Permits to drill issued on August 12, 2020. Alfalfa County KISLING A #1-32, August 12 2020 32 29N 12W CSE API: 00323397 Lat: 36.9458031344079, Long: -98.51337274155459 TRANS PACIFIC OIL CORPORATION SH, DR, 5600 ft, WOODFORD(5295), MISENER(5320) Alfalfa County KISLING A SWDW #2-32, August 11 2020 32 29N 12W E2E2W2SE API: 00323396 Lat: 36.94580312437061, Long: -98.51362938027887 TRANS PACIFIC …
August 2020 archive
Colorado wildfire grows to more than 50,000 acres
The Pine Gulch Fire has surpassed 50,000 acres, making it the 7th largest fire in Colorado’s recorded history. According to a Wednesday morning update, the Pine Gulch Fire is now 51,455 acres and remains at 7 percent containment. Red flag conditions contributed to a very active day of growth on Tuesday according to Out …
While crude stocks slip, oil futures shoot up to five-month high
As the government reported oil stocks edging up more than 1 million barrels at the Cushing, Oklahoma storage hub but falling nationally, oil futures rose Wednesday to a five-month high. It was the third week in a row that domestic crude supplies dropped. West Texas Intermediate crude for September delivery gained $1.06 or nearly …
Mammoth Energy gets new board member
A new member has been named to the board of directors at Oklahoma City’s Mammoth Energy Services, Inc. Dr. Corey Booker, the founder and CEO at OnPulse, LLC, a healthcare management services company was named as an independent director. He was also named to the board’s audit committee. Dr. Booker, 44 also practiced medicine as …
BNSF says city of Moore has no legal standing in crossing fight
An administrative law judge at the Oklahoma Corporation Commission has taken under advisement arguments in the legal fight between Burlington Northern Santa Fe railway and the city of Moore which wants to force the railway to pay the entire cost of constructing an underpass at a heavily trafficked crossing. Judge Keith Thomas heard two …
Ascent Resources posts $291 million net loss for 2Q
Natural gas producer Ascent Resources Utica Holdings, LLC in Oklahoma City reported a second quarter net loss of $291 million and an adjusted net loss of $23 million as the COVID-19 pandemic continues to harm the country’s energy industry. The company said the loss compared to $356 million in net income and $64 million in …
Austin gets a second major economic boost following Tesla’s decision
Just a few weeks after the city of Austin, Texas was chosen to be the site of Tesla’s $1.1 billion truck plant rather than Tulsa, Oklahoma, the city got a major expansion of a new $150 million campus for aerospace and defense technology giant BAE Systems. It will add 700 jobs over the next …
Apex Energy sells a SW Texas wind project
The sale price wasn’t disclosed but Apex Clean Energy has announced the sale of one of its Texas wind farms to an unnamed buyer. The project in question is the White Mesa Wind farm located in Crockett County, Texas which is located southwest of San Angelo, Texas. White Mesa is still under construction and …
COVID-19’s impact reaches out
While the COVID-19 pandemic has resulted in thousands of energy jobs lost over the past six months, others are feeling the economic impact. Employees of Stein Mart clothing stores might soon lose their jobs because the company has filed for Chapter 11 bankrtupcy. The Oklahoma Office of Workforce Development said the company is planning …
Electric trash trucks could be in OKC in a few years
Some of those Republic Services trash trucks in central Oklahoma might soon be electric trucks made by the Nikola Corporation. Republic Services, considered to be a solid waste industry leader has agreed to buy 2,500 electric collection vehicles from Nikola. The deal depends on “pending performance” and includes a potential for up to 5,000 …
