January 2020 archive

Chaparral Energy smells success between El Reno and Yukon

Permits for new oil and gas drilling in the state were approved this week by the Oklahoma Corporation Commission including a five-well site in Canadian County by Chaparral Energy. The company smells success in the region and is planning to drill several more sister wells in spite of its financial challenges as it enters the …

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Oklahoma to get new telephone area code

Some telephone changes are coming to Oklahoma.  A new area code will soon be created for the state because area code 405 is running out at the end of 2021. The Oklahoma Corporation Commission voted this week to approve an overlay for the new area code. The North American Numbering Plan Administrator will decide what …

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$6 billion in notes offered by Energy Transfer

Nearly $6 billion in notes are being offered by Dallas-based Energy Transfer Operating LP as it attempts to cover its debts. The offering includes $4.5 billion in senior notes and $1.6 billion of preferred units. The offering includes $1 billion in 2.900% senior notes due 2025, $1.5 billion in 3.750% senior notes due 2030 and …

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Colorado helium plant gets new owner

A helium plant located west of Cheyenne Wells, Colorado near the Colorado-Kansas state line has a new owner. Tumbleweed Midstream LLC acquired the Ladder Creek Helium Plant and Gathering System from DCP Midstream, LP. The Ladder Creek system is supported by long-term acreage dedications across a 1,000-square-mile area that spans Cheyenne, Kit Carson and Kiowa …

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Nebraska wind farms get new owner

  Minnesota-based Excelsior Energy Capital now owns more than 90% of two wind farms in Nebraska. Excelsior, a renewable energy investor announced its North American Renewable Energy Fund closed on the acquisition of 90.1% of Invenergy’s interests in the combined 109-megawatt Prairie Breeze II and Prairie Breeze III wind farms. The farms are located in …

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Redwolf hits six big sister wells in Grady County

Redwolf Operating LLC has apparently found a sweet spot in the SCOOP near the Grady County town of Alex as it reported at least six sister wells with combined oil production of nearly 3,700 barrels a day. But Marathon Oil, drilling south of Lindsay came up with one well that had production of more than …

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Completion reports for January 8, 2020

Completion reports filed on January 8, 2020. 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: 35.65234, Long: -98.77488 API: 35039225410000 Citizen Energy Iii Llc Mississippian(15494): Gas 8240 Water 404 Flow 21 13N 14W Smoot 1h-21-16, October 23, 2018 HH, GAS, TD: 24575 ft Lat: 35.58483, Long: …

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Permits to drill for January 8, 2020

Permits to drill issued for January 8, 2020. Canadian County FUJI 1206 #3UMH-19, January 08 2020 19 12N 6W SWSWSWSE API: 01725587 Lat: 35.494324454635404, Long: -97.87471077335422 CHAPARRAL ENERGY LLC HH, DR, 13950 ft, MISSISSIPPI(9040) Canadian County FUJI 1206 #2LMH-19, January 08 2020 19 12N 6W NESESWSW API: 01725586 Lat: 35.49499500059236, Long: -97.88020520358107 CHAPARRAL ENERGY LLC HH, DR, …

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Oil prices dropped after de-escalation of conflict between US and Iran

  After President Trump announced Wednesday morning that Iran was backing off its stance of revenge over the killing of Major General Qasem Soleimani, oil prices fell. Prices of West Texas Intermediate crude spiked to more than $65 on Tuesday and fell well below the pre-spike levels. WTI closed Wednesday at $60.06, down $2.64 or …

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Energy news in brief

** Premier Oil has announced plans to buy two oilfield assets from BP in the North Sea for $625m (£474m).The oil company said on Tuesday it would snap up BP interests in five fields in the Andrew area, which is currently producing around 18,000 barrels of oil equivalent per day. It said it would also buy BP’s interest …

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