July 11, 2016 archive

Oil Futures Ebb on Monday as OPEC Output Flows

Oil futures eroded on Monday upon news that OPEC production has reached its highest peak since August 2008, according to a Bloomberg MarketWatch report. S&P Global Platts indicated that OPEC’s June output surged by nearly 300,000 barrels a day from the previous month, sparking widespread concern that global output will continue to disrupt oil futures …

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Permits to Drill July 12, 2016

Canadian County GATZ #1H-3019X, June 10 2016 30 11N 7W SWSESESE API: 01724898 Lat: 35.39213949012575, Long: -97.97474749950831 CIMAREX ENERGY CO HH, AM, 21111 ft, MISSISSIPPIAN(10010), WOODFORD(10860), HUNTON(11000) Carter County WHEELER #157, July 11 2016 04 2S 2W SWSESWSW API: 01926224 Lat: 34.40565013841379, Long: -97.41957414888559 KODIAK OIL & GAS INC SH, DR, 2000 ft, DEESE(1600) Carter …

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Pratt, Kansas Wind Farm Has Second Work Accident

The feds are investigating a wind farm operation near Pratt, Kansas where two workplace incidents have occurred in recent weeks including one where a worker fell 120 feet from a turbine and survived. The Occupational Safety and Health Administration has started a probe at the Ninnescah Wind Farm in south central Kansas’ Pratt county. The …

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$61 billion in Bankrupt Oil and Gas Firms……More to come?

Oil and gas company bankruptcies as of June 30, 2016 have reached more than $61 billion in debt, according to an update from the bankruptcy law firm of Haynes and Boones in Texas and its Oil Patch Bankruptcy Monitor. The count still stands at 85 bankrupt North American oil and gas producers since early 2015 and …

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Oh Oh! Researcher Admits Mistake in Fracking Study Claims

Big mea culpas are coming from some scientists after admitting they made major mistakes, especially in the case of an Oregon State University researcher who claimed to have found environmentally harmful effects from fracking. Retraction Watch, a group devoted to such scientific mistakes is reporting major retractions on the part of the authors of two …

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NRC Plans Meeting to Discuss Regulatory Activities

The Nuclear Regulatory Commission will meet with various stakeholders on Tuesday, July 26 in order to hear public comments and perspectives on the NRC’s regulatory activities, according to a press release issued on Monday. The 9 a.m. meeting will occur at the NRC Auditorium located at 11555 Rockville Pike, Rockville, Maryland. The meeting will be …

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House Interim Studies to Include Focus on Oil and Gas Drilling and Wastewater Options

Oklahoma House Speaker Jeff Hickman on Monday approved 71 interim studies requested by State Representatives. He chose to combine 32 of the 71 requested studies to make 13 individual studies, setting the state for 52 difference hearings if all of the interim study requests are heard. Two requests focus on oil and gas drilling and …

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MIDSTREAM and DUG Eagle Ford Conferences Join Efforts in September

Two energy conferences in one.  It’ll be in San Antonio in September when the DUG Eagle Ford conference is joined by the MIDSTREAM Texas conference. Both will be held Sept. 12-14 at the Gonzalez Convention Center in San Antonio. Some of the confirmed speakers include Brandon Seale, President of Howard Energy Mexico; Michele F. Joy, …

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Enable Midstream to Release Quarterly Results Aug. 3

Second-quarter 2016 financial results are to be released next month by Oklahoma City-based Enable Midstream Partners, LP. The company plans to release them before market hours on Wednesday, Aug. 3 and then hold a conference call at 9 a.m. Oklahoma time on the same day to discuss the results. Enable’s assets includes 12,400 miles of …

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International Drilling Rig Counts Down for June

  While Oklahoma and the nation saw increased drilling rig counts in the past week, the June numbers also released by Houston-based Baker Hughes Incorporated showed an international rig count drop of 28 from May to June. The June count stood at 927, a decline of 219 from the 1,146 reported in June 2015. The …

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