October 15, 2019 archive

Bison Oil and Gas Announces Closing of Term Loan Facility with Vӓrde Partners

Bison Oil and Gas Partners II, LLC in Denver announced the closing of a $155 million loan with Varde Partners, a global alternative investment firm. Bison plans to use the proceeds to fund its ongoing drilling program and expansion of its rural asset base in the Denver-Julesburg Basin. It will also use some of the …

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District office of OCC closed in Duncan

A local utility emergency in Duncan led Tuesday to the temporary closing of the Oklahoma Corporation Commission’s Oil and Gas Conservation Division’s District III office. The OCC announced it would send a notice when the office is reopened. Until then, those needing assistance were asked to call the division’s main line at the Jim Thorpe …

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Unit Drilling Company unveils its latest high-tech drilling rig in OKC

The future of oil and gas rig drilling is here. In fact, it has been for the past 7 years at Tulsa-based Unit Drilling Company where giant, modern-day computerized rigs are manufactured and sold. The latest model?  $20 million for Unit’s Boss Rig 414 that sits at the Unit yard, 7101 SW 29 street in …

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Other energy briefs

Other energy stories around the nation. **The PG and E situation in California where power was cut off to hundreds of thousands of residents in the past week has resulted in one researcher to complain. The University of California researcher claims the power outage might have wiped out $500,000 in cancer studies. She contends she …

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Lagoon Water Solutions Announces New Employees

  Oklahoma City-based Lagoon Water Solutions announced Tuesday the addition of three new company employees. Brian Twyman was hired as Accounting Manager where he will lead the accounting team and provide senior management with support on accounting and finance related matters. Twyman has worked in the oilfield services and energy industry for more than 15 …

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Solar panels to be old car tires of the future?

Like old car tire piles that dot the country, solar panels might soon be disposed of in the same manner if the country doesn’t make preparations according to two researchers at the Missouri University of Science and Technology. A report in the Rolla Daily News quotes the researchers who say states should be educated that …

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Oklahoma continues dry spell of completed oil and gas wells

The first two weeks of October produced a dramatic plunge in the number of completed oil and gas wells in Oklahoma, going from a high 29 completion reports on October 2 to none over a four-day stretch. It is a reflection of what is happening in the industry in the rest of the world as …

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8 years of highway projects approved by Oklahoma DOT

The Oklahoma Transportation Commission has approved the next eight years of highway improvement projects totaling more than $6.5 billion. The Eight Year Work Plan includes nearly 1,400 projects. Click here to read more at the McCarville Report.  

How will oil and gas fare under a Democratic President?

(Sen. Elizabeth Warren who says oil and gas industry is corrupt) What will happen to the fossil fuel industry if a Democrat is elected President?  Oil and Gas continues to be the whipping boy of Democratic candidates with promises made by many of them to target the industry that also helped fill state treasurers across …

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