Tuesday , May 14 2024

ONEOK gets okay to move propane into Midwest

Tulsa-based ONEOK has won federal approval of a move to transport more propane into the Midwest because of a shortage of the fuel. The Federal Energy Regulatory Commission has voted in support of two amendments to oil pipeline tariffs to accomplish the move. ONEOK North System won the go-ahead to …

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Chesapeake warned its low prices could mean removal from NYSE

Weeks after some of its trusts received delisting warnings from the New York Stock Exchange, Chespeake Energy in Oklahoma City received the same warning in the past week. The NYSE warned the company that its trading of stock could be removed if the price of shares didn’t improve above $1. …

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Completion reports for December 5, 2019

Completion reports filed for December 5, 2019. COAL COUNTY Newfield Exploration Mid-con Inc Woodford(8475): Gas 7214 Water 441 Flow28 3N 11E Brown 0311 5h-33, April 17, 2019 HH, GAS, TD: 13900 ft Lat: 34.69608, Long: -96.15811 API: 35029213860000 ELLIS COUNTY Fourpoint Energy Llc Cleveland(8937): Oil 327 Gas 675 Water 708 Pump24 19N 26W Knowles 25×36-19-26 1ha, January 28, 2019 HH, …

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Permits to drill for December 5, 2019

Permits to drill issued on December 5, 2019. Alfalfa CountyWHITE 24-25-11 #2H, December 04 2019 24 25N 11W SESESWSW API: 00323392 Lat: 36.623473987560615, Long: -98.3391928892461 BCE-MACH LLC HH, DR, 10873 ft, MISSISSIPPIAN(5885) Blaine CountyGAMBILL FEDERAL #6-7-1XH, December 05 2019 07 18N 13W NESESWSW API: 01124246 Lat: 36.04432927924356, Long: -98.63303096343678 DERBY EXPLORATION LLC …

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State tax collections drop and Treasurer blames slowdown in oil and gas industry

For the first time in more than two and a half years, monthly Gross Receipts to the Treasury are less than collections from the same month of the prior year due to a number of key factors, State Treasurer Randy McDaniel announced Thursday. And he blamed what has happened in …

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SemGroup removed from Index following sale

Tulsa-based SemGroup Corp.’s takeover by Energy Transfer LP this week means SemGroup has been removed from the Tortoise North American Pipeline Index. The announcement was made Thursday by the Index  based in Leawood, Kansas. The Index is a float-adjusted, capitalization weighted index of pipeline companies organized with their principal places …

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Low oil prices don’t sway some firms from more drilling in Oklahoma

With a slight uptick in oil prices, energy companies aren’t backing off new drilling efforts in Oklahoma. Many are planning new projects. Wednesday’s release of permits to drill show Oklahoma City-based Continental Resources Inc. plans a three-well, single-pad effort at a site about 6 miles southwest of Blanchard in Grady …

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Newfield opts for SE Oklahoma gas well efforts

Houston’s Newfield Exploration Mid-Con Inc. didn’t ease up its drilling efforts in Oklahoma in the past few months as witnessed by the company’s continued filing of new completion reports—including a three gas well effort in southeast Oklahoma. The company filed a report showing completion of the Hoile Fed 1611 3h-25x …

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SemGroup shareholders approve merger with Energy Transfer

Tulsa-based SemGroup Corporation announced Wednesday its shareholders voted to approve the previously announced merger agreement whereby SemGroup will be acquired by Energy Transfer LP in a unit and cash transaction. At completion of the merger, SemGroup shareholders will receive $6.80 per share in cash and 0.7275 of an ET common unit …

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Completion reports for December 4, 2019

Completion reports filed for December 4, 2019. BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian: Oil 486 Gas 1116 Water 1340 Flow36 16N 11W Hoile Fed 1611 3h-25x, June 04, 2019 HH, OIL, TD: 20689 ft Lat: 35.81256, Long: -98.32104 API: 35011241200000 COAL COUNTY Newfield Exploration Mid-con Inc Woodford(8047): Gas 12148 Water 670 Flow29 3N 11E Cosper 0311 3h-29x, April 15, …

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