November 21, 2016 archive

WTI, Brent Crude Post Higher Settlements on Monday, Despite Prices Below $50 a Barrel

Crude oil futures climbed to a three-week high on Monday, as OPEC members continued to work out a production freeze and expectations that the Trump presidency will bring relaxed regulation, according to Bloomberg MarketWatch. December West Texas Intermediate crude added $1.80, or 3.9%, to settle at $47.49 a barrel on the New York Mercantile Exchange on …

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Completion Reports November 22, 2016

  ROGER MILLS COUNTY Fourpoint Energy Llc Des Mo’sian(12655): Oil 279 Gas 9585 Water 1765 Flow 31 12N 26W Beverly 31-12-26 1ha, June 01, 2016 HH, GAS, TD: 18210 ft Lat: 35.47954, Long: -99.99835 API: 35129240720000 Fourpoint Energy Llc Marmaton(12851): Oil 135 Gas 5634 Water 1828 Flow 4 11N 23W Matthews 1-4hc, July 20, 2016 …

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Permits to Drill November 22, 2016

  Canadian County DORIS 12-13-10-6 #1XH, November 21 2016 01 10N 6W NWSESESE API: 01724948 Lat: 35.36424894718027, Long: -97.77970938832571 LINN OPERATING INC HH, DR, 19228 ft, WOODFORD(10100) Dewey County 4GH #1-3H, November 21 2016 03 17N 19W SWSWSESE API: 04323487 Lat: 35.97159945637578, Long: -99.20820804218121 JMA ENERGY COMPANY LLC HH, DR, 13650 ft, DOUGLAS(7460), COTTAGE GROVE(8300), …

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Commission Meets to Consider Cutting Tax Breaks

      The State-appointed commission tasked with recommending when and where to cut tax credits and for which industries meets Tuesday at the State Capitol. The Incentive Evaluation Commission meeting agenda includes discussion and possible action on eleven incentives for 2016. One is a tax credit for tuition reimbursement for Aerospace Employers, a credit …

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Former Attorney General Larry Derryberry Funeral Services Set for Monday

  The funeral for former Oklahoma Attorney General Larry Derryberry who died Saturday at the age of 77 will be held Monday afternoon. U.S. and Oklahoma flags on state property will be flown on that date at half-staff, under orders of Gov. Mary Fallin. The funeral will be Monday at 2 p.m. on the fourth …

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AAA—-Oklahoma’s Gas Prices are the Envy of the Nation

Oklahoma now has some of the cheapest gasoline in the U.S. as the statewide average fell 3 more cents to reach a $1.85 a gallon, according to the latest report from AAA Oklahoma. The organization headlined its press release, “Oklahoma’s Gas Prices today Are the envy of the Nation.” “Out on the road, Thanksgiving motorists …

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Oilfield Employment Remains Weak in Oklahoma Despite Oil Play Successes

Oklahoma’s jobless rate slipped a tenth of a point for October but it’s still at 5.2% according to the Oklahoma Employment Security Commission. And the data supplied by the state shows oil and gas employment was anemic, despite growing activity in Oklahoma’s STACK and SCOOP plays. The October 2016 employment in the energy sector was 43,900, …

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Governor Fallin Gets Her Job Interview with Donald Trump

Oklahoma Gov. Mary Fallin got her chance this week to meet with President-elect Donald Trump as he considers who to name to his administration and cabinet. The Governor was asked to meet with Trump on Monday. So was former Texas Governor and GOP presidential rival Rick Perry who dropped out early from the GOP campaign. …

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Pawnee Nation Sues Federal Agencies Over September 3 Earthquake and Violating Federal Law

The 5.8 magnitude earthquake on Sept. 3 in Pawnee was the so-called “straw that broke the camel’s back” as far as Pawnee Tribal leaders are concerned. So they’ve gone to court, not against oil and gas producers but against two federal agencies that the tribe felt had the responsibility of informing it about oil and …

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Anti-Trump Protesters Rally at State Capitol

Some of those who don’t like Donald Trump held an anti-Trump rally Sunday at the State Capitol, later changing its name to an “anti-hate” rally. A few hundred, many who express concerns about what a Trump administration will do to climate control regulations gathered but state troopers say there were no problems. Some Trump supporters …

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