Marathon Oil Company is the latest to hit a big producer in Oklahoma’s Blaine County, one of the main counties that make up the STACK play. Marathon filed a completion report this week on  the Harry Potter 1511 9-3-34mxh which had initial production of 1,862 barrels of oil a day. Gas production totaled 3,410 …

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Completion reports for June 18, 2019

Completion reports filed for June 18, 2019. BLAINE COUNTY Marathon Oil Company Mississippi(10882): Oil 1862 Gas 3410 Water 2254 Flow 3 15N 11W Hr Potter 1511 9-3-34mxh, September 21, 2018 HH, OIL, TD: 21561 ft Lat: 35.79857, Long: -98.35342 API: 35011239980000 GARVIN COUNTY Ranken Energy Corporation 1st Bromide: Oil 32 Water 7 Pump 5 4N 1E Analisa 1-5, March 27, 2019 DH, OIL, TD: 4975 …

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