January 26, 2017 archive

Continental’s Success in Bakken and STACK Drives 2017 Budget

Oklahoma City-based Continental Resources, Inc. announced plans to double its capital expenditure budget for 2017 in an effort to accelerate production, according to a company press release issued Thursday. Based on the company’s recent success in the Bakken region and Oklahoma’s STACK play, Continental will increase its 2017 capital expenditures budget to $1.95 billion. Of this …

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Magellan Shuts Down Iowa Pipeline After Significant Spill

Tulsa-based Magellan Midstream Partners LP shut down its ruptured 12-inch underground pipeline in northern Iowa on Wednesday following a leak of more than 138,000 gallons of diesel fuel. The refined products pipeline – built in the early 1950s and located in Worth County – is at the center of the largest U.S. diesel spill since …

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Crude Oil Futures Jump on Thursday Following Favorable Government Reports

Crude oil futures closed at their highest finish in almost three weeks on Thursday as traders were buoyed by the results of OPEC’s production cut, according to Bloomberg MarketWatch. March West Texas Intermediate crude rose $1.03, or 2%, to settle at $53.78 a barrel on the New York Mercantile Exchange—the highest settlement since January 6. On …

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Completion Reports January 27, 2017

  CANADIAN COUNTY Marathon Oil Company 11 13N 7W Hrdy 1-11mh, September 19, 2016 HH, OIL, TD: 14367 ft Lat: 35.62353, Long: -97.91522 API: 35017249210000 Marathon Oil Company 20 14N 7W Schroeder 14 07 2-17mh, October 09, 2016 HH, OIL, TD: 14448 ft Lat: 35.68169, Long: -97.96964 API: 35017249020000 GARFIELD COUNTY White Star Petroleum Llc …

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Permits to Drill January 27, 2017

  Dewey County REAY #1-36-1H, January 25 2017 01 18N 14W N2N2NENE API: 04323497 Lat: 36.0719928926364, Long: -98.63864317799889 COMANCHE EXPLORATION CO LLC HH, DR, 14800 ft, MISSISSIPPI LIME(9800) Hughes County NANCY #2-2/35/26H, January 26 2017 11 7N 11E NWNWNWNW API: 06324642 Lat: 35.100680103509006, Long: -96.12310147502978 TRINITY OPERATING (USG) LLC HH, DR, 15897 ft, WOODFORD(4950) Kingfisher …

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Brokaw on Trump—–He’ll change his views on Climate Change

  Then there’s the opinion of former network broadcaster Tom Brokaw about President Donald Trump’s skeptical view of climate change. He thinks Trump’s views will eventually change and he will become a believer in climate change. Brokaw, formerly of NBC TV is promoting his latest Discovery Channel documentary, “Rancher, Farmer, Fisherman.” It’s about a group …

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Confirmation Recommendations for Energy and Interior Secretaries Delayed to Tuesday

With Republicans in Congress meeting in Philadelphia, the confirmations of Ryan Zinke to be Secretary of the Interior and of former Texas Governor Rick Perry to be Secretary of Energy won’t be handled until next week. Those confirmation recommendations will have to first be made by the Senate Committee on Energy and Natural Resources. Zinke …

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Native American Environmentalist Says She’s Terrified at the Thought of Pruitt Taking Over EPA

“We are terrified at the idea of him becoming head of the EPA”   Three Oklahomans took part this week in a Democratic-sponsored panel in Washington, D.C. against the nomination of Attorney General Scott Pruitt to become the new Administrator of the Environmental Protection Agency. Casey Camp-Hornek, a Ponca Tribal councilwoman, Native rights activist and …

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AARP Launches Ad Campaign Against OGE Rate Hike Request

  A $92.5 million rate hike requested by OGE from the Oklahoma Corporation Commission is being fought by the AARP. The organization, under the leadership of State Director Sean Voskuhl has launched a media campaign and even bought time on radio to fight the request. “We feel like it’s unjustified, that amount, and also adding …

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J-D Strong Says it Again….Scott Pruitt is the man for the EPA Job

Former Oklahoma Secretary of the Environment J.D. Strong said it before a U.S. Senate Committee and continues to say it.  He thinks Attorney General Scott Pruitt  is the right man to take over the Environmental Protection Agency. Now the head of the Oklahoma Wildlife Conservation Department, Strong was interviewed by WNYC, a pair of non-profit …

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