Completion reports filed on October 30, 2019. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian(7220): Oil 417 Gas 806 Water 1489 Pump 9 14N 5W Carter 5-16mh, October 01, 2018 HH, OIL, TD: 12830 ft Lat: 35.69781, Long: -97.73606 API: 35017252240000 COAL COUNTY Canyon Creek Energy Operating Llc Woodford(6764): Oil 86 Gas 379 Water 750 Gas Lift 2 2N 8E Boles 1-2/11/14h, April 13, 2018 HH, …
October 30, 2019 archive
Permits to drill for October 30, 2019
Permits to drill issued for October 30, 2019. Canadian County HONEY SPRINGS 1109 2-35 #1MXH, August 28 2019 11 11N 9W NENENENE API: 01725513 Lat: 35.44927614686431, Long: -98.11504918804897 CAMINO NATURAL RESOURCES LLC HH, AM, 22684 ft, MISSISSIPPI LIME(11850), MISSISSIPPIAN(12078), WOODFORD(12403) Comanche County CLO #1-13, October 30 2019 13 3N 10W CNWNE API: 03121568 Lat: 34.7372005641967, Long: -98.20171168660899 …
Falling rig counts starting to impact Oklahoma’s jobless figures
The slowdown in rig activity in Oklahoma is apparently starting to be felt in some areas of the state when it comes to employment, according to the September figures from the Oklahoma Employment Security Commission. The Commission showed that oil and gas employment in Oklahoma City actually increased by 300 from August 2019 to September …
Oil production up for Continental Resources but net income was down in 3Q
While oil production was up in the third quarter for Oklahoma City’s Continental Resources Inc., the firm’s $158.2 million in net income or 43 cents a share was down markedly from a year ago when net income was $314 million. The company reported its adjusted net income for the 2018 third quarter was $199.4 million, …
Energy news in brief
** This week’s bankruptcy of Murray Energy, the biggest privately owned coal company in the U.S. left retired coal miners wondering about the status of their pensions. Murray is the last large coal operator to pay into the pension fund of the United Mine Workers of America. Some believe Chapter 11 bankruptcy will allow the …
Military wants to curtail wind farm growth around nuclear missile sites
Months after Oklahoma settled issues with wind farm developers to prevent construction too close to military installations, now the military wants five other states to adopt similar rules. But this time, the rules would prevent wind turbines close to nuclear missile arsenals. The Associated Press reported the military wants to prevent conflicts between the wind …
Wisconsin wants to protect oil and gas firms from trespassing protesters
A Senate committee in Wisconsin is following Oklahoma’s effort at targeting protesters who trespass onto land owned by oil and gas companies and pipelines. It has approved bipartisan legislation to make it a felony. The Senate Committee on Judiciary and Public Safety approved the measure this week and sent it to the full Senate. A …
Inhofe introduces his version of a defense spending bill
Oklahoma U.S. Sen. Jim Inhofe took to the Senate floor this week to introduce what he called a “skinny” version of the National Defense Authorization Act. It’s his plan to continue funding basics of the military and other national security operations. Inhofe’s move came as budget negotiations are still underway but approaching a deadline in …
Strong 3Q results and increased earnings reported by ONEOK
Tulsa-based ONEOK, Inc. announced its third quarter 2019 financial results showing an 11 percent increase in net income. The company said its net income for the quarter was $309.2 million or 74 cents a share while adjusted EBITDA was $649.8 million, up 5 percent. Results were driven primarily by natural gas liquids (NGL) and natural …
10-year sentence for defrauding Chesapeake Energy out of more than $4 million
A man who defrauded Oklahoma City’s Chesapeake Energy out of more than $4.3 million was sentenced to more than 10 years in federal prison this week in federal court. Justin Lane Foust of Sulphur had been convicted by an Oklahoma City federal jury in January of six counts of wire fraud, one count of aggravated …
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