February 2016 archive

Thieves Active in the Oil Patch

Low oil and natural gas prices aren’t the only things that energy workers have to focus on these days. How about criminals. The Canadian County Sheriff’s office, in a weekly crime report called Wise Eyes referred to numerous thefts in the oil pa…

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Thieves Active in the Oil Patch

Low oil and natural gas prices aren’t the only things that energy workers have to focus on these days. How about criminals. The Canadian County Sheriff’s office, in a weekly crime report called Wise Eyes referred to numerous thefts in the oil patch.

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Crude Prices Fall on Friday, Remain Above $30

Crude prices ended the week on a down note Friday but managed to stay above the $30 mark. March West Texas Intermediate crude lost 83 cents to end trade at $30.89 a barrel on the New York Mercantile Exchange. April Brent crude on the London ICE Futures…

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Permits to drill Feb. 8, 2016

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Completions Feb. 8, 2016

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Rig Counts Plummeting in Oklakhoma and the U.S.

Both the nation’s and Oklahoma’s oil and natural gas rig counts are plummeting—-8 lost in Oklahoma in the past week while the nation suffered a drop of 48 working rigs. The downturn is quickly gaining speed as prices remain in the low $30s and in eff…

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OIPA Calls President’s $10 Oil Tax “Short Sighted” and “Uneducated”

The Oklahoma Independent Petroleum Association makes it clear it does not like the President’s $10 a barrel tax on oil proposal and suggests such a tax would make the U.S. more dependent than ever on foreign produced oil.
“President Obama has not hidd…

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State Treasury Takes Another Hit from Oil and Gas Downturn

It is just one round of bad energy news after another in Oklahoma as Oklahoma Treasurer Ken Miller announced on Friday that monthly gross receipts to the Treasury in January took their largest plunge in more than five years, mostly because of the oil a…

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State Treasury Takes Another Hit from Oil and Gas Downturn

It is just one round of bad energy news after another in Oklahoma as Oklahoma Treasurer Ken Miller announced on Friday that monthly gross receipts to the Treasury in January took their largest plunge in more than five years, mostly because of the oil a…

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Energy Agencies Among Those Who Did Not “Freeze” Salaries in 2015

The 2015 hiring and salary freeze announced by Governor Mary Fallin wasn’t the kind of freeze most Oklahomans think of when considering state government. Turns out, thousands of state workers still got pay raises that totaled millions of dollars and st…

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