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 …
September 2019 archive
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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” …
$550 million in notes offered by Enable Midstream
Oklahoma City’s Enable Midstream Partners, LP announced the offering of $550 million in senior notes. The offering includes 4.150% senior notes due 2029 at a price to the public of 99.821% of face value. Enable plans to close the offering on Sept. 13. Enable intends to use the net proceeds from the offering to …
