As the oil and gas downturn spreads, more companies are finding it difficult to remain on the New York Stock Exchange. One of the latest to get a delisting warning from the exchange is Dallas-based New Concept Energy, Inc., a firm that owns oil and gas wells and mineral leases in Ohio and West Virginia. …
December 2019 archive
Scattered drilling success in latest completion reports in Oklahoma
The privately held Houston company, Sk Nemaha LLC reports completion of several wells across Oklahoma’s STACK play. Completion reports filed this week show the company reported four wells in Kingfisher County, the largest with production of 779 barrels of oil a day along with 1,478 Mcf of natural gas. The well is located at …
Biodiesel group applauds extension of tax credit
The reinstatement and extension of the $1 a gallon Biodiesel Tax Credit was welcome news to the Iowa-based Renewable Energy Group, Inc. Its President and CEO C.J. Warner called the approval in congress and the President’s signing of the measure a “big win for environment, for agriculture and for US motorists.” He said as a …
Fracking cleared of water well contamination in central Wyoming
In a stunning reversal of the findings and claims of other agencies, the Wyoming Department of Environmental Quality says hydraulic fracking did not contaminate the drinking water wells of Pavillion, Wyoming. The DEQ stated, “Evidence does not indicate that hydraulic fracturing fluids have risen to shallow depths utilized by water-supply wells. Also, based on an evaluation …
Completion reports for December 23, 2019
Completion reports filed on December 23, 2019. CANADIAN COUNTY Citizen Energy Iii Llc Mississippian: Gas 5917 Water 1469 Flow 21 12N 10W Braveheart 1h-16-9, May 03, 2019 HH, GAS, TD: 22057 ft Lat: 35.50670, Long: -98.26353 API: 35017253390000 CUSTER COUNTY Citizen Energy Iii Llc Mississippian(15264): Gas 8768 Water 1346 Flow 34 14N 15W Hampton 1h-34-3, December 16, 2018 HH, GAS, TD: 25806 ft Lat: …
Permits to drill for December 23, 2019
Permits to drill issued for December 23, 2019. Canadian County HARTMAN SWD #1, March 19 2019 31 12N 6W SWNWNESW API: 01725412 Lat: 35.470412069169996, Long: -97.8791413645274 S & S STAR OPERATING LLC SH, AM, 6400 ft, WABAUNSEE(4300), SHAWNEE(5200) Custer County COLLINS SWD #1, March 22 2019 14 14N 15W E2NENENE API: 03922570 Lat: 35.69547123662418, Long: -98.75689764392564 S …
Texas oil and gas firm removed from NYSE
Another oil and gas firm has been removed from trading on the New York Stock Exchange because trading levels had dropped below the required minimum. Houston-based CARBO Ceramics Inc., maker of ceramics for hydraulic fracturing was notified last week by the New York Stock Exchange. It had failed to meet the exchange’s average global market …
EPA puts Georgia in charge of coal ash cleanup
Georgia will follow Oklahoma in becoming only the second state to be allowed to operate its own coal ash permitting program. The U.S. Environmental Protection Agency made the announcement and coincides with the agency’s plan to issue new federal permits for coal ash disposal, a move that could save $1 million a year. The new …
Warmer weather could mean wildfires in western Oklahoma
With dry conditions and strong winds, the Oklahoma Forestry Department remains concerned about wildfires in the state this week. In recent days, several wildfires were fought throughout the state. Activity spiked last Thursday with a dry airmass that supported the dry conditions. Elevated fire dangers are present in the western parts of Oklahoma and especially …
Lump of coal for some renewables in the U.S. spending bill
As Oklahomans in the House split their votes on the recent $1.4 trillion spending package that was eventually signed by President Trump, it also proved to be a win for biodiesel and renewable diesel industries. Those getting a lump of coal for Christmas? Small-scale solar and electric vehicles. They were among the losers for tax …