August 25, 2020 archive

Completion reports for August 25, 2020

Completion reports filed on August 25, 2020. KINGFISHER COUNTY Chisholm Oil & Gas Operating Llc Mississippian (less Chester): Oil 185 Gas 422 Water 573 Pump 28 18N 5W Chuck Wagon 18-05-21 2mh, July 05, 2018 HH, OIL, TD: 10409 ft Lat: 36.01407, Long: -97.74612 API: 35073259540000 MCCLAIN COUNTY Red Rocks Oil & Gas Operating Llc Viola-simpson (above Oil Creek): Oil 60 Gas 112 Water …

Continue reading »

Permits to drill for August 25, 2020

Permits to drill issued on August 25, 2020. Seminole County ODDFELLOWS #ASE#3, August 25 2020 01 8N 6E S2NWNENE API: 13325355 Lat: 35.20158422611902, Long: -96.62019844215779 WOODLAND OPERATING LLC SH, DR, 4400 ft, WEWOKA(1540), CALVIN(2220), SENORA 404SNOR 2670 8 VIOLA(4100), EARLSBORO(2900), BOOCH(3340), MISENER(3980), HUNTON(3990)

Higher oil futures didn’t help some energy companies in Tuesday’s trading

  While oil futures rose to the highest level since March in Tuesday’s trading, energy firms had a mixed bag with some seeing the value of their shares declining. Others saw gains of up to more than 7%. Devon Energy finished Tuesday’s trading 20 cents or 1.85% higher at $10.98. SandRidge Energy rose 6 cents for …

Continue reading »

Oil futures log highest finish since early March

    Oil futures finished higher Tuesday, with U.S. benchmark prices settling at their highest since early March. Traders eyed disruptions to energy output in the Gulf of Mexico as Hurricane Laura looked to reach the U.S. Gulf Coast later this week. Weekly data on U.S. petroleum supplies are also due out late Tuesday from the …

Continue reading »

Senators demand answers from EPA about creation of Obama era methane emissions rules

  While environmentalists have led legal challenges to many moves by the Trump administration’s EPA, some U.S. Senators, led by Sen. Jim Inhofe of Oklahoma, are using the same tactic in challenging Obama-era rules and regulations of methane emissions from oil and gas operations. In short, they’re turning the table on the Obama rules and …

Continue reading »

Fort Worth fracking company to file Chapter 11 bankruptcy

  Fort Worth-based FTS International, Inc., a fracking servicing firm said it plans to file chapter 11 bankruptcy protection and has reached a restructuring support agreement with its investors. The company said 64% of the secured debt claims and 75% of the holders of the firm’s senior secured notes agreed to the restructuring. FTS said …

Continue reading »

Blackstone’s sale of shares in Cheniere Energy was discussed nearly a year ago

  Eleven months after The Blackstone Group said it was interested in selling its 41% stake in Houston’s Cheniere Energy, it has made the sale. One totaling an estimated $7 billion according to reports. In September 2019, as OK Energy Today reported,  the private equity firm had 202 million shares in Cheniere, the company with …

Continue reading »

Amtrak trims service of Southwest Chief

  American Airlines isn’t the only passenger transportation industry hit hard by COVID-19. So is Amtrak, a company reducing its Southwest Chief rail service across Kansas. It appears that in 2020, COVID-19 has done what no other threat could do in the nearly 50 years of operation of the Southwest Chief — reduce the frequency …

Continue reading »

Tulsa impact of 19,000 lost jobs at American Airlines still up in the air

  The extent of the impact at the airlines maintenance center in Tulsa isn’t known at this time, but American Airlines plans to eliminate 19,000 jobs in October because of the sharp downturn in travel as a result of the COVID-19 pandemic. Flight attendants will bear the heaviest cuts, with 8,100 losing their jobs reported …

Continue reading »

Half Million Acres including some in Oklahoma on Oil Auction Block as Greens Fear Land Rush

The Interior Department plans to resume its auction of oil and gas drilling rights, the first since March, of more than 500,000 acres of federal land, including some in northwest Oklahoma. The sales will begin Aug. 26 and continue over the next six weeks reported Bloomberg Law. Environmental groups are calling the lease upcoming lease …

Continue reading »