March 2016 archive

Williams to Bgin Pipeline Expansion for Florida Customers

Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed and ope…

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US Rig Count Falls to Lowest Record Since 1949

The number of active oil and natural gas rigs in the U.S. has plunged to the lowest level on record going back to 1949, according to a Baker Hughes report released on Friday.
The data revealed that the total dropped to a new record this week as the oi…

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Oil, Natural Gas Futures End Week on High Note

Oil futures settled higher on Friday as U.S. prices scored a gain of more than 7% for the week, after the International Energy Agency said prices might have bottomed on expectations that falling supplies will help alleviate the global glut of crude. Cr…

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Completion Reports March 14, 2016

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Permits to Drill March 14, 2016

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Legislators Want to Strip Transparency from Universal Services Fund

A fight’s looming in the Oklahoma legislature over the efforts of some legislators to strip transparency from how millions of dollars in money from telephone customers is spent on financing Internet and broadband projects for schools, libraries and hos…

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Bid-Rigging Lawsuit Modified Against Chesapeake, SandRidge and Tom Ward

One week after filing a class-action lawsuit alleging bid-rigging against Chesapeake Energy, SandRidge Energy and former SandRidge CEO Tom Ward, attorneys for an Alfalfa County landowner have already amended the lawsuit in the Western District of…

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Bid-Rigging Lawsuit Modified Against Chesapeake, SandRidge and Tom Ward

One week after filing a class-action lawsuit alleging bid-rigging against Chesapeake Energy, SandRidge Energy and former SandRidge CEO Tom Ward, attorneys for an Alfalfa County landowner have already amended the lawsuit in the Western District of the U…

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House Passes Bill targeting Red Cedar Tree Infestations in Oklahoma

Oklahoma City State Representative Richard Morrissette’s bill to improve on his battle against the state’s invasion of Eastern Red Cedar trees won approval this week in the State House.
HB 2748 would make improvements and changes to his original bill …

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Blaine County Produces Two More Big Wells

Oil prices remain anemic and oil storage continues at a record pace at the Cushing tank farm, but oil production continues in Oklahoma with a few more big wells in recent weeks.
As noted on OK Energy Today’s Completion reports, Blaine County is…

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