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Permits to Drill Dec. 21-27, 2017
COUNTY Well name Operator HOLE PERMIT SCTN TWN RNG SPOT Approval Date Scan Date API Document Kingfisher BULLIS 1-17-7 1HC CHESAPEAKE OPERATING HH DR 1 17N 7W SE SW SW SE Dec-21-2017 Dec-21-2017 07325870 500625455 Kingfisher HORNED FROG SWD #1 CHISHOLM OIL & GAS O HH DR 1 18N 6W NW NW NW SW Dec-21-2017 …
Completions for Dec. 21-27
COUNTY Well name OPERATOR SCTN TWN RNG SPOT Completion Date Oil Gas Water Scan Date API Document Grady SCHMIDT 1-10H UNIT PETROLEUM COMPA 10 6N 8W NE SE SW SW Nov-21-2017 832 835 1313 Dec-27-2017 05124188 500625810 Kingfisher JANE 1509 1H-17 NEWFIELD EXPLORATION 16 15N 9W SW SW SW SW May-23-2017 346 3880 535 …
Attorney General Asks for Rate Reductions at 5 Utilities
Weeks after Oklahoma Corporation Commissioner Bob Anthony called for rate reductions at utilities because of the new tax reforms, Attorney General Mike Hunter took action to do just that. Hunter filed five motions with the Commission asking for an immediate reduction in customer rates from the state’s leading utility companies. His move came after Commissioner …
OGE Sends Trucks to Puerto Rico
Never any rest for a lineman. And that’s just what OG and E crews confirmed this week as a convoy of 50 trucks left for Lake Charles, Louisiana to eventually be shipped by barge to Puerto Rico. Puerto Rico still has major power issues following this past fall’s hurricane Maria. Crews from Oklahoma Gas and …
Oklahoma Gasoline Prices Hit $2.19 a Gallon
Low gasoline prices in Oklahoma will continue into the New Year’s weekend as they average $2.19 a gallon, fifth lowest in the country. AAA Oklahoma says the national average is $2.44 a gallon, up two cents from a week ago. The cheapest gasoline is in Alabama where the average is $2.17. Most expensive is Hawaii …
Lawsuit Over Failed 2015 Merger of Williams and ETE to Go to Trial
Energy Transfer Equity’s failed 2015 merger with The Williams Cos. in Tulsa has come back to bite the Dallas-based company in the back. A lawsuit filed in April 2016 by Kessler Topaz on behalf of common unitholders of ETE is set to go to trial in Delaware. It is scheduled in February of 2018. The …
4Q Results to be Released Feb 2 by Phillips 66
Phillips 66 with its heavy interest in Oklahoma plans to announce its fourth quarter 2017 financial results in a little more than one month. Executive management will host a conference call at 11 a.m.on Friday, Feb 2, 2018 to discuss the results which will be released earlier in the day. They will also provide an …
New CEO Named at Tulsa’s Empire Petroleum
Tulsa-based Empire Petroleum Corporation gets a new Chief Executive Officer. Long-time leading energy investment banker Thomas “Tommy” Pritchard was named CEO this month. At the same time, the company announced its purchase of nearly 14,000 gross developed and undeveloped acres and 70 producing wells in North Louisiana. The wells produce about 500 gross barrels of …
Continental Resources Extends Pipeline Deal with Tallgrass Energy
Pipeline and storage operator Tallgrass Energy Partners, LP based in Leawood, Kansas announced this week that Oklahoma City-based Continental Resources, Inc. exercised its contractual right to extend its agreement with the company. The agreement pertains to Continental’s shipment of crude with the Belle Fourche Pipeline Company and TEP’s subsidiary, Tallgrass Pony Express Pipeline, LLC. The …
WTI Climbs Above $60 for First Time in 2 and a Half Years
With West Texas Intermediate prices climbing above the $60 mark this week, it was due to a pipeline that exploded in Libya. As a result of the explosion, a large part of supply was knocked offline. The rise above $60 a barrel was the first time in two and a half years that WTC hit …