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Texas Railroad Commission exceeds state’s annual goal for plugging abandoned wells
For the fourth straight year the Railroad Commission of Texas has exceeded its performance target of plugging abandoned oil and gas wells throughout the state. With the fiscal year ending on Aug. 31, the agency plugged 1,477 orphan wells in Fiscal Year 2020, which exceeded the target of 1,400 set by the Legislature reported …
Deputies investigate ‘accidental fall’ death at Texas wind farm
A worker fell to his death from a wind turbine tower in West Texas. Tom Green County deputies say it happened Tuesday at a Christoval wind farm in Tom Green County. The worker, Aaron Scott Johnson, 39 of Big Spring was dead at the scene. He was working inside a wind tower when he …
$856 million in notes offered by Ascent Resources
Ascent Resources Utica Holdings, LLC announced this week that nearly $856 million of its Senior notes offered by the firm were tendered. The $855.6 million in outstanding 10% Senior Notes due 2022 were exchanged for new 9% Senior Notes due 2027. Ascent said $538 million of the new term loans would be borrowed and …
Ovintiv to resume drilling in Oklahoma’s STACK
Oklahoma’s drilling activity is still in a deep recession but this week, Houston’s Ovintiv Mid-Continent Inc. applied for and won a permit to do more drilling in the STACK in the state. The company received a permit for the CHLOUBER FED 1608 #8H-16X located at 27 16N 8W in Kingfisher County. The site is …
Cold weather is headed south with impact on natural gas output
The cool blast Oklahoma is expecting next week and the following week will have an impact on the output of natural gas. Not just in Oklahoma but across the U.S. Data provide Refinitv predicts the Lower 48 natural gas output will be on track to fall to 83.8 billion cubic feet a day. That’s …
Oil execs believe oil production has peaked in this country
A Federal Reserve Bank of Dallas survey of U.S. energy executives shows about two-thirds of them believe crude oil production has peaked in the U.S. The survey results, released this week showed 66% of 154 oil and gas firm executives believe U.S. crude oil production has reached its peak. The executives were from Texas, …
NASA chief warns Congress about Chinese space station
NASA chief Jim Bridenstine told lawmakers Wednesday it was crucial for the US to maintain a presence in Earth’s orbit after the International Space Station is decommissioned so that China does not gain a strategic advantage. The first parts of the ISS were launched in 1998 and it has been continuously lived …
Completion reports for September 23, 2020
Completion reports filed on September 23, 2020. completions: none were processed today
Permits to drill for September 23, 2020
Permits to drill issued on September 23, 2020. Cimarron County HANES TRUST #2-15, September 23 2020 15 3N 9E CSWNW API: 02521080 Lat: 36.72808465278412, Long: -102.08376057116995 T AND L OIL INC SH, DR, 4862 ft, RED CAVE(1625), COUNCIL GROVE(2850), HEEBNER(3210), CHEROKEE(4118), MORROW UP(4285), MORROW SAND LOW(4484), MISSISSIPPI(4780) Cimarron County HANES TRUST #2-15, September 23 2020 15 …
A tough Wednesday for energy stocks in Oklahoma
The crying towels were everywhere for Oklahoma energy companies and others following Wednesday’s trading where more than one firm saw a drop of 7 to 8% in share values. The nearly 1% drop or 2 cent decline to $2.92 for Alliance Resource Partners was mild compared to what some of the companies suffered. Blueknight Energy …