The board of directors of ONEOK, Inc. on Wednesday increased ONEOK’s quarterly dividend 2 cents per share to 93.5 cents per share. This increase results in an annualized dividend of $3.74 per share. The dividend is payable Feb. 14, 2020, to shareholders of record at the close of business Jan. 27, 2020. ONEOK, Inc. is a leading midstream service provider …
In a report this week, the International Energy Agency said the surging oil production from the U.S. and other non-OPEC countries will assist the market to withstand political shocks of the stand-off between the U.S. and Iran. “For now the risk of a major threat to oil supplies appears to have receded,” the Paris-based …
A company drilling at the north edge of Oklahoma City reports three sister wells with combined production of more than 1,100 barrels of oil a day. The same month that Oklahoma City-based Revolution Resources LLC is expected to close on its $201.5 million acquisition of Jones Energy II, Inc. based in Austin, Texas, the firm …
Completion reports filed on January 15, 2020. ATOKA COUNTY G & S Energy Inc Big Fork(8160): Gas 1866 Water 900 Flow 20 2S 12E Cochran Ih-20, November 19, 2019 HH, GAS, TD: 11456 ft Lat: 34.37000, Long: -96.06362 API: 35005204560001 BLAINE COUNTY Technical Energy Services Inc Mississippi(9684): Oil 5 Gas 52 Water 1 Flow 6 18N 13W Cheyenne Arapaho Tribal Lands 4-6, December 17, 2019 …
Permits to drill issued on January 15, 2020. Blaine County SHAFFER #1-23 SWD, January 14 2020 23 16N 10W CSESW API: 01121522 Lat: 35.84284565971442, Long: -98.23588018919797 H2OK LLC SH, RC, 10785 ft, CHESTER(8900) Canadian County DORIS 12-13-10-6 #2XH, April 10 2018 01 10N 6W NWSESESE API: 01725208 Lat: 35.36424894854724, Long: -97.77962554297882 ROAN RESOURCES LLC HH, AM, 19592 …
Two Oklahoma oil and gas industry leaders were on hand at the White House Wednesday as President Donald Trump signed the first stage of a U.S.-China agreement,one that signifies a truce in the long-running trade war between Washington and Beijing. Devon Energy’s Chairman emeritus and company co-founder Larry Nichols joined Continental Resources Inc. founder Harold …
Former Phillips 66 executive Lawrence Niemba is now a member of the Plains All American Pipeline and Plains GP Holdings board. His appointment came following his retirement from Phillips 66 in 2017 where he had been executive vice president, refining and executive committee member. Before that, he held various downstream positions with ConocoPhillips, including as …
Minnesota-based ALLETE Inc., the operator of a major wind farm being built near Ardmore, Oklahoma plans to release its quarterly financial results Feb. 13, 2020. The release will be made before the stock markets open on that Thursday. Following the release, ALLETE Chairman and Chief Executive Officer Alan R. Hodnik, President Bethany M. Owen, Senior …
A Purcell oil and gas drilling contractor that once stunned U.S. energy analysts and others by landing a massive drilling contract with Venezuela in 2016 has closed its operations. Horizontal Well Drillers had reportedly won $1.29 billion in contracts with Venezuela’s national oil company, PDVSA to drill horizontal wells in the country’s Orinoco Belt region. …
** The Trump administration on Wednesday announced the authorization of a roughly 3,000-acre solar farm near Palm Springs, California, after developers scaled back its size to help avoid threatened desert tortoises and cultural artifacts. First Solar Inc.’s 450-megawatt Desert Quartzite project in eastern Riverside County has been praised by some environmentalists for its careful design on lands …
