May 23, 2020 archive

Hertz files bankruptcy

After laying off at least 400 workers at its Oklahoma City operations in April, Hertz has gone to bankruptcy court. Hertz Global Holdings Inc. filed for bankruptcy in Delaware on Friday after travel restrictions and the global economic collapsed caused by the coronavirus pandemic crushed demand for the company’s rental cars.   The Chapter 11 …

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Energy news in brief

** Emails show the Bureau of Land Management may have violated its own rules in extending royalty breaks to oil companies and continuing lease sales during the economic downturn. ** Ohio regulators rule that an offshore wind project in Lake Erie can move forward under a condition that turbines not run at night for eight months a year, which the developer …

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Senators want GAO to probe KC 46 tanker delays at Altus and elsewhere

Oklahoma U.S. Sen. James Lankford joined Democrat Sens. Maggie Hassan of New Hampshire and Jeanne Shaheen of New Hampshire in calling for the government to investigate ongoing delays of the KC 46 aircraft. The new refueling tanker is based in Wichita, Kansas but some are also based at Altus Air Force Base in Oklahoma. Lankford …

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Pandemic slows protesters opposed to Keystone XL pipeline

 Protesters opposing the Trans Mountain pipeline expansion in Canada say they’ve canceled demonstrations and events due to Covid-19, and have increasingly depended on phone blitzes and social media campaigns. But with work on big pipeline projects deemed essential, construction has continued through the pandemic, leaving activists to think about what on-the-ground actions they can take …

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Millions in water grants and loans okayed by Water Resources Board

Oklahoma City has received a $4.6 million loan from the Oklahoma Water Resources Board to do repairs and improvements to prevent pollution of Lake Overholser and Lake Stanley Draper. The loan was approved at a recent meeting of the Water Resources Board, its second-ever virtual meeting due to the coronavirus pandemic. The loan to Oklahoma …

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Handful of completed wells reported in Oklahoma

Of the few recently completion reports filed with the Oklahoma Corporation Commission two were sister wells producing more than 1,100 barrels of oil a day out of a single pad site in Dewey County. The wells were actually drilled in 2018 and finished in 2019 by Tapstone Energy LLC which just filed the completion reports …

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Tulsa’s Unit Corporation files Chapter 11 bankruptcy

Tulsa’s Unit Corporation became the latest bankruptcy victim of the coronavirus pandemic and the oil crisis, as the company announced it has filed Chapter 11 bankruptcy in the federal bankruptcy court in Houston, Texas, citing debts of more than $1 billion. The company stated it filed the Chapter 11 reorganization, a move that will reduce …

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Rig count drops even more in US but stays same in Oklahoma

  While the nation’s number of active oil and gas rigs fell by 21 in the past week to only 318, Oklahoma’s count stayed unchanged at an even 12 rigs. Baker Hughes Co. reported the U.S. lost 21 oil rigs in the past week as the count tumbled to 237 while the number of gas …

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Completion reports for May 22, 2020

Completion reports filed on May 22, 2020. BEAVER COUNTY Snyder Partners Marmaton(5770): Oil 25 Gas 335 Pump Toronto(4642): Gas 248 Water 22 Flow 31 4N 24E Mcgrew 2, January 24, 2020 SH, GAS, TD: 5891 ft Lat: 36.77395, Long: -100.51613 API: 35007222750001 CARTER COUNTY Mack Energy Co Deese(2816): Oil 40 Gas 20 Water 121 Pump 7 2S 2W Sw Wildcat Jim Deese Unit 15-4, March 13, 2020 SH, …

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Permits to drill for May 22, 2020

Permits to drill for May 22, 2020. Bryan County LABOR #1-1ER, May 20 2020 12 6S 7E NWNWSENE API: 01320171 Lat: 34.0517123502047, Long: -96.52111801569858 GULF EXPLORATION LLC DH, AM, 9600 ft, MISSISSIPPIAN(4200), WOODFORD(4800), HUNTON 269HNTN 5050 8 OIL CREEK(7750), VIOLA(5650), BROMIDE(6250), TULIP CREEK(6610), MCLISH(7300) Bryan County LABOR #1-1ER, May 20 2020 12 6S 7E NWNWSENE API: 01320171 …

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