September 2020 archive

Water Board to update public about protecting the Illinois River in Oklahoma

  The Oklahoma Water Resources Board will hold a public webinar this week to update the state on ongoing efforts to protect the Illinois River Watershed from phosphorous pollution. The OWRB’s Water Quality Standards staff will inform stakeholders and others about the revision of what is known as the “total phosphorous criterion” for the protection …

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Most energy companies saw losses in Friday’s trading of shares

  Just as oil futures seem to be mired in the low $40s, so are stocks in Oklahoma energy companies as reflected by Friday’s trading. More firms reported a loss as Wall Street closed for the weekend. Alliance Resource Partners dropped 4 cents for a 1.24% decline to $3.18. Blueknight Energy Partners gained only one …

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Chesapeake Energy gets funding from 14 banks

  While Chesapeake Energy wades through its Chapter 11 bankruptcy, the Oklahoma City company has made a new credit agreement with at least 14 lending institutions. The filing of a Form 8-K with the Securities Exchange Commission showed Chesapeake Energy signed a “Senior Secured Super-priority debtor-in-possession credit agreement” on Sept. 15, 2020. “The Amendment, among …

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Oil futures log biggest weekly gain since June

  Oil futures split paths for the session on Friday, with U.S. prices up modestly and global prices slightly lower but both benchmarks logging their biggest weekly gain since June after major oil producers pledged their full commitment to output cuts. West Texas Intermediate crude for October delivery tacked on 14 cents, or 0.3%, to settle …

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Rig count is unchanged in Oklahoma while nationally it grew by one

  The number of oil and gas drilling rigs in the U.S. continues to be anemic with an increase of one to 255 in the past week while in Oklahoma, the count was unchanged at 12 active rigs. Figures provided by the Baker Hughes Co. showed the national count included a decline of one oil …

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COVID-19 keeps regulators’ headquarters closed to the public

  While Oklahoma Corporation Commissioners debate whether to continue their order closing the agency’s headquarters building to the public due to the COVID-19 pandemic, numbers show at least seven employees have tested positive to the coronavirus since its outbreak. As brought out in last week’s meeting of the commission, at least two weigh stations were …

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ConocoPhillips to report 3Q earnings Oct. 29

  We will learn in late October how ConocoPhillips fared in the ongoing third-quarter as the company announced it will release its financial and operating results on Oct. 29. The company suffered a $1 billion second quarter loss as the COVID-19 pandemic hit the energy industry worldwide. Company management will hold a conference call webcast …

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Completion reports for September 18, 2020

Completion reports filed on September 18, 2020. MCINTOSH COUNTY Calyx Energy Iii Llc Woodford(5296): Gas 8169 Water 3183 Flow 8 8N 13E Tesla 3-17-20wh, June 15, 2020 HH, GAS, TD: 15632 ft Lat: 35.17643, Long: -95.95583 API: 35091218290000

Permits to drill for September 18, 2020

Permits to drill issued for September 18, 2020. Hughes County RAPUNZEL #3-15-22WH, September 18 2020 10 8N 12E SESWSWSE API: 06324923 Lat: 35.174825179101894, Long: -96.02635211686443 CALYX ENERGY III LLC MU, DR, 15350 ft, MAYES(4670), WOODFORD(4770), HUNTON(4820), SYLVAN(4820) Hughes County RAPUNZEL #1-15-22WH, September 18 2020 10 8N 12E SESWSWSE API: 06324921 Lat: 35.1748251853822, Long: -96.02625173637973 CALYX ENERGY III …

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Completion reports for September 17, 2020

Completion reports filed on September 17, 2020. CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian(7381): Oil 796 Gas 1455 Water 2822 Pump 4 13N 5W Lillian 1405 3-33mh, August 19, 2019 HH, OIL, TD: 12843 ft Lat: 35.63598, Long: -97.73709 API: 35017254360001 LINCOLN COUNTY Southstar Exploration Llc 30 14N 6E Brown’s Lake (Brown’s Lake 1-31) 1-30, August 26, 2020 SH, DRY, TD: …

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