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Chesapeake lays out operational plans as it moves ahead with $4 billion merger
Leaders of Oklahoma City’s Chesapeake Energy,in a 2018 fourth quarter report indicated their company debt has been reduced from a year earlier and the oil volumes they divested in the Utica have been completely replaced by oil growth in the Powder River Basin and Eagle Ford Shale. They also intend to reduce capital expenditures and …
Permits to drill for Jan. 7, 2019
Permits to drill for January 7, 2019. Alfalfa County FRECH 30-26-11 #2H, January 07 2019 30 26N 11W SWSWSWSE API: 00323355 Lat: 36.69615056043927, Long: -98.42232991610409 BCE-MACH LLC HH, DR, 10592 ft, MISSISSIPPIAN(5581) Alfalfa County WERNER 4-24-10 #2H, January 07 2019 04 24N 10W SESWSWSE API: 00323356 Lat: 36.57948978041964, Long: -98.27353564171972 BCE-MACH LLC HH, DR, 11465 ft, MISSISSIPPIAN(6135) …
Permits to drill for Jan. 8, 2018
Permits to drill for January 8, 2018. Garfield County HEMLOCK 2205 #1MOH-26, January 08 2019 35 22N 5W NENENENE API: 04725184 Lat: 36.34626898991796, Long: -97.69430816114718 CHAPARRAL ENERGY LLC HH, DR, 11500 ft, MISSISSIPPIAN(6111) Grady County HANSELL #4-3-34XHW, January 08 2019 03 6N 5W SWNENESW API: 05124543 Lat: 35.02072836535382, Long: -97.71670006102866 CONTINENTAL RESOURCES INC HH, DR, 20146 ft, …
Frack sand operator opening another facility in Texas
The owner and operator of a frack sand plant at Oakwood, Oklahoma has announced the start of commercial operations of a resin coating facility in Monahans, Texas. Preferred Proppants, LLC, the Pennsylvania-based firm with frack-sand mining operations in Oklahoma, Texas and other states is the first company to open an in-basin resin coating facility serving …
Earnings report to be released by Plains All American
Plains All American Pipeline, L.P., the Houston company with operations throughout Oklahoma and other oil and gas producing states plans to release fourth-quarter and full-year 2018 earnings in February. The report will be released after the market close on Tuesday, Feb. 5, 2019. Company leaders will hold a joint webcast on the same day at …
State regulators sign off on $23 million in lower ONG bills
The Oklahoma Corporation Commission on Tuesday approved an order determining how Oklahoma Natural Gas will return nearly $23 million to customers from the 2017 federal tax cuts. All three commissioners, Dana Murphy, Bob Anthony and Todd Hiett signed the order that will result in lower bills for ONG customers. ONG Customers will receive $22.7 million …
Lankford named to powerful Senate Finance Committee
The U.S. Senate Finance Committee, one that directly affects Oklahoma’s energy industry as well as individuals just got a new member this week—Sen. James Lankford. Senate Majority Leader Mitch McConnell made the announcement this week that Lankford would join the Finance Committee for the 116th Congress. He will also keep his current assignments to the …
Enel Green begins work on its largest US wind farm
Enel Green Power North America, the Italian based wind farm company with major operations in Oklahoma has started construction of what will become the firm’s largest wind farm in the U.S. Located in Upton and Crockett Counties in Texas, the 450-MH High Lonesome wind farm will cost an estimated $600 million. It will be …
Another coal plant in Texas is shutting down
Another coal-fired power plant in Texas is shutting down in the summer of this year. At least that’s the intention of the owner and operator of the Gibbons Creek Generating Station near College Station. The Texas Municipal Power Agency, a group comprised of the cities of Bryan, Garland, Denton and Greenville owns the plan. The …
Devon Energy to release earnings report Feb. 19
Oklahoma City-s Devon Energy plans to reports its fourth-quarter and full-year 2018 results on Tuesday, Feb. 19. The report will be made available after the close of US financial markets. The release and operations report will be available on the company website at www.devonenergy.com. On Wednesday, Feb. 20, the company will hold a conference call …
