July 27, 2016 archive

NYSE Seeks to Delist Key Energy Services

Houston-based Key Energy Services, Inc. announced on Wednesday that the New York Stock Exchange will commence proceedings to delist the company’s common stock based on “abnormally low” price levels. The NYSE also suspended trading in the Company’s common stock effective immediately, according to the company’s news release. An appeal by Key Energy Services is not …

Continue reading »

WTI, Brent Fall While Natural Gas Posts Gain on Wednesday

Oil futures settled close to $42 a barrel on Wednesday after a government report revealed an increase in both gasoline and oil inventories in addition to a rise in crude production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude dropped 91 cents, or 2.1%, to settle at $42.01 …

Continue reading »

Permits to Drill July 28, 2016

Canadian County WILLIAMS #1H-3106X, July 25 2016 31 11N 7W NENWNWNE API: 01724929 Lat: 35.39097177558444, Long: -97.97972512842162 CIMAREX ENERGY CO HH, AM, 15961 ft, MISSISSIPPIAN(11000), WOODFORD(11289), HUNTON(11438) Hughes County CLAIRE #4-23/26H, July 26 2016 14 7N 11E SWNESESW API: 06324607 Lat: 35.07487896498644, Long: -96.1167153708855 PETROQUEST ENERGY LLC HH, DR, 12348 ft, WOODFORD(5800) Hughes County CLAIRE …

Continue reading »

Environmentalists Lose Fight to Stop New Arena where Kevin Durant Will Play

First the Golden State Warriors got the Oklahoma City Thunder’s star Kevin Durant. Now the Bay area team wins a judge’s ruling allowing it to move out of Oakland and build a $1 billion arena in San Francisco’s Mission Bay area. Environmentalists fighting the project say they will ask a California appeals court to overturn the …

Continue reading »

Corporation Commission Holds Emergency Session to Meet EPA ‘Wording’ Changes

In a move to comply with “wording” demands of the Environmental Protection Agency, the Oklahoma Corporation Commission will hold a special meeting Thursday to make changes in the definitions in its Underground Storage Tanks rules. “It’s a matter of wording,” explained Matt Skinner, spokesman for the Commission. “We just holding this emergency meeting in order to …

Continue reading »

Far southern Texas Natural Gas Pipeline Gets Final FERC Approval

A federal agency has finally given approval of a nearly 200-mile Comanche Trail Pipeline to be built near El Paso in southern Texas. Approval came this week at the Federal energy Regulatory Commission for part of the natural gas pipeline that’s being constructed and operated by Energy Transfer Partners at the U.S. and Mexico boundary …

Continue reading »

Interim House Study to Tackle Growing Problem of Wild Pigs in Oklahoma

(From the State House) Suggestions for controlling and reducing the infestation of feral hogs in Oklahoma will be reviewed during an interim legislative study this year requested by three members of the state House of Representatives. The studies were requested by Reps. Brian Renegar, D-McAlester; Kevin Wallace, R-Wellston; and Sean Roberts, R-Hominy. House Speaker Jeff …

Continue reading »

Wyoming Moves to Counteract EPA’s Targeting of Coal

Already feeling the impact of the Obama administration’s war on coal, the state of Wyoming has decided to combat the green-energy promoters of the federal government by partnering with Japan. Wyoming Gov. Matt Mead signed an agreement this week calling for cooperation between the state and a consortium of Japanese companies in researching clean-coal technology. …

Continue reading »

Judge Overrules Nebraska Decision to Allow Out-of-State Fracking Waste in Disposal Well

Nebraska state leaders indicate they will not challenge a judge’s decision against allowing a Colorado company from using a well in the Nebraska Panhandle to dispose of fracking wastewater from other states’ wells. The judge had ruled last month the Nebraska Oil and Gas Conservation Commission exceeded its authority in granting the request by Terex …

Continue reading »

Older Oil Tanker Cars Banned in Canada

The kind of oil tanker cars that resulted in a fiery crash and killed 47 people in Quebec, Canada three years ago are being banned by the Canadian government. As of Nov. 1, the older tankers called DOT-111 cars will not be allowed to transport oil in the country, according to Marc Garneau, Canada’s transport …

Continue reading »