June 21, 2016 archive

Crude Oil Futures Fall on Tuesday as Brexit Anxiety Creates Volatility

Crude oil futures were down on Tuesday as traders worried over Britain’s EU membership uncertainty and the July WTI contract expired, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude fell 52 cents, or 1.1%, to settle at $48.85 a barrel. While the July contract expired, August WTI crude became …

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Completion Reports June 22, 2016

CUSTER COUNTY Chesapeake Operating Llc Des Moines Granite Wash(12406): Oil 20 Gas 745 Water 596 Flow 35 12N 18W Fawver 2-11-18 1h, April 09, 2016 HH, GAS, TD: 17520 ft Lat: 35.46603, Long: -99.06605 API: 35039224720000 DEWEY COUNTY Continental Resources Inc Woodford(12839): Oil 138 Gas 6565 Water 3244 Flow 16 16N 14W South Litsch 1-16-21xh, …

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Permits to Drill June 22, 2016

Beaver County KASPER #1, June 21 2016 10 5N 28E SWNENESW API: 00735373 Lat: 36.912124035785205, Long: -100.03244840891584 STEPHENS EXPLORATION INC SH, RC, 6471 ft, CHEROKEE(6000) Blaine County BLURTON #4-7-6XH, June 21 2016 18 16N 10W SWNWNENW API: 01123620 Lat: 35.86897383188448, Long: -98.30843597050273 CONTINENTAL RESOURCES INC HH, DR, 20755 ft, MISSISSIPPIAN(10015) Blaine County BLURTON #2-7-6XH, June …

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Democratic Legislators Accuse Governor of Revenge in Lack of Water Board Appointment

    “The governor is screwing rural southeastern Oklahoma again.”   Governor Mary Fallin’s failure to appoint a southeastern Oklahoman to the Region 9 seat on the Oklahoma Water Resources Board prompted four legislators to ask for an Attorney General’s opinion this week. The four Democrats also accuse the Republican governor of seeking revenge over a …

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10th Circuit Declares Environmental Fight Over 2 Coal Companies is “Moot”

The Denver Federal Appeals Court has ruled against challenges that claimed the U.S. Department of the Interior wrongly gave permission to two Colorado coal mines to expand their operations. Instead, the 10th U.S. District Court of Appeals found the challenges were “moot” because the federal agency had completed an environmental assessment and vacated the original …

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ETE’s Warren Got Cold Feet 3 Months After Announcing Merger with Williams Cos.

While Williams Companies is urging its shareholders to approve the $38 billion merger with Energy Transfer Equity of Dallas, ETE’s CEO Kelcy Warren has second thoughts about the deal announced last fall.  And testimony in a Delaware trial of one of the lawsuits filed by Williams against ETE indicated Warren had those thoughts within a …

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Williams Board Members Urge Shareholder Approval of Merger with ETE

Less than one week before shareholders of Tulsa’s Williams Cos. decide on a controversial merger with Energy Transfer Equity of Dallas, Williams says three out of four of the leading proxy advisory firms recommend they vote for the proposed transaction. In a filing with the Securities and Exchange Commission, the company said the three are …

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Wyoming’s Coal Industry is Hurting—–Being Replaced by Wind Industry

  A sign of the times in Gillette, Wyoming.  A U-Haul dealer has been sold out since earlier this month.  It’s also an affirmation that the state’s coal industry is slowly dying and replaced by the wind industry. As the New York Times recently reported, the last coal mine in southwest Wyoming closed nearly ten …

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Energen’s Plan—-Drill Wells and Sit on Them

  Alabama based Energen Corporation says it has closed and signed purchase and sale agreements on more than half a billion dollars in holdings in West Texas and northwestern New Mexico and now is a pure Permian Basin developer. The company sold some holdings in the Delaware Basin of west Texas and the San Juan Basin in …

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Bokoshe and Its Coal Ash Dump are Focus of Photographer

  “We’ve got to clean up Bokoshe. We’ve got to stop this cancer rate. “ For six years, freelance documentary photographer Carlan Tapp has been photographing the coal ash dump around the southeastern Oklahoma town of Bokoshe…the town OK Energy Today has reported on over the past few years. Now Tapp is out with a …

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