Completion reports filed on April 28, 2020. CANADIAN COUNTY Citizen Energy Iii Llc Mississippian(9798): Oil 360 Gas 3492 Water 968 Flow 5 10N 6W Northern Dancer 8-17-10-6 3mxh, January 09, 2020 HH, OIL, TD: 20464 ft Lat: 35.36400, Long: -97.85823 API: 35017254180000 Citizen Energy Iii Llc Mississippian(9963): Oil 401 Gas 1285 Water 521 Flow 5 10N 6W Northern Dancer 8-17-10-6 1mxh, January 09, 2020 HH, OIL, …
April 28, 2020 archive
Permits to drill for April 28, 2020
Permits to drill issued on April 28, 2020. Canadian County SUSAN #1-10, April 28 2020 10 14N 6W N2SWSWSW API: 01722865 Lat: 35.69820245764271, Long: -97.8328841457096 SOUTHERN RESOURCES INC SH, RC, 8430 ft, OSWEGO(7348) Harper County BRAWNER #2-13, March 30 2020 13 27N 22W CSWNESW API: 05921418 Lat: 36.816774140770264, Long: -99.52462443916836 MARJO OPERATING MID-CONTINENT LLC SH, RE, 5500 …
Oil drops closer to $12 a barrel
After a 25% tumble in prices on Monday, oil prices in the U.S. shot up on news of a bomb explosion on an oil tanker in Syria, only to slip back nearly 3.5% for the day, settling at $12.34 a barrel for West Texas Intermediate crude. It had been trading as low as $10.07 …
First quarter loss of $142 million reported by ONEOK
A first quarter loss of nearly $142 million was reported Tuesday by ONEOK which amounted to a net loss of 34 cents a diluted share. It also had noncash impairment charges of $641.8 million or $1.17 per diluted share in the announcement made from Tulsa. The company also reported a 10% increase in adjusted …
NGL Energy Partners takes steps to survive pandemic
NGL Energy Partners LP in Tulsa says it not only is exploring the sale of some of its assets and reducing dividends by $100 million a year, but adjusting the remainder of its 2020 financial guidance. The company announced this week it was re-confirming its Fiscal Year 2020 Guidance for adjusted earnings and expects them …
Cattle growers sue over new water rules
The New Mexico Cattle Growers’ Association, a conservative property rights group, filed a legal challenge to the Trump administration’s newly finalized Navigable Waters Protection Rule, arguing it defines federal power too broadly even though it significantly limits the reach of the Clean Water Act. The lawsuit was brought by the Pacific Legal Foundation, which …
Energy news in brief
** Chaparral Energy, Inc. (NYSE: CHAP) announced it will issue its first quarter 2020 financial and operational results with the filing of its Form 10-Q report on Monday, May 11. The company will also host a conference call to discuss its results on Tuesday, May 12 at 9 a.m. Central. ** Several candidates running to serve on …
Large commercial solar project goes online in SW Kansas
A $37 million solar project has gone online in far southwest Kansas providing electrical power for Sunflower Electric Power Corp. Located on more than 140 acres south of the town of Johnson City in Stanton County, the Johnson Corner Solar project was financed and constructed by Lightsource BP. Lightsource BP, a company …
NOV reports losses but finds revenue in helping wind industry
Buried deep in this week’s financial earnings report for the first quarter 2020 by National Oilwell Varco, a Houston firm that operates in Oklahoma, is a note how the oil and gas firm is helping the wind industry. Close to the bottom of its quarterly report, NOV explained it recently was awarded contracts from a …
Pandemic and warmer weather lead to lower ONEGAS 1Q revenue
ONE Gas, Inc. reported a drop in its first quarter 2020 net income which totaled nearly $92 million compared to about $94 million a year ago, some blamed on warmer weather and some blamed on the coronavirus pandemic. The Tulsa company said the first quarter 2020 net income translated to $1.72 per share, down four …
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