Repairs have been made and oil is flowing once again on the Keystone Pipeline where an oil spill dumped 5,000 barrels of oil two weeks ago in South Dakota. TransCanada Corporation indicated the repair and restart plans won approval from the Pipeline and Hazardous Materials Safety Administration. The company plans operations at a reduced pressure …
November 28, 2017 archive
$14 billion Offshore Oil Platform Produces First Oil
There’s nothing like it in Oklahoma’s oil patch. A $14 billion oil platform in the north Sea, one built and financed by ExxonMobil. And the Hebron offshore oil platform located about 210 miles southeast of Newfoundland, produced its first oil this week, a month ahead of schedule. It took seven years to build the platform. …
Another Study Blames Oil and Gas Industry for North Texas Earthquakes
Yet another study is blaming the oil and gas industry for earthquakes. this time, it’s in Texas and the research was published in the journal Science Advances. The researchers were led by Beatrice Magnani, a seismologist at Southern Methodist University according to a story in Newsweek magazine. Researchers were attempting to understand whether the quakes …
Hamm and His Continental Resources Planning Another International Oil Sale
Another big export sale is coming from Harold Hamm and company. Oklahoma City-based Continental Resources indicated it plans another major international sale of Bakken crude oil. But the company isn’t offering any clue as to who the buyer will be. It will be the second international sale of oil. The first was announced in October …
Purcell Company Left to Wonder About New Oil Minister in Venezuela
No word how this might affect the Purcell exploration company that last summer won a huge oil-drilling contract with Venezuela, but the country has named a new head of the struggling state oil company. President Nicolas Maduro named National Guard Maj. Gen. Manuel Quevedo the new president of PDVSA and the country’s minister of oil. …
Sen. Lankford Assesses Scott Pruitt’s EPA Performance
While U.S. Sen. James Lankford’s latest “Federal Fumbles” report lambasted some federal projects as being a waste of taxpayer’s money, the report also included praise for efforts of agencies to save money. In an interview with OK Energy Today a day after he released his third such report, the Republican Senator said it included “touchdowns …
Fracking Blamed for Minor Earthquakes Around Yukon
State Corporation Commission investigators indicate they believe a hydraulic fracturing operation has caused small earthquakes in the past few days around the city of Yukon. “The quakes we’ve had in the Yukon area over the past few days are clustered around the McWhirter well, where Citizen Energy is doing a hydraulic fracturing operation,” explained Matt …
Nonprofit Watchdog Sues State Over Sealed Tar Creek Buyout Trust Audit
The Washington, D-C based nonprofit watchdog group, Campaign for Accountability is taking State Attorney General Mike Hunter to court over a sealed audit of suspected criminal activity involving cleanup operations at the Tar Creek Superfund site in northeast Oklahoma. The lawsuit, CV-2017-2335 was filed in Oklahoma County District Court against Hunter and State Auditor and …