David House was named as the new president and chief executive officer of Tulsa’s Continuum Energy LLC as part of the company’s leadership transition plan, according to a report published in the Tulsa World. House succeeds Jason Few. According to the report, Continuum Energy operates dual headquarters in Tulsa and Houston. The company serves oil …
July 5, 2016 archive
Losses Abound on Tuesday for WTI, Brent and Natural Gas
Oil futures fell on Tuesday as investors were apprehensive above energy demand, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude dropped $2.39, or 4.9%, to end trading at $46.60 a barrel. On the London ICE Futures Exchange, August Brent crude, the global benchmark, shed $2.14, or 4.3%, to …
Completion Reports July 6, 2016
PITTSBURG COUNTY Newfield Exploration Mid-con Inc Woodford(10158): Gas 7152 Water 2266 Flow 19 5N 14E Lehnhard 1h-18x, March 19, 2016 HH, GAS, TD: 20335 ft Lat: 34.88882, Long: -95.86477 API: 35121247800001
Permits to Drill July 6, 2016
Carter County BRADY #156, July 05 2016 05 2S 2W SESWNWSE API: 01926223 Lat: 34.409689255165716, Long: -97.42893834149628 KODIAK OIL & GAS INC SH, DR, 2999 ft, HOXBAR(1500), DEESE(2000), SPRINGER(2500) Garvin County WISE #2, January 11 2016 33 3N 3E CNWNW API: 04925073 Lat: 34.693160953625004, Long: -97.00058370078757 VALLEY PETROL CONSULTING INC SH, DR, 3000 ft, CISCO(1100), …
Congress Returns to Work on Energy Bills
With the FBI finally deciding that Hillary Clinton was pretty sloppy and careless in the handling of her emails as Secretary of State but not worthy of criminal charges, Congress is back at work. The House returned today as many Oklahoma Representatives spent the day making flights to D.C. Senators are back on Wednesday …
Inhofe Supported in his Fight with EPA Over Clean Power Plan
The EPA Must Respect the Supreme Court’s Authority Harry C. Alford | The Hill June 29, 2016 On June 9, 2016, Sen. Jim Inhofe (R-Okla.), chairman of the Senate Environment and Public Works Committee, sent a letter to Janet McCabe, acting assistant administrator of the U.S. Environmental Protection Agency (EPA), following up on an earlier …
A Move Toward Transparency in Federal Agencies
In a move aimed at identifying government waste and improving transparency, U.S. Sen. James Lankford and Sen. Heidi Heitkamp (D-ND) have introduced a bipartisan bill. They call it the Inspector General Recommendation Transparency Act that would fill a gap in federal management and help Congress do a better job overseeing 73 federal agencies where Inspectors …
Canada to Gain from US Decision to get Out of Helium Business
A decision by the U.S. government to get out of the commercial helium business in the next five years has refiners and customers looking to Canada to fill their helium needs. A majority of the U.S. helium demand is filled by an underground reserve in Amarillo, Texas. The reserve supplies everything from party balloons to …
Eastern New Mexico Wind Farm Gets New Owner
California-based Pattern Energy Group Inc., a firm with 17 wind farm operations around the world including two in Texas and one in Kansas is spending $269 million to buy a majority interest in a 324-megawatt wind farm in New Mexico. Pattern purchased an 84 percent initial cash flow for Broadview Wind located 30 miles north …
How a Frog Blocked Weyerhaeuser Industry From Logging in Louisiana
Weyerhaeuser Company, the firm with big operations in southeast Oklahoma just ran into a federal court ruling in Louisiana and it focuses on the endangered dusky gopher frog. The Fifth Circuit recently rejected the timber giant’s appeal of the U.S. Fish and Wildlife Service’s decision to declare 1,600 acres of private property in Louisiana as …