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Permian Basin shaken by two weekend earthquakes
West Texas was shaken by two earthquakes over the weekend, each in the Permian Basin where there has been massive oil and gas exploration. The first measured 2.9 magnitude and occurred early Saturday morning at 2:49 near the town of Coyanosa, which is located about 66 miles west of Odessa, Texas. The U.S. Geological …
Rig count remains steady in Oklahoma while national count is up one
The number of oil and gas rigs remained at 141 in Oklahoma in the past week compared to the previous week. Nationally, the count increased by one to reach 1,068. The national count saw a growth of 2 more oil rigs to reach 875 while the number of gas rigs fell by one to land …
Permits to drill for Oct. 26, 2018
Permits to drill for Oct. 26, 2018. Alfalfa County RBS FAMILY 13-25-11 #1H, October 26 2018 13 25N 11W NENWNWNE API: 00323347 Lat: 36.65156377172021, Long: -98.33137487147404 BCE-MACH LLC HH, DR, 10464 ft, MISSISSIPPIAN(5775) Alfalfa County PORTER 33-26-11 #2H, October 26 2018 33 26N 11W NWNENWNE API: 00323345 Lat: 36.69497709740541, Long: -98.38406989220886 BCE-MACH LLC HH, DR, 10638 ft, …
Completion reports for Oct. 26, 2018
Completion reports for Oct. 26, 2018. GARVIN COUNTY Continental Resources Inc Sycamore – Woodford: Oil 542 Gas 798 Water 1832 Flow 27 1N 1W Wiley 1-27-28xh, March 24, 2018 HH, OIL, TD: 19693 ft Lat: 34.53201, Long: -97.29178 API: 35049251670000
Convicted oil districtor’s 11,000 sq ft mansion to be auctioned this week
Months after former Oklahoma oil distributor Jack Jim Clark pleaded guilty to stealing $10 million in a tax scheme, one of his homes, a more than 11,000 square foot mansion will be sold at auction this week in Oklahoma City. The home at 11,600 Mill Hollow Court was seized by the Internal Revenue service and …
Oklahoma says farewell to the drought
Thanks to the continuing rainfall, very little of Oklahoma is experiencing dry conditions and the state is free of any reported drought conditions. Gone are the dry and dusty roads. Instead energy workers in the state are dealing with muddy roads as they travel to wind farms, well sites and electrical repair sites. The latest …
Colder and wetter winter for Oklahoma—-David Payne’s forecast
Whether they’re working on construction of a wind farm, drilling an oil and gas well or repairing electrical power lines, energy workers in Oklahoma will find a colder and wetter winter coming ahead. It’s the prediction of KWTV Chief Meteorologist David Payne who says we will definitely get more snow over the next four to …
ONEOK shareholders to get 85 cent dividend
Tulsa-based ONEOK’s declared a dividend for the third quarter of the year. The board o directors approved the dividend of 85.5 cents per share which results in an annualized dividend of $3.42 a share. The dividend will be payable Nov. 14 to shareholders of record at the close of business Nov. 5, 2018.
More solar power projects are going up in Colorado along I-70
Half a dozen towns along Interstate 70 in Colorado are getting solar energy operations. Pivot Energy and Standard Solar, two leading national solar companies are behind the 10.3 megawatt projects that will provide power to towns, school districts and low income housing authorities. Standard Solar will finance, own, and maintain the six community solar gardens …
Cypress Energy announces 3Q cash distribution
Tulsa-based Cypress Energy Partners, L.P. is reporting a 21-cent a share third quarter cash distribution. The company’s board of directors okayed the distribution which is unchanged from the second quarter of 2018. The distribution will be payable on Nov. 14, 2018 to all unitholders of record on Nov. 7, 2018. When the second quarter distribution …