Completion reports filed on July 27, 2020. CADDO COUNTY Territory Resources Llc Springer(10713): 26 6N 10W Trogden 2-26, November 25, 2019 DH, DRY, TD: 14200 ft Lat: 34.95705, Long: -98.22687 API: 35015230520003 Territory Resources Llc Springer(10880): Oil 20 Gas 6456 Water 2 Flow 36 6N 10W Colonel 2-36, May 09, 2020 DH, GAS, TD: 13950 ft Lat: 34.95136, Long: -98.21131 API: 35015230400002 CANADIAN …
July 27, 2020 archive
Permits to drill for July 27, 2020
Permits to drill issued on July 27, 2020. permits: none were processed today
Oil futures finish higher
Crude oil futures finished higher in Monday’s trading in the US and overseas as analysts say the prices were propped up by a drop in the U.S. dollar. September West Texas Intermediate oil rose 31 cents, or nearly 0.8%, to settle at $41.60 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude …
ONE Gas reports increased net income along with COVID-19 response expenses
Tulsa’s ONE Gas, Inc. announced its second quarter 2020 financial results on Monday showing a slight increase in net income but also a slight drop in year to year income, an increase in operating costs as well as bad debt expense and more money spent on the company’s response to the COVID-19 pandemic. ONE …
Tesla sues Rivian for theft of trade secrets
While Tesla founder Elon Musk was busy last week picking Austin, Texas and not Tulsa, Oklahoma as the site of his new truck plant, his lawyers were busy suing competitor Rivian for alleged theft of trade secrets. Tesla contends about 70 of its employees have left Tesla for Rivian—22 in the last four months …
Oil and gas, highways, drones and eminent domain to be studied by Oklahoma legislators
From transportation to oil and gas and unmanned aerial vehicles, they will be examined in Oklahoma legislative interim studies this year. The State House of Representatives okayed a study of transportation funding in the changing virtual environment and funding for schools. Rep. Sheila Dills asked for the study which was approved by House leadership. …
Jobless rate declines in Arkansas
While unemployment in Oklahoma fell from 13% in May to 6.6% in June, Arkansas reported a decline from 9.6% in May to 8% in June. Both states had unemployment rates below the national rate of 11.1%. Nonfarm payroll employment in Arkansas rose by 23,700 in June, an increase of 2%, while the national total …
Colorado’s Oil And Gas Industry Pulls 2020 Ballot Initiatives After Deal With Gov. Polis
Colorado’s oil and gas groups have dropped plans for ballot initiatives this year after reaching a deal with Gov. Jared Polis after he urged legislative leaders to back off more restrictive regulations on the industry. Colorado Public Radio, in a recent report indicated the oil and gas wars are over — for now. In an op-ed …
French company plans 3 solar farms in NW New Mexico
The Four Corners region of northwest New Mexico could soon be home to three solar farms proposed by Photosol US, a subsidiary of a French company. Photosol hopes to replace electrical power lost if and when the San Juan Generating Station is closed near Aztec in 2022 along with the Four Corners Power Plant …
NextEra Energy proposing new solar farm in New Mexico
NextEra Energy Resources, the company with major wind farm operations in Oklahoma is hoping to build a large new solar farm in southern New Mexico near Alamogordo. The proposed solar farm would be located in Otero County on New Mexico State Trust land near Chapparal, if NextEra gets approval for the project according to …
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