Author's posts
Anti-drilling bills represent intent of Democrats in Congress
They have no chance of passing in the U.S. Senate, but seven separate bills aimed at blocking oil and natural gas drilling in nearly all federal waters were introduced this week by Democrats who now control the House of Representatives. Republicans control the Senate so their chances of getting approval are likely to be nil …
New Mexico reverses San Juan Basin oil stance in controversial move
New Mexico’s new Democratic Gov. Michelle Lujan Grisham has shaken up the state’s oil and gas industry, not only with new appointees but challenged a move by the previous administration to relax oil and gas drilling restrictions in the San Juan Basin. Her new regulators moved this week to suspend a previous order that allowed …
One oilman offers $32 million for west Texas ranch owned by bankrupt oilman
El Paso oilman Paul Foster has offered more than $32 million for one of the largest ranches for sale in West Texas. He’s trying to become the new owner of the 37,000-acre KC7 Ranch located inn the foothills of the Davis Mountains near Interstate 10 in Reeves and Jeff Davis counties. Foster is CEO …
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 …
