September 2019 archive

WPX Energy increases buyback offer

  WPX Energy announced the early results and early settlement and the amendment of certain terms of its previously announced cash tender offers to purchase up to $450 million aggregate principal amount of its outstanding 6.000% Senior Notes due 2022 and 8.250% Senior Notes due 2023. According to information received from Global Bondholder Services Corporation, …

Continue reading »

ONEOK honored by Dow Jones

ONEOK, Inc. announced its inclusion in the Dow Jones Sustainability North America Index , which recognizes companies for industry-leading environmental, social and governance performance. ONEOK is the only U.S.-based midstream energy company included in the index. “ONEOK’s inclusion in the DJSI underscores our commitment to operating safely and responsibly,” said Terry K. Spencer, ONEOK president and …

Continue reading »

Completion reports for September 23, 2019

Completion reports filed for September 23, 2019. completions: none were processed today

Permits to drill for September 23, 2019

Permits to drill issued for September 23, 2019. permits: none were processed today

Tense times at the White House over biofuels

  Radio Iowa reports Republican Governor Kim Reynolds held her annual fundraiser Saturday night, using the event to denounce the Democrats running for president and make a pitch for Donald Trump’s reelection. But Reynolds also recounted tense moments in the White House earlier this month as she and other Iowa officials asked the president to …

Continue reading »

Another warning about parent-child wells

A warning about Permian Basin parent-child wells from a Houston-based investment bank echoes the same kind of cautionary note that was made in April for Oklahoma’s STACK-SCOOP wells. The Houston Chronicle reported the analysis from Tudor, Pickering, Holt and Company suggested that parent-child wells drilled too close to one another could resulted in a 20% …

Continue reading »

GOP challenger predicts death of oil and gas

If you believe former Massachusetts Gov. Bill Weld, the oil and gas industry is making its dying gasps and won’t be around much longer. He’s running for the GOP presidential nomination against President Trump and joined Democratic primary candidates at a recent MSNBC Climate forum. Here’s how The Hill reported Weld’s claims: GOP primary challenger …

Continue reading »

3Q earnings report to be released by Phillips 66

  In another month, we’ll be learning the third quarter 2019 financial results from Phillips 66 and Phillips 66 Partners. The two plan to release the results on Friday, October 25 and follow it with a conference call webcast at 1 p.m. CDT. Executive management will take part to discuss the results and provide an …

Continue reading »

Representative on climate change..govt regs cannot outrun technology

Oklahoma Congressman Markwayne Mullin took part last week in a congressional hearing into climate change. And he didn’t come away optimistic about reaching any compromise with the Democrats who control the Energy and Commerce Subcommittee on environmental and Climate Change. The hearing was entitled “Building a 100 percent Clean Economy: Pathways to Net Zero Industrial …

Continue reading »

Location of new BLM headquarters worries environmentalists

  The Interior Department late Friday announced it has leased office space for the new BLM headquarters in Grand Junction, Colo. The move to 760 Horizon Drive “is another step in providing better service to the American people and our neighbors in the West,” said Interior Secretary David Bernhardt in a press release, according to …

Continue reading »