April 24, 2017 archive

Concerns About OPEC and Domestic Production Force Lower Settlements on Monday

West Texas Intermediate crude oil futures tumbled for a sixth consecutive session on Monday as lingering worries about rising domestic production outweighed optimism about prospects for an extended agreement on output cuts by OPEC, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, light, sweet crude futures for delivery in June fell 39 cents, …

Continue reading »

Completion Reports April 25, 2017

  ALFALFA COUNTY Chesapeake Operating Llc Mississippian(4990): 26 29N 9W German 26-29-9 1h, April 10, 2017 HH, TA, TD: 9689 ft Lat: 36.97044, Long: -98.13172 API: 35003223740001 Chesapeake Operating Llc Oswego-manning: Water 75 8 23N 9W Faulkner 1, April 10, 2017 SH, TA, TD: 6519 ft Lat: 36.47954, Long: -98.19178 API: 35003201420001 BLAINE COUNTY Chesapeake …

Continue reading »

Permits to Drill April 25, 2017

  Blaine County SUCCOTASH 26-15N-13W #2H, April 24 2017 26 15N 13W SWSESESE API: 01123786 Lat: 35.7404247287742, Long: -98.54559573874603 PALOMA OPERATING CO INC HH, DR, 17950 ft, MISSISSIPPIAN(11255), WOODFORD(13191) Canadian County JACKSON #1406 3H-6X, April 24 2017 07 14N 6W SESWSESW API: 01725002 Lat: 35.69738192985372, Long: -97.88153952137093 NEWFIELD EXPLORATION MID-CON INC HH, DR, 19267 ft, …

Continue reading »

NextEra Considers Closing of Inefficient Power Plants While Expanding in Oklahoma and Elsewhere

NextEra, the Florida-based energy company with wind farms in western Oklahoma is hinting that its wind, solar and natural gas operations are doing so well economically, the company might shut down some of its inefficient power plants. John Ketchum, NextEra’s chief financial officer said the shutdown might include nuclear, oil and natural gas operations. He …

Continue reading »

New Mexico Deals with Old Sinkhole near Carlsbad

Sink holes are nothing new around mining of energy exploration towns. Consider the sink holes in northeast Oklahoma due to mining. Or the salt mines near Hutchinson, Kansas. But the big sinkhole that developed eleven years ago near Carlsbad, New Mexico has the state in a fight over who’s footing the bill for the loss …

Continue reading »

Protesters Heckle Pruitt in Dallas—-Call Him a “Monster”

“You’re a monster! ¬†You’re gutting the EPA!” Shouts aimed at Scott Pruitt as the administrator of the Environmental Protection Agency spoke recently in Dallas as part of the city’s Earth Day festivities. Protesters even disrupted his “fireside chat-style” conversation with Texas Railroad Commissioner Ryan Sitton and a reception held when the discussion was moved to …

Continue reading »

Pruitt Makes Promise to Consider Public Comments in Making EPA Rule Changes

EPA Administrator Scott Pruitt’s promising his agency will consider thousands of public comments as it reviews regulations and whether to eliminate some. It’s what he told E and E News at an Earth Day event in Dallas. “Those comments are going to be taken very seriously because that’s our job,” said Pruitt, the former Oklahoma …

Continue reading »

Seventy Seven Energy’s Merger is Complete With Houston Company

Houston-based Patterson-UTI Energy has wrapped up its merger with Oklahoma City’s Seventy Seven Energy Inc. The Texas company not only issued nearly 47.5 million shares pursuant to the merger, but repaid all of Seventy Seven Energy’s outstanding debt totaling $472 million. As part of the package, Patterson-UTI entered into an agreement with its lenders to …

Continue reading »

Group Fighting Bribed Vote Has Plan to Divide $16 billion it Seeks

A consumer’s group urging the Oklahoma Supreme Court to overturn a more than 25-year old rate case approved in a bribed vote for then Southwestern Bell Telephone company has come up with a plan to divide the $16 billion dollars it wants. Oklahomans Against Bribery, made up of some of the six who have filed …

Continue reading »

OKC Climate March to be Held Saturday

Oklahoma City will be the site this coming weekend as part of the national People’s Climate March. A coalition of groups will host the march Saturday, March 29 beginning at 1 p.m. at the Harkins Bricktown Plaza. The event will invclude music, petitions, and children’s activities followed at 2 p.m. with speakers sharing environmental concerns. …

Continue reading »