Crude oil futures posted slight gains on Friday to finish higher for the week as additional data continued to support OPEC’s compliance with curbing production to rid the current market glut, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, March West Texas Intermediate crude added 29 cents, or 0.5%, to settle at $53.83 …
February 2017 archive
Completion Reports February 6, 2017
CARTER COUNTY Mack Energy Co 18 2S 2W Pierce Unit 26-18, December 06, 2016 SH, OIL, TD: 2820 ft Lat: 34.38977, Long: -97.45459 API: 35019262340000 Mack Energy Co 7 2S 2W Pierce Unit 24-7, November 30, 2016 SH, OIL, TD: 2700 ft Lat: 34.39387, Long: -97.45276 API: 35019262320000 DEWEY COUNTY Tapstone Energy Llc 30 …
Permits to Drill February 6, 2017
Alfalfa County ARUBA 2412 #1H-15 C, February 03 2017 15 24N 12W N2N2NWNE API: 00323271 Lat: 36.56386900048361, Long: -98.46902105909375 MIDSTATES PETROLEUM COMPANY LLC HH, DR, 11200 ft, MISSISSIPPIAN(6365) Blaine County FIRE CANYON RANCH FIU #1-29-32XH, February 01 2017 29 13N 12W NWNWNWNE API: 01123737 Lat: 35.57993931073508, Long: -98.4983981912079 CONTINENTAL RESOURCES INC HH, AM, 24638 …
Oklahoma’s Rig Count Edges Past 100—Nation Adds 17
Oklahoma added 6 oil and gas rigs in the past week to top the 100 mark while nationwide, the rig count grew by 17 to reach 729, according to figures released by Baker Hughes Company of Houston. Oklahoma’s count reached 102 compared to the 80 rigs reported one year ago at this time. Nationally, …
House Approves Rejection of “Midnight Methane” Emissions Rule by BLM
The U.S. House voted Friday overwhelmingly to block the eleventh-hour move by the Obama administration and its Bureau of Land Management methane emissions rule. It’s a rule that some, including Oklahoma Congressman Jim Bridenstine consider “overreaching and duplicative.” The House passed H.J. Res. 36 to block the bill on a 221-191 vote. “The Obama era …
EPA Urges State Regulators to do More to Prevent Stronger Earthquakes Caused by Wastewater Injection Wells
Despite numerous steps to reduce operations of wastewater injection wells that are suspected of causing Oklahoma’s rash of strong earthquakes, the Environmental Protection Agency thinks the state is not doing enough. The EPA recently told Corporation Commissioners they should do more to protect Oklahomans and their drinking water from strong earthquakes caused by the injection …
Permian Basin is Home to Nearly Half of All Oil and Gas Drilling in U.S.
All you have to do is look at the weekly oil and gas rig reports to know that nearly half of all the drilling in the U.S. in the past year has been in the Permian Basin in west Texas and southeast New Mexico. That’s why the U.S. Energy Information Administration calls the Permian shale …
Sen. Lankford Says Scott Pruitt Won’t be ‘Creative’ with EPA Laws Like Environmentalists Want
Oklahoma U.S. Sen. James Lankford is making a case to other U.S. Senators that they should vote to confirm Oklahoma Attorney General Scott Pruitt to be the Administrator of the EPA. In a Friday-morning speech on the Senate floor, the Republican Senator noted how Pruitt’s been “beaten up” lately by environmental groups and opponents. But …
OKOGA and OIPA Support Pruitt’s Confirmation as New EPA Administrator
Two of Oklahoma’s energy associations released individual statements praising the U.S. Senate Environment and Public Works Committee confirmation of Oklahoma Attorney General Scott Pruitt as administrator of the Environmental Protection Agency. “The Senate Environment and Public Works Committee made the right step to end the grandstanding by a minority of its committee members and move …
Inhofe Votes to Overturn Obama Administration’s Stream Protection Rule
Oklahoma Senator James Inhofe voted Thursday in favor of a H. J. Res 38, a Congressional Review Act Resolution of Disapproval to overturn the Stream Protection Rule issued by the U.S. Department of Interior. The Resolution passed the Senate by a final vote of 54-45. “Despite its title, the stream protection rule would hurt our …