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Marathon is now largest oil refiner in the U.S.
Marathon Petroleum Corp., the firm that was once part of Marathon Oil before the two companies were created separately wrapped up its $23.3 billion purchase this week of its Texas-based rival Andeavor. It makes Marathon, the largest U.S. oil refiner by capacity. Shareholders of both companies agreed to the purchase. The other Marathon, Marathon Oil …
Study suggests fewer quakes in Oklahoma and Kansas linked to oil and gas
Despite low level earthquakes reported in recent weeks, a new study claims the number of man-made earthquakes in Oklahoma and Kansas has been reduced following steps by regulators in the two states to control wastewater injection wells. The report also suggests there will be a continuing drop in potentially damaging quakes in the next few …
OnCue expanding into OKC’s urban core
The Oklahoman’s Steve Lackmeyer caught note this week that Oklahoma-based OnCue is expanding into Oklahoma City’s urban core. Already with more than 75 stores statewide, the company filed a zoning request this week for a store to be located at 1305 N Western Ave. The paper explained that OnCue is already building other stores in …
3Q report from WPX Energy to be released Nov. 1
Tulsa’s WPX Energy plans to release its third-quarter 2018 financial and operations results on Nov. 1. Management will also hold a webcast on that day beginning at 9 a.m. Oklahoma time. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged …
Routine SEC filing by Chesapeake Energy
A filing with the Securities and Exchange Commission was made this week by Oklahoma City-based Chesapeake Energy. It pertained to the sale of shares by a Chesapeake Executive. Click here to view.
Cheaper gasoline prices will greet those heading to Dallas for the Red River Showdown
Heading to Dallas for the Red River Showdown in Dallas? AAA Oklahoma says drivers will find cheaper gasoline in Texas than in Oklahoma. AAA reports the Oklahoma gas prices are 8-cents higher per gallon than those in Texas—$2.72 in Oklahoma versus $2.64 in Texas. Texas has the eighth lowest gas prices in the nation this week. …
Permits to drill on October 2, 2018
Permits to drill on October 2, 2018. Creek County SAM LUCAS #13W, October 02 2018 04 18N 7E SENESWNE API: 03729414 Lat: 36.07071017652211, Long: -96.5714928856611 PETCO PETROLEUM CORP SH, DR, 2800 ft, SKINNER(2415), RED FORK(2485), BARTLESVILLE(2575) Dewey County BRADEN 12-17N-19W #1CH, October 02 2018 13 17N 19W SWNWNENW API: 04323661 Lat: 35.95536744780802, Long: -99.18092502033713 WHITE STAR PETROLEUM …
Completion reports for October 2, 2018
Completion reports for October 2, 2018. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(11855): Oil 183 Gas 3272 Water 783 Flow 15 15N 13W Cedar Ranch 1513 1h-15, May 31, 2018 HH, GAS, TD: 16983 ft Lat: 35.78230, Long: -98.56279 API: 35011239490000 CANADIAN COUNTY Marathon Oil Company Woodford(9484): Oil 256 Gas 1005 Water 1271 Flow 9 13N 7W Siegrist 1307 3-9wh, May 23, 2018 HH, OIL, TD: …
More rumbling and shaking in southern Kansas and northern Oklahoma
Southern Kansas was shaken early Wednesday morning by a 3.5 magnitude earthquake that was followed by one in Oklahoma. The U.S. Geological Survey said the epicenter was around the small town of Runnymede or about 42 miles southwest of Wichita. The quake rumbled at 2:36 a-m and was the latest in a series of small …
NextEra Energy agrees to stop wind farm construction over military airspace fight
Attorney General Mike Hunter on Tuesday announced an agreement between NextEra Energy Resources and the Oklahoma Strategic Military Planning Commission (OSMPC) that will halt construction of a windfarm along a route of airspace the United States Air Force uses for training to allow the Department of Defense (DOD) to complete a mitigation plan. Other than …