October 2019 archive

No letup in saltwalter purge in Oklahoma’s STACK

Reports indicate the saltwater purge happened near the town of Omega and close to the Blaine-Kingfisher county line has yet to decline. The water purge was reported in early July in the STACK play and at least four nearby saltwater disposal wells remain shut down while the Oklahoma Corporation Commission continues its investigation. “This is …

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Mullin, Hern and other Republicans blocked from attending secret testimony

We usually write about Oklahoma U.S. Rep. Markwayne Mullin and his energy duties on Capitol Hill. But this week, he and Tulsa congressman Kevin Hern were among the Republicans who marched en masse to the closed-door impeachment hearings held by the House Intelligence Committee chaired by Democrat Rep. Adam Schiff. They didn’t get very far …

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Energy news stories in brief

** House Transportation Chairman Peter DeFazio (D-Ore.) said he won’t bring Republicans in on his transportation bill because they don’t share his climate goals. “I think there are certain pieces … where we have goals that [House Republicans] don’t share in terms of dealing with climate change and climate crisis in this bill,” he said. “We’re going to …

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Moody’s upgrades Oklahoma’s credit outlook to positive

State Treasurer Randy McDaniel announced this week that Moody’s Investors Service has upgraded the state’s credit outlook from stable to positive. The rating agency concurrently affirmed Oklahoma’s credit rating of Aa2. Moody’s action follows a meeting last month with state leaders to provide rating analysts with an update on the economy, credit trends, and policy …

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ONEOK declares increased quarterly dividend

Tulsa’s ONEOK, Inc. declared an increased quarterly dividend of 91.5 cents a share. The move by the board of directors increased the dividend by 2.5 cents which results in an annualized dividend of $3.66 a share. The dividend will be payable Nov. 14, 2019 to those shareholders of record at the close of business Nov. …

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Biofuel groups sue over exemptions for small refiners

The Trump administration’s decision to exempt 31 small refiners from biofuel blending requirements has been challenged by a coalition of biofuel industry groups. They filed suit claiming the 2018 exemption decision was carried out in secret. Before the suit was filed, President Trump stated he had solved the fight, according to S and P Global …

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Marathon scores big wells in Oklahoma’s STACK

Houston’s Marathon Oil Company filed more completion reports this week indicating it had production of more than 2,700 barrels a day on a multi-unit well site in Blaine County, 1,500 from two multi-unit wells in Canadian county and 1,700 barrels a day from two wells at the same site in Kingfisher county. The Blaine County …

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Completion reports for October 23, 2019

Completion reports filed on October 23, 2019. ALFALFA COUNTY Marjo Operating Mid-continent Llc Cherokee Sands: Water 79 Swabbin G 14 27N 9W Patsy Jo (Cherokita Misener Unit 1) 1, January 28, 2019 SH, DRY, TD: 6115 ft Lat: 36.81314, Long: -98.14378 API: 35003214650003 BLAINE COUNTY Marathon Oil Company Mississippian(9022): Oil 1734 Gas 2718 Water 580 Flow 25 17N 10W Marjorie 1710 3-25-36mxh, July 13, …

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Permits to drill for October 23, 2019

Permits to drill issued on October 23, 2019. Beaver County SLATTEN #1, October 22 2019 32 4N 22E SWNESWSE API: 00725710 Lat: 36.76369943612139, Long: -100.70929388827908 GLB EXPLORATION INC SH, DR, 7700 ft, HOOVER(4600), TORONTO(4810), CHESTER(6910) Carter County COUNTYLINE UNIT #43-2, October 23 2019 19 1S 3W NESWNESE API: 01926340 Lat: 34.45372161443076, Long: -97.5472937934661 CITATION OIL & GAS …

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Sen. Inhofe questions expert about water resources

Click to watch Sen. Inhofe’s remarks. U.S. Sen. Jim Inhofe (R-Okla.) senior member of the Environmental and Public Works (EPW) Committee, questioned a federal panel of witnesses at an Environmental Public Works (EPW) hearing to receive testimony on Improving American Economic Competitiveness Through Water Resources Infrastructure. Witnesses included Rickey Dale “R.D.” James, Assistant Secretary of …

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