January 2017 archive

BLM Relents—-Grants Drilling Permit After Lawsuit was Filed By EnerVest

After filing suit when the Bureau of Land Management refused to issue oil and gas drilling permits in Utah to Texas-based EnerVest, the BLM has come through but only after a federal judge ordered it to do so. The BLM issued the permits this week. Last month, EnerVest, based in Houston, went to court after …

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Oil Futures Trader Gets Prison Time for Ponzi Scheme

  A New York oil futures trader gets ten years in prison for running a Ponzi scheme which bilked investors out of more than $1.4 million. A Texas federal judge sentenced Christopher Donrick Daley this week after Daley was convicted last September following a two-day jury trial on wire and mail fraud charges. The judge …

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Crude Oil and Natural Gas Futures Plunge on Tuesday

Crude oil futures fell sharply lower on Tuesday as anxious traders awaited weekly government reports indicating whether OPEC and other major oil producers will stick to their pledge to curb production. On the New York Mercantile Exchange, February West Texas Intermediate crude fell by $1.39, or 2.6%, to settle at $52.33 a barrel, marking its lowest …

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Completion Reports January 4, 2017

  ALFALFA COUNTY Chesapeake Operating Llc 26 27N 12W Dwight 26-27-12 1h, November 04, 2016 HH, GAS, TD: 10244 ft Lat: 36.78342, Long: -98.45613 API: 35003232160001 Chesapeake Operating Llc 26 27N 12W Dwight 26-27-12 2h, November 03, 2016 HH, GAS, TD: 10071 ft Lat: 36.78346, Long: -98.45613 API: 35003232170001 CANADIAN COUNTY Devon Energy Production Co …

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Permits to Drill January 4, 2017

Creek County CURTIS #2, December 09 2016 05 17N 7E SENWNWNE API: 03729360 Lat: 35.98745715477852, Long: -96.59152965401364 KOBY OIL COMPANY LLC SH, AM, 2499 ft, LAYTON(1420), JONES /SD/(1730), OSWEGO(2165), PRUE(2260), SKINNER(2338), RED FORK(2480) Custer County JAMES MILLER FIU #1RR-6-31XH, December 09 2016 06 14N 14W SWSESESE API: 03922495 Lat: 35.7116542570535, Long: -98.72230640548716 CONTINENTAL RESOURCES INC …

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Inhofe Vows for Quick Committee Approval of Pruitt to Head EPA

    Oklahoma Attorney General Scott Pruitt’s wasting little time in pumping hands and seeking support for confirmation to take over the U.S.Environmental Protection Agency. He met Tuesday in Washington with Oklahoma U.S. Sen. Jim Inhofe who was chairman of the Senate Environment and Public Works Committee and is now its senior member. It was …

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HollyFrontier Takes Advantage of Refinery Downtime

Dallas-based HollyFrontier Corporation says while unplanned maintenance and cold weather affected some of its refinery operations, its Tulsa refinery is accelerating maintenance. The Tulsa refinery experienced rate reduction in December because of unplanned issues with its reforming units. The company indicated it is taking advantage of the down time. The work will focus on the …

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Williams Partners a Step Closer to Final FERC Approval of Atlantic Sunrise Pipeline

The federal government’s signed off on another step of Tulsa’s Williams Partners and its plan to construct the Atlantic Sunrise expansion project, an expansion of the existing Transco natural gas pipeline to connect Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern U.S. The final Environmental Impact Statement was published Dec. 30 by the …

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Clean Air Moms Target Pruitt’s EPA Nomination

The latest group to target Oklahoma Attorney General Scott Pruitt and his nomination by Donald Trump to head the Environmental Protection Agency is spending six figures in an online and TV ad campaign against him. Clean Air Moms Action is urging senators to vote against Pruitt’s confirmation and is running ads in Florida, Maine, Nevada, …

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Transportation Commission to Consider RR Improvements

  Millions of dollars in railroad safety projects are expected to be approved Wednesday when the Oklahoma Transportation Commission holds its first meeting of 2017. Eleven railroad signal projects are on the agenda, each ranging in cost from a low of $244,000 up to $488,000. The projects are in Adair, Wagoner, Sequoyah, LeFlore, Oklahoma, Grady, …

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