The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has declared a quarterly cash distribution of $1.0275 per unit for the period April 1 through June 30, 2020. The second-quarter 2020 distribution is 1% higher than the second-quarter 2019 distribution of $1.0125 per unit and consistent with the first-quarter 2020 amount. The …
Laredo Petroleum indicated in a filing with the Securities Exchange Commission it averaged less than $25 a barrel of crude oil in the three month period of April, May and June of this year. The Tulsa company filed preliminary results for its commodity derivatives, weighted-average common shares outstanding and average sales prices for the three-month …
WPX Energy in Tulsa plans to discuss its second-quarter 2020 financial and operations results during a webcast on Thursday, July 30, 2020, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. The company reported an unaudited first …
Declines in methane emissions, reportable spills and workplace injuries. They were highlighted by Williams Cos. of Tulsa as the firm announced the release of its 2019 Sustainability Report, providing a comprehensive review of the company’s performance on environmental, social and governance programs and initiatives. “At Williams we believe that running our business in a …
A long list of completed wells was filed this week with Oklahoma regulators showing new producing wells in Ellis, Grady, Canadian, Kingfisher, McIntosh, and Woods counties. Citizen Energy III LLC filed reports on 3 Canadian County wells Two sister wells were drilled at a pad located at 12 12N 9W or 8 miles west …
Can the U.S. Army Corps of Engineers be blocked from permitting oil and gas projects like the Dakota Access Pipeline? Or those in Oklahoma, Texas, Kansas and other oil and gas producing states? It might happen because of the effort by controversial New York congresswoman Alexandria Ocasio-Cortez. She has introduced an amendment for the …
OPEC leaders are being forced to reconsider the world of oil and its future because of the coronavirus crisis. Reuters reports the crisis has OPEC leaders wondering if the dramatic decline in demand for oil actually is heralding a permanent shift of the age of oil. Click here for Reuters story.
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 …
Permits to drill issued on July 27, 2020. permits: none were processed today
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 …
