Completion reports filed on May 4, 2020. ALFALFA COUNTY Bce-mach Llc Mississippian(5718): Oil 96 Gas 1141 Water 825 Gaslift 4 25N 11W Mccrady 4-25-11 2h, November 20, 2019 HH, OIL, TD: 10620 ft Lat: 36.66732, Long: -98.39484 API: 35003233830001 Bce-mach Llc Mississippian(5836): Oil 145 Gas 763 Water 2925 Gaslift 7 25N 10W Wessels 18-25-10 1h, December 04, 2019 HH, OIL, TD: 11111 ft Lat: 36.65274, Long: …
May 4, 2020 archive
Permits to drill for May 4, 2020
Permits to drill issued on May 4, 2020. permits: none were processed today
State loses another manufacturing plant—101 out of work in Catoosa
The coronavirus pandemic has resulted in the shutdown of the Umicore Autocat USA plant in Catoosa, putting 101 employees out of work as of Monday. The company notified Oklahoma’s Office of Workforce Development stated that all manufacturing operations, research and development operations and the majority of support operations ended as of Monday. “Umicore manufactures …
Texas regulator says attempt to order reduced oil production is DOA
While Oklahoma Corporation Commissioners still intend to hold a May 11 hearing on a request to order a reduction in the state’s oil production, a similar move in Texas is apparently dead. Bloomberg reports a lame-duck Texas regulator who had proposed mandating oil production cuts is now calling those efforts “dead” a day before the state …
Senator gets tough with banks for refusing loans to oil and gas
An Alaska U.S. Senator who supports Oklahoma Sen. Jim Inhofe’s call for a Commerce Department investigation of Saudi Arabia and its sending of oil to the U.S. is now targeting banks who won’t make loans to oil and gas companies. Sen. Dan Sullivan, a Republican from Alaska told POLITICO that Republicans plan to send …
Judge sweeps aside hundreds of Montana oil and gas leases
A federal judge on Friday canceled nearly 300 oil and gas leases in Montana because government officials failed to properly study the risks of all that drilling to the environment and water supply. The U.S. Bureau of Land Management sold 287 leases covering approximately 227 square miles (587.93 square kilometers) of public land …
Keystone could be delayed by year
Canadian pipeline developer TC Energy said Friday the Keystone XL pipeline would face significant new delays because of a Montana district court ruling last month that invalidated a critical nationwide water permit for its construction. “The long-term potential delay with any of these very omnibus-type filings or motions to vacate a permit that broad could have up …
Study shows Americas traffic has disappeared—everywhere
A new nationwide study on how the coronavirus combined with the oil crisis has affected the nation’s travel shows a decline everywhere. Even in Oklahoma. The Brookings Institute reported every metro area in the country experienced a traffic decline of at least 53% since the beginning of March. Of cities in Oklahoma, Stillwater had the …
Energy news in brief
** Oklahoma City’s Mammoth Energy Services, Inc.announced that it intends to release financial results for the first quarter of 2020 after the market close on May 7, 2020. A conference call to discuss the results has been scheduled for Thursday, May 7, 2020 at 4 p.m. central time. ** Blueknight Energy Partners, L.P.plans to release first quarter 2020 financial …
Crisis management webinar offered by OU
In response to the unprecedented downturn in oil prices and the impact of the coronavirus pandemic on many industries, the Ronnie K. Irani Center for Energy Solutions at the Mewbourne College of Earth and Energy at the University of Oklahoma will offer a complimentary crisis management webinar to the public. From 11 a.m. to 12:30 …
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