When Toyota completes its new North American headquarters in Plano, Texas, the electrical power provided to the operation will be 100 percent renewable energy. MP2 Energy, a full-service power company based in The Woodlands, Texas has been awarded a five-year retail electricity contract for the headquarters. The campus will be 2.1 million square feet …
June 2016 archive
Colorado Company Makes Big Buy in Marcellus
Denver, Colorado-based Antero Resources Corporation announced it has signed an agreement to buy 55,000 net acres in the core of the Marcellus Shale for $450 million. It identified the seller only as a “third-party” but said 75% of the acreage contains dry Utica rights. The purchase also includes undeveloped properties located primarily in Wetzel, Tyler …
Legislator Wants Interim Study on Oil and Gas Wastewater and Possible Recycling
Oklahoma City legislator Richard Morrissette not only is sponsoring a public forum to be held at the State Capitol on wastewater and the injection wells thought to be causing Oklahoma’s earthquakes, he wants an interim legislative study on the issue. He filed the request last week on the day of the deadline for such requests. …
Wastewater and Earthquake Forum to be held at State Capitol
A state legislator who is running for an Oklahoma Corporation Commission seat and the Ponca Nation Council will hold an Oil and Gas Industry Forum Tuesday exploring a way to reduce wastewater injection and the number of earthquakes in the state. The forum will be held at the State Capitol and focus on …
Senate Subcommittee Puts EPA in the Spotlight Again
Some U.S. Senators plan to put the Environmental Protection Agency in the spotlight again Tuesday by holding a subcommittee hearing on recommendations from the Inspector general and the Government Accountability Office. Sen. Mike Rounds (R-S.D.) will chair the Senate Environment and Public Works Subcommittee on Superfund, Waste Management and Regulatory Oversight on Tuesday at …
Oil Settlements Fall on Friday with Lower Prices Predicted Next Week
U.S. oil futures finished below $50 a barrel on Friday as traders worried about an increase in production due to higher settlements, according to Bloomberg MarketWatch. July West Texas Intermediate crude fell $1.49, or 3%, to end trade on the New York Mercantile Exchange at $49.07 a barrel. For the week, WTI futures rose almost …
Completion Reports June 13, 2016
ALFALFA COUNTY Chesapeake Operating Llc 18 27N 12W Kletke 18-27-12 1h, May 23, 2016 HH, TA, TD: 10535 ft Lat: 36.81254, Long: -98.53055 API: 35003232070000
Permits to Drill June 13, 2016
Blaine County HEATH #3-1H, June 10 2016 34 19N 12W SWSESESW API: 01123613 Lat: 36.07247270520841, Long: -98.46923998247208 CARRERA ENERGY LLC HH, DR, 14207 ft, MISSISSIPPIAN(8900), WOODFORD(9500) Canadian County GATZ #1H-3019X, June 10 2016 30 11N 7W SWSESESE API: 01724898 Lat: 35.39216971081582, Long: -97.97469046583399 CIMAREX ENERGY CO HH, DR, 21111 ft, MISSISSIPPIAN(10010), WOODFORD(10860), HUNTON(11000) Garvin County …
Legislator Wants Interim Study of Oil and Gas Drilling Setback Requirements
State legislators could be making another study and examination of oil and gas drilling in relation to homes and businesses and the rights of those property owners. First, the State House Speaker has to approve the request for an interim study proposal that was made by Rep. Steve Kouplen, (D-Beggs) who submitted it prior to …
Osage Nation Pays $74 million for Ted Turner’s Osage County Ranch
Media mogul Ted Turner has sold his 43,000 acre Bluestem Ranch in Osage County to the Osage Nation. It was a reported $74 million-purchase by the tribe, making the tribe one of the biggest landowners in the county. Turner, the man behind CNN and Turner Broadcasting bought the ranch in 2001 and raised buffalo. The …