Author's posts
Shareholders approve merger of two Permian Basin exploration companies
The more than $9 billion merger of two Permian Basin companies was approved this by stockholders of each. Diamondback Energy, Inc. based in Midland, Texas and Energen Corporation of Alabama had announced their $9.2 billion merger in August and this week stockholders cast their ballots in support. It was an all-stock transaction that should be …
What Rep. Mullin and other Republicans face in the climate change debate
A tug of war is underway on Capitol Hill whether Oklahoma Congressman Markwayne Mullin and others who are members of the House Energy and Commerce Committee should continue to write climate legislation. New York’s Democratic Rep.-elect Alexandria Ocasio-Cortez, who is making a name for her brashness, is pushing for changes. “People are going to die …
Completion reports for Nov. 27, 2018
Completion reports for Nov. 27, 2018. KINGFISHER COUNTY Oklahoma Energy Acquisitions Lp Mississippian (less Chester): Oil 135 Gas 232 Water 1921 Gas Lift 36 17N 6W Slaughter House 1706 2-36mh, August 13, 2018 HH, OIL, TD: 12496 ft Lat: 35.91196, Long: -97.79699 API: 35073260340000 Oklahoma Energy Acquisitions Lp Mississippian (less Chester): Oil 149 Gas 605 Water 317 Gas Lift 35 17N 6W Straight Edge 1706 9-35mh, …
Permits to drill for Nov. 27, 2018
Permits to drill for Nov. 27, 2018. Caddo County BELL #3, November 27 2018 09 5N 9W NWSWNESE API: 01523306 Lat: 34.91794524744871, Long: -98.15000864472732 DAYLIGHT PETROLEUM LLC DH, DR, 7370 ft, MARCHAND(6984) Canadian County SNYDER #10-18 1409MH, November 21 2018 07 14N 9W SESWSESE API: 01725329 Lat: 35.696874995897176, Long: -98.19226580125816 TRIUMPH ENERGY PARTNERS LLC HH, DR, 15735 …
Senators want Oklahoma’s car tax eliminated
If two legislators get their bills approved by the 2019 legislature, Oklahoma would eliminate the automobile sales tax. Identical Senate bills calling for an end to the 1.25 percent sales tax on vehicles bought after July 1, 2019 have been filed by Republican Sen. Kim David of Porter and Sen. Julie Daniels, a Republican from …
Three more Texas roads are added to Oklahoma PikePass system
More toll roads in Texas are now on the list of those where the Oklahoma PikePasses can be used. The Oklahoma Turnpike authority announced this week the PikePasses are interoperable with three roads operated by the Fort Bend County Toll Road Authority around Houston. OTA spokesman Jack Damrill said they are the Fort Bend Parkway, …
How one environmental group depicts the impact of fracking in SW Texas
The money’s good but not everyone is excited about the spread of oil and gas exploration in southwest Texas. Some are angry about the increased traffic at the edge of the Permian Basin where rigs dot the landscape with bright lights at night. One environmental publication, DeSmog did a recent article on the impact around …
Earthquake reported in central Kansas
Earthquakes aren’t all that rare in southern Kansas where wastewater well operations have been blamed. But one quake was recorded late Monday in the central part of the state only about 8 miles from Salina, the city that sits at the junction of Interstate 70 and I-135. The U.S. Geological Survey indicated the 2.3 …
Plans are unveiled for $150 million liquid hydrogen plant
Plans have been unveiled for construction of a $150 million liquid hydrogen plant to be built in the western U.S. to make enough hydrogen to provide fuel for 35,000 fuel cell electric vehicles. The announcement was made by the Houston office of the French-owned industrial gas company Air Liquide. The company, with an office …
SEC filing reflects acquisitions of shares by NGL management
New filings with the Securities Exchange Commission reflected major share acquisitions by leaders of Tulsa-based NGL Energy Partners LP. The Nov. 26 filings indicated Michael Krimball, Chief Executive Officer had the largest acquisition of 300,000 shares in the company. Chief Financial officer and Executive Vice President Robert W. Karlovich III picked up 25,000 more shares …