March 2017 archive

Seventy Seven Energy’s Proposed Merger Moving Ahead with Stockholders Meeting

Oklahoma City-based Seventy Seven Energy Inc. is moving ahead with plans to possibly merge with Patterson-UTI Energy Inc. based in Houston, Texas. A special meeting of Seventy-Seven stockholders will be held April 20 at 9 a.m. at SSE’s offices, 777 NW 63rd in Oklahoma City. Stockholders will consider and vote on the proposed merger and …

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Trump Okays Keystone XL Pipeline……Overturns Obama Decision

From Fox News   The Trump administration has issued a presidential permit to pipeline builder TransCanada to build the Keystone XL pipeline. White House press secretary Sean Spicer tweeted that President Donald Trump would discuss the pipeline later Friday morning. The State Department says that it determined that building Keystone serves the U.S. national interest. …

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Kingfisher County

Oklahoma Drinking Water Improvement Projects

The Washington D.C.-based Environmental Council of the States is out with a list of nearly $15 billion dollar waster and wastewater projects it describes as “ready to go.” Oklahoma has 20 of the projects with a total of $642,185,000 in funding this year. Eleven are for drinking water projects and 9 are for wastewater improvements. …

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Keystone XL Permit to be Signed by Monday

What the Obama administration refused to do, the Trump administration will do—approve the Keystone XL oil pipeline and do it by Monday, according to a report by Politico. “Undersecretary for political affairs Tom Shannon plans to sign the pipeline’s cross-border permit on or before Monday, the last day for the 60-day timeline that President Donald …

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US Senator Opposes Oklahoma Wind Power Sold to Tennessee

The project by Clean Line Energy Partners to carry Oklahoma wind power 700 miles across the state and through Arkansas to Tennessee has run into a big opponent. Tennessee Sen. Lamar Alexander took to the Senate floor on Wednesday argue against the project, calling wind power “unreliable” and stating it would only raise electric bills …

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Vandalism Against Dakota Access Pipeline Confirmed in South Dakota and Iowa

The Texas developer of the Dakota Access Pipeline is taking its sabotage claims against the line seriously enough it’s asking a court against releasing spill response plans for fear it could be used by activists and terrorists. Energy Transfer Partners made the revalation of “recent coordinate physical attacks” in the court filing in North Dakota. …

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Energy Task Force to Include Closed-Door Meetings in House-Approved Bill

  A bill creating another new energy-related state task force has won approval in the State House but it would also be exempt from the Oklahoma Public Meeting law. House Bill 2151 by Tulsa Rep. Weldon Watson was approved on a 68-20 vote despite opposition from Stillwater Rep. Cory Williams. He argued if state funds …

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WTI, Brent Crude Finish Lower as Inventories Hit Record on Wednesday

Oil prices finished lower as domestic data revealed crude stockpiles at a record, according to Bloomberg MarketWatch. May West Texas Intermediate crude fell 20 cents, or 0.4%, to settle at $48.04 a barrel on the New York Mercantile Exchange. May Brent crude, the global benchmark, lost 32 cents, or 0.6%, to end trading at $50.64 a barrel …

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Completion Reports March 23, 2017

  KAY COUNTY Donray Petroleum Llc Tonkawa(2550): Oil 10 Gas 200 Water 500 Pump 33 25N 1W Stormy 8, December 22, 2016 SH, GAS, TD: 4700 ft Lat: 36.60011, Long: -97.30849 API: 35071248550003 KINGFISHER COUNTY Gastar Exploration Inc Mississippi (ex Chester): Oil 528 Gas 698 Water 1252 Gas Lift 6 17N 8W Geis 31-1h, November …

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