January 4, 2016 archive

Middle East Tensions Create Uncertainty for Crude Prices Monday

The rising tensions between Saudi Arabia and Iran put the crude markets on uncertain footing on Monday. February West Texas Intermediate crude lost 28 cents to end trade at $36.76 a barrel on the New York Mercantile Exchange. February Brent crude slipp…

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Morrissette To Hold Quake Public Hearing Later This Month

State Representative Richard Morrissette announced Monday he’ll be hosting a public forum for any and all comers to talk about the increased number and strength of earthquakes and the connection with disposal injection wells. The public hearing is sche…

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Permits to Drill January 5 2016

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Some Suspect Lake Arcadia is Behind Earthquake Surge in Edmond

As the Oklahoma Corporation Commission issued orders Monday for five wastewater injection wells to reduce operations around Edmond due to strong earthquakes, one retired Petroleum Engineer has a theory that the nearby Lake Arcadia Lake might also be a …

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State Orders Injection Well Reductions in Response to Edmond Earthquakes

The Oklahoma Corporation Commission has once again issued orders for reduced operation of wastewater injection wells suspected of causing a surge in strong earthquakes around Edmond.
The orders issued Monday afternoon affects five operating Arbuckle d…

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Stripper Well Operators Hit Hard by Downturn

“The small operators of the stripper wells are pretty resilient.” Mike Cantrell

Times are tough for some of the independent oil and gas operators in Oklahoma and elsewhere across the country because of the major drop in energy prices. But…

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Stripper Well Operators Hit Hard by Downturn

“The small operators of the stripper wells are pretty resilient.” Mike Cantrell

Times are tough for some of the independent oil and gas operators in Oklahoma and elsewhere across the country because of the major drop in energy prices. But they …

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Laid off Energy Workers Eligible for Federal Jobless Help

Decisions by the U.S. Department of Labor mean workers laid off at four companies in the state in the past year are eligible for assistance. Among the workers are those let go by Cimarron Energy in Marlow. They were ruled eligible because of increased …

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State Program Helps Creates Nearly 700 New Jobs

While Moody’s and an economic survey by a Creighton University professor don’t exactly heap glowing praises on Oklahoma’s economy, the state is still adding jobs thanks to the Quality Jobs Program at the Oklahoma Department of Commerce.
The addition o…

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Iowa Set Another Ethanol Production Record in 2015

There’s a reason why the presidential hopefuls in Iowa don’t bash the ethanol industry. Afterall, Iowa corn producers sell massive amounts of their crop to ethanol manufacturers and recently it was announced that the state’s refineries produced more t…

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