Canadian County DEMMER #1H-2-11, April 08 2021 02 10N 7W N2N2NWSW API: 01725664 Lat: 35.36935831148112, Long: -97.91725884336076 CITIZEN ENERGY III LLC MU, DR, 18500 ft, WOODFORD(10600) Canadian County ESTES #1H-2-11, April 08 2021 02 10N 7W NWNENWNE API: 01725663 Lat: 35.37635382079624, Long: -97.90729354863925 CITIZEN ENERGY III LLC MU, DR, 21000 ft, WOODFORD(10600) Carter County SYCAMORE UNIT #41-5, …
April 2021 archive
Feds stop Oklahoma coal mining oversight after tribal lands ruling
The 2020 U.S. Supreme Court ruling that overturned a state murder conviction in Oklahoma and left tribes in control of law enforcement now has resulted in the state no longer responsible for mining laws in the affected land. Reports indicated the U.S. Interior Department informed the state last week that the federal government is …
Crude oil rose again in Thursday’s trading and closed less than $60
While US crude prices rose slightly in Thursday’s trading, some Oklahoma energy stocks did the same. West Texas Intermediate crude for May delivery went up 20 cents to finish just under $60 at $59.80 a barrel for a gain of 0.34% in trading on the New York Mercantile Exchange. Global benchmark Brent Crude for …
Increase in rig numbers in US including Oklahoma
The data-tracking company, Enverus Rig Analytics reported the US rig count jumped by 16 in the past week to 509 as of April 7 including an increase in Oklahoma. The company said the count grew by 9% in the last month but remains 17% below the count from a year ago. In the …
GRDA buys resort on Oklahoma’s Grand Lake
The Grand River Dam Authority in northeast Oklahoma recently expanded its holdings with the $1.2 million purchase of the Honey Creek Resort and Motel on Grand Lake. The purchase included more than four acres of land as well as the motel reported the Tulsa World. Click here for the Tulsa World story.
Regulators to review petroleum storage tank rules
The Petroleum Storage Tank Division of the Oklahoma Corporation Commission plans an April 13 Virtual Summer Planning meeting to discuss its first Industry Roundtable meeting in the summer. The PSTD typically conducts a review of its rules to determine the necessity of conducting a formal rulemaking the following fall through spring. The division said …
Kansas-based mining company sells assets to Koch subsidiary
Compass Minerals based in Overland Park, Kansas announced the sale of some of its salt mines and assets to Koch Agronomic Services LLC in a deal worth more than $60 million. Considered a leading global provider of essential minerals, Compass sold three salt mines in North American and the U.K., some production and packing …
Nine Energy to release 1Q earnings report in early May
Coming off a $35 million net loss in the fourth quarter of 2020, Houston-based Nine Energy Service plans to release its first quarter earnings report in early May. The firm, with operations in Oklahoma will release the report on May 6 and hold an earnings conference call at 9 a.m. Central Time. The fourth …
Hess divests $321 million in Bakken interests
In the Bakken of North Dakota, a play where some Oklahoma energy firms have significant investments and operations, the Hess Corporation announced the $312 million sale of some of its interests. Hess is divesting its Little Knife and Murphy Creek acreage to Enerplus Corporation. The sale consists of nearly 78,700 net acres located in …
Arkansas city swaps land in exchange for solar power
England Mayor Butch House (center) talks with Delta Solar CEO Bob East (left) and Tyler Wilson, also of Delta Solar, after the ceremonial groundbreaking Wednesday on the city’s new solar array. (Arkansas Democrat-Gazette/Thomas Metthe) Instead of entering into a power-purchase agreement to get electrical power from a solar operation, the city of England in northwest …
