September 2019 archive

Cherokee Nation Businesses to announce wage hike

Some of the hourly workers for the Cherokee Nation’s business sector will be getting pay increases. The tribe made the announcement this week and plans to offer details in a Wednesday morning news conference The news conference will be at 9:30 a.m. at the CNB Engineering and Manufacturing site in Stilwell. Cherokee Nation Businesses “prides …

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Devon Energy names new EVP

Devon Energy Corp.  announced that David Harris has been appointed to the position of executive vice president, exploration and production. Tony Vaughn previously served in this role and will retire from Devon after 20 years of service. “We are proud to announce David’s promotion to executive vice president, exploration and production,” said Dave Hager, president …

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LSB Industries to take part in NYC Investors conference

In an attempt to expand its number of investors, Oklahoma City’s LSB Industries, Inc. will take part in the Sidoti and Company Fall 2019 Investor conference next week in New York City. LSB’s Senior Vice President and Chief Financial Officer Cheryl Maguire will give a presentation on Wednesday, Sept. 25 at 1 p.m. Eastern Time …

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Cheniere and EOG Resources sign gas supply agreement

Houston’s Cheniere Energy, Inc. announced it has reached a long-term gas supply agreement with EOG Resources, Inc., another Houston firm that recently had 3 wells on a single pad in Grady County with production of more than 4,200 barrels of oil a day. Cheniere’s susidiaries, Corpus Christi Liquefaction, LCC and Cheniere Corpus Christi Liquefaction Stage …

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More oil to be transported to Cushing out of Colorado

Denver-based Taproot Energy Partners LLC says it’s secured a long-term agreement to move oil out of northern Colorado to the Cushing, Oklahoma crude storage facilities. The agreement is with Bonanza Creek Energy Operating Company, LLC which is a subsidiary of Bonanza Creek Energy, Inc. It involves a long-term acreage dedication concentrated in rural, unincorporated Weld …

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Drone strikes get the attention of Oklahoma oil and gas leaders

The weekend drone strikes by terrorists that halved the oil production in Saudi Arabia prompted one Oklahoma oil and gas leader to speak about the violence and what it means to Oklahoma.  “The drone strikes on petroleum installations in Saudi Arabia are a reminder of the importance of domestic oil and natural gas production and …

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Permits to drill for September 16, 2019

Permits to drill for September 16, 2019. Canadian County JACOBS 23_14-13N-9W #7HX, September 16 2019 23 13N 9W NWSESESW API: 01725526 Lat: 35.58137390502246, Long: -98.12933183416672 DEVON ENERGY PRODUCTION CO LP HH, DR, 20572 ft, MISSISSIPPIAN(8895), WOODFORD(10458) Grady County MCBRYDE FIU #5-23-26XHW, September 16 2019 23 6N 5W NENENWNE API: 05124715 Lat: 34.98506867958929, Long: -97.69348904417244 CONTINENTAL RESOURCES INC …

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Completion reports for September 16, 2019

Completion reports filed for September 16, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian (less Chester): Oil 35 Gas 6995 Water 847 Flow 3 14N 13W Debbie 1413 5h-3x, May 01, 2019 HH, GAS, TD: 22635 ft Lat: 35.72451, Long: -98.56936 API: 35011241390000 CUSTER COUNTY Ehvi Exploration Llc Cherokee: Oil 6 Gas 2734 Water 2013 Flow 8 13N 20W Fransen 1h-8-17, February 06, 2019 HH, GAS, …

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Crippling drone attacks could result in higher gasoline prices

On the week, the national gas price average held steady at $2.56, but motorists can expect some volatility at the pump in the coming days and weeks. Over the weekend, Saudi Arabia experienced drone attacks on two major oil facilities – including the world’s largest, Abqaiq. The attacks have taken 5.7 million (crude) barrels per day off …

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Monthly economic report from Oklahoma Treasurer

Oklahoma State Treasurer Randy McDaniel released his monthly economic report for the month of September, one showing only modest economic growth in August. “Oklahoma’s economy is still expanding. While we continue to see economic growth, it’s not as robust as in previous months,” stated McDaniel. The report showed how receipts from gross production tax on …

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