January 25, 2017 archive

Weekly Government Data Reports Point to Inventory Growth as WTI, Brent Fall on Wednesday

Crude oil futures seesawed on Wednesday, settling lower after a volatile trading session caused weekly government reports revealing a third-consecutive weekly increase in U.S. crude oil inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, March West Texas Intermediate crude fell 43 cents, or 0.8%, to settle at $52.75 a barrel. March Brent crude, …

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Completion Reports January 26, 2017

  BECKHAM COUNTY Enervest Operating Llc 32 11N 25W Twin 1-32, September 18, 2016 SH, GAS, TD: 15600 ft Lat: 35.38178, Long: -99.86972 API: 35009213910001 ELLIS COUNTY Ppp Petroleum Lp 29 18N 24W Word 3-29h, August 04, 2016 HH, OIL, TD: 14214 ft Lat: 35.99936, Long: -99.77980 API: 35045235690001  

Permits to Drill January 26, 2017

  Blaine County DAVIS #1-8 1611MH, January 25 2017 08 16N 11W SESWSESE API: 01123730 Lat: 35.870569629924596, Long: -98.3872044409958 TRIUMPH ENERGY PARTNERS LLC HH, DR, 14891 ft, MISSISSIPPIAN(10250) Canadian County CUT THROAT 1307 #1WH-13, January 23 2017 13 13N 7W NWNWNWNW API: 01724966 Lat: 35.60864776112548, Long: -97.90485929193407 CHAPARRAL ENERGY LLC HH, AM, 13900 ft, MISSISSIPPIAN(8405), …

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Trump’s Pipeline Decision Supported by Harold Hamm

Among those excited about President Trump’s decision this week to reverse President Obama’s moves to block the Keystone XL pipeline and stop further construction of the Dakota Access pipeline is Harold Hamm. The chairman of Continental Resources based in Oklahoma City and one-time energy adviser to Trump during his 2016 run for the White House …

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Slow and Steady Improvement in Oklahoma’s Employment Sector

A statewide jobs report released by the Oklahoma Employment Security Commission shows Oklahoma’s economy is improving slowly but steadily. Economist Lynn Gray with the Commission said the December jobless rate dropped one-tenth of a percent to rest at an even 5 percent. “It was also the third straight month of improvement,” said Gray in an …

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Democratic Senator Pushes Ahead with Attacks on Scott Pruitt

Even after Attorney General Scott Pruitt became the most questioned EPA nominee ever, Democrats on the Senate Environment and Public Works Committee raised more questions in their own panel discussion this week in Washington, D.C. And some Oklahomans took part in the event sponsored by Delaware U.S. Sen. Tom Carper, the ranking minority member of …

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Sen. Barrasso Makes Case for Pruitt to Head EPA

While Attorney General Scott Pruitt waits during a Democrat-caused delay of a Senate confirmation vote on his nomination to head the EPA, the top Republican on the Senate Environment and Public Works Committee is drumming up support for him. Speaking Monday on the Senate floor, Sen. John Barrasso told the full Senate that Pruitt should …

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Oil and Gas Group Leader Calls Trump’s Pipeline Decisions a “new era of certainty”

    The head of the Oklahoma Oil and Gas Association maintains the decision to move ahead with possible construction of the Keystone XL pipeline and the completion of the Dakota Access pipeline is good news for Oklahoma’s oil and gas industry. Chad Warmington, President of OKOGA issued a statement following the Monday morning announcement …

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