March 2, 2017 archive

Crude Oil Futures Fall Lower on Thursday as Inventory Supply Hits Record

Oil prices dived lower for a third consecutive session on Thursday after government data revealed that domestic crude inventories hit a record and production gained momentum last week, according to Bloomberg MarketWatch. “The all-time high crude stockpile levels in the U.S. is the number one reason” behind oil’s recent inability to climb, said Fawad Razaqzada, …

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Completion Reports March 3, 2017

  GRADY COUNTY Newfield Exploration Mid-con Inc Woodford(11113): Oil 238 Gas 278 Water 2591 Flow 19 8N 5W Deskins 1h-7x, December 24, 2016 HH, OIL, TD: 21520 ft Lat: 35.15872, Long: -97.76089 API: 35051240650000 OKMULGEE COUNTY Advance Oil Corporation 22 14N 11E Wilson 2 W, January 20, 2017 null, INJ, TD: 2820 ft Lat: 35.67806, …

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Permits to Drill March 3, 2017

  Dewey County REDINGER #1-12, March 01 2017 12 19N 17W E2E2W2NE API: 04322513 Lat: 36.140704979606895, Long: -98.96037942400689 OVERFLOW ENERGY LLC SH, RE, 9200 ft, BROWN DOLOMITE(3325), CHASE(4326), COUNCIL GROVE(4480), ADMIRE(4674), WABAUNSEE(5073), SHAWNEE(5210) Garvin County MCNEILL #1-35-2H, March 02 2017 26 2N 2W SESESESW API: 04925110 Lat: 34.60910257387943, Long: -97.37992527907873 RIMROCK RESOURCE OPERATING LLC HH, …

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Pruitt Asked by AGs to Suspend Very Methane Rules He Challenged

Oklahoma Attorney General Mike Hunter didn’t skip a beat and picked up where former AG and now EPA Director Scott Pruitt left off in challenging the Environmental Protection Agency. Hunter joined attorneys general from 10 other states this week in filing a request with Pruitt to suspend the Obama administration’s regulations aimed at lowering methane …

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Navajos Ask Trump to Keep Coal-Fired Power Plant in Arizona

A dilemma for residents of Northern Arizona. For years, they’ve complained about the pollution caused by the Navajo Generating Station, the largest coal-fired power plant in the western part of the U.S.  But now that it is targeted for closing in two years, it is also where many of those complaining residents hold jobs. Hundreds …

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State House Gets Bill to Kill Wind Tax Credits in Oklahoma

One of the numerous bills aimed at bringing an end to the millions in tax credits given the wind industry in Oklahoma won approval this week in a State House Committee. House Bill 2298 by Rep. Jon Echols of Oklahoma City was sent to the full house by the House Appropriations and Budget committee. “This …

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Legislator Shelves GRDA Bill

A bill that could open the door to the state sale of the Grand River Dam Authority is being shelved this legislative session, according to its author. Rep. Leslie Osborn, R-Mustang, announced this week she is pulling the bill which would outline how the state could divest the GRDA if it were to become necessary. …

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Continental Resources Hits Large Well in SCOOP

Oklahoma’s SCOOP scores a big well in Grady County.  Continental Resources Inc. filed a completion report this week pointing out how the Emery well is producing 1,028 barrels a day along with 1,838 Mcf of gas. The well had a spud date back in July of last year. Drilling was finished in September and completion …

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USGS Issues Potential Earthquake Hazards Map Forecast for 2017

New maps identify potential ground-shaking hazards in 2017 from both human-induced and natural earthquakes in the central United States, according to information released on Wednesday by the U.S. Geological Survey. It marks the second year that induced seismicity is included on the earthquake hazard map. Approximately 3.5 million people live and work in areas with …

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