Crude oil prices edged higher on Friday, settling at a 52-week high during an abbreviated holiday trade, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate futures added 7 cents, or 0.1%, to settle at $53.02 a barrel, marking its highest closing value since July 14, 2015. For the week, …
December 2016 archive
One Case where Scott Pruitt Supported the EPA
While environmentalists and some Democrats continue attacking Oklahoma Attorney General Scott Pruitt as Donald Trump’s choice to be the new Director of the U.S. Â Environmental Protection Agency, one recent story highlighted Pruitt’s efforts to assist the EPA. Pat Rizzuto at Bloomberg News wrote how Pruitt actually backed the EPA in strengthening a chemical law during …
Halliburton Announces Tentative Settlement to 14-year old Class Action Lawsuit
A 14-year class action lawsuit against Halliburton might be about to come to an end soon in the U.S. District Court for the Northern District of Texas. Halliburton says it has reached an agreement to settle the Erica P. John Fund lawsuit and will fund nearly $54 million of the $100 million settlement fund …
STACK Interest Continues to Grow in Oklahoma
Little wonder the Oklahoma Corporation Commission decided last week to make a peremptory move about fracking and earthquakes in the SCOOP and STACK, the state’s two most active oil plays. Just a quick review of the drilling permits as published by OK Energy Today and issued for activity in the STACK, comprised of the drilling …
Sierra Club Challenges Corporation Commission’s Decision on OGE Plant
The Oklahoma Sierra Club’s taken its fight with the Oklahoma Corporation Commission and a decision allowing OGE to install coal scrubbers at the utility’s Sooner generating plant to the State Supreme Court. In a recent filing, the Club challenged the decision made last April to let the utility move ahead with the $500 million project. …
Completion Reports December 26, 2016
CREEK COUNTY Chizum Oil Llc 18 15N 8E Aundres 3-18, February 19, 2016 SH, GAS, TD: 4000 ft Lat: 35.78150, Long: -96.49980 API: 35037293310001 KINGFISHER COUNTY Chesapeake Operating Llc 2 18N 6W Hill 2-18-6 1h, October 19, 2016 HH, OIL, TD: 11361 ft Lat: 36.05876, Long: -97.81303 API: 35073253510000 LINCOLN COUNTY White Star Petroleum …
Permits to Drill December 26, 2016
Blaine County KRACKEL #31-1H, December 23 2016 31 18N 12W SESWSESE API: 01123708 Lat: 35.985876628459415, Long: -98.51417924725587 CARRERA ENERGY LLC HH, DR, 14523 ft, MISSISSIPPIAN(9600), WOODFORD(10300)Grady County BELYEU 33-9-5 #1WH, December 23 2016 04 8N 5W NWNWNWNW API: 05124099 Lat: 35.20293242789336, Long: -97.74009817773239 JONES ENERGY LLC HH, DR, 15700 ft, MISSISSIPPIAN(10420), WOODFORD(10550), HUNTON(10650) Grady …
Oil and Gas Rig Counts Grow in Oklahoma and the U.S.
Both Oklahoma and the nation added more oil and gas drilling rigs in the past week, according to figures released Friday by Houston-based Baker Hughes Company. Oklahoma added 6 rigs to reach 84 while the nation’s count grew by 16, hitting a total of 653. The newest figure nationally includes 13 more oil rigs to …
Anxiety Grows over Future of EPA
As we approach the end of 2016 as well as the Obama administration, many wonder what 2017 and a Donald Trump administration will mean for the environment and the laws in place to protect it. Of course there is anxiety among some over Trump’s vow to kill the Obama administration’s Clean Power Plan, the one …
Ken McQueen Appointed to New Mexico’s Top Energy Post
A former oil and natural gas industry executive with Tulsa ties was appointed Tuesday to lead the New Mexico Energy, Minerals and Natural Resources Department. Ken McQueen previously served as a vice president of Tulsa’s WPX Energy, where he managed the company’s assets in the San Juan Basin of northwestern New Mexico and southern Colorado. …
