November 2, 2016 archive

Record Weekly Stockpile Jump Leads to Sinking Crude Oil Settlements on Wednesday

Oil futures dropped to five-week lows on Wednesday after government data confirmed that crude oil stockpiles surged by more than 14 million barrels, according to Bloomberg MarketWatch. December West Texas Intermediate crude plunged $1.33, or 2.9%, to settle at $45.34 a barrel on the New York Mercantile Exchange, marking the lowest settlement since September 27. January …

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Completion Reports November 3, 2016

  CLEVELAND COUNTY Casillas Petroleum Corporation 22 10N 2W Anna Gross (Gross 1) 1, November 01, 2016 SH, DRY, TD: 7982 ft Lat: 35.32146, Long: -97.40381 API: 35027352850002 DEWEY COUNTY Tapstone Energy Llc Mississippian(9387): Oil 364 Gas 6158 Water 1090 Flow 3 18N 16W Sportsman 3-18-16 1h, September 18, 2016 HH, GAS, TD: 15766 ft …

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Permits to Drill November 3, 2016

  Beckham County PARKS #1-27, November 01 2016 27 11N 26W CSENWNW API: 00921424 Lat: 35.404942798945655, Long: -99.94368775638576 ENERVEST OPERATING LLC SH, RC, 16657 ft, VIRGIL(7100), GRANITE WASH UP (MO)(10800), GRANITE WASH LOW (DES MOINES)(12700), ATOKA(14600) Blaine County COETTA #1-15-10XH, November 01 2016 22 16N 11W NWNWNWNW API: 01123678 Lat: 35.85496124510697, Long: -98.36577574144533 CONTINENTAL RESOURCES …

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New Interstate 40 Interchange to be Dedicated in El Reno

A new $17 million Interstate 40 interchange will be dedicated Thursday morning at El Reno. Gov. Mary Fallin will be joined by other dignitaries in dedicating the project that began four years ago with a vow from Oklahoma City-based Chesapeake Energy to contribute land for the creation of the Radio Road interchange. “It’s a rare …

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Latest Pawnee Earthquake Intensifies Frustration of Pawnee Nation Leader

Pawnee Nation Executive Director Andrew Knife Chief didn’t feel the latest earthquake to shake Pawnee and his tribal headquarters. But it didn’t take long for him to be awakened by phone calls and messages that a 4.5 magnitude quake had struck the area Tuesday night. “We had some more plaster fall down, we had dust …

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State and Federal Officials are Reviewing Latest Pawnee Earthquake

Oklahoma and federal agencies are reviewing data from the 4.5 magnitude Tuesday night earthquake near Pawnee to consider what recommendations to make regarding wastewater injection wells in the area. “We started working early this morning with the EPA, as you know, they have jurisdiction over the Osage County operations and data,” said Matt Skinner, a …

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Magellan Midstream Reports 3Q Earnings for 2016

Tulsa-based Magellan Midstream Partners, L.P. reported a net income of $194.6 million for third quarter 2016 compared to $251.0 million for third quarter 2015, according to earnings reports released Wednesday. The decrease in current year net income was attributed to reduced profits from the partnership’s commodity-related activities due to pricing adjustments for hedging positions which …

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Forum on Earthquakes and Oilfield Wastewater Recycling to be Held Wednesday at State Capitol

Oklahoma State Rep. Richard Morrissette will host a forum on Wednesday morning to hear from Oklahomans who have experienced property damage from earthquakes and discuss oilfield wastewater recycling. The meeting will be held at the State Capitol in Room 432-B at 11:00 a.m. The Oklahoma City legislator is highly critical of the pace with which …

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Pawnee Struck by 4.5 Magnitude Quake on Tuesday Night

A 4.5 magnitude earthquake rattled north central Oklahoma late Tuesday night. The earthquake happened around 11:25 p.m., making it the third earthquake registering over 3.0 to strike since Tuesday. It’s also the strongest since the 5.8 magnitude temblor that occurred in Pawnee in early September. The U.S. Geological Survey reported the epicenter was near Pawnee, …

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OG&E and OnCue Roll Out Electric Vehicle Supercharger Station in Yukon

Metro area drivers will have a new location to quickly charge their electric vehicles due to a pilot project and partnership between OG&E and convenience store chain, OnCue. The level 3, DC fast charging high power station is located at OnCue, 1000 North Czech Hall Road in Yukon. With the addition of the Yukon supercharging …

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