Author's posts
Worldwide demand grows for jet fuel—–especially in Asia
A new report indicates the demand for jet fuel is growing worldwide—thanks to low oil prices, a fast-growing and expanding middle class in Asia and booming freight markets. It’s not just at airports in Oklahoma City, Tulsa and around the Midwest. But there is a potential risk of a greater penetration of sustainable aviation fuels …
3Q report from Williams at the end of the month
Tulsa’s Williams company plans to announce its third quarter 2018 financial results later in the month. The release will be made after the close of markets on Wednesday, Oct. 31, 2018. An earnings conference call and webcast with analysts and investors will be held the following day, Nov. 1 at 8:30 a.m. Central Time. …
State’s latest earthquakes hit Tuesday and Wednesday
Yup! Another earthquake in northern Oklahoma. Not one but two more. A 3.1 magnitude earthquake was recorded at 5:24 a.m. on Wednesday. The U.S. Geological Survey put the epicenter near the community of Hibsaw which is about 16 miles northeast of Luther. Its depth was at 3 miles. A 2.9 magnitude quake was recorded …
Permits to drill for Oct. 9, 2018
Permits to drill issued on Oct. 9, 2018. Canadian County MARGARET 32-12-6 #2H, October 09 2018 29 12N 6W SESWSESE API: 01725283 Lat: 35.479671853455095, Long: -97.8512906229444 JONES ENERGY LLC HH, DR, 13927 ft, MISSISSIPPIAN(9127) Dewey County KARMIN #1-22-15XHW, January 11 2018 22 16N 15W NESWSWSW API: 04323587 Lat: 35.84218804903509, Long: -98.79021033767674 CONTINENTAL RESOURCES INC HH, AM, 23233 …
Completion reports for Oct. 9, 2018
Completion reports for Oct. 9, 2018. KINGFISHER COUNTY Newfield Exploration Mid-con Inc Mississippian(9923): Oil 70 Gas 1459 Water 147 Flow 17 15N 9W Judy 1509 4h-17, May 07, 2018 HH, GAS, TD: 15536 ft Lat: 35.76935, Long: -98.18273 API: 35073259070000 Newfield Exploration Mid-con Inc Mississippian(9930): Oil 243 Gas 2400 Water 178 Flow 17 15N 9W Judy 1509 3h-17, May 07, 2018 HH, OIL, TD: 15505 ft …
AEP closing still another coal plant
American Electric Power, the parent company of Public Service Company of Oklahoma has plans to close yet another of its coal operations. Word came this week that AEP plans to shut down its coal-fired power plant at Conesville, Ohio by the end of May 2020. The move comes after devaluation of the plant and previously …
Environmental concerns prompt state to suspend chicken farm applications
Growing concerns over water pollution and opposition by residents in eastern Oklahoma prompted Oklahoma Agriculture Secretary Jim Reese this week to suspend applications for any more poultry farms in the state. On Monday, he suspended the department’s acceptance and processing of registration applications. In the past several months, residents of some communities in the …
OKC’s Riley Permian is going public
Oklahoma City’s Riley Exploration Permian, Inc. announced it has launched an initial public offering of more than 6.6 million shares of common stock. Riley’s an independent Oklahoma oil and natural gas company whose exploration and developments are in the Permian Basin. The anticipated initial offering price is between $14 and $16 per share for 6,666,667 …
Williams gets strong commitments for natural gas pipeline expansion on East Coast
Tulsa’s Williams company announced it’s executed binding, 15-year commitments from two companies to transport natural gas through its proposed Leidy South expansion project along the East Coast. The commitments came from Seneca Resources Company, LLC and Cabot Oil and Gas Corporation. The two agreed to fill the line at 100 percent for the 580 million …
Wrecker registration changes made by state regulators
Wrecker operators in Oklahoma got notices this week of a change in the registration system maintained by the Oklahoma Corporation Commission. The Commission sent notices this week that the Commission’s IRP commercial vehicle registration system had been changed. The commission added a new vehicle type to the system to make sure vehicles in the system …