Using a filing with the Securities and Exchange Commission, Laredo Petroleum announced a reduction in its workforce and the departure of its chief financial officer and senior vice president. It also announced the hiring of a Chesapeake Energy executive. The Tulsa-based firm said it had reduced its staff by 22 employees and blamed falling …
Oklahoma City’s Chaparral Energy reports completion of two wells on a single pad in Canadian County, a favorite drilling target of the company. The two Fuji 1206 wells are located at 19 12N 6W, a site located four miles east of El Reno and south of Interstate 40. Their combined production was 529 …
A week after Oklahoma State University denamed one of its buildings on the Stillwater campus because it bore the name of an early-day Governor who expressed racist and segregationist views, Oklahoma leaders aren’t commenting whether his name should be removed from a large southern state lake. The governor in question was Gov. William H. …
Part of the $1.6 billion in USDA investments to improve rural electric infrastructure in 21 states is going to Oklahoma. USDA is providing loans and loan guarantees to rural electric cooperatives and utilities through the Electric Loan Program. The recipients will use the funds to build and improve 9,138 miles of electric transmission and distribution …
Senator James Lankford (R-OK) joined Senator John Cornyn (R-TX) to introduce a bill to provide relief to America’s energy industry during the coronavirus pandemic. The SAVE Jobs Act aims to promote liquidity and flexibility for domestic energy companies so they can maintain their workforce through the pandemic’s economic downturn. Lankford and Cornyn were joined by …
An analysis of oil and gas trading shows that one of the top firms is Oklahoma’s Williams Companies—at least according to Barron’s. The weekly magazine reports Williams has done best since March 6 because it is more focused on natural gas rather than crude oil production. Williams is up 12% since then. Another energy …
Completion reports filed on June 23, 2020. CADDO COUNTY Citation Oil & Gas Corporation 4 5N 9W East Cement Unit (Petree 1a) 2-1a, June 01, 2020 SH, INJ, TD: 2452 ft Lat: 34.93555, Long: -98.14681 API: 35015364270003 CANADIAN COUNTY Chaparral Energy Llc Mississippi(9385): Oil 252 Gas 1625 Water 548 Flow 19 12N 6W Fuji 1206 3umh-19, March 28, 2020 HH, OIL, TD: …
Permits to drill issued on June 23, 2020. Grady County RUE 0606 #3-22-15WXH, July 10 2019 22 6N 6W SWSESWSW API: 05124676 Lat: 34.97199238434539, Long: -97.82689830950771 MARATHON OIL COMPANY MU, AM, 22179 ft, SYCAMORE(14310), WOODFORD(14612) Mcclain County MCCORN #0704 5HW-18X, March 04 2020 07 7N 4W SENWSESW API: 08722291 Lat: 35.090294508703316, Long: -97.663942269773 OVINTIV MID-CONTINENT INC. MU, …
As the U.S. Energy Information Administration prepares to release a forecast showing a fall of 100,000 barrels in domestic crude supplies, crude prices slipped on Tuesday. Experts believe Wednesday’s release of the forecast will also show a decline of 1.9 million barrels in gasoline stockpiles. West Texas Intermediate July futures dropped 36 cents or …
Oklahoma Corporation Commission chairman Todd Hiett says he believes he is following the spirit of the law and the oath of being a state regulator and is acting on the legal advice of a former Oklahoma Attorney General, even as he sits on the board of directors of Spirit Bank in Tulsa. An opponent …
