March 2020 archive

ONEOK unveils $1.6 billion offering in senior notes

A day after Tulsa-based ONEOK filed a prospectus for the sale of senior unsecured notes, it made another SEC filing detailing an offering of $1.650 billion in notes. The first offering is for $400 million in 2.200% notes due 2025. A second class involves $850 million in 3.100% notes due 2030. The final class of …

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STACK wells drilled by Devon Energy

Completion reports on two STACK wells drilled in 2019, one with production of 1,000 barrels of oil a day were filed this week by Devon Energy Production Company LP. The Charma 12_1-15n-11w 5hx well, located at 7 15N 10W in Blaine County was actually drilled in December 2018 and drilling finished in March 2019 followed …

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Completion reports for March 5, 2020

Completion reports filed on March 5, 2020. BLAINE COUNTY Devon Energy Production Co Lp Miss’an Less Chester/ Mississippi Lime: Oil 1000 Gas 2288 Water 635 Flow 7 15N 10W Charma 12_1-15n-11w 5hx, June 21, 2019 HH, OIL, TD: 21574 ft Lat: 35.78388, Long: -98.31175 API: 35011241210001 KINGFISHER COUNTY Devon Energy Production Co Lp Mississippian(9707): Oil 413 Gas 1962 Water 437 Flow 16 15N 9W Harold 16_9-15n-9w …

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Permits to drill for March 5, 2020

Permits to drill issued on March 5, 2020. Creek County MABLE WILLIS #12A, December 20 2016 11 17N 7E CW2SWNE API: 03729362 Lat: 35.96854675216527, Long: -96.53774516939527 BAUGH ALLAN L SH, AM, 3200 ft, OSAGE(920), LAYTON(1400), JONES /SD/ 405JONS 1700 8 TUCKER(2840), CLEVELAND(1880), SKINNER(2370), RED FORK(2550), BARTLESVILLE(2640) Grady County DRIFTWOOD NORTH #1-34 SWD, June 28 2019 34 …

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Warren ends run for the White House

Sen. Elizabeth Warren’s campaign for the White House started with a lot of shouting and yelling, including a call to ban fracking in the U.S. But it ended Thursday with a whimper as the Democrat from Massachusetts suspended her presidential campaign. Some saw it as a bitter blow for the Senator who grew up in …

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Energy news in brief

** A new analysis of California records finds almost 1,000 deserted oil wells across the City of Los Angeles left for the state to clean up. ** The BLM says developers wanting to expand Wyoming’s Moneta Divide oilfield should “adopt and incorporate” United Nations human rights guidelines to protect vulnerable Indigenous women. ** FirstEnergy’s generation subsidiary paid nearly $2 million to a special …

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Economist makes a case for increased energy dependence on natural gas

  Environmentalists contend natural gas has a host of environmental problems even though its use grew to 37 percent of the nation’s electricity mix last year, replacing generation from coal. However, writing in the Washington Examiner, Stephen Moore, a finance and economics consultant with FreedomWorks tried to make a case for more energy dependence on …

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A Strong Year for Wind

We’ve all heard the joke about why it’s so windy in Kansas…because Nebraska “s—-” and Oklahoma “blows.” But one environmental group says Kansas, Iowa and North Dakota now generate enough wind power every year to meet more than half of their energy needs. The observation was made by the Natural Resources Defense Council which wrote that, …

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ONEOK explores possible sale of bonds for fund-raising

ONEOK’s made a filing with the Securities and Exchange Commission for a prospectus on the sale of bonds. However, many of the details of such a proposed fund-raising sale were not included in the filing, only that the company is considering the sale of notes due in 2025, 2030 and 2050. Key details such as …

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ConocoPhillips finalizes sales of assets in West Texas and Northern Colorado

  ConocoPhillips announced Thursday the completion of two transactions to sell its Niobrara and Waddell Ranch assets to undisclosed buyers. The Niobrara assets are located in the southern Denver-Julesburg Basin. Full-year 2019 production associated with the Niobrara assets was 11 thousand barrels of oil equivalent per day (MBOED) The effective date of the transaction is …

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