Author's posts
AARP hits stone wall with Corporation Commissioners
Try as he might, AARP Oklahoma Director Sean Voskuhl can’t convince Oklahoma Corporation Commission chairwoman Dana Murphy to adopt a moratorium on utility rate hikes. Murphy responded to Voskuhl’s plea, writing him earlier this month that by state law, she cannot stop utilities from seeking rate adjustments according to a report by The Oklahoman. …
Completion reports for August 19, 2022
CANADIAN COUNTY Citizen Energy Iii Llc Mississippi Lime(10500): Oil 156 Gas 1460 Water 486 Flow 2 10N 7W Demmer 2h-2-11, August 07, 2021 HH, OIL, TD: 16770 ft Lat: 35.36935, Long: -97.91715 API: 35017256620000 Citizen Energy Iii Llc Woodford(9157): Oil 125 Gas 214 Water 1231 Gas Lift 7 10N 5W Darrow Trust 4h-7-18, April 30, 2022 HH, OIL, TD: 16792 ft Lat: 35.35463, Long: -97.76975 API: 35017256160000 …
Ovintiv’s continued success in Kingfisher County
Kingfisher County remains a gold mine for Ovintiv Inc. The company filed completion reports in recent days showing two wells on a single pad, each with production of more than 1,300 barrels of oil a day. That’s a combined 2,600 barrels of oil from the same pad. Unless of course, Ovintiv files another completion …
Investors sought by LSB Industries
LSB Industries headquartered in Oklahoma City is actively looking for investors. The company announced it plans to take part in the upcoming Seaport Research Partners Annual Summer Investor Virtual Conference. LSB President and CEO Mark Behrman will take part in the event on Tuesday, August 23 beginning at 8:30 a.m. Central Time. He will …
Other headlines
** U.S. oil and gas companies generated profits worth $73.7 billion last year on the back of improving prices, with capital expenditure reaching $144.1 billion. ** A state of Michigan lawsuit that aims to force Enbridge Inc to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes will be …
City of Norman considers lawsuit against Turnpike Authority
The Oklahoma Turnpike Authority could very well be hauled into court by the city of Norman over the agency’s plans for a new turnpike project that would go through some areas of the city. Fox 25 News reported Norman city leaders are considering a lawsuit. Click here for Fox 25 News
NOG is buyer of Laredo Petroleum divestiture in Texas
Laredo Petroleum revealed in a filing with the Securities and Exchange Commission its sale of more than 1,600 acres of holdings in the Permian Basin announced earlier in the week was to Northern Oil and Gas, Inc. In the SEC filing, Laredo made the revelation. The Tulsa-based company had not revealed the identity of …
Hiring details revealed in naming of Lawler to be Continental Resources President
A Securities and Exchange filing late Friday by Continental Resources revealed more details about the promotion of Robert Lawler to be the firm’s President and Chief Operating Officer. The filing indicated the appointment announced August 17 and approved by the Board of Directors means Lawler will transition as Continental’s President while William B. Berry …
Crude barely held own on Friday while OK energy stocks were weak
U.S. crude oil prices made a slight gain on Friday but prices still fell after a week of trading. Oklahoma energy stocks had a weak day in trading, just one day after recording some large gains. The decline for the week came on worries that an economic slowdown might weaken demand for crude oil. …
Baker Hughes reports national rig count slipped by one
Oklahoma was unchanged in its oil and gas rig count in the past week while nationally, Baker Hughes Co. reported a decline of one resulting in a nationwide count of 762. Oklahoma had 65 active rigs in the past week compared to a year ago when the count was only 30. Nationally, the number …
