November 12, 2017 archive

Rig Count Data Reveals 6 New Oklahoma Rigs, 9 Added to U.S.

Both Oklahoma and North America saw big jumps in rig counts in the past week according to figures released by Baker Hughes. Oklahoma’s count jumped by six to reach 123. A year ago, the state had only 75 working oil and gas rigs. Nationally, the count grew by nine, reaching 907 active rigs. The U.S. …

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WTI and Brent Crude Stumble on Friday, Advance for the Week

After several days of strong gains, crude oil futures settled lower on Friday, according to Bloomberg MarketWatch. On Friday, January Brent crude, the global oil benchmark, fell 41 cents, or 0.6%, to end at $63.52 a barrel on the London ICE futures Exchange. For the week, the contract saw a 2% rise. On the New York …

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Homeland Security Chemical Tests in Northern Oklahoma Concerns Residents

A plan by Homeland Security to carry out a chemical and biological test early in 2018 at the site of the former Chilocco Indian School in northern Oklahoma is being opposed by area residents as well as a southern Kansas Congressman. The Homeland Security Department recently advertised its “low level outdoor release” project in a …

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