July 25, 2019 archive

Permits to drill for July 25, 2019

Permits to drill issued on July 25, 2019. Major County TUCKER #25-1H, July 25 2019 25 20N 15W SWSESESE API: 09325234 Lat: 36.173930669871005, Long: -98.74505478808041 COMANCHE EXPLORATION CO LLC HH, DR, 13740 ft, MISSISSIPPIAN(8200) Texas County MCWILLIAMS #33 #4, July 25 2019 33 5N 12E N2N2SWSW API: 13923986 Lat: 36.852049198763936, Long: -101.77382884017028 MERIT ENERGY COMPANY SH, RC, …

Continue reading »

Completion reports for July 25, 2019

Completion reports filed on July 25, 2019. BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10000): Oil 1228 Gas 5003 Water 807 Flow 25 17N 12W Faith Marie 36_1-16n-12w 3hx, November 02, 2018 HH, OIL, TD: 20482 ft Lat: 35.91342, Long: -98.42909 API: 35011239560000 Devon Energy Production Co Lp Mississippian(9413): Oil 1004 Gas 6301 Water 1153 Flow 11 16N 12W Chipmunk 11_2-16n-12w 4hx, October 27, 2018 HH, …

Continue reading »

Senate Committee sends nomination of UN ambassador to full Senate

Kelly Craft, the wife of Oklahoma coal magnate Joseph Craft III received a favorable vote Thursday in the Senate Foreign Relations Committee to be the U.S. ambassador to the United Nations. Her nomination was sent to the full senate for a vote. Craft’s husband is president and chief executive officer of Tulsa-based Alliance Resource Partners, …

Continue reading »

Tallgrass Energy reports 2Q earnings growth

Crude oil pipeline operator Tallgrass Energy, LP based near Kansas City announced its second quarter earnings which reflected a 54-cent a share dividend for shareholders. Net income totaled $71.6 million while adjusted EBITDA was $254.3 million.  Cash Available for dividends was $204.8 million. The new adjusted EBITDA brought the figure for the first six months …

Continue reading »

San Antonio firm acquires Tulsa oil and gas accounting company

Tulsa’s oil and gas accounting firm The Resource Group has been acquired by San Antonio-based Avisto Capital Partners LLC in an expansion move. This is Avisto’s second acquisition of a back office advisory service provider in the epicenter of the U.S. crude oil and natural gas producing region. Avisto’s first acquisition, Eddye Dreyer Financial Services, …

Continue reading »

Latest wind farm to go commercial in Texas is near Wichita Falls

The latest wind farm to go commercially operational in Texas is the Lockett Wind project near Wilbarger, Texas, just at the border with far southwest Oklahoma. Lincoln Clean Energy, a subsidiary of Orsted announced it achieve commercial operation of the 184 megawatt wind farm that will generate more than 700,000 megawatt-hours of renewable energy a …

Continue reading »

Defense Secretary targets cancer-causing chemicals at Oklahoma military bases

Secretary of Defense Mark Esper signed a memo on his first full day on the job to create a task force to focus on cancer-causing chemicals found on military bases including those in Oklahoma City, Enid, Tulsa and Altus. Military Times reported that Esper told reporters the purpose of the task force was to “address …

Continue reading »

Quarterly dividends declared by Blueknight Energy and Panhandle Oil and Gas

Dividends for shareholders of Panhandle Oil and Gas as well as Blueknight Energy Partners were declared this week by the two Oklahoma-based energy companies. Blueknight Energy directors declared a quarterly cash distribution of 4 cents per common unit and 17.875 cents per preferred unit. The payments will be made Aug. 14 to unitholders of record …

Continue reading »

New Canadian River Bridge to be dedicated at Purcell and Lexington

Nearly six years after the 80-year old bridge linking the cities of Purcell and Lexington at the Canadian river became endangered, the state prepares to dedicate a new replacement. Ceremonies will be held Friday at the $38 million US-77/SH39 bridge that is four lanes and will officially be opened to traffic. They come after a …

Continue reading »

Oil and gas broker gets probation—no prison time

Former Oklahoma City oil and gas broker Robert Samuel Kerr IV avoided prison this week when he was sentenced in U.S. District Court for conspiring with two others to commit wire fraud. Kerr, 38 was sentenced to four years probation and ordered to pay $30,000 restitution after he pleaded guilty in November 2017 to one …

Continue reading »