Author's posts
Companies Form Joint Venture to Reopen Gas Line
Two major energy companies have joined forces to resume service on another pipeline to carry product directly out of the Permian basin to the coastal refineries. Enterprise Products Partners L.P. of Houston and Energy Transfer Partners, L.P. of Dallas formed a 50/50 venture to resume service of the Old Oceannatural gas pipeline that has …
Michigan Oil Spill Estimated to Cause $6 billion in damage
An environmental study claims the damage from an oil spill at Michigan’s Straits of Mackinac could result in a $6 billion impact on the state’s economy. The study was carried out by FLOW, a science, law and policy center in Traverse City, Michigan and focused on the Line 5 spill that happened in April when …
Dividend Declared by ConocoPhillips
ConocoPhillips, the company with a large operation in Bartlesville has announced a quarterly dividend of 28.5 cents a share. The company said it will be payable June 1 to stockholders of record at the close of business May 14, 2018. Now headquartered in Houston, ConocoPhillips not only has a refinery operation in Ponca City but …
State to Hold VW Settlement Hearing on Tuesday
The state holds a public hearing Tuesday, May 8 as part of its multi-million dollar settlement with Volkswagen following the car makers admitted emissions scandal. As OK Energy Today reported last month, in order for Oklahoma to get the $21 million share of the total U.S. settlement made by VW, it must created a Beneficiary …
Phone Records Could be Damning for Wind Industry in Tracking Incident of Legislator
An Austin, Texas political consultant who allegedly hired private investigators to put a GPS tracking device on the pickup truck of anti-wind legislator Rep. Mark McBride of Moore could be subpoenaed this week by an Oklahoma multi-county grand jury. The subpoena of George C. Shipley could come after the Oklahoma State Bureau of Investigation found …
Former Refinery Cleanup Halted at Comanche
Phillips 66 indicated that it could be weeks before work resumes on cleanup of a former DX-Sunray refinery near Comanche in southwest Oklahoma because of the presence of dangerous and possibly toxic fumes coming from the site. Over the past few weeks, there have been instances of neighbors turning ill and requiring medical treatment due …
Rig Counts Grew in Oklahoma and the U.S. in Past Week
Drilling activity is on the increase in the U.S. as rig counts in Oklahoma went up by 2 to hit 135 and the national count grew by 11 to 1,032. Reports from Baker Hughes Co. and the Independent Oil and Gas Association in Kansas showed increases in oil and gas drilling. The national count included …
Hamm Strikes it Richer with Multi-Pad Drilling Sites in STACK
There is good reason why Harold Hamm is smiling these days. His company Continental Resources’ multi-pad drilling in Blaine County has resulted in wells producing a combined total of nearly 15,000 barrels of oil a day. It is another case of the STACK offering massive production. Completion reports filed recently showed two sites, the Gillian …
Permits to Drill April 26-May 2
This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between April 26th and close of business on May 2nd. There are two links on each line: – The SPOT link will take you to the well location on Google Maps. So, if you need it, this will …
Completion Reports April 26-May 2
Here is the Weekly Completions Report. The table below provides a summary of the Completion tickets (Form 1002A) that have been published between April 26th and close of business on May 2nd. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT …