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Plains All American Pipeline to hold investor day
Plains All American Pipeline and Plains GP Holdings will hold an Investor Day meeting on June 11. During the meeting, management will review the company’s strategic and financial positioning and also give an overview of operational capabilities. The meeting will be webcast at 12:30 p.m. central time at the company’s website, www.plainsallamerican.com. Plains all American, …
Helmerich and Payne leaders to seek new investors at California conference
Tulsa’s nearly 100-year old company Helmerich and Payne plans to seek new investors at this week’s 2019 Wells Fargo West Coast Energy Conference. Company President and CEO John Lindsay will make a presentation on Wednesday, June 12 at the conference in San Francisco, California. The conference will begin June 11. Lindsay will be joined by …
Permits to drill for June 7, 2019
Permits to drill issued for June 7, 2019. Alfalfa County WALKER #2-11H, June 07 2019 02 25N 11W SESESESE API: 00323378 Lat: 36.667095430096445, Long: -98.34288055205694 AEXCO PETROLEUM INC HH, DR, 11000 ft, MISSISSIPPI LIME(5710) Atoka County DUSU #5-60B, June 07 2019 05 1N 15E NESESESW API: 00520472 Lat: 34.5802162483036, Long: -95.75194573201652 WESTERN OIL AND GAS DEVELOPMENT …
Completion reports for June 7, 2019
Completion reports for June 7, 2019. STEPHENS COUNTY Newfield Exploration Mid-con Inc Woodford(10822): Oil 436 Gas 6552 Water 1562 Flow 30 1N 4W Ely 0104 5h-18x, June 08, 2018 HH, GAS, TD: 21140 ft Lat: 34.53450, Long: -97.66079 API: 35137275270000 WOODS COUNTY Midstates Petroleum Co Llc Mississippian & Mississippi Lime: Oil 98 Gas 701 Water 4042 Pump 9 26N 14W Erma Lee 2614 1-9-4xh, September …
Rig counts show dramatic loss in Oklahoma over a year
Activity in Oklahoma’s oil and gas fields is down nearly 28 percent compared to a year ago according to figures released this week by Baker Hughes Co. Oklahoma’s current count of oil and gas rigs is 102, a decline of one in the past week but a drop of 40 compared to a year earlier. …
Gulf Coast crude oil imports down to lowest level in 33 years
The amount of crude oil imported in March to the Gulf Coast refineries was the lowest level since 1986. The U.S. Energy Information Administration says it’s just another sign of increased U.S. oil production along with a drop in imports from Venezuela. The March 2019 crude oil imports averaged 1.8 million barrels a day, the …
Oil and gas tax revenue for Oklahoma is up—thanks in part to tax hike
Despite the devastating floods of May in Oklahoma, the state Treasurer reports gross receipts were up showing that Oklahoma’s economy is still growing. Oil and gas revenue has grown too, thanks to a tax hike last year. May receipts totaled $1.1 billion which is 10.6 percent higher than a year ago according to Treasurer Randy …
EPA’s Inspector General closes probe of Scott Pruitt
The Inspector General for the Environmental Protection Agency has formally closed its investigation into some of the allegations against former EPA Administrator Scott Pruitt. It issued no findings against Pruitt. The specific probe in question focused on allegations that Pruitt, the former Oklahoma Attorney General, misused his federal position for personal gain. The claims alleged …
Appeals Court rules Keystone Pipeline construction can begin
A Federal Appeals court in San Francisco handed President Trump a victory in the fight to allow construction of the Keystone XL pipeline that would carry oil out of Canada and eventually to Oklahoma and Texas. The 9th Circuit Court of Appeals dismissed the lawsuit that had held up construction, stating that the suit was …
Partnership announced by Koch subsidiary
Wichita-based Koch Engineered Solutions, a unit of Koch Industries is partnering with another firm to offer technical and service solutions for industrial value chains. The partnership is with EFT Analytics which is based in Kansas and one of its first customers will be John Zink Hamworth Combustion located in Tulsa. John Zink Hamowrth Combustion is …
