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20% increase in earnings for coal company based in Tulsa
Coal mining’s Alliance Resource Partners, L.P of Tulsa announced a more than 20 percent in earnings for the third quarter of 2018 compared to a year ago. Alliance is the second largest coal producer in the eastern part of the U.S. with eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. …
Enable Midstream Partners to release 3Q results next week
Oklahoma City pipeline operator Enable Midstream Partners plans to release its third quarter 2018 earnings report on Wednesday, Nov. 7, 2018. The firm will make known the report before the open of market then hold a conference call at 7 a.m. Oklahoma time. Figures will pertain to Enable’s 13,300 miles of natural gas and crude …
Holly Energy reports increased 3Q earnings
Holly Energy Partners, L.P. the Dallas firm with a refinery in Tulsa announced increased third quarter earnings of $45 million or 43 cents a share. The earnings were up from the $42.1 million and 66 cents a share reported in the third quarter of 2017. The distributable cash flow was $66.6 million for quarter which …
Chesapeake announces $4 billion purchase of Houston firm while it finalizes $2 billion sale of Utica shale holdings
Just as Oklahoma City’s Chesapeake Energy announced it has completed the nearly $2 billion sale of its nearly 1,500,000 acres and holdings in the Utica Shale operating area of Ohio to Houston’s Encino Acquisition Partners, it’s announced the nearly $4 billion purchase of a Houston exploration company. Chesapeake said it’s entered into an agreement to …
Devon finds more success in Kingfisher County
Devon Energy Production is reporting three more Kingfisher county wells in Oklahoma’s STACK play including one producing more than 1,000 Boed. The completion reports issued Monday by the Oklahoma Corporation Commission showed all three wells were drilled on the same pad located at 4 16N 9W located midway between Kingfisher and Watonga. The Mosasaurus 4-16n-92 …
Completion reports for Oct. 29, 2018
Completion reports for Oct. 29, 2018. KINGFISHER COUNTY Devon Energy Production Co Lp Mississippian (less Chester)(8794): Oil 796 Gas 3137 Water 1725 Pump 4 16N 9W Mosasaurus 4-16n-9w 11h, April 28, 2018 HH, OIL, TD: 13975 ft Lat: 35.88527, Long: -98.15673 API: 35073257030001 Devon Energy Production Co Lp Mississippian (less Chester)(8844): Oil 455 Gas 1329 Water 2763 Pump 4 16N 9W Mosasaurus 4-16n-9w 14h, April 29, …
Permits to drill for Oct. 29, 2018
Permits to drill for Oct. 29, 2018. Canadian County SWITZER 5-8-11-5 #4MXH, August 28 2018 05 11N 5W NENENWNW API: 01725261 Lat: 35.46350386589809, Long: -97.75675706420775 ROAN RESOURCES LLC HH, AM, 18986 ft, MISSISSIPPIAN(8450)
Corporation Commissioner Anthony reappointed to national regulatory board
Oklahoma Corporation Commissioner Bob Anthony has been reappointed to the Board of Directors of the National Association of Regulatory Utility Commissioners. The appointment was made by NARUC’s president John W. Betkoski and the new term ends Oct. 31, 2022. While Anthony was a member of the Association, he was elected chairman of the National Regulatory …
Altus police get big donation from CenterPoint Energy
The Altus Police Department got improved technology this week, thanks to a donation of 40 mobile data laptop terminals from CenterPoint Energy. The company is in the process of replacing these laptop terminals used for field technician trucks; the donated units will support field officers of the Altus Police Department. “Safety is one of CenterPoint …
ONE Gas reports drop in 3Q earnings
Tulsa’s ONE Gas, Inc. is reporting third quarter 2018 net income of $16.3 million or 31 cents a share, a drop from the $18.8 million and 36-share earnings reported a year ago. Year-to-date 2018 net income is $127.5 million or $2.41 per diluted share which is better compared to a year ago when the net …