August 21, 2017 archive

Oil Prices Fall on Monday as Natural Gas is on the Rise

Crude oil futures settled lower on Monday as traders awaited news from a closed-door OPEC meeting in Vienna, according to Bloomberg MarketWatch. September West Texas Intermediate crude oil fell by $1.14, or about 2.4%, to settle at $47.37 a barrel on the New York Mercantile Exchange, ahead of its expiration at Tuesday’s settlement. October Brent crude, …

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Permits to Drill August 22, 2017

  Blaine County COYOTE 3_10-16N-12W #1HX, August 21 2017 03 16N 12W NWNWNENW API: 01123845 Lat: 35.89812664278212, Long: -98.46836348888458 DEVON ENERGY PRODUCTION CO LP HH, DR, 20508 ft, MISSISSIPPIAN(9429), WOODFORD(11101) Blaine County COYOTE 3_10-16N-12W #2HX, August 21 2017 03 16N 12W NWNWNENW API: 01123846 Lat: 35.89804423240053, Long: -98.46836349355642 DEVON ENERGY PRODUCTION CO LP HH, DR, 20238 ft, …

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SE Oklahoma Gets New Wildlife District Chief

From the Oklahoma Wildlife Department: After serving as a supervising lieutenant for nine years, Game Warden Tom Cartwright has been promoted to Captain and Chief of District 4 in the Law Enforcement Division of the Oklahoma Department of Wildlife Conservation. He fills the position left by the retirement of Capt. Jimmie Henthorn. Cartwright, based in …

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Permian Basin Oil Headed Overseas

The U.S. is becoming more and more of a competitor with Venezuela and the Middle East when it comes to oil exports. That’s because most of the new crude oil coming out of the Permian Basin in west Texas and southeast New Mexico will be shipped overseas. The oil will be transferred to Gulf Coast …

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Williams Hands Out Contract to Louisiana Firm

The amount of the contract wasn’t disclosed, but Louisiana based Danos, a company founded on tugboat and energy operations has won a major Williams Partners contract to do piping and valve modifications at a North Carolina operation. Danos is a company with 1,800 employees and will carry out the work at the Pine Needle LNG …

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Calpine’s Sale Includes Oneta Energy Center in NE Oklahoma

The sale of Calpine Corporation, the nation’s largest independent power producer could have an impact on its Oklahoma operations. Calpine, based in Houston has been sold to Energy Capital Partners and a consortium of investors in a $5.6 billion cash deal. Calpine owns and operates its Oneta Energy Center in northeast Oklahoma and under a …

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Billionaire Buffett Outbid in Move to Buy Oncor in Texas

Billionaire investor Warren Buffett just got outbid in the fight to buy Texas power transmitter Oncor. Sempra Energy, based in San Diego announced Monday morning it had bought Oncor for $9.45 billion in cash, topping Buffett’s bid of 9 billion. Sempra will take over the reorganized Energy Future Holdings Corp, the firm that owned Oncor …

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Oil Tank Car Lawsuit Dismissed—-Settlement Reached with Feds

The railroad car maker controlled by Carl Icahn has reached a settlement of legal action with federal rail safety regulators over the production of tank cars. Icahn, the man who tried to take over Phillips Petroleum in 1985 two years before the company left Bartlesville and moved to Houston controls American Railcar Industries Inc. The …

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State to Celebrate Oklahoma Aviation day in 2018

In a year, Oklahoma will officially celebrate State and National Aviation and Aerospace Day. Thanks to the legislature’s approval of Senate Bill 47, August 19 will be observed to celebrate the history and development of aviation and aerospace. The new law won’t take effect until Nov. 1, 2017. Oklahoma schools will be encouraged to organize …

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Oilfield Employment Stays Steady—-State’s Jobless Increases

Oklahoma’s oil and gas sector employment remained steady from June to July this year, according to the Oklahoma Employment Security Commission. The monthly report showed June 2017 employment in the Mining and Logging Sector, where oil and gas workers are counted, was 46,700 and the number didn’t change in July.  However, the July 2017 total …

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