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Hallilburton agrees not to leave San Antonio
After threatening to leave San Antonio, Halliburton Co. has reached an agreement with the city to remain there. The company had talked of moving its Eagle Ford Shale operation out of the city contending it was being taxed unfairly. The San Antonio Express-News reports that under a complex deal struck in 2016, the Houston-based oil-field …
Appeals court rules against Catoosa manufacturer in legal fight with PetroChina
The Denver Federal Appeals Court has handed a setback for an Oklahoma firm that filed suit claiming a breach of contract against PetroChina Canada. The U.S. 10th Circuit Court of Appeals upheld a district court ruling that dismissed the suit and said it should be heard in Canadian courts. The legal fight stemmed from PetroChina’s …
OKC’s Mammoth Energy still has workers in Puerto Rico after deadly 2017 Hurricane Maria
After reporting total revenues of $1.7 billion for 2018, Oklahoma City-based Mammoth Energy Services, Inc. made a filing with the U.S. Securities Exchange Commission. In the filing, the company not only made available its financial information, it also explained that it still has workers in Puerto Rico trying to restore electrical power from Hurricane Maria. …
Dangerous tank fires south of Houston
Tank fires burned all day on Sunday and into Monday morning at a bulk liquid storage facility managed by Intercontinental Terminal companies near petrochemical complexes south of Houston. It was before 11 on Sunday morning when the naphtha tank caught fire and it spread to a Xylene tank late Sunday night. The Harris …
Amazon pays for computer courses at 30 Oklahoma High Schools
Amazon announced it will fund computer science courses in more than 1,000 high schools across all 50 states and the District of Columbia reaching tens of thousands of students from underprivileged, underrepresented, or underserved communities, through its Amazon Future Engineer program. Thirty of the schools are in Oklahoma. Of the more than 1,000 high schools, more than …
Slowing oilfield activity results in loss for Key Energy Services
Key Energy Services, Inc., the Houston firm with a regional field office in El Reno, Oklahoma not to mention 7,500 employees worldwide reported fourth quarter 2018 consolidated revenues of $117.2 million. But it also said it suffered a net loss of $23.1 million or $1.14 a share as the industry experienced a decline in …
Quarterly distribution announced by NGL
Tulsa’s NGL Energy Partners LP announced a distribution for the quarter ending March 31,2019. The company’s board o directors declared a 56 cent distribution to be paid to the holders of the Partnership’s 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units. They will be made on April 15, 2019 to holders of record …
Completion reports for March 15, 2019
Completion reports filed for March 15, 2019. CADDO COUNTY Continental Resources Inc Mississippian(14026): Gas 10624 Water 3401 Flow 14 12N 13W Vines 1-14hm, December 29, 2018 HH, GAS, TD: 20184 ft Lat: 35.50852, Long: -98.53643 API: 35015233030000 STEPHENS COUNTY Marathon Oil Company Woodford(14113): Oil 656 Gas 6338 Water 873 Flow 10 2N 4W 3r 0204 6-3-34wxh, December 15, 2018 HH, OIL, TD: 24725 ft Lat: …
Permits to drill for March 15, 2019
Permits to drill issued on March 15, 2019. Kingfisher County JAKE 19-09-35 #1H, March 15 2019 02 18N 9W NENENWNE API: 07326489 Lat: 36.07189300767284, Long: -98.12684970195323 CHISHOLM OIL & GAS OPERATING LLC HH, DR, 13447 ft, MISSISSIPPIAN(7802) Kingfisher County IGNITOR 1806 #4-1LOH, March 15 2019 04 18N 6W NENWNWNE API: 07326177 Lat: 36.072474533066554, Long: -97.84375547483988 GASTAR EXPLORATION …
Oil and gas employment shows impact on Oklahoma’s jobless rates
A county-by-county breakdown of jobless rates in Oklahoma in January show unemployment was down in 64 of the state’s 77 counties. The Oklahoma Employment Security Commission reported rates were higher in 6 counties and were unchanged in 7 counties. McIntosh County was highest at 6.9% while Cimarron County in the Panhandle was lowest with a …