After weeks of speculation, Oklahoma City-based Chesapeake Energy Corporation on Sunday announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas—a move that came after billions in debt and layoffs in the past year. In the announcement, Chesapeake, laden with $7 billion in …
2020 archive
Investor buys former Halliburton command center at El Reno
Halliburton is a step closer to bringing a total end to its connections to El Reno, Oklahoma where the company closed its Remote Operations Command Center in December 2019. The company recently sold the 86-acre site where it had 32,252 square feet of office space and a 93,500 square foot maintenance shop. CBRE …
Completion reports for June 26, 2020
Completion reports filed on June 26, 2020. CANADIAN COUNTY Cimarex Energy Co Mississippian(10298): Oil 644 Gas 12023 Water 2059 Flow 16 14N 10W Crowder Bia 1h-1621x, March 03, 2019 HH, GAS, TD: 21667 ft Lat: 35.69582, Long: -98.26247 API: 35017252470000 Red Bluff Resources Operating Llc Mississippian(7910): Oil 49 Gas 100 Water 2144 Pump Mississippian(7910): Oil 100 Gas 1322 Water 2350 Pump 9 13N 5W Waterloo 1305 1-9mh, June 21, 2019 …
Permits to drill for June 26, 2020
Permits to drill issued for June 26, 2020. Cimarron County IRON JACKET #1-4, August 02 2019 04 5N 4E SENENESW API: 02521079 Lat: 36.9273161788516, Long: -102.63222622988486 GRAND MESA OPERATING COMPANY SH, AM, 5300 ft, PERMIAN(1700), LANSING(3400), MARMATON(4000), ATOKA(4400), MISSISSIPPIAN(5300) Custer County GINGER #1-11, June 26 2020 11 14N 18W CSWNENE API: 03922224 Lat: 35.7082322257635, Long: -99.07871898047601 DUNCAN …
Crude prices just can’t overcome impact of COVID-19
The growing spread of the COVID_19 pandemic appears to have caused crude oil prices to drop about 3% for the week with West Texas Intermediate crude finishing down 23 cents on Friday at $38.49 a barrel. The .59% drop on the New York Mercantile Exchange on Friday only added to the declines earlier in …
PSO inks agreement with US Army at Fort Sill
Public Service Company of Oklahoma , a unit of American Electric Power has signed a 30 year lease with the U.S. Army for siting of an energy resilience project at Fort Sill, Oklahoma. The proposed project is the result of collaboration between the Army and PSO. Benefits of the project’s design include the addition …
Rig activity in US is still dismal while Oklahoma sees slight growth
The nation’s oil and gas rig count slipped only one to 265 rigs in the past week while Oklahoma rebounded by one to reach 10 active rigs. It means more and more oil and gas rigs have been put into storage while exploration and production companies wait for prices to rebound higher. Baker Hughes …
Oklahoma State Fair becomes a victim of COVID-19 pandemic
September won’t be the usual time for the Oklahoma State Fair to be held in Oklahoma City because officials of the historic event have canceled the fair due to the COVID-19 health crisis. In making the announcement on Friday, Timothy O’Toole, President and CEO of Oklahoma State Fair, Inc. explained, “The safety and …
Large layoffs announced at Hitch pork plant in Guymon and Skirvin Hilton in OKC
Two large layoffs were announced Friday in Oklahoma including 150 workers at the Hitch Pork Processing plant in Guymon and 80 employees of the historic Skirvin Hilton hotel in downtown Oklahoma City. In a notification to County Commissioners in Guymon and the Oklahoma Office of Workforce Development, Hitch Enterprises said it would close its …
Chinese company’s south Texas wind farm raises security questions
The wind farm proposed near the largest pilot training base in Texas is being built by a Chinese-owned company, GH America Energy. And the Trump administration has no plans to block it. Foreign Policy reports some lawmakers, including Republican U.S. Sen. Ted Cruz of Texas is skeptical of the massive project near Laughlin Air Force …








