Tulsa’s Redline Resources LLC has doubled its capacity with a recent expansion into the Permian and Delaware Basins and the opening of a field office in Pecos, Texas. The expansion by the Oklahoma-based artificial lift cable, spooling and cap tubing company includes cable and spooling bays, warehouse and office space as well as …
SandRidge Energy, Inc. in Oklahoma City reported a third quarter 2019 loss of $182 million or $5.12 a share and plans a reduction in fourth quarter spending. The company blamed much of the loss on a non-cash ceiling test write down and said adjusted net losses for the quarter were $17 million or 49-cents …
An attempt by Sunflower Electric Power Corp. to begin construction of a new coal-fired power plant in southwest Kansas is not only drawing criticism but is facing a construction deadline. The company has until March 2020 before a renewed construction permit expires for the proposed Holcomb 2 plant and state regulators have said they won’t …
Two weeks after a leak in the Keystone pipeline in North Dakota spilled an estimated 383,000 gallons of oil onto farm land, the pipeline has been repaired and reopened. TC Energy, formerly known as TransCanada announced the pipeline “returned to service” on Sunday after repairs were made and approval came from the U.S. Pipeline and …
Oklahoma City’s Chaparral Energy, Inc. reported a net loss of $131 million in the third quarter, forcing the company to reduce its rig operations from three to two for the remainder of 2019. But 2020 operations might be carried out with only one rig. The net loss totaled $130.9 million or $2.86 a share while …
An environmental group predicts a water shortage will develop in the Permian Basin with continued exploration by oil and gas firms. The left-leaning Center for American Progress issued a report claiming that increased drilling will result in water shortages for cities and towns, ranchers and farmers, according to Reuters. “Oil and gas leasing in …
Some fact-checking by the Washington Times of a recent climate petition signed by more than 11,000 reported “world scientists” led to some phony signatures. Who would have thought that Micky Mouse lived in Nambia and had become a scientist after being a cartoon star for decades? Check out the Times story: There was something goofy …
The investments in Wyoming’s Powder River basin are paying off for Tulsa’s Samson Resources II. The company announced production of two major wells in the Frontier formation of Converse County, Wyoming—both with production of more than 3,400 barrels a day. The Bohlander Fed 3974-1720 2FH had initial production of 3,408 barrels of oil equivalent a …
Magellan Midstream Partners, L.P. in Tulsa announced a supplemental open season to solicit additional commitments for transportation volume on the western leg of its refined petroleum products pipeline system in Texas. Magellan is in the process of expanding the capacity of its west Texas refined products pipeline system to approximately 175,000 barrels per day (bpd) …
The Oklahoma Corporation Commission has taken more steps to solve the issue of a saltwater purge near the Blaine-Kingfisher county line in northern Oklahoma. The purge has been active since July and over the weekend, the commission’s Oil and Gas Conservation Division issued orders to reduce operations of four more disposal wells near the site. …
