April 2016 archive

Worker Embezzled $450,000 from Houston Energy Firm

An 80-year federal prison sentence could be awaiting a former financial employee who embezzled more than $450,000 from the Southwestern Energy Company in Houston, Texas. Kendra Walker, 28 pleaded guilty this week to wire fraud counts and is free on bond waiting to be sentenced.  She worked in the company’s accounts payable department and stole …

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51-week Low for Nation’s Ethanol Production

Another drop in the nation’s ethanol production is reported by the U.S. Energy Information Administration. Production averaged 927,000 barrels a day or 38.93 million gallons a day which is a drop of 12,000 barrels daily from the previous week. It also represents a 51-week low for ethanol production in the U.S. the EIA indicated the …

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EDF Renewable Energy Expands with New Acquisition

EDF Renewable Energy, the firm building the Great Western wind farm in northwest Oklahoma has just acquired Global Resource Options, Inc, a privately owned company that provides development and turnkey engineering, procurement and construction. It allows EDF to expand further into other renewable energy forms. The acquisition, according to the announcement by EDF makes it …

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House Committee Hears Pleas to Prevent Methane Flaring on Federal Lands

Members of the U.S. House Committee on Natural Resources were told this week that proposed new rules governing the flaring and venting of natural gas from wells on federal lands is needed.  It’s what they hard from some of those who testified Wednesday during a hearing into the Bureau of Land Management’s Regulatory Overreach into …

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Lankford Not Giving up on Forcing Government to Maintain Federal Lands

Oklahoma U.S. Sen. James Lankford isn’t giving up on forcing the U.S. government to take care of the more than 600 million acres of land it owns in this country.  It’s his vow after his amendment to allocate money for maintenance of the land failed in the Senate. “The federal government is a terrible landlord,” …

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New Law Boosts Pipeline Violations to $1 million

Three more energy-related bills have been signed into law by Governor Mary Fallin including one that increases fines and penalties up to $1 million for violations of state pipeline safety laws. House Bill 2444 by Rep. Terry O’Donnell and Sen. Jason Smalley boosts the daily civil penalty from $10,000 to $100,000 and the maximum civil …

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Oil Prices Rise After API Data Confirms Surprise Fall in Crude Supplies

Oil futures settled higher Tuesday as traders weighed the prospects for a decline in crude production, according to Bloomberg MarketWatch. The market also awaited the closely watched U.S. Energy Information Administration weekly report on crude supplies due Wednesday. On the New York Mercantile Exchange, June West Texas Intermediate crude added $1.40, or 3.3%, to settle at …

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Completion Reports April 27, 2016

ALFALFA COUNTY Chesapeake Operating Llc 15 27N 11W Kraus 15-27-11 2h, April 11, 2016 HH, TA, TD: 10101 ft Lat: 36.81215, Long: -98.37108 API: 35003231590001 Chesapeake Operating Llc 15 27N 11W Kraus 15-27-11 1h, April 08, 2016 HH, TA, TD: 10135 ft Lat: 36.81215, Long: -98.37119 API: 35003231600000 GARFIELD COUNTY U S Energy Development Corporation …

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Permits to Drill April 27, 2016

Blaine County LEHMAN #1-11H, April 26 2016 11 15N 11W SWSESESE API: 01123601 Lat: 35.78362214479591, Long: -98.33244240276765 CIMAREX ENERGY CO HH, DR, 15897 ft, MISSISSIPPIAN(9860), WOODFORD(11375) Coal County STELLA TUCKER #3-22/27H, April 26 2016 15 1N 10E SWNWSESW API: 02921335 Lat: 34.5515485283461, Long: -96.24431540425432 BRAVO ARKOMA LLC HH, DR, 18860 ft, WOODFORD(7335) Coal County STELLA …

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Inhofe and Boxer Unveil new Water Resources Development Act

Oklahoma U.S. Senators Jim Inhofe and Barbara Boxer on Tuesday released their various of The Water Resources Development Act of 2016. Inhofe is chairman of the Senate Environment and Public Works committee and Boxer, a Democrat from California is the ranking minority member. Their Act authorizes 25 critical Army Corps projects in 17 states. “These …

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