Continental Resources founder Harold Hamm says the company’s efficiency at drilling wells is so efficient, the firm intends to reduce the number of drilling rigs in Oklahoma’s STACK and SCOOP plays. In a conference call this week, CEO Hamm told analysts and investors that crude oil production growth is running ahead of schedule “We have …
The state of Texas is suing Exxon Mobil for environmental violations, including releasing millions of gallons of firefighting wastewater into the Houston Ship Channel after the petrochemical giant’s most recent fire and explosion in Baytown. The Houston Chronicle reports the lawsuit, filed by the attorney general on behalf of the Texas Commission on Environmental Quality, seeks injunctive relief, …
Permits to drill for August 6, 2019. Cimarron County IRON JACKET #1-4, August 02 2019 04 5N 4E SENENESW API: 02521079 Lat: 36.9273161788516, Long: -102.63222622988486 GRAND MESA OPERATING COMPANY SH, AM, 5300 ft, PERMIAN(1700), LANSING(3400), MARMATON(4000), ATOKA(4400), MISSISSIPPIAN(5300) Grady County GALVIN #4-22-15XHW, August 06 2019 22 6N 5W W2E2E2W2 API: 05124687 Lat: 34.978632533491584, Long: -97.71669250853867 CONTINENTAL RESOURCES …
Completion reports filed for August 6, 2019. Bce-mach Llc Mississippian(5215): Oil 75 Gas 288 Water 657 Gaslift 6 27N 11W Scott 6-27-11 2h, November 09, 2018 HH, OIL, TD: 10140 ft Lat: 36.84140, Long: -98.42510 API: 35003233350000 Bce-mach Llc Mississippian(5225): Oil 348 Gas 2518 Water 1505 Gaslift 29 27N 10W Lodge 29-27-10 2h, November 08, 2018 HH, OIL, TD: 10151 ft Lat: 36.79649, Long: -98.29737 API: 35003233380000 …
Oklahoma City’s Devon Energy reported a major improvement in its second quarter earnings compared to one year ago when it reported a loss. The firm said reported net earnings for the second quarter 2019 totaled $495 million or $1.19 per diluted share. Devon Energy reported that adjusting for items securities analysts usually exclude from published …
Four years ago this week, Environmental Protection Agency contractors triggered the release of three million gallons of yellow wastewater from the Gold King Mine in southwest Colorado into the Animas and San Juan rivers. The spill flowed through New Mexico, Utah and the Navajo Nation, all of which sued the EPA for damages. Read the …
New Mexico Gov. Michelle Lujan Grisham is accusing the Trump EPA of failing to uphold the agency’s mission of protecting public health and the environment after it refused to help the state in its lawsuit against the Air Force over major PFAS contamination at two Air Force bases according to POLITICO’s Morning Energy Report. In …
Governor Kevin Stitt announced the appointment of Kevin Corbett as the next agency director for the Oklahoma Health Care Authority. Corbett previously served as the Interim Chief Financial Officer at Lagoon Water Solutions. Prior to this, Corbett served as a senior partner and Risk Advisory practice leader with Ernst & Young, retiring in 2017 with over …
Proposed passenger rail service between Oklahoma City and Tulsa was derailed this week when Stillwater Central Railroad failed to meet a 6-month pilot program. Click here to read the story in The Oklahoman.
Tulsa’s WPX Energy reported increased oil production as well as second quarter income for 2019. Total production revenues for the quarter came to $558 million and were seven percent higher than the second quarter of 2018. Total product revenues of $1,065 million during the first half of 2019 were 15 percent higher than $927 million …
