2020 archive

Boil order lifted in SE Oklahoma

  The boil order for the Sardis Lake Water Authority in southeast Oklahoma has been lifted by the Oklahoma Department of Environmental Quality. The DEQ, in an announcement this week said the water is now safe for human consumption. This order was issued due to high turbidity and an inadequate water treatment process. State and …

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Barrett on the bench—set to hear energy cases

  After being confirmed to the Supreme Court by the U.S. Senate Monday night on a 52-48 vote, Justice Amy Coney Barrett will leap right into cases involving the environment and energy, not to mention the more controversial Affordable Care Act, better known as Obamacare. She received the support of Oklahoma U.S. Sens. Jim Inhofe …

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Oklahoma voters to decide a Corporation Commission race

  Oklahoma voters will decide next week whether Corporation Commission chairman Todd Hiett should stay in office or be unseated by Libertarian Todd Hagopian. As the political news website NONDOC described the race, it was one of the “Battle of the Todds.” Click here to view the NonDoc story.  

National Oilwell Varco reports third quarter 2020 loss of $55 million

National Oilwell Varco, Inc. reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019. Net loss for the Houston-based company in the third quarter of 2020 improved $38 million sequentially to $55 …

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NGL Energy Partners Announces Quarterly Distributions

  NGL Energy Partners LP  announced Tuesday that the Board of Directors of its general partner has declared a quarterly distribution of $0.10 per unit, or $0.40 per unit on an annualized basis, for the quarter ended September 30, 2020. This cash distribution is payable on November 13, 2020 to common unitholders of record at …

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BP returns to profit after worst quarter

  BP posted a modest $86m (£66m) profit in the third quarter, beating analyst expectations, thanks to higher oil prices and a recovery in fuel sales. The oil giant reported a $86m underlying replacement cost profit, its definition of net income, after analysts had predicted the FTSE 100 company would swing $120m into the red reported The Telegraph. …

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Completion reports for October 26, 2020

Completion reports issued on October 26, 2020. DEWEY COUNTY Comanche Exploration Co Llc Mississippian(8948): Oil 195 Gas 2251 Water 1993 Flow 1 18N 14W Thompson 1-1h, November 19, 2019 HH, OIL, TD: 14484 ft Lat: 36.05869, Long: -98.64346 API: 35043236770000

Permits to drill for October 26, 2020

Permits to drill issued on October 26, 2020. permits: none were processed today

Energy stocks take a dive as crude oil prices fall to 3-week low

  Energy stocks took a broad dive Monday, as crude oil prices sold off amid concerns that the recent surge in new COVID-19 cases globally would sap demand. The SPDR Energy Select Sector ETF slumped 3.0%, and was the biggest decliner among SPDR ETFs tracking the S&P 500’s 11 key sectors, with all 25 equity components losing ground. …

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Oil prices settle at 3-week lows as coronavirus cases rise world-wide

Oil futures declined Monday, sending prices to their lowest finish in just over three weeks, as COVID-19 cases in the U.S. and Europe continue to surge, raising alarm over demand for crude. West Texas Intermediate crude for December delivery, the U.S. benchmark, fell $1.29, or 3.2%, to settle at $38.56 a barrel on the New York …

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