August 18, 2017 archive

Anadarko Basin Added to Government’s Monthly Drilling Map

The wild growth of shale oil exploration in Oklahoma has prompted the U.S. Energy Information Administration to add the Anadarko region to its monthly drilling report. Most of the Anadarko basin is in Oklahoma. Twenty-four counties in Oklahoma and five in Texas make up the area. But more than 10 percent of new wells drilled …

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No Letup in Speculation of Scott Pruitt’s Political Future

No matter what Scott Pruitt does or says these days, political observers view him as an EPA chief who really wants another political office, and is someone intent on using the EPA to fulfill his┬áplans. We’ve reported in recent weeks how the national press described him as a member of the Trump administration who had …

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Prague Earthquake Lawsuits Move Closer to Trial

Earthquake attorney Scott Poynter had to go to court in order to get the right to interview some experts as he prepares for a late November trial against some Oklahoma energy companies. The companies are blamed for a large earthquake six years ago. Representing clients who sued energy companies following the 2011 earthquake in Prague …

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Devon Brings in Eleven New Wells—-3 Making 1,000 Barrels Plus a Day

Devon Energy’s reporting the success of three wells, each producing more than 1,000 barrels of oil a day in Oklahoma’s STACK. They were among eleven wells reported as completed, according to OK Energy Today’s Well Completion Reports. All three of the large wells were apparent DUCS or drilled but uncompleted wells because each had spud …

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Missouri Rejects Wind-Powered Electricity Line

Utility regulators in Missouri have said ‘no’ to Clean Line Energy Partners and its plan to build one of the nation’s longest transmission lines carrying wind powered electricity from┬áKansas to Indiana and markets eastward. It was the second Missouri state rejection for Clean Line Energy which wants to send wind-powered electricity in Kansas along the …

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Buffett Won’t Budge From $9 Billion Bid to Take Over Oncor in Texas

In a case of “who might blink first”, billionaire investor Warren Buffett’s vowed not to raise the $9 billion bid he’s made to take over Oncor Electric Delivery Co. in Texas. His vow comes after Elliott Management Corp. bought some of the debt Energy Future Holdings Corp., the main owner of Oncor and a company …

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Louisiana Fast Becoming Place Where Worldwide Gas Prices Are Determined

Just like Cushing as become the place where prices of West Texas Intermediate crude are determined, southern Louisiana is fast becoming the place where natural gas prices are determined around the world. Louisiana is home to the Henry Hub, a standard bearer for domestic shale gas markets. But now the jump in U.S. exports to …

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No Letup in Oil and Gas Employment in Texas

The Federal Reserve Bank of Dallas says oil and gas employment in Texas grew again for the seventh consecutive month. The bank says the industry added nearly 4,300 positions statewide in June over May and it credited jobs growth in the mining sector. Oil field services are included in the mining sector. Researchers estimated there …

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EPA Delays Greenhouse Truck Standards

Those big truck drivers going up and down Interstates 35 and 40 in Oklahoma are getting a break from the EPA when it comes to greenhouse gas standards. The 2018 start date of the requirements has been delayed. The EPA faced a deadline on Thursday to respond to a lawsuit by the Truck Trailer Manufacturers …

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