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Oil and gas broker gets probation—no prison time
Former Oklahoma City oil and gas broker Robert Samuel Kerr IV avoided prison this week when he was sentenced in U.S. District Court for conspiring with two others to commit wire fraud. Kerr, 38 was sentenced to four years probation and ordered to pay $30,000 restitution after he pleaded guilty in November 2017 to one …
Impact Energy finalizes acquisition of more NW Oklahoma properties
Oklahoma City-based Impact Energy Partners LLC announced it has finalized the acquisition of 100 operated properties along with 23,479 net acres in northern Oklahoma where it is expanding operations. The acquisition was in Grant, Garfield and Alfalfa counties which make up northwest Oklahoma’s Mississippi Lime field. The purchases followed Impact Energy’s two previous purchases of …
Duke Energy to expand Kay County wind farm operations
Duke Energy Renewables is expanding its Kay County wind farm operation called Frontier Windpower Project. The company plans to build the 350-megawatt Frontier Windpower II project by the end of 2020, more than doubling the size of the operation. It will also be the company’s largest capacity project from its 3,000-megawatt wind and solar operations …
Devon and Newfield Exploration find big producers in Blaine County
Oil and gas companies Devon Energy and Newfield Exploration each reported big finds in Oklahoma’s STACK play. Devon saw nearly 3,800 barrels of oil a day production from two wells drilled on a single pad near Watonga in Blaine County. The Chipmunk wells, located about 1.5 miles northwest of Watonga on Airport Road were drilled …
Governor to take his cabinet on a tour of the state
Oklahoma Gov. Kevin Stitt calls it his Top Ten cabinet tour–a chance for Oklahomans to tell the state’s leaders about issues they want the government to focus on, whether it be energy, agriculture, transportation or more. He plans to hold four public meetings in the closing months of 2019 and said there will be more …
Quakes rattle Kingfisher county
Kingfisher County, right in the heart of the STACK oil and gas play in Oklahoma experienced two strong earthquakes on Wednesday. The first measured 3.4 magnitude and the epicenter was west of Kingfisher. It struck around 5:30 p.m.. Three hours later, a 3.3 magnitude earthquake hit and the epicenter was southwest of the city of …
Permits to drill for July 24, 2019
Permits to drill issued for July 24, 2019. Canadian County JAMESON #2H-4-33, July 24 2019 09 12N 10W NWNWNENW API: 01725498 Lat: 35.53580003274664, Long: -98.26822075246521 CITIZEN ENERGY III LLC HH, DR, 23550 ft, MISSISSIPPIAN(12850) Major County LIVIN LARGE 21N-9W #11-1H, April 16 2019 11 21N 9W NESESWSW API: 09325220 Lat: 36.3048718219112, Long: -98.13690086491366 INTERSTATE EXPLORATIONS LLC HH, …
Completion reports for July 24, 2019
Completion reports filed for July 24, 2019. BLAINE COUNTY Derby Exploration Llc Mississippian (less Chester): Oil 419 Gas 1643 Water 1311 Flow 18 19N 13W Hart Federal 19-30-1xh, March 20, 2019 HH, OIL, TD: 17007 ft Lat: 36.12097, Long: -98.61994 API: 35011240570000 Derby Exploration Llc Mississippian: Oil 738 Gas 1567 Water 1320 Flow 18 19N 13W Hart Federal 7-18-1xh, March 20, 2019 HH, OIL, TD: 18580 …
New map outlines seismic faults across Dallas-Fort Worth region
Scientists from SMU, The University of Texas at Austin and Stanford University found that the majority of faults underlying the Fort Worth Basin are as sensitive to forces that could cause them to slip as those that have hosted earthquakes in the past. The new study, published July 23rd by the journal Bulletin of the Seismological …
ONEOK announces quarterly dividend
Shareholders in Tulsa-based ONEOK Inc. are getting an 89-cent a share dividend for the quarter. The board of directors at the company increased the dividend 2.5 cents a share to 89 cents resulting in an annualized dividend of $3.56 a share. The dividend will be payable Aug. 14, 2019 to shareholders of record at the …