June 2016 archive

Mexico Gets First Non-Pemex Gas Stations in 80 Years

  After nearly 80 years, Mexico is getting its first gas station that isn’t owned or operated by the government-owned Pemex corporation. Two companies recently opened three gas stations under their brands, a result of energy reforms passed two years ago by the federal government. The company, Hidrosina opened one in Mexico City while the …

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Colorado has 40 Times more Natural Gas Than First Believed?

  The U.S. Geological Survey now says Western Colorado has far, far more natural gas than previously thought…maybe 40 times more. It’s what government and industry experts recently said in Denver, explain the Mancos Shale formation in the state’s Piceance Basin holds an estimated 66.3 trillion cubic feet of gas. That’s a huge increase from …

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FTC Forces Williams Companies and ETE to Divest Pipeline Ownership in Florida

In order to settle a Federal Trade Commission complaint that a merger of Williams Companies with Energy Transfer Equity would harm competition in Florida, the two companies have agreed to dump Williams’ interest in an interstate natural gas pipeline. The FTC made the announcement, indicating the proposed consent agreement “preserves competition between Florida Gas Transmission …

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Small Mining Towns Challenged by Tax Credit Cut

Cut the tax credits to the Oklahoma coal-mining industry and you cut money from small communities in the state. It’s the message from not only coal industry officials but from Mary Ann Pritchard, director of the Oklahoma Mining Department. “People don’t realize the coal industry affects small communities,” she said recently in an interview with …

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Catch 22 Results in Opposition to EPA’s Clean Power Plan

At least one electric cooperative serving some Midwestern states makes it clear, it doesn’t think the Environmental Protection Agency’s controversial Cean Power Plan is the way to go. And it’s almost as thought a government “catch 22” forced it to use coal to generate electricity. It’s what Michael McInness, CEO of Tri-State Generation and Transmission …

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Seventy Seven’s Workers’ Comp Status Discussed in Executive Session

A state government agency discussed Seventy Seven Energy Inc.’s pending bankruptcy in executive session on Thursday in an effort to determine what impact it may have on the company’s injured workers. The Oklahoma Workers’ Compensation Commission met on Thursday afternoon to discuss Seventy Seven Energy’s status as an impaired opt-out self-insured under the restructured Oklahoma …

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Oil Futures Decline as Natural Gas Rises on Thursday

While oil prices retreated on Thursday, natural gas futures forged ahead to achieve their best settlement since September, according to Bloomberg MarketWatch. July West Texas Intermediate crude slid 67 cents, or 1.3%, to settle at $50.56 a barrel on the New York Mercantile Exchange, after reaching $51.23 a barrel on Wednesday. On London’s ICE Futures …

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Completion Reports June 10, 2016

ALFALFA COUNTY Chesapeake Operating Llc 18 27N 12W Kletke 18-27-12 2h, May 23, 2016 HH, TA, TD: 9915 ft Lat: 36.81258, Long: -98.53055 API: 35003232060000 BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(ex Chester): Oil 529 Gas 1669 Water 1365 Flow 24 17N 11W Jim 1h-24, February 25, 2016 HH, OIL, TD: 14619 ft Lat: 35.92825, …

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Permits to Drill June 10, 2016

Kingfisher County CHLOUBER #5H-16UMX, June 09 2016 21 16N 8W SESWSESW API: 07325314 Lat: 35.84212597486794, Long: -98.0600113978139 NEWFIELD EXPLORATION MID-CON INC HH, DR, 19038 ft, MISSISSIPPIAN(8637), WOODFORD(9101) Kingfisher County CHLOUBER #3H-16UMX, June 07 2016 21 16N 8W SESWSWSW API: 07325310 Lat: 35.84212886738098, Long: -98.06459303630571 NEWFIELD EXPLORATION MID-CON INC HH, AM, 19059 ft, MISSISSIPPIAN(8656), WOODFORD(9136) Kingfisher …

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State Probes NEO A and M Over Oil Dumped Into Tar Creek

The State Department of Environmental Quality is investigating Northeastern Oklahoma A&M College for allegedly dumping oil into a storm drain that feeds the Tar Creek in Miami. Skylar McElhaney, a spokeswoman at the DEQ indicated two complaints were received this month, alleging the college siphoned oil from a vehicle barn and used a hose to …

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