November 20, 2016 archive

WTI, Brent Crude, Natural Gas Rise on Friday

Oil futures finished slightly higher on Friday, as traders looked for clues as to whether OPEC members will be able to complete a deal later this month to curb production levels, according to Bloomberg MarketWatch. December West Texas Intermediate crude┬árose 27 cents, or 0.6%, to settle at $45.69 a barrel on the New York Mercantile …

Continue reading »

Oil and Gas Execs Warn Oklahoma Leaders Not to Interfere in STACK and SCOOP—-Don’t Screw this up

  “Be very careful with doing anything that might screw that up.” Warning from Lee Boothby, CEO of Newfield Exploration.   Executives of four energy companies with extensive work in Oklahoma’s STACK and SCOOP plays made it clear this past week, yes the rewards of the big plays are nice but there are concerns too …

Continue reading »