Oil prices started Monday by edging up and extending gains from the previous session—in part because of the U.S. sanctions against Venezuela. West Texas Intermediate futures started at $55.38 per barrel, up 12 cents or 0.2 percent from the last settlement. WTI ended up 2.73 percent in the last session at its highest close since …
February 2019 archive
Feds challenge Montana judge who blocked Keystone XL pipeline
The Trump administration has decided to fight Montana U.S District Court Judge Brian Morris’s ruling that blocked a construction permit for the Keystone XL oil pipeline. Attorneys for the Justice Department filed an appeal on Friday to the ruling made in November. Judge Morris issued his ruling after environmentalists challenged the permit for the 1,184-mile …
Slight increase in gasoline prices reported in Oklahoma
Last week’s cold weather might have played a role in an increased demand in gasoline in the U.S. as Oklahoma’s average price went up a penny a gallon to $1.94 per gallon. AAA Oklahoma reports the national average remained at $2.26 per gallon. The highest prices in Oklahoma were in the northwest where Taloga and …
Dems to hold their first global warming hearing this week
Oklahoma Congressman Markwayne Mullin will have a front-row seat this week as Democrats in the House Energy and Commerce Committee hold their first hearing on global warming. Rep. Mullin, a Republican from the 2nd district in eastern Oklahoma will be in the minority but will have an opportunity to question those who might testify. It …
Fracking supporter on House Energy Subcommittee is a Democrat
Oklahoma Congressman Frank Lucas might find some support for Oklahoma’s oil and gas industry when he sits on the House Science, Space and Technology Committee. It would come none other than from Pennsylvania Democratic Rep. Connor Lamb who recently was named chairman of the Committee’s Subcommittee on Energy. “In my district, energy means family-supporting jobs …
State promotes lighting energy efficiency
A funding opportunity for public building and public space external and internal lighting energy efficiency is now available through the Oklahoma Department of Commerce. Oklahoma state agencies and local governments who are interested in funding for external and or internal lighting energy efficiency installation that will reduce utility cost for public buildings and/or public …
Message from Oklahoma Commerce Secretary Sean Kouplen
Sean Kouplen, chairman and CEO of Regent Bank, is Oklahoma’s Secretary of Commerce and Workforce Development. MIKE SIMONS/Tulsa World file I am very honored to be named Oklahoma’s secretary of commerce and workforce development by Gov. Kevin Stitt. The governor, Lt. Gov. Matt Pinnell, Department of Commerce Executive Director Brent …
Permits to drill for February 1, 2019
Permits to drill for Feb. 1, 2019. Blaine County MARJORIE 1710 #2-25-36MXH, February 01 2019 25 17N 10W NWNWNWSE API: 01124170 Lat: 35.91949033198725, Long: -98.21798507730496 MARATHON OIL COMPANY HH, DR, 16547 ft, MISSISSIPPIAN(8320) Blaine County MARJORIE 1710 #3-25-36MXH, February 01 2019 25 17N 10W NWNWNWSE API: 01124171 Lat: 35.91949033645681, Long: -98.21791753538986 MARATHON OIL COMPANY HH, DR, 16680 …
Completion reports for February 1, 2019
Completion reports for Feb. 1, 2019. CUSTER COUNTY Continental Resources Inc Mississippian(11642): Oil 81 Gas 17057 Water 2010 Flow 16 15N 14W Cowden Fiu 1-16-9xhm, November 03, 2018 HH, GAS, TD: 22606 ft Lat: 35.76940, Long: -98.70237 API: 35039225430001 GRADY COUNTY Continental Resources Inc Mississippian(12114): Oil 305 Gas 3914 Water 1776 Flow 12 8N 7W Skaggs 1-12-1xhm, October 17, 2018 HH, OIL, TD: 20182 ft …
HollyFrontier wraps up $655 million acquisition
HollyFrontier Corporation, the Dallas firm with storage operations and refineries in Oklahoma and Kansas, announced its subsidiaries have wrapped up the previously announced acquisition of Sonneborn US Holdings Inc. and Sonneborn Cooperatief U.A. in a $655 million deal. The acquisition included working capital with an estimated value of $72 million and HollyFrontier anticipates it will …