March 30, 2017 archive

Crude Oil Prices Leap Over $50 a Barrel on Thursday

Jumping above $50 a barrel on Thursday, crude oil prices surged ahead for a third straight session, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude rose 84 cents, or 1.7%, to settle at $50.35 a barrel. On the London ICE Futures Exchange, May Brent crude, the global benchmark, …

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Completion Reports March 31, 2017

  DEWEY COUNTY Mewbourne Oil Company Cottage Grove(8068): Oil 125 Gas 96 Water 1830 Flow 16 17N 16W Blue Star 16 Md #1hcg, February 24, 2017 HH, OIL, TD: 12585 ft Lat: 35.94260, Long: -98.91733 API: 35043234670000 HUGHES COUNTY Silver Creek Oil & Gas Llc 2 6N 8E Davis Tower Swd 1, March 08, 2017 …

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Permits to Drill March 31, 2017

  Canadian County ELMENHORST #1H-05-08, March 30 2017 06 11N 6W NENENENE API: 01724990 Lat: 35.46382465570793, Long: -97.86711146788718 TRAVIS PEAK RESOURCES LLC HH, DR, 17300 ft, MISSISSIPPI(8990), WOODFORD(9315) Ellis County ROCKIES 33 #3H, March 30 2017 33 20N 24W NWNENWNE API: 04523645 Lat: 36.17248827350925, Long: -99.76321839002593 JONES ENERGY LLC HH, DR, 12983 ft, CLEVELAND(8440) Grant …

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Rep. Lucas Gets US House to Pass EPA Transparency Bill

A bill by Oklahoma Congressman Frank Lucas to urge transparency and scientific integrity at the Environmental Protection Agency won approval in the U.S. House on Thursday. H.R. 1431 is also known as the EPA Science Advisory Board Reform Act of 2017 and was passed on a 229-193 vote. “Sound science must be the cornerstone of …

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Oil and Gas Association Applauds President’s Rewrite of Clean Power Plan

State leaders in Oklahoma aren’t the only ones applauding this week’s action by President Trump and EPA Administrator Scott Pruitt to reverse the Obama Clean Power Plan. So are energy industry leaders. “The Trump administration’s executive order sends a signal that his federal agencies will put American energy production first with sensible regulations and best …

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Impact of Clean Power Plan Rewrite in Oklahoma—-Welcome News

President Trump’s decision this week to sign an executive order to roll back the controversial Obama Clean Power Plan was welcome news at the Oklahoma Energy Office. “We’re glad to see a pull back from obviously what the Obama administration had proposed,” said Tyler Powell, Deputy Secretary of the Environment. “We’ve always questioned the authority …

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Opponents of Wind Tax Credit Rollback Likely to Challenge it in the State Senate

The House Bill calling for a rollback of tax credits for the wind industry is on is way to the State Senate. But it won’t receive unanimous support there, judging by opposition mounted this week in a Senate Committee. Senator Kay Floyd, a Democrat from Oklahoma City argued the roll back will send a bad …

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Newfield Embarks on $10 million Wastewater Recycling Project near Kingfisher

Houston, Texas-based Newfield Exploration has launched plans to construct a wastewater recycling facility near Kingfisher, heart of Oklahoma’s STACK play. The facility will allow the oil and gas company to treat the wastewater and re-use it in fracking operations, rather than injecting it back into the earth and possibly increasing the risk of earthquakes. “Over …

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