Sometimes multi-wells drilled on a single pad don’t produce what was anticipated proving that drilling can be a risky business. Such is the case in Carter County where Kodiak Oil & Gas Inc. drilled four wells on a single pad at 27 4S 2W, a site at the northeast side of the town of Wilson. All …
October 21, 2021 archive
Drilling growth expected in the Balkan
The newspaper, the Williston Herald in western North Dakota closely follows energy developments in the Bakken where Oklahoma energy producers are no strangers. Renee Jean, assistant managing editor had her take on the state’s newest energy developments in her Energy Chaser column this week and we pass along what she had to write: One …
Dividend declared by ONEOK
The board of directors of ONEOK, Inc. declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share. The dividend is payable Nov. 15, 2021, to shareholders of record at the close of business Nov. 1, 2021. ONEOK, Inc. is a leading midstream service provider and …
Oil and gas mergers slowed by Biden administration
The Biden administration is putting the slow-down on several mergers of oil and gas companies as it continues its moves against the industry. Reuters reports that antitrust regulators extended the approval process for at least five oil and gas mergers and acquisitions over the past three months. Among the proposed transactions that received second …
- 1
- 2