A natural gas company isn’t ready to give up its antitrust claims against two Texas companies even after 10th U.S. Circuit court Judge Richard Matsch in Denver, Colorado ruled against it last year. Buccaneer Energy, a Nevada Corporation is appealing the judge’s ruling that show down its antitrust lawsuit filed in 2012 against SG Interest, …
May 2016 archive
Williams Files Another Lawsuit over Pending Merger With Energy Transfer Equity
Speculation grows that a lawsuit filed Saturday by Tulsa-based Williams Companies Inc. to stop Energy Transfer Equity LP from ending its merger with the company will cause a delay in the multi-billion dollar buyout. Over the weekend, ETE, based in Dallas indicated that prior to the lawsuit, progress was being made toward finalizing the merger. But …
Tribes Fight Expansion of Oil Pipeline between U.S. and Canada
In a move that many expect will dramatically increase the number of oil tankers moving through the waters between the U.S. and Canada, Canadian energy regulators are recommending approval of Kinder Morgan Canada’s plan to nearly triple pipeline capacity. The $5.4 billion Trans Mountain project will carry an estimated 890,000 barrels of crude oil a …
Oil and Saltwater Spill in North Dakota
State officials in North Dakota are investigating a saltwater spill from an oilfield tank that overflowed last week near the city of Marmarth. The North Dakota Department of Health estimated 16,800 gallon spilled in the overflow along with more than 100,000 gallons of saltwater and oil. Marmarth is a town in southwest North Dakota and …
Oil Futures Settle Lower on Friday, Higher for the Week
Friday was another day of ups and downs as oil futures produced weekly gains while crude prices closed out the week on a lower note, according to Bloomberg MarketWatch. June West Texas Intermediate crude lost 41 cents, or 0.9%, to end trade on the New York Mercantile Exchange at $47.75 a barrel. For the week, …
Rural Landowners Rush to Register Private Air Strips in Advance of Wind Farms
The growth of wind farms across Oklahoma and a year-old state law has private pilots moving to register their private air strips, many in western Oklahoma, according to a report by The Oklahoman. As Paul Monies for the newspaper found out, there is a rush on to register the air trips with the Federal Aviation …
Senate Energy and Water Bill Includes Funding for Several Oklahoma Projects
Oklahoma U.S. Sen. Jim Inhofe says the just passed Energy and Water Development and Related Agencies Appropriations Act included priorities for Oklahoma he inserted into H.R. 2028. The measure passed on a 90-8 vote. “As passed by the Senate, the Energy and Water Development Appropriations Act will improve water supply and quality in Western Oklahoma …
Nation’s Rig Count Drops while Oklahoma’s Grows
While the national rig count slipped by 2 in the past week to reach a total of 404, the count in Oklahoma increased by one to reach a total of 57 working oil and gas rigs, according to the latest data from Baker Hughes Company of Houston, Texas. The national count shows 318 working oil …
Permits to Drill May 23, 2016
Ellis County NEIDENS 10 #5H, May 19 2016 10 20N 26W SWSESWSE API: 04523609 Lat: 36.21746457665306, Long: -99.95946997600767 JONES ENERGY LLC HH, DR, 12763 ft, CLEVELAND(8345) Grady County MICHELLE ABEL #1-11-2XH, May 16 2016 11 3N 6W SESESESE API: 05124037 Lat: 34.74032498294741, Long: -97.79222163809351 MARATHON OIL COMPANY HH, AM, 23362 ft, MORROW(10887), SPRINGER(12791), MISS (DEEP)(12815) …
Federal Probe Finds Plains All-American at Fault in 2015 California Oil Spill
Federal investigators blame “external corrosion” for the massive Plains All-American pipeline oil spill that occurred May 19, 2015 in Santa Barbara County, California and say the company could have prevented it. The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration, in a 510-page report, blamed the company’s failure to “protect the pipeline from …