April 2016 archive

Texas Company Wants Fracking Contamination Verdict Thrown Out in Pennsylvania

Houston-based Cabot Oil and Gas wants a federal judge in Pennsylvania to throw out a $4.24 million jury verdict that the company’s fracking operations contaminated well water for two families in the state. The verdict came down in early March and the o…

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Oklahoma Farmer to Testify Before U.S. Senate Committee Exploring Impact of EPA Regulations

A subcommittee of the U.S. Senate Environment and Public Works Committee will take testimony Tuesday from Oklahoma Farm Bureau President Tom Buchanan and others as it explores the impact of new rules from the Environmental Protection Agency.
Buc…

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Oklahoma Farmer to Testify Before U.S. Senate Committee Exploring Impact of EPA Regulations

A subcommittee of the U.S. Senate Environment and Public Works Committee will take testimony Tuesday from Oklahoma Farm Bureau President Tom Buchanan and others as it explores the impact of new rules from the Environmental Protection Agency.
Buchanan …

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Keystone Pipeline Back On Following Oil Leak

Oil is flowing again through the Keystone Pipeline, a week after 16,000 gallons of Canadian crude leaked into a South Dakota field. TransCanada Corp. began a controlled re-start Sunday after receiving approval from the Pipeline and Hazardous Materials …

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Oil Futures Post 8% Weekly Gain

Oil futures ended sharply higher Friday, boosted by expectations U.S. production will continue to decline, signs of solid underlying demand and some renewed optimism about the U.S. economy.
On the New York Mercantile Exchange, West Texas Intermediate …

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Nation’s Rig Count Tumbled by 7 while Oklahoma Added 2 in Past Week

Oklahoma’s oil and gas rig count increased by two in the past week to reach 63 while the nation’s count fell by 7, settling at 443, according to figures released by Baker Hughes Company of Houston, Texas. Oklahoma and New Mexico were the only two regio…

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Completion Reports April 11, 2016

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Permits to Drill April 11, 2016

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Nearly $1 billion Sale of WPX Subsidiary is Announced

A $910 million sale of a Colorado subsidiary of Tulsa-based WPX Energy was announced by the company. The sale of WPX Energy Rocky Mountain LLC was to Terra Energy Partners LLC and boosts the liquidity of WPX, improving its capital efficiency and …

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Nearly $1 billion Sale of WPX Subsidiary is Announced

A $910 million sale of a Colorado subsidiary of Tulsa-based WPX Energy was announced by the company. The sale of WPX Energy Rocky Mountain LLC was to Terra Energy Partners LLC and boosts the liquidity of WPX, improving its capital efficiency and return…

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