Permits to drill for August 1, 2019. Alfalfa County NEFF 24-25-11 #1H, August 01 2019 24 25N 11W SESESWSE API: 00323382 Lat: 36.62355633015866, Long: -98.3296558393793 BCE-MACH LLC HH, DR, 10800 ft, MISSISSIPPIAN(5778) Okfuskee County PALMER #3, August 01 2019 23 10N 9E SWSENWNE API: 10723620 Lat: 35.330620849334636, Long: -96.32336121365174 LU-RAY PETROLEUM LLC SH, DR, 1200 ft, CALVIN(1090) …
August 1, 2019 archive
Completion reports for August 1, 2019
Completion reports filed for August 1, 2019. Devon Energy Production Co Lp Mississippian(10125): Oil 1267 Gas 2813 Water 1008 Flow 4 15N 10W Kraken 33_28-16n-10w 7hx, March 13, 2019 HH, OIL, TD: 21153 ft Lat: 35.81192, Long: -98.26732 API: 35011240060000 Devon Energy Production Co Lp Mississippian(10180): Oil 858 Gas 2148 Water 796 Flow 4 15N 10W Kraken 33_28-16n-10w 2hx, February 23, 2019 HH, OIL, TD: 21092 …
Mammoth Energy sees drop in total revenue and cuts rest of 2019 cap-ex budget
Oklahoma City-based Mammoth Energy Services, Inc. experienced a drop in total revenue in the second quarter of 2019. The company had revenue of $181.8 million, down from $262.1 million for the three months of 2019. It was also down from the $533.6 million compared to the second quarter of 2018. Net loss for the three …
Whoops! State regulators forced to cancel new credit card system
Just as the Oklahoma Corporation Commission was prepared to initiate a new system of additional credit cards for payments, it stumbled. The state regulators announced Wednesday that the system modifications to allow the acceptance of additional credit cards ran into some technical problems upon deployment. The system modifications have been reversed and will be redeployed after …
Strong 2Q results reported by Williams
Williams announced its unaudited financial results for the three and six months ended June 30, 2019 showing strong second quarter 2019 results compared with those of the second quarter of 2018. The company showed net income of $310 million for the quarter which was $175 million or 130% higher than a year ago. The year to date net income …
Net income tumbled for HollyFrontier in 2Q
Refinery operator HollyFrontier Corporation reported second quarter net income fell compared to a year ago but adjusted earnings increased. The income attributable to HollyFrontier stockholders totaled $196.9 million, or $1.15 per diluted share, for the quarter ended June 30, 2019, compared to $345.5 million, or $1.94 per diluted share, for the quarter ended June 30, …
LSB Industries to take part in New York conference
Oklahoma City’s LSB Industries, Inc. announced that its President & Chief Executive Officer, Mark Behrman will be participating in the Jefferies Industrials Conference on Wednesday, August 7, 2019 at 11:30 am ET, in New York City. LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial …
Sanders claims fossil fuel industry is “criminal”
Democratic hopefuls once again only discussed their climate plans briefly Tuesday night, but the discussion managed to span issues including the Flint, Mich., drinking water crisis to a declaration by Sen. Bernie Sanders that the fossil fuel industry is criminal. “We’ve got to ask ourselves a simple question: What do you do with an industry that willingly, for …
Leaders plan to modernize McClellan-Kerr Arkansas River Navigation System
U.S. Sens. Jim Inhofe (R-Okla.) and John Boozman (R-Ark.), along with Governors Kevin Stitt (R-Okla.) and Asa Hutchinson (R-Ark.), announced provisions in America’s Transportation Infrastructure Act that outline the future for modernizing the McClellan-Kerr Arkansas River Navigation System. These provisions will open up $250 million in non-highway formula funding for Oklahoma to use for MKARNS and …
Adjusted earnings slipped for ConocoPhillips in 2Q
ConocoPhillips reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share. Excluding special items, second-quarter 2019 adjusted earnings were $1.1 billion, or $1.01 per share, compared with second-quarter 2018 adjusted earnings of $1.3 billion, or $1.09 per share. The company stated that …
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