November 22, 2016 archive

Natural Gas Gains While Crude Oil Futures End With Mixed Results on Tuesday

U.S. crude oil futures fell on Tuesday after a report indicated OPEC will postpone its attempt to obtain a production cut until after November 30, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude fell by 21 cents, or 0.4%, to settle at $48.03 a barrel. On the London ICE …

Continue reading »

Williams Declares Quarterly Dividend of $0.20

Tulsa-based Williams announced Tuesday that its board of directors approved a regular dividend of $0.20 per share on the company’s common stock. The dividend is payable on December 27, 2016 to shareholders of record on December 9, 2016. Williams has paid a common stock dividend every quarter since 1974.  

Permits November 23, 2016

  Blaine County FJ #1H-1807X, November 22 2016 18 16N 12W SESESWSE API: 01123687 Lat: 35.85632335290022, Long: -98.51321490144207 CIMAREX ENERGY CO HH, DR, 21243 ft, MISSISSIPPIAN(9563), MISSISSIPPI SOLID(10700), WOODFORD(11293), HUNTON(11440) Canadian County BENNETT #24-11-6, November 22 2016 24 11N 6W SWSESESE API: 01724949 Lat: 35.40693246312032, Long: -97.77958023747523 JONES ENERGY LLC HH, DR, 13700 ft, WOODFORD(8700) …

Continue reading »

Sheriff Vows to Spray Protesters Again in Cold Weather in North Dakota

Law officers who sprayed water on protesters in below-freezing temperatures at the Dakota Access oil pipeline site in North Dakota defend what they did this week and say they’ll do it again if necessary. Led by mostly Native American Indians who contend the pipeline potentially could damage their drinking water, the protests were hit with …

Continue reading »

Barge Traffic Increases at Tulsa Port of Catoosa

Barge traffic not only increased in October but for the year-to-date according to information released this week by the Tulsa Port of Catoosa. And it meant fewer 18-wheelers on Oklahoma highways. Barge tonnage was 213,717 in 111 barges for the month of October. That’s equivalent to what the Port announcement said “would have added a …

Continue reading »

Western Oklahoma Seeing New Wells

Just some observations about recent completion and permits to drill reports as shown on the well reports of OK Energy Today. While Oklahoma’s STACK play has been getting the press and the big wells, western Oklahoma manages to produce some wells of its own, although nothing in comparison to the STACK wells. Denver-based Fourpoint Energy …

Continue reading »

Airosol Plant Explosion Injured One in Neodesha, Kansas

A Tuesday morning explosion at the Airosol Plant in the southeast Kansas town of Neodesha left one worker injured and nearby homes evacuated. Broadcast reports indicated the blast happened just after 6 a.m. at the plant that employs about 40 workers and is located in a building 100,000 square feet in size. The Wilson County …

Continue reading »

Cushing Rattled Again by Two More Quakes

Seventeen days after Cushing suffered a 5.0 magnitude earthquake, the Payne County city suffered two more smaller quakes early Tuesday morning. The U.S. Geological Survey reported a 3.3 magnitude quake hit at 3:54 a.m. and it was followed a minute later by a stronger quake measuring 4.0 magnitude. Reports indicated the twin quakes were only …

Continue reading »

Trump Focused on Native American Affairs in Meeting with Gov. Fallin

Whether Gov. Mary Fallin is named to Donald Trump’s cabinet is up to Donald Trump. But after Trump met Monday with Gov. Fallin on Monday in New York, his staff issued a release about the meetings he held with Fallin with several others. “The President-elect then met with Oklahoma Governor Mary Fallin and engaged in …

Continue reading »

$20 billion deal for Sunoco Logistics and Energy Transfer Partners

Dallas billionaire Kelcy Warren is making a big change of his Energy Transfer Partners, the company in the middle of the controversial efforts to finish a $3.8 billion Dakota Access Pipeline in North Dakota. Sunoco Logistics Partners L.P. announced it is buying ETP in a stock deal worth nearly $20 billion. As part of the …

Continue reading »