Refinery operator HollyFrontier Corporation and its Holly Energy Partners, L.P. plan to release third quarter financial results on September 30. The release will be made Wednesday before the opening of trading on the New York Stock Exchange. But it won’t be until Nov. 5, 2020 when company executives at HollyFrontier will hold a webcast …
September 2020 archive
Blackstone finalizes exit from Cheniere Energy
Blackstone’s finalized the sale of its 42% stake in Cheniere Energy Partners. The company announced that its Blackstone Energy Partner closed the nearly $7 billion deal. The funds were also managed by Blackstone Infrastructure Partners. Blackstone spent 8 years with investments in Cheniere including $1.5 billion to help the company build the first two …
Texas electric cooperative achieves first energy accomplishment
A Texas electric cooperative becomes the first in the state to install a utility-scale battery storage system at a substation. Pedernales Electric Cooperative recently energized a new battery storage system adjacent to its Johnson City substation, making it the first cooperative in Texas to utilize battery storage. The Corridor News reported the installation consists of three …
Only slight interest in new drilling in Oklahoma
Who’s drilling and where in Oklahoma. Some of the latest drilling permits issued by the Corporation Commission show Mack Energy Company based in Duncan plans to drill the SW Wildcat Jim Deese Unit #17-1 well in Carter County at 12 2S 3W. The site is several miles southeast of Ratliff City. A permit to drill …
Completion reports for September 24, 2020
Completion reports filed on September 24, 2020. GARFIELD COUNTY White Star Petroleum Llc Mississippian Lime(5857): Oil 150 Gas 136 Water 3334 25 23N 5W Blackburn 36-23n-5w 2mh, April 17, 2019 HH, OIL, TD: 10954 ft Lat: 36.43426, Long: -97.68761 API: 35047251860000 MCCLAIN COUNTY Warwick-bacchus Llc Woodford(9880): Oil 15 Gas 53 Water 1457 Pump 7 6N 3W Sixkiller 7-6-0603 1wxh, March 13, 2020 HH, OIL, TD: …
Permits to drill for September 24, 2020
Permits to drill for September 24, 2020. Carter County SW WILDCAT JIM DEESE UNIT #17-1, September 24 2020 12 2S 3W CNWNESE API: 01904832 Lat: 34.39704305555692, Long: -97.46072320783938 MACK ENERGY CO SH, RE, 5400 ft, DEESE(5400) Dewey County CAYMAN #19-14-16 1H, September 24 2020 16 19N 14W SWSWSWSW API: 04323665 Lat: 36.11661792952187, Long: -98.70724428637712 STAGHORN PETROLEUM II …
Wall Street is still a struggle for Oklahoma energy companies
Energy companies struggled again during Thursday’s trading with a majority seeing a slight dip in their stocks. A few Oklahoma companies saw their shares jump in trading but otherwise it proved to be a continued up-and-down day for energy investors. Alliance Resource Partners fell more than 2% after dropping 6 cents to $2.86. Blueknight Energy …
Signs of tighter supplies send oil prices higher
Oil futures finished higher on Thursday, supported by signs of tighter U.S. crude supplies, despite persistent concerns that rising cases of COVID-19 will lead to weaker energy demand. MarketWatch reported the commodity tallied a third climb in a row, but the gains have been modest and prices still remain lower for the week. “Oil …
Girl killed in OKC home explosion
News 9 TV reported that the Oklahoma State Liquified Petroleum Gas Administration has determined what caused a massive home explosion Thursday morning that left a teenage girl dead in northeast Oklahoma City. The agency said the explosion was likely caused by an illegal log lighter in the fireplace. It did not have a 100% …
Democrats join attack on Army Corps over Dakota Access pipeline
Massachusetts Attorney General Maura Healey led a coalition of 18 states, territories and counties in filing an amicus brief on Wednesday to affirm a lower court’s ruling that the Army Corps of Engineers did not properly assess the potential impact of an oil spill from the Dakota Access pipeline. The filing in the U.S. Court of …