Author's posts
Bonanza Creek—-4 years later
The $4.5 billion firm created as a result of the merger of Denver’s Bonanza Creek Energy , Inc. with Extraction Oil & Gas Inc. came only four years after Oklahoma’s SandRidge Energy backed out of an acquisition of Bonanza Creek Energy. It was 2017 when SandRidge and Bonanza agreed to a merger agreement …
EOG Chairman to retire
After 42 years with EOG Resources, Inc., Chief Executive Officer William “Bill” Thomas is retiring from leading the Houston-based company that also has major operations in Oklahoma. He will be replaced by Ezra Y. Yacob who will not only become EOG”s CEO but will also join the Board of Directors. Lloyd W. “Billy” Helms …
New drilling planned for STACK and Southern Oklahoma
Chaparral Energy, XTO Energy and Continental Resources are among the energy firms with intentions to carry out more drilling in Oklahoma. Chaparral Energy received drilling permits for a 3-well pad site in Canadian County. The Blackburn 1207 wells will be located about 2 miles south of El Reno next to highway US 81. The …
New Mexico groups are allowed to challenge Texas power plant
A judge rules that environmentalists and a New Mexico citizens’ group can move ahead with their challenge to a proposed natural gas plant just over the Texas border. The ruling by an administrative law judge said the Sierra Club and a citizen group from Chaparral, New Mexico can challenge the pending approval of a Texas permit …
Energy news in brief
** Hundreds of protesters vowing do whatever it takes to stop a Canadian-based company’s push to replace an aging pipeline blocked a pump station Monday in northern Minnesota, with some people chaining themselves to construction equipment before police began making arrests. ** The U.S. became a net exporter of oil in 2020 following an Obama-era policy, complicating efforts to …
Completion reports for June 7, 2021
completions: none were processed today
Permits to drill for June 7, 2021
Canadian County BLACKBURN 1207 #3UMHX-28-33, June 07 2021 28 12N 7W NENWNESE API: 01725678 Lat: 35.48590895098705, Long: -97.93970442969162 CHAPARRAL ENERGY LLC MU, DR, 17400 ft, MISSISSIPPIAN(9583) Canadian County BLACKBURN 1207 #4SMHX-28-33, June 07 2021 28 12N 7W NENWNESE API: 01725679 Lat: 35.485908952096885, Long: -97.93965404678127 CHAPARRAL ENERGY LLC MU, DR, 17050 ft, MISSISSIPPIAN(9580) Canadian County BLACKBURN 1207 #1SMHX-28-33, …
Oil prices dropped on Monday
Crude oil prices ran into a bump in the road on Monday as both US and overseas markets saw drops for the day with US crude falling a little further from the $70 mark. West Texas Intermediate crude for July delivery slipped 39 cents to $69.23 a barrel in trading on the New York …
Ft. Sill energy center approved with restrictions
In a new final order created and redrafted by one Oklahoma Corporation Commissioner, the state regulators on Monday gave approval with restrictions to the proposed PSO $118 million energy center at the Fort Sill Army Post. The question now is—will PSO and the Army move ahead with what turned out to be something of …
Congresswoman hopes ‘Oceanshot’ will help Oklahoma’s weather forecasting
Oklahoma congresswoman Stephanie Bice told a House subcommittee hearing Monday she fully supported the “Oceanshot” plan for research of oceans and the Great Lakes but also encouraged greater government cooperation with private industry in doing so. Rep. Bice, the Ranking Republican on the House Committee on Science, Space and Technology Subcommittee on Environment spoke …