March 2016 archive

Crude Futures Fall on Friday, Gain for Fifth Consecutive Week

Oil futures settled lower on Friday, pulling back from a rally a day earlier, as Baker Hughes reported the first weekly rise in the U.S. oil drilling rig count this year.
West Texas Intermediate crude futures for April delivery fell 76 cents, or 1.9%,…

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OKC Negotiates with Company that Paid Biggest Fine Ever at DEQ

The Oklahoma Department of Environmental Quality says Severn Trent Services will pay $955,000 to settle the water problems and violations it made in Hugo, reaching the largest water quality related settlement in the state department’s history.
At the …

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Rig Counts Slip Again in Oklahoma and the U.S.

The latest weekly oil and gas rig count showed declines in Oklahoma and the nation, according to Baker Hughes Company of Houston, Texas. Oklahoma’s count fell by one in the past week to reach 66 compared to the 136 a year ago. The nation’s rig count dr…

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WPX Restates Financial Revolver

Tulsa-based WPX Energy announced it amended and restated its revolving credity facility, getting a total commitments of $1.2 billion on a senior secured facility with an initial borrowing base of $1.025 billion. The revolver matures Oct. 29, 2019.
“Th…

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Completion Reports March 21, 2016

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Permits to Drill March 21, 2016

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Solar Energy Company With $2 billion in US Loan Guarantees in Deep Financial Trouble

Six years after President Obama hailed a Spanish company for its clean-energy projects and work in using solar technology to supply electricity, the company is in big financial trouble after coming to the U.S and building two American plants.
Pr…

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Solar Energy Company With $2 billion in US Loan Guarantees in Deep Financial Trouble

Six years after President Obama hailed a Spanish company for its clean-energy projects and work in using solar technology to supply electricity, the company is in big financial trouble after coming to the U.S and building two American plants.
Presiden…

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Oklahoma and Other States Want EPA to Start from Scratch on Suspended Mercury Rule

Oklahoma and 19 other states now want the U.S. Supreme Court to force the Environmental Protection Agency to start all over on a new mercury rule that resulted in last summer’s 5-4 ruling where the high court ruled the EPA failed to consider cost…

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Oklahoma and Other States Want EPA to Start from Scratch on Suspended Mercury Rule

Oklahoma and 19 other states now want the U.S. Supreme Court to force the Environmental Protection Agency to start all over on a new mercury rule that resulted in last summer’s 5-4 ruling where the high court ruled the EPA failed to consider costs at a…

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