The Obama administration is asking a federal judge in Houston to throw out the lawsuit filed in January by TransCanada in a challenge of President Obama’s rejection of the Keystone XL pipeline. The government filed paperwork recently asking U.S. District Court Judge Kenneth M. Hoyt to dismiss the lawsuit or grant summary judgment against TransCanada. …
June 2016 archive
Big Wind Farm Gets New Owner
A large wind farm in northern Colorado gets a new owner. Leeward Renewable Energy LLC announced that one of its subsidiaries has completed the purchase of BP Wind Energy North America Inc.’s 33 and a third percent membership interest in the Cedar Creek Wind 1 farm near Grover, Colorado. Grover’s a small community with about …
Schlumberger Continues Expansion Throughout the World
Another acquisition has been made by Schlumberger as it expands its holdings in the U.S. This time, the company has acquired Omron Oilfield and Marine Inc., based in Houston, Texas. Omron is considered a global leader in automation technology and solutions and has 139 employees. It designs, manufactures, sells, and provides aftermarket services for automated …
WTI, Brent Crude Retreat on Friday
Oil futures fell on Friday after marking three weeks of gains, according to Bloomberg MarketWatch. July West Texas Intermediate crude slid 55 cents, or 1.1%, to end trade on the New York Mercantile Exchange at $48.62 a barrel. August Brent crude, the global benchmark, tumbled 40 cents, or 0.8%, settling at $49.64 a barrel on …
Completion Reports June 6, 2016
BLAINE COUNTY Continental Resources Inc Mississippian(0): Oil 2345 Gas 5966 Water 1363 Flow 23 16N 10W Verona 1-23-14xh, May 03, 2016 HH, OIL, TD: 19997 ft Lat: 35.84174, Long: -98.24171 API: 35011235460000 Devon Energy Production Co Lp Mississippian(8982): Oil 287 Gas 635 Water 1036 Flow 1 16N 11W Three Sisters 31 1ah, April 23, 2016 …
Permits to Drill June 6, 2016
Alfalfa County LOIS 16-25-12 #1H, June 02 2016 16 25N 12W SWSWSESW API: 00323257 Lat: 36.63841682132825, Long: -98.49915171586856 CHESAPEAKE OPERATING LLC HH, DR, 11200 ft, MISSISSIPPIAN(5980) Logan County JONES #1-16, June 02 2016 16 17N 4W CS2SWSE API: 08324389 Lat: 35.94291458677923, Long: -97.62857395921691 ARROWHEAD ENERGY INC SH, DR, 6600 ft, LAYTON MID 5050 6 MISSISSIPPI(LIME), …
Senate Committee to Explore Impact of Court Stay on Clean Power Plan
The U.S. Senate Environment and Public Works Committee chaired by Oklahoma Sen. Jim Inhofe plans a hearing in the coming week exploring the implications of the U.S. Supreme Court stay on the EPA’s Clean Power Plan. The hearing will be held Thursday, June 9 at 8:30 a.m. Oklahoma time. The committee announcement said the purpose …
Oklahoma’s Rig Count Tumbles while Nation’s Count Grows
The latest figures from Baker Hughes Company in Houston, Texas show Oklahoma’s number of working oil and gas rigs dropped by two in the past week, reaching a total of 57. At the same time, the national count grew by four to hit 408. A year ago, Oklahoma had 106 working rigs and there were …
Legislature gets “C” from State Treasurer Ken Miller
In State Treasurer Ken Miller’s latest Oklahoma Economic Report, he graded the recently-concluded legislative session a “C,” stating the legislature ended the session with a balanced budget that avoided dreaded worst case scenarios. Writing in the report, Miller said the budget was a most difficult challenge but what the legislature came up with “leaves significant …
45 new Jobs with Quality Jobs Program Company in Tulsa
The Oklahoma Commerce Department says 45 new jobs will be created by another enrollment by a Tulsa company in the Qualify Jobs Program. The firm is Resolute Engineering LLC which provides engineering, design, project management and construction management services. State officials estimate the maximum benefits through the Quality Jobs Program will be more than $1 …