Author's posts
OEC Offers Free Tour of Norman Solar Garden
Oklahoma Electric Cooperative is offering a free tour of Norman’s first solar garden. The next tour is scheduled for August 21, 2018 at 9:00 a.m. Over the past decade, the price of solar panels has diminished while a record number of installations have cropped up across the nation. OEC’s aim is to allow you to …
Mammoth’s Acquisitions Are Leading to Increased Growth and Revenue
Oklahoma City-based Mammoth Energy Services, Inc. posted $42.7 million in net income for the second quarter of 2018. Total revenue was approximately $533 million for the three months ended June 30, 2018, according to a company press release. The company also announced plans to pay its first quarterly cash dividend of $0.125 per share of …
Frac Map Technology Is Latest Diagnostic Tool Used In Energy Sector
Technological advances are being used more often as gamechangers in many industries today and the energy sector is no different. A Houston-based company is featuring a new platform that uses parallel processing with algorithms to determine fracture geometry for large, complex pad operations in multiple zones. Reveal Energy Services recently announced it is enhancing IMAGE …
House Energy and Natural Resources Committee to Host Two Oil and Gas Interim Studies
The Oklahoma House of Representatives Energy and Natural Resources Committee will kick off the legislative interim studies by hosting a deep dive on two oil and gas topics in mid-August. The legislative committee will utilize the morning session to address municipal and state guidelines concerning oil and gas production within municipal boundaries. The committee will …
Permits to Drill — August 9, 2018
Blaine County AMERICAN HORSE SWD #3, April 04 2018 01 14N 13W SENENENW API: 01123979 Lat: 35.72385575833697, Long: -98.53522432037778 OVERFLOW ENERGY LLC SH, AM, 5500 ft, WOLFCAMPIAN(3450), VIRGILIAN(4810) Blaine County TOLBERT FEDERAL #3-32-29XHM, August 08 2018 32 15N 11W SWSESWSW API: 01124060 Lat: 35.72612951086692, Long: -98.39906945715823 CONTINENTAL RESOURCES INC HH, DR, 22292 ft, MISSISSIPPIAN(12190) Blaine County TOLBERT …
Continental Posts $242.5 Million in Net Income for 2Q 2018 Results
Oklahoma City-based Continental Resources, Inc. announced second quarter operating and financial results on Tuesday, according to a company press release. The Company reported net income of $242.5 million, or $0.65 per diluted share, for the quarter ended June 30, 2018. The Company’s net income includes certain items typically excluded by the investment community in published estimates, the result of …
PSO Withdraws OCC Wind Catcher Application
After the Texas Public Utility Commission denied an application for the Wind Catcher Energy Connection project, Tulsa-based Public Service Co. of Oklahoma conceded victory and filed to withdraw a similar application for the wind farm before the Oklahoma Corporation Commission on Tuesday. Last week, the Texas Public Utility Commission rejected the certificate of convenience and …
Bold Nebraska Attacks Keystone XL Draft Environmental Assessment
The U.S. Department of State recently published its Draft Environmental Assessment for the Keystone XL Pipeline Mainline Alternative Route in Nebraska and at least one coalition has expressed vehement opposition to the proposal. Bold Nebraska, a progressive grassroots political advocacy group, has numerous points of contention. The coalition asserts the plan minimizes the impact of …
Devon Releases August 2018 Investor Presentation
Oklahoma City-based Devon Energy Corporation recently released its August 2018 Investor Presentation. Key elements of the report focus on the following: Concentrated Activity in Delaware Basin and STACK Devon touts its multi-decade growth platform which features over 30,000 potential locations in the Delaware Basin and STACK area. Expanding Cash Flow The company intends to optimize …
LINN Energy Finalizes Riviera Resources Spin-Off
Houston-based LINN Energy, Inc. announced it has completed the spin-off of Riviera Resources, Inc., according to a company press release issued Tuesday. OK Energy Today previously reported on April 20, 2018 that the company planned to split into two companies – Roan Resources, LLC and Riviera Resources, Inc. The announcement came a year after the …
