Houston’s Occidental Petroleum suffered decreased losses in the third quarter, but it was still $3.8 billion even after a $2.4 billion write-down on falling equity in its Western Midstream Partners. Occidental’s quarterly report indicated the company slashed its losses by more than half compared to the second quarter loss of $8.4 billion. A year ago, …
** Texas county commissioners delay consideration of tax abatements for a $190 million, 1,700-acre solar farm amid opposition by residents and the lack of a draft agreement reported the Austin American-Statesman. ** A Turkish electric vehicle parts supplier announces it will open its first North American manufacturing plant in Calhoun, Georgia according to the Chattanooga Times Free Press. ** The New Orleans Advocate …
One of the latest electrical power plants in Texas to make the switch from coal to natural gas is in the Panhandle. KFDA TV reports that Xcel Energy announced the Texas Commission on Environmental Quality reached an agreement with the firm to convert its Harrington power plant in Amarillo to a natural gas fuel …
Oklahoma oil and gas workers develop an award-winning plug to protect well workers from exposure to fumes while working on production tanks. Click here for the story from The Oklahoman.
Completion reports filed on November 10, 2020. CANADIAN COUNTY Roan Resources Llc Woodford: Oil 613 Gas 1258 Water 1652 Pump 22 10N 5W Mcneff 22-27-10-5 2xh, September 04, 2018 HH, OIL, TD: 19350 ft Lat: 35.33272, Long: -97.71731 API: 35017251980000 Travis Peak Resources Llc Mississipian Lime: Oil 181 Gas 8568 Water 1597 Flow 25 12N 9W Hanneman 1h-26, November 06, 2019 HH, GAS, TD: 17337 ft …
Permits to drill issued on November 10, 2020. Kingfisher County POST BROTHERS 1607 #3H-27X, November 10 2020 34 16N 7W NESWNWSE API: 07326718 Lat: 35.81770758221674, Long: -97.93110947436513 OVINTIV MID-CONTINENT INC. MU, DR, 17928 ft, MISSISSIPPIAN (LESS CHESTER)(7695) Kingfisher County POST BROTHERS 1607 #4H-27X, November 10 2020 34 16N 7W NESWNWSE API: 07326719 Lat: 35.817762523207264, Long: -97.93110947965154 OVINTIV …
A day after energy stocks soared and at least one Oklahoma company saw a 26% jump in the value of its shares, things settled down on Tuesday’s trading. Oil futures went up while many energy stocks made weak gains. West Texas Intermediate crude for December contracts gained 69 cents or 1.67% to settle at $42.05. …
Chesapeake Energy reports it is the target of more than 7,000 claims of debt totaling more than $11 billion in its Chapter 11 bankruptcy that was filed in June 2020. In a Form 10-Q filing with the Securities and Exchange Commission, the Oklahoma City-based company said nearly 7,350 proofs of claim with an aggregate amount …
The new owner of the Wynnewood refinery in southern Oklahoma has won a court fight over an OSHA finding that it violated safety rules and regulations which led to a boiler explosion. The 10th U.S. Circuit Court of Appeals agreed with Wynnewood Refining Co., LLC that it should not have been cited by …
Lowe’s has chosen a north Texas site near Denton to be the location of a more than half-million square foot industrial distribution center. Located near I-35 in the Denton Westpark business park, the nearly 650,000-square-foot building was completed by Exeter Property Group. “To provide faster e-commerce shipping options direct to customers, we plan to …
