Bloomberg News reports shale bond buyers are getting far more selective than they used to be and it’s because some of the oil and gas exploration companies are defaulting. Energy companies are spending more cash than they make. “High-yield energy companies have sold about half as much corporate debt this year as they had …
Based on information provided in part from Oklahoma, two scientists concluded conventional oil and gas production methods can affect groundwater much more than fracking. The study was by hydrogeologists Jennifer McIntosh from the University of Arizona and Grant Ferguson from the University of Saskatchewan. The researchers found information for the Western Canada Sedimentary Basin, the …
Toy maker Hasbro announced that, beginning in 2020, it plans to begin phasing out plastic from new product packaging, including plastic elements like polybags, elastic bands, shrink wrap, window sheets and blister packs. The company’s ambition is to eliminate virtually all plastic in packaging for new products by the end of 2022. “Removing plastic from …
Houston’s Quintana Energy Services Inc. announced the sale of its legacy conventional pressure pumping operations in Kansas and Bartlesville, Oklahoma to Hurricane Services Inc. , a privately-held oilfield service company based in Wichita, Kansas, for gross cash consideration of $4.4 million. As part of the transaction, QES divested approximately 12,000 hydraulic horsepower, five facilities including …
Oklahoma City’s Park Energy Services, LLC, a portfolio company of Rock Hill Capital, announced that it has appointed Tim Knox as President and Chief Operating Officer effective August 19th, 2019. “We are very excited to announce the addition of Tim Knox to the team. As Park Energy continues to exceed our growth objectives, we knew …
Eight wind energy projects located north of Amarillo in the Texas Panhandle have a new owner. Chicago-based GlidePath Power Solutions, one of America’s leading independent energy storage developers, announced its acquisition of a 149 MW portfolio of wind farms in North Texas. This latest acquisition brings GlidePath’s operating portfolio to more than 445 MW, in …
Oklahoma City’s Chaparral Energy LLC reports no letup in its drilling program in the STACK where it filed still more completion reports of wells this week. The company filed reports on 4 wells in Garfield County including 3 on a single pad at 12 21N 6W or about 3 miles southeast of the city of …
Completion reports filed on August 19, 2019. CANADIAN COUNTY Camino Natural Resources Llc Woodford(9977): Oil 236 Gas 2095 Water 1218 Flow 34 12N 7W Fiddle 1207 34-3-1wxh, August 29, 2018 HH, OIL, TD: 20505 ft Lat: 35.47837, Long: -97.91995 API: 35017252220000 Chaparral Energy Llc Mississippian(10091): Oil 499 Gas 3450 Water 1064 Flow 21 11N 6W Shasta 1106 4lmh-28, May 12, 2019 HH, OIL, TD: 15140 ft …
Permits to drill issued on August 19, 2019. Carter County OKLAHOMA GOLD #1-20, August 19 2019 20 3S 2W E2W2SENW API: 01925919 Lat: 34.28352662121898, Long: -97.43382457859124 CHARTER OAK PRODUCTION CO LLC SH, RC, 9007 ft, TUSSY(6120), CARPENTER(6310), MORRIS(6520), DORNICK HILLS(6900), VIOLA(7038), MCLISH(8440) Grady County WALTER VICTOR 0605 #4-4-9WXH, August 19 2019 33 7N 5W NENWSESW API: 05124696 …
Even as gasoline demand nationwide is reaching new levels, prices have fallen in the past week in Oklahoma to reach a new statewide average of $2.31 a gallon. It is 4 cents lower than a week ago, according to AAA Oklahoma. Oklahoma gasoline prices range from a low of $2.18 a gallon in Nowata county …
