June 2019 archive

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 …

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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 …

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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, …

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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: …

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Federal board to release investigative report on fatal rig explosion

A federal agency investigating the Jan. 22, 2018 rig explosion and fire that killed 5 workers near Quinton, Oklahoma plans to  release its findings in June. The U.S. Chemical Hazard and Safety Board has already determined that some alarms on the rig were not turned on when the deadly explosion happened at Pryor Trust 0718 …

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Cash dividend declared by Devon Energy

Devon Energy on Wednesday declared a quarterly cash dividend of 9 cents a share. The Board of Directors approved the dividend on Devon’s common stock for the third quarter of 2019. It will be payable on Sept. 27, 2019 based on a record date of Sept. 13, 2019. Devon announced its last dividend in March …

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Regulators proceeding with contempt complaint over oil leak into floodwaters

The Oklahoma Corporation Commission has started contempt proceedings against the Shanks Drilling and Production Company of Bixby over an oil leak during the flooding of the Arkansas River. The leak was observed last week and led state regulators to notify the Environmental Protection Agency of a possible violation of federal rules and regulations. A spokesman …

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Williams awaits decision by New Jersey regulators on natural gas line

Williams Cos. leaders in Tulsa await a decision by New Jersey regulators regarding the company’s $1 billion pipeline that would carry natural gas from Pennsylvania to New York City and Long Island. The company already faced interference by New York Gov. Andrew Cuomo before it won approval there. It had earlier been approved by the …

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Natural gas flaring at all-time high in the Permian Basin

A new report indicates natural gas flaring and venting in the Permian Basin hit an all-time high in the first quarter of 2019 and the lack of pipelines is the reason. The report by Rystad Energy showed producers burned or vented 661 million cubic feet a day in the Permian Basin that includes West Texas …

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Denver company acquires more holdings in Bakken Play

  A Denver-based energy company, Resource Energy Can-Am LLC has acquired assets in the Bakken Play of North Dakota. But the company isn’t identifying the seller of the assets in Divide County. It identified the assets as 19 wells with 750 net BOEPD and proved producing net reserves of 2.2 MMBOE. It makes Resource Energy’s …

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