October 2020 archive

Enable Midstream Announces Third Quarter 2020 Financial Results Release Date and Conference Call Information

  Oklahoma City’s Enable Midstream Partners, LP will release third quarter 2020 financial results before market hours Wednesday, Nov. 4, and will host a conference call at 10 a.m. EST (9 a.m. CST) that day to discuss the results. Investors are anxious to see if there was any improvement in earnings after the COVID-19 pandemic …

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Kraken Oil and Gas Partners deploys Digital Flare Mitigation Systems at Four Sites in Montana and North Dakota

  Montana’s largest Bakken oil producer, Kraken Oil & Gas of Houston has engaged Denver-based Crusoe Energy Systems Inc.  to deploy 18 Digital Flare Mitigation modules between three oil and gas production sites in eastern Montana and one site in North Dakota. Crusoe’s deployments with Kraken are the first of their kind in Montana, The projects …

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Plains All American Pipeline and Plains GP Holdings Announce Distributions

  Plains All American Pipeline, L.P.  and Plains GP Holdings announced their quarterly distributions with respect to the third quarter of 2020. PAA announced a quarterly cash distribution of $0.18 per common unit ($0.72 per unit on an annualized basis), which is unchanged from the distribution paid in August 2020. PAGP announced a corresponding quarterly …

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Good News For Diesel Consumers, Tough News For Oil Patch Drivers In Federal Report

  The Short Term Energy Outlook from the Department of Energy had good news for truckers in general and disappointing news for those companies and drivers that have seen demand for their services in the oil patch fall with the slide in the price of oil. In short, diesel prices will remain where they are …

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Elon Musk said Starlink now has enough satellites in orbit to launch a public beta of its high-speed internet service

  Elon Musk’s goal of beaming high-speed internet to remote parts of the Earth using orbiting satellites just got a step closer to reality. And if you’re lucky, on a good clear early morning, you might be able to see his results orbiting over Oklahoma. SpaceX on Tuesday successfully launched a batch of 60 satellites, …

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FERC Complaint Lodged Against CenterPoint Over Secret Hedge Fund Involvement

Houston-based CenterPoint Energy is the target of a recent Federal Power Act complaint filed by two consumer adversary groups with the Federal Energy Regulatory Commission. Public Citizen and Citizens Action Coalition of Indiana allege CenterPoint Energy failed to disclose its financial affiliation with New York-based hedge fund, Elliott Management Corp., led by billionaire Paul Elliott …

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Completion reports for October 7, 2020

Completion reports filed on October 7, 2020. GARFIELD COUNTY White Star Petroleum Llc 25 23N 5W Abbey 25-23n-5w 1swd, January 18, 2019 SH, DISP, TD: 6757 ft Lat: 36.43443, Long: -97.67913 API: 35047251770000 GRADY COUNTY Continental Resources Inc Mississippian(11480): Oil 229 Gas 2592 Water 278 Flow 9 9N 7W Lensgraf 1-9-4xhm, April 16, 2019 HH, OIL, TD: 22071 ft Lat: 35.26253, Long: …

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Permits to drill for October 7, 2020

Permits to drill issued on October 7, 2020. Garvin County SHAWSHEE #1-9, October 07 2020 09 4N 3W CSWSESW API: 04924041 Lat: 34.82721645102062, Long: -97.52264967288504 RUFFEL LANCE OIL & GAS LLC DH, RC, 10140 ft, GIBSON(7050), HART(7096)

Energy firms held their ground in Wednesday’s trading

While crude oil futures took a hit in Wednesday’s trading, Oklahoma related energy companies managed to continue their gains. Alliance Resources dropped 7 cents for a 2.47% decline to $2.76. Blueknight Energy Partners closed down a dime or 1.70% to $5.78. Chesapeake Energy 10 cents for a 2.50% slide to $3.90 a share. Cypress Environmental Partners …

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Why oil got left behind as stocks soar on revived stimulus hopes

  Stocks soared Wednesday, with the Dow up more than 500 points in afternoon trade Wednesday but oil futures didn’t follow suit. Analysts said the equity rally wasn’t necessarily all about rising prospects for targeted fiscal stimulus in the near term, but might reflect the idea that a more sweeping package would be in store once …

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