December 2, 2019 archive

Completion reports for December 2, 2019

Completion reports filed on December 2, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian (less Chester): Oil 91 Gas 11913 Water 645 Flow 3 14N 13W Debbie Fed 1413 7h-3x, March 29, 2019 HH, GAS, TD: 22948 ft Lat: 35.72451, Long: -98.57566 API: 35011241410000 ELLIS COUNTY Fourpoint Energy Llc Cleveland(8715): Oil 235 Gas 524 Water 916 Flow 30 19N 25W West Hog 30×31-19-25 1hb, January 14, …

Continue reading »

Permits to drill for December 2, 2019

Permits to drill issued for December 2, 2019. Canadian County SUMMER MOON 8-12N-8W #11MH, August 28 2019 17 12N 8W NWNENENW API: 01725512 Lat: 35.52168232507089, Long: -98.07203108186347 PALOMA OPERATING CO INC HH, AM, 16122 ft, MISSISSIPPI(10968) Canadian County FATBOY 29_32-12N-8W #4MHX, December 02 2019 29 12N 8W NENENWNE API: 01725565 Lat: 35.4927070829897, Long: -98.06592637767048 PALOMA OPERATING CO …

Continue reading »

Is Oklahoma’s economy still growing?

With a slight uptick in unemployment and a growing drop in oil and gas employment in Oklahoma, a question is being asked—Is Oklahoma’s economy still growing? The answer given by Chad Wilkerson, Vice President and Executive of the Oklahoma City branch of the Federal Reserve Bank is mixed. He spoke recently at an Oklahoma State Senate …

Continue reading »

Regulators to consider signing agendas on Tuesday

The Oklahoma Corporation Commission will hold a regular meeting Tuesday morning to handle a daily-signing agenda and a 24-hour signing agenda. Two of the issues on the 24-hour signing agenda include a request by Redwire Inc. to be recognized as an eligible telecommunications carrier in the state. The second item is a public hearing on …

Continue reading »

No asbestos contamination found following chemical plant explosion

Officials monitoring the burning fires at a chemical plant in Port Neches, Texas say they have found no indication of asbestos in the air.  The all-clear has been given and nearby residents were allowed to return to their homes over the weekend. But late Saturday, another distillation tower at the TPC Group facility toppled and …

Continue reading »

Energy news in brief

** Former EPA Administrator William Ruckelshaus died last week at the age of 87. He was the first-ever administrator of the Environmental Protection Agency and served from its founding in 1970 through 1973 and then again from 1983 to early 1985. ** Solar energy’s growth is demonstrated by the number of stories about how it’s being …

Continue reading »

Fire danger conditions improve in Oklahoma

Wildfire conditions improved this week after last week’s disastrous fires in northwest Oklahoma. The Oklahoma Forestry Department anticipates wetter conditions as rain is in the forecast for later in the week. The department’s latest Burn Index map shows only a few areas of the state where there might be some concerns about the potential for …

Continue reading »

“Our financial house is in order”—-Treasurer Randy McDaniel

Oklahoma Treasurer Randy McDaniel is out with his November economic newsletter highlighting the positive outlook given by Moody’s for the state’s economy. “The state’s improved fiscal condition is being recognized nationally,” stated McDaniel in the newsletter. “Our efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.” Moody’s pointed to a number …

Continue reading »

$1 billion share buyback announced by Colorado gold company

The world’s leading gold company, Denver, Colorado-based Newmont announced the start of a $1 billion repurchase program. The Board of Directors unanimously approved the authorization of the stock program to be completed in the next 12 months. The program will be executed at the Company’s discretion, utilizing open market repurchases to occur from time-to-time throughout …

Continue reading »

Unit Corporation extends offer for senior notes

Tulsa’s Unit Corporation announced this week the extension of the Early Tender Date for its previously announced offer to exchange senior notes. The extension was announced after the offer resulted in  $162.5 million in notes that had been exchanged as of Nov. 29, 2019. The offer applies to the company’s outstanding 6.625% Senior Subordinated Notes …

Continue reading »