April 2016 archive

Rep. Russell Wages Fight against New Space Rocket Engines

  Before joining others on the U.S. House Armed Services Committee in approving a $610.5 billion National Defense Spending bill this week, U.S. Rep. Steve Russell waged a fight against spending billions on new engines for America’s space rockets. As the Committee hearing seeped into the early morning hours of Thursday, the Congressman said his …

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New Leader Named to Head Merged Companies

Longtime Questar Corp. executive Craig C. Wagstaff has been chosen to lead the western U.S. natural gas operations once Questar completes its merger with Dominion  He’s the current president of Questar Gas and will become president of Dominion Questar. the new firm will be based in Salt Lake City. The merger will also create an …

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WTI Crude Futures Rise Above $45 a Barrel

Oil futures climbed on Wednesday to finish at levels last seen in November, as traders turned their attention to U.S. crude production, which fell for a seventh straight week. Prices had pared gains in the immediate wake of U.S. government data released early Wednesday showing that crude supplies rose for a third week in a …

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T. Boone Pickens Endorses Donald Trump for President

Texas energy investor T. Boone Pickens predicts New York business entrepreneur Donald Trump will win the Republican presidential nomination and the White House. The CEO and Chairman of BP Capital Management said in a recent interview that Trump would be the only candidate to push real change in the US. Pickens, an Oklahoma native and …

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Completion Reports April 28, 2016

ALFALFA COUNTY Chesapeake Operating Llc 15 27N 11W A C Land & Cattle 22-27-11 1h, April 11, 2016 HH, TA, TD: 10633 ft Lat: 36.81215, Long: -98.37113 API: 35003231640000 CANADIAN COUNTY Chesapeake Operating Llc 12 14N 5W Chupa Swd 1-12, February 14, 2016 SH, DISP, TD: 10754 ft Lat: 35.70488, Long: -97.67860 API: 35017237860001 KAY …

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Permits to Drill April 28, 2016

Ellis County WHITETAIL 14 PA #1HM, April 27 2016 14 19N 26W SWSWSESE API: 04523606 Lat: 36.11595502604216, Long: -99.93854078801333 MEWBOURNE OIL COMPANY HH, DR, 13257 ft, MARMATON(8800) Mcclain County CHAMPLIN #1-14, April 26 2016 14 5N 4W S2NWNENE API: 08721802 Lat: 34.91196359720637, Long: -97.5858320792968 ELDER CRAIG OIL AND GAS LLC SH, RC, 11683 ft, HART(8933), …

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Baker Hughes Posts $981 Million Loss in First Quarter

Houston-based Baker Hughes Incorporated posted a $981 million loss in the first quarter of 2016, widening significantly from the same period a year ago, according to the company’s press release. The world’s third largest oilfield services provider reported a bigger quarterly loss on Wednesday, hurt by a continued decline in drilling activity. Baker Hughes attributed …

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Legislator Says Earthquakes Will Be With us for Decades because of Wastewater Wells

A Democratic legislator who is also a candidate for Corporation Commission contends that Tuesday’s earthquakes around northeastern Oklahoma County reinforces the contention they are being caused by wastewater injection wells. Rep. Richard Morrissette also believes it means the state will experience seismic activity for years to come, if not decades because “so much saltwater associated …

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Bridenstine Amendment Adopted to Speed up LNG Exports

  Oklahoma U.S. Rep. Jim Bridenstine walked away with a victory in the House Armed Services Committee on Wednesday when it adopted his amendment to speed up Energy Department decisions on approving Liquefied Natural Gas exports. He called it a “big win” for Oklahoma’s natural gas industry since the state is the fourth largest natural gas …

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Williams Faces Uphill Fight for East Coast Pipeline

A proposed $1.2 billion PennEast Pipeline proposed by Tulsa-based Williams Partners L.P. in conjunction with three other firms faces an uphill road after a regional regulatory agency in Pennsylvania indicated this week it wants to carry out an independent review of the project. Williams is in partnership with Cabot Oil and Gas Corp., Piedmont Natural …

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