Natural gas futures commanded center stage on Thursday, rallying to their largest one-day percentage gain of the year as weakened oil futures continued on a spiral decline, according to Bloomberg MarketWatch. On its first full trading day as a front month contract, September natural gas rose 21.3 cents, or 8%, to settle at $2.873 per …
July 28, 2016 archive
Completion Reports July 29, 2016
ELLIS COUNTY Le Norman Operating Llc Douglas(7363): Oil 136 Gas 1091 Water 282 Injectio 28 17N 24W Layla Lee 1h-21, May 15, 2016 HH, OIL, TD: 13187 ft Lat: 35.92526, Long: -99.75868 API: 35045236010000 GRADY COUNTY Marathon Oil Company Woodford(14420): Oil 66 Gas 1624 Water 1767 Flow 26 4N 5W Morris 1-26-23xh, June 11, 2016 …
Permits to Drill July 29, 2016
Carter County BRADY #159, July 28 2016 05 2S 2W NWSWNWSE API: 01926227 Lat: 34.40997777909812, Long: -97.43047993160903 KODIAK OIL & GAS INC SH, DR, 2999 ft, HOXBAR(1500), DEESE(2000), SPRINGER(2500) Creek County PULLER #20-4, July 28 2016 20 14N 8E CSESENW API: 03729346 Lat: 35.67617489266703, Long: -96.48671394881526 VETERAN EXPLORATION & PRODUCTION LLC SH, DR, 4000 ft, …
Oklahoma Congressmen Want Methane Rules Dumped by Interior Secretary
Nearly 60 Republican members of the U.S. House including three from Oklahoma, have asked U.S. Interior Secretary Sally Jewell to dump those new methane emissions standards because they contend they are a “solution in search of a problem.” Representatives Jim Bridenstine, Markwayne Mullin and Frank Lucas are among the 57 who signed a letter sent this …
Dems Target Oil and Gas but Take Their Money to Hold National Convention
As OK Energy Today pointed out this week, the Democratic Party’s 2016 platform takes a hard stand for ‘green’ energy and against oil, but as the Daily Caller noted, guess who’s not afraid to take big oil money for the political campaigns. That’s right, the Democratic party. Among those listed as sponsored of the national convention …
What a Difference a Year Made for Anadarko Petroleum
A year ago, Anadarko Petroleum Corp. reported making a profit in the second quarter of the year. This year, it’s a different story as the Houston, Texas based firm reported a second-quarter loss of $692 million. Its losses were $1.36 a share basis and adjusted for non-recurring costs, they came to 60 cents per share. …
Cap Expenses Cut a 3rd Time by ConocoPhillips
A few days after ConocoPhillips announced the cut of a thousand workers from the company payroll, causing some consternation in the company’s Bartlesville operation, the firm reported a cut in its 2016 budget for the third time this year. Amidst the crude oil slump that’s now in its second year, the company cuts the capital …
Texas Firm Gets Approval for Pipeline Across Iowa
DES MOINES, Iowa (AP) — The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision …
Oil Leak Contained off Louisiana Coast
Cleanup was underway this week off the coast of southeast Louisiana of an oil spill apparently caused by a leak from an abandoned pipeline. The U.S. Coast Guard said the leak happened near marshland along Lake Grand Ecaille, which is about 60 miles southeast of New Orleans. The owner of the abandoned line is listed …
Pruitt Joins Criticism of Democratic AGs Probing Exxon Over Climate Change
Oklahoma Attorney General Scott Pruitt is one of 13 Republican Attorneys General who recently fired off a letter to the Democratic attorney general in New York and a Massachusetts U.S. Senator chastising them for their climate change probe of Exxon. In the letter, the GOP Attorneys General say that if minimizing the risks of climate change can …
