Halliburton sets date for 3Q financial release

Halliburton’s already making plans for its third quarter 2018 financial results. The Houston company plans to release the results before the open of markets on the morning of Monday, October 22, 2018. It will follow the release with a conference call starting at 8 a.m. central time.  

Continental Resources hits large wells in STACK and SCOOP

Completion reports released this week show Oklahoma City’s Continental Resources bringing in some large wells in the STACK and SCOOP plays. A Blaine county well in the STACK produced 2,004 barrels of oil a day along with 9,579 Mcf of gas. The Lugene 1-33xh is located about 2 miles south of the junction of highways …

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Pipeline system sold in Wyoming’s Powder River Basin

With operations in Texas, Arkansas, Louisiana and Wyoming, Houston’s Genesis Energy L.P. is selling its Powder river Basin Midstream Assets in a $300 million cash deal. An affiliate of Silver Creek Midstream, LLC exercised the option to acquire the assets in a region where several Oklahoma energy producers are active. Genesis intends to use the …

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Oklahoma energy industry expansion continues

The expansion of Oklahoma’s oil and natural gas industry continues and the economist who compiles the Oklahoma Energy Index says industry growth and its impact on the state economy are expected to continue through the end of the year. The most recent energy index saw an increase of less than 1 percent, with half of …

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End of contract with OGE could mean an end soon for AES Shady Point plant in Le Flore County

The shutdown of the AES Shady Point coal-fired electrical generation plant in eastern Oklahoma’s Le Flore county could come as soon as January. That’s according to Lundy Kiger, AES Shady Point’s vice president who responded after the company received notification from Oklahoma Gas and Electric this month it will not do a five-year extension of …

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Marathon Oil finds 1,000 barrel a day well in Blaine County

Oklahoma’s STACK continues to produce large wells. Houston’s Marathon Oil Company reports completing a well in Blaine County that produced more than  1,000 barrels of oil a day. The J and M BIA 1510 1-30MH, located about 5 miles northeast of the community of Greenfield (30 15N 10W_) had a November 2017 spud date. Its …

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Pride in McAlester Recognized as an Oklahoma Clean Community

The Department of Environmental Quality (DEQ), in partnership with Keep Oklahoma Beautiful (KOB), will recognize Pride in McAlester (PIM) as an Oklahoma Clean Community during a special ceremony scheduled for 2:00 p.m. on September 5, 2018. The ceremony will be held at the Venue, 120 E Choctaw Avenue, McAlester, where Pride in McAlester will be recognized as …

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Tulsa pipeline firm files bankruptcy

A Tulsa based pipeline company, EastOK Pipeline LLC has filed for Chapter 11 bankruptcy protection and did it right in the middle of an Oklahoma City federal court case where it was one of the defendants. The bankruptcy filing was made Aug. 7 in the Western District bankruptcy court of Texas by the firm founded …

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Next step considered after State abolished High Cost Telephone Fund

After voting in February to phase out the controversial Oklahoma High Cost Fund, one designed to help rural phone companies, the Corporation Commission begins an investigation this week into the impact on the Oklahoma Universal Service Fund and the Oklahoma Lifeline Fund. The Commission plans to hold a technical conference on Thursday as it explores …

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Enid hopes eminent domain isn’t necessary in building 70 mile water pipeline

The city of Enid is making plans to prepare for construction this fall of its 70-mile Kaw Lake water pipeline. It also means 240 pieces of land will have to be crossed when the line is built. The Enid Eagle and News reported this week the big focus is acquiring the land as the city will …

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