OXY said profit from the California oil producer it’s spinning off to shareholders next month fell during the third quarter as crude prices slid and production costs increased.
California Resources Corp. (CRC-W), as the unit will be known when it becomes a stand-alone company, had net income of $188 million during the July-to-September period, compared with $235 million a year earlier, Houston-based Occidental said in a statement today.From a press release, ONEOK increases it's quarterly cash dividend:
The board of directors of ONEOK, Inc. today increased ONEOK's quarterly cash dividend by 1.5 cents per share, or 3 percent, to 59 cents per share, effective for the third quarter 2014, resulting in an annualized cash dividend of $2.36 per share. The dividend is payable Nov. 14, 2014, to shareholders of record at the close of business Nov. 3, 2014.
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- 27965, drl, XTO, Kathy 31X-15H, Tioga, no production data,
- 27983, drl, Statoil, Paulson 36-1 8TFH, Briar Creek, no production data,
| 10/22/2014 | 10/22/2013 | 10/22/2012 | 10/22/2011 | 10/22/2010 | |
|---|---|---|---|---|---|
| Active Rigs | 193 | 182 | 185 | 195 | 151 |
Fifteen (15) new permits:
- Operators: Slawson (5), Zavanna (4), Whiting (2), Abraxas (2), Crescent Point, Zargon
- Fields: Big Bend (Mountrail), Stockyard Creek (Williams), Timber Creek (McKenzie), North Fork (McKenzie), Little Muddy (Williams), Mackobee Coulee (Renville)
- Comments:
- 26267, 1,672, Petro-Hunt, Van Hise Trust 153-95-28D-21-6H, Charlson, t9/14; cum --
- 26801, 663, Hess, SC-Tom-153-98-1514H-6, t9/14; cum --
- 27226, 1,051, Hess, BW-R Peterson-149-99-1102H-3, Cherry Creek, t9/14; cum --
- 27297, 589, Hess, EN-Ortloff-156-94-2635H-4, Big Butte, t9/14; cum --
- 27592, 780, Slawson, Challenger Federal 5-29-32TFH, Big Bend, t8/14; cum 10K 8/14;
- 27593, 519, Slawson, Challenger Federal 3-29-32H, Big Bend, t9/14; cum 12K 8/14;
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