The Arkansas Department of Commerce said Friday that all companies, including electric cooperatives and their subsidiaries, capable of deploying broadband to rural Arkansas are now eligible to apply for an Arkansas Rural Connect (ARC) grant. The Arkansas Legislative Council executive subcommittee approved the change outlined in a supplemental emergency ARC rule this week. The …
Tulsa’s Unit Corporation has emerged from Chapter 11 bankruptcy protection. This marks the successful completion of the Company’s financial restructuring process along with implementing the Company’s Plan of Reorganization, which was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division on August 6, 2020. The reorganization also included the …
Baker Hughes announced that the Baker Hughes international rig count for August 2020 was 747 up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August 2019. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and …
From the eastern side of the Oklahoma City metro to the west, drivers will encounter some construction projects this week resulting in narrow highways and slowed traffic. The State Department of Transportation has started replacement project on Interstate 40 and Interstate 44…three projects total. Two projects are on Interstate 40 in Del City and …
A new filing with the Securities Exchange Commission shows Mammoth Energy Services Inc. board member Arthur L. Smith made a recent acquisition of 20,000 shares in the Oklahoma City-based company. The filing revealed his Sept. 4, 2020 acquisition was at a per-share value of $1.29 and left Smith with total ownership of 129,685 shares …
The numbers are still dismal and representative of what the COVID-19 pandemic has done to the oil and gas industry, but Oklahoma’s rig count held steady at 11 in the past week. Nationally, the count of active oil and gas rigs grew by two to reach 256. Oklahoma’s count of 11 compared to 75 …
Completion reports filed on September 4, 2020. DEWEY COUNTY Tapstone Energy Llc Mississippian (less Up Chester): Oil 205 Gas 2310 Water 2147 Flow 33 20N 17W Fred 4-19-17 2h, January 12, 2019 HH, OIL, TD: 15516 ft Lat: 36.15947, Long: -99.02420 API: 35043236690000 MCCLAIN COUNTY Warwick-bacchus Llc Woodford(9691): Oil 187 Gas 138 Water 1124 Pump 31 7N 3W Calvert 0603-6-7 1whx, March 15, 2020 HH, OIL, …
Permits to drill issued on September 4, 2020. Grady County BRIDGE CREEK #1H-14, September 04 2020 14 9N 5W SENENENW API: 05124797 Lat: 35.25581300405006, Long: -97.69814724115552 CITIZEN ENERGY III LLC HH, DR, 14805 ft, MISSISSIPPIAN(9500) Grady County BRIDGE CREEK #1H-11-2, September 04 2020 14 9N 5W SENENENW API: 05124798 Lat: 35.26057781316187, Long: -97.69824725384683 CITIZEN ENERGY III LLC …
Energy stocks on Friday followed the parallel path of a down day on Wall Street with only a few exceptions to a loss in trading. Alliance Resource Partners dropped 5 cents or 1.59% to $3.10. Blueknight Energy Partners had a nearly 3 cent or 1.84% gain to $1.52. Chesapeake Energy saw a 2.36% or …
While the Dow skidded 600 points on Friday, oil futures closed below $40 a barrel for the first time since early July. The drop contributed to a loss for the week amid concerns over prospects for demand, losses in the stock market and strength in the U.S. dollar pushing prices to their lowest in …
