March 2020 archive

Companies slash $1.9 billion in pipeline efforts in Permian Basin

About 10 days after Tulsa’s ONEOK cut its pipeline operations by $500 million, more companies are doing the same in the Permian Basin. ONEOK’s budget cut, combined with others totals an estimated $1.9 billion. This week,Houston offshore oil company Talos Energy also pledged to cut $170 million from its budget. Noble Midstream Partners, Rattler Midstream, …

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Nearly 20 earthquakes rattle Oklahoma in 3 days, geologists say

  Earthquakes have been recorded throughout Oklahoma in the past few days with at least seven occurring in less than 24 hours. But nearly 20 were recorded since the weekend. The strongest measured 2.5 in Pittsburg County on Monday, March 23  and 2.6 in Dewey County, according to the Oklahoma Geological Society.  Close to 20 …

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Super cheap gasoline in Oklahoma—$1.03 at one OKC site

Gasoline prices in Oklahoma are down to a statewide average of $1.70 while nationally, 29 states have averages under $2 a gallon. One Oklahoma City station is pumping gas for $1.03 a gallon. AAA Oklahoma reports the U.S. average is now $2.11 while the Oklahoma average of $1.70 compares to $1.90 a week ago and …

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Ransomware hackers threaten Missouri power provider

  Ransomware hackers have struck not only a healthcare provider associated with the British government but also a vendor supplying an Ameren Missouri power plant. One report suggested that the hackers stole two decades worth of files from the vendor whose business list includes Ameren Corp. which is Missouri’s largest utility. Although no data related …

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Congressman Cole rips Pelosi over “left wing”coronavirus bill attempts

Those renewable energy add-ons by the Democrats in the latest coronavirus relief measure on Capitol Hill angered Oklahoma Rep. Tom Cole who accused Speaker Nancy Pelosi of using the crisis to advance a far-left ideological agenda. In a statement, the Republican congressman said the 1,100-page partisan, left-wing bill has “nothing to do with the spreading …

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Remote work rules advised by Oklahoma Corporation Commission

Oklahoma regulators have launched efforts to do their legal business by remote means, such as Internet.  The Corporation Commission released steps to be taken by those energy firms and others who need to do filings and other work at the now-closed Jim Thorpe building in Oklahoma City and the commission’s offices in Tulsa. Ways to …

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Government moves ahead with BLM auctions in 4 states

The federal government’s ignoring calls for oil and gas lease sales in four Western states to be delayed because of the drastic drop in energy prices. Instead, the Bureau of Land Management is going ahead with the sales beginning this week and is offering more than 210,000 acres for leasing. The Bureau of Land Management …

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Completion reports for March 23, 2020

Completion reports filed on March 23, 2020. GARVIN COUNTY Marathon Oil Company Mississippian(10715): Oil 588 Gas 1429 Water 1838 Flow 34 4N 4W Jimmie Dell 0404 1-35mh, January 15, 2020 HH, OIL, TD: 17100 ft Lat: 34.76908, Long: -97.60195 API: 35049252890001

Permits to drill for March 23, 2020

Permits to drill issued on March 23, 2020. Kay County GARRY DAVIS #31-27, November 04 2019 27 25N 1W CNESESW API: 07124143 Lat: 36.61095551312189, Long: -97.29292240922825 KODA OPERATING LLC SH, AM, 4430 ft, LAYTON(3083), WILCOX(4091) Kay County BEVERLIN #A-3, March 20 2020 34 25N 1W CN2NW API: 07124235 Lat: 36.60644480218452, Long: -97.29623562496583 KODA OPERATING LLC SH, RC, …

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Oil prices suffer in low $20s—so do energy firms

  Oil prices rebounded ever so slightly in Monday’s trading while energy companies saw their stocks continue to lose value. West Texas Intermediate crude closed 73 cents higher at $23.36 a barrel, a change of 3.23%. Brent Crude in London was up 53 cents and closed at $27.51 a barrel, a change of 1.96%. Natural …

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