Effective Wednesday, March 18, the lobby of the Office of the State Treasurer will be closed to the public until further notice, State Treasurer Randy McDaniel announced. McDaniel said the action is being taken to limit the spread of COVID-19, protect the health of the public and treasury employees, and ensure continuity of operations. …
Tulsa’s Unit Corporation reported losses of $335 million or $6.33 per diluted share in the fourth quarter of 2019 and $553.9 million or $10.48 per diluted share for the year. The 2019 losses compared to $45.3 million or 87-cents per diluted share for 2018 and came despite a 12% year-over-year increase in oil production and …
The largest oil producer in South Texas, EOG Resources Inc., a firm that also explores Oklahoma’s STACK and SCOOP plays is cutting its 2020 spending by nearly a third because of the sharp drop in oil prices. The company announced it is reducing projected annual spending by 31% or $2 billion to $4.3 billion to …
Completion reports filed on March 17, 2020. CADDO COUNTY Territory Resources Llc 3 5N 9W Town Of Cement 1-3, October 16, 2019 SH, DRY, TD: 7800 ft Lat: 34.93105, Long: -98.14138 API: 35015219860001 CARTER COUNTY Continental Resources Inc Woodford(12853): Oil 91 Gas 3240 Water 4567 Flow 16 2S 2W Wagner 1-17xhw, November 23, 2019 HH, GAS, TD: 18388 ft Lat: 34.37673, Long: …
Permits to drill issued on March 17, 2020. Blaine County HAIGLER #1-4H, August 23 2019 04 17N 12W SWSESESE API: 01123641 Lat: 35.97190610299016, Long: -98.47757544418893 COUNCIL OAK RESOURCES LLC HH, AM, 14445 ft, MORROW SAND(8717), MISSISSIPPIAN(9818) Kay County SWEETWATER CREEK #1-19, March 17 2020 19 28N 4E SENWNWSE API: 07124885 Lat: 36.88956031615724, Long: -96.91248534911998 MAVERICK BROTHERS RESOURCES …
As Saudi Arabia instructs Aramco to boost oil production levels to unseen levels, crude oil prices have tumbled to prices not seen since 2016 in the U.S. West Texas Intermediate crude, set at the tank storage facilities in Cushing, Oklahoma, dropped $1.75 to $26.95 per barrel. Brent Crude in London fell $1.23 to …
Tulsa’s WPX Energy says it’s cutting its 2020 spending by $400 million or 25% as oil prices continued to fall because of a lack of demand and the impact of the coronavirus. Company leadership says it has the flexibility to cut more if necessary. “We will continue to assess the market and adjust our activity …
In order to help stop the spread of the coronavirus, the Oklahoma Employment Security Commission (OESC) is encouraging claimants to use the internet to file Unemployment Insurance claims. Information about Oklahoma’s Unemployment Insurance system can be found on the agency website at: https://www.ok.gov/oesc/. In addition to online claim filing, the website contains other information, such as …
Every military installation in Oklahoma now falls under an expanded site list from the Defense Department as it investigates more than 650 sites with suspected contamination from toxic “forever chemicals” used for decades in military firefighting foam. And it includes National Guard facilities at Oklahoma City’s Will Rogers World Airport and the Tulsa International …
Oklahoma U.S. Sen. Jim Inhofe is one of 13 Republican Senators who wrote Saudi Crown Prince Mohammed bin Salman this week urging him to take action to cool tensions in the oil market when at the same time, the world economy is battered by the coronavirus. “It was greatly concerning to see guidance …
