July 2019 archive

Record 2Q earnings reported by Phillips 66 Partners

  Phillips 66 Partners LP reported second quarter 2019 earnings of $233 million or $1.15 per diluted common unit. It was an increase over the $198 million reported in the first quarter of 2019. The company’s adjusted EBITDA totaled $319 million compared to $281 million in the previous quarter. “This quarter we had record earnings …

Continue reading »

Cheniere Energy declares distribution

Houston’s Cheniere Energy Partners, the firm building a new natural gas line from Kingfisher south to Texas reported a cash distribution of 61 cents a share. It translated into $2.44 annualized to unitholders of record as of Aug, 6, 2019 and will be payable on Aug. 14, 2019. The distribution comes as the company is …

Continue reading »

2Q distribution announced by Cypress Energy

Tulsa’s Cypress Energy Partners, L.P. announced a second quarter cash distribution of 21 cents a common unit. The board of directors declared the distribution which was the same as the first quarter of 2019. The second quarter distribution will be payable Aug. 14, to unitholders of record on Aug. 7, 2019. Cypress  had first quarter …

Continue reading »

Multi-well sites turn out to be big producers in STACK

Four wells with production of nearly 3,400 barrels of oil a day off a single pad were reported by Newfield Exploration Mid-Con. Inc. The Ronnie 1610 wells were drilled in Blaine County at 34 16N 10W at a site approximately 10 miles east of Watonga. The largest of the four wells produced 1,018 barrels of …

Continue reading »

Oil and gas rig numbers continue to slip

The oil and gas rig count in Oklahoma dropped again in the past week while the national count did the same. Oklahoma’s count slipped by 2 to 93 working rigs compared to 137 rigs reported a year ago. Nationally, the count dropped 8 to reach 946. The oil rig count is down 3 to 776 …

Continue reading »

Completion reports for July 26, 2019

Completion reports for July 26, 2019.   BLAINE COUNTY Devon Energy Production Co Lp Mississippian(10067): Oil 935 Gas 2660 Water 676 Flow 13 15N 10W Horsefly 13_24-15n-10w 2hx, August 25, 2018 HH, OIL, TD: 20566 ft Lat: 35.78244, Long: -98.22043 API: 35011238820000 Devon Energy Production Co Lp Mississippian(10331): Oil 501 Gas 2797 Water 1066 Flow 13 15N 10W Horsefly 13_24-15n-10w 3hx, August 25, 2018 HH, OIL, …

Continue reading »

Permits to drill for July 26, 2019

Permits to drill for July 26, 2019. Blaine County CAPTAIN AMERICA #1-1H, July 26 2019 01 19N 11W SESWSWSW API: 01124235 Lat: 36.14532869347293, Long: -98.33321714187592 HUSKY VENTURES INC HH, DR, 13980 ft, HUNTON(8650) Jefferson County DILLARD #1-29, July 26 2019 29 4S 5W CNWNW API: 06720822 Lat: 34.1856952397693, Long: -97.75281753424692 GLADIATOR OPERATING LLC SH, RE, 6700 ft, …

Continue reading »

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 »