September 5, 2019 archive

Permits to drill for September 5, 2019

Permits to drill issued for September 5, 2019. Canadian County WHIRLAWAY 33-4-11-7 #3MXH, September 05 2019 33 11N 7W SWSESENW API: 01725520 Lat: 35.38505472755854, Long: -97.94729343493208 ROAN RESOURCES LLC HH, DR, 17249 ft, MISSISSIPPIAN(10915), MISSISSIPPI LIME(10960), WOODFORD(11035) Creek County TERRAIN #2-32, September 05 2019 32 19N 7E SWNWNWSE API: 03729434 Lat: 36.08186118744419, Long: -96.59239703445321 TERRAIN ENERGY LLC …

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Completion reports for September 5, 2019

Completion reports filed on September 5, 2019. BLAINE COUNTY Marathon Oil Company Mississippi Lime(10192): Oil 1128 Gas 1592 Water 249 Flow 3 16N 11W Roser 1611 1-3mh, May 02, 2019 HH, OIL, TD: 15380 ft Lat: 35.88538, Long: -98.35496 API: 35011241090000 GARVIN COUNTY Red Rocks Oil & Gas Operating Llc Woodford(7712): Oil 35 Gas 2212 Water 439 Flow 16 4N 3W Jester 1-16h, December 29, 2018 …

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Appeals court rules against Cherokee Nation in fight with smaller tribe

In a surprise decision on Thursday, the 10th U.S. Circuit Court of Appeals in Denver overturned an Oklahoma federal judge’s decision that was in favor of the Cherokee Nation in a fight with the United Keetoowah Band of Cherokee Indians in Oklahoma. The appeals court vacated the lower court decision and ruled in support of …

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House to consider extending anti-terrorism standards for chemical plants

Oklahoma Congressman Markwayne Mullin and others on the Environment and Climate Change subcommittee of the House Energy and Commerce Committee have a hearing planned for next week. Led by Democrats, the Committee will hold a hearing Sept.11 on legislation H.R. 3256 which would extend the Chemical Facility Anti-Terrorism Standards program. The program is intended to …

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Record oil shipped out of Corpus Christi

Thanks to new pipelines in the Permian Basin, a record amount of 1 million barrels of oil a day on average was loaded last week onto vessels at Corpus Christi, Texas. Consultancy RBN Energy, according to Reuters indicated the record was nearly double the July average of 525,000 barrels a day. And nearly half of …

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Biden undecided about Keystone XL pipeline?

Former vice president and Democratic Presidential hopeful Joe Biden isn’t making friends with at least one group fighting the Keystone XL crude oil pipeline in Nebraska. He has yet to agree to pledge opposition to the line that will carry crude from Canada to Nebraska and eventually to the Gulf Coast refineries. The group “Bold …

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ONEOK Board chairman transfers $15 million in shares to trust

A Securities and Exchange Commission filing by Tulsa-based ONEOK showed the transfer of nearly $15 million in shares owned by Board Chairman John William Gibson. The documents indicated he transferred 211,200 shares, each valued at $70.61 to a newly created, irrevocable charitable remainder unitrust of which he and his wife are beneficiaries. The total value …

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Helmerick and Payne anticipates drop in rigs and cap-ex

Tulsa’s Helmerich & Payne, Inc. announced a quarterly dividend of 71 cents a share on Thursday and also provided an operational and capital expenditures update. The update shows company concern about its operations in Argentina and a reduction in capital expenditures for 2020. The dividend will be payable on Dec. 2, 2019 to stockholders of …

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OKC’s Bison Tech is major investor in Houston’s Sourcewater

Houston’s Sourcewater, Inc., the leading provider of oilfield water intelligence, closed a $7.2 million Series A share offering led by Oklahoma City-based Bison Technologies, with major participation by Marubeni Corporation, the U.S. arm of the Japanese investment conglomerate. Bison and Marubeni were the biggest buyers in the stock offering. Joshua Adler, Founding Chief Executive of …

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Delisting warning issued to Chesapeake Granite Wash Trust

The New York Stock Exchange has warned the Chesapeake Granite Wash Trust its trading is “below criteria” and subject to removal from the listing. The Trust owns royalty interests in oil, natural gas liquids and natural gas properties in Washita County, Oklahoma that were conveyed to the Trust by Chesapeake Energy Corporation. Being “below criteria” …

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