Mammoth Energy Services, Inc. announced its wholly owned subsidiary Stingray Pressure Pumping LLC (“Stingray”) has put an additional frac spread into operation. This brings Stingray’s total operational frac spread count to five. The infrastructure services division of the Oklahoma City-based company continues to expand both in geographic area as well as bidding activities for …
January 2023 archive
Oil and gas production to climb in Anadarko and Permian Basins
Oil and gas production in the Anadarko Basin is expected to grow in the coming month according to a report by the U.S. Energy Information Administration. At the same time, the Permian Basin will also see large gains in oil and gas production. The EIA issues a report this week expecting oil production in …
Ovintiv to release 4Q earnings in late February
Ovintiv, the Houston-based company with major offices in Denver, Colorado plans to release its fourth quarter earnings report on Tuesday, Feb. 28 of this year. The 8 a.m. Central Time release will be made after the market close on Monday, Feb. 27, 2023. Ovintiv is coming off a whopping $1.19 billion in third quarter …
Headlines of other stories
** The parent of Liberty Utilities still plans to pursue its Kentucky Power acquisition but also is cutting its dividend 40%. ** More than 140 people have filed complaints against a Tennessee solar company that’s now under investigation in three states. ** Texas natural gas generators did better during last month’s cold snap than in the …
$2 billion wind transmission line planned for northern New Mexico
A $2 billion, 400-mile high voltage transmission line will be constructed across northern New Mexico to carry wind power. The New Mexico Renewable Energy Transmission Agency announced the new joint development agreement with the private company, Invenergy Transmission. RETA hopes to start the operations in 2028. Click (Powerful clean-energy line to crisscross NM – …
Colorado boosts cleanup funding required of oil and gas producers
Colorado has taken steps to require more money from oil and gas producers to insure there is adequate funding for the cleanup should the well be abandoned. The state is now increasing the amount of money companies need to put forward, often in the form of bonds, to pay for plugging and reclaiming their wells …
Chesapeake Energy sells South Texas ops in $1.4 billion cash deal
Oklahoma City’s Chesapeake Energy Corp. reportedly agreed to sell part of its operations in the Eagle Ford play of South Texas to private equity-owned Wildfire Energy in a $1.4 billion cash deal. Reuters reported the story Wednesday, indicating it was based on “people familiar with the matter” and what they said. Chesapeake had been …
Ovintiv’s newest big production effort is in Kingfisher County
Ovintiv never ceases to amaze oil and gas followers for its discoveries and production in Oklahoma’s Kingfisher County. Add a 3-well single-pad effort that produced a combined 2,200 barrels of oil a day to the long and growing list of the Houston-based company’s drilling projects in Oklahoma’s STACK play. The latest were completed in …
Work to begin on 600 mile electric transmission project in eastern Colorado
Excel Energy has chosen Quanta Services, Inc. to manage all construction activities for the more than 600 mile long Colorado Power Pathway high-voltage electric transmission project. The 345 kV transmission infrastructure in eastern Colorado will span more than a dozen counties reported T&D World. “Quanta has enjoyed a long-standing relationship with Xcel Energy and …
Permits to drill for January 17, 2023
Garvin County ANTERO #0303 7-6-4MXH, October 25 2022 07 3N 3W SWSESWSE API: 04925389 Lat: 34.73966609884232, Long: -97.55186843475852 CPRP SERVICES LLC MU, AM, 22280 ft, SYCAMORE(11150) Grady County NORTHWEST CHITWOOD UNIT #18-7, January 17 2023 35 5N 7W NENENWSW API: 05124998 Lat: 34.861465573080025, Long: -97.91364506303206 KALKMAN OIL CORPORATION SH, DR, 10200 ft, ABERNATHY,HUDDLESTON,MELTON(9900) Hughes County ELSA #1-8-20WH, …
