July 2016 archive

Experts Gather to Study Weather Drones

Dozens of representatives from Oklahoma State University and three other universities taking part in a $6 million dollar study of drones and their use in weather research met recently in Stillwater. About 65 faculty and students are working under a $6 million federal government grant to develop unmanned aerial systems for weather research. The program …

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OSU Professors Receive $5 million Grant to Study Imperiled Plants

A $5.5 million grant from the U.S. Fish and Wildlife Service is going to two Oklahoma State University professors of integrative biology to study ways to protect imperiled species. Kristen Baum and Monica Papes will work with a researcher at the University of Texas in Austin on a 3-year project on pollinator habitation restoration in Oklahoma …

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Tulsa Gets $300,000 Grant to Clean up Pollution Sites

The city of Tulsa is getting a $300,000 federal grant to clean up old pollution sites known as Brownfield locations. U.S. Sen. Jim Inhofe, chairman of the Senate Environment and Public Works Committee noted how Tulsa has used Brownfield grants in the past to clean up sites that led to the construction of the BOK …

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OPEC Forecast Buoys WTI, Brent Crude Oil Settlements on Tuesday

Crude oil futures closed out Tuesday on a higher note as OPEC forecasted higher demand with lower production next year, according to Bloomberg MarketWatch. August West Texas Intermediate crude climbed $2.04, or 4.6%, to end trading at $46.80 a barrel on the New York Mercantile Exchange, reaching its highest finish in nearly a week. On …

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Permits to Drill July 13, 2016

Canadian County BAUSTERT #1H-2920X, July 12 2016 30 11N 7W SWSESESE API: 01724917 Lat: 35.39216971081582, Long: -97.97469046583399 CIMAREX ENERGY CO HH, DR, 19202 ft, MISSISSIPPIAN(10634), WOODFORD(10856), HUNTON(11405) Canadian County QUERENCIA 27-14-7 #1WH, July 12 2016 27 14N 7W SWSWSWSW API: 01724920 Lat: 35.65370627681012, Long: -97.94049627581855 CASILLAS OPERATING LLC HH, DR, 14286 ft, WOODFORD(9196), HUNTON(9296) Canadian …

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WPX Energy Site Afire in New Mexico

Nearly three dozen oil storage tanks remained burning Tuesday at a new WPX Energy site in northwestern New Mexico. The fire broke out late Monday night near the small community of Nageezi where 36 oil storage tanks caught fire, prompting a shutdown of the WPX Energy operation.  Evacuations of neighboring homes were made. About 50 …

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Chesapeake Energy’s Divestiture Steps Earn Improved Rating at One Investment Firm

Steps taken by executive leadership at Oklahoma City-based Chesapeake Energy have resulted in an improved status given the company by the investment bank and asset management firm Piper Jaffray. Chesapeake’s been upgraded from Underweight to Neutral because analysts at Piper Jaffray believe the natural gas producer’s recent actions have “diminished” its default risk over the …

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What the Federal Government Predicts about Future Oil/Gas Production

The government’s forecasting U.S. petroleum and other liquid fuels production will only grow in the coming decades. The U.S. Energy Information Administration predicts the production will grow from 14.8 million barrels a day in 2015 to 18.6 million barrels a day by 2040.  The prediction comes in the EIA’s Annual energy Outlook 2016. And what does …

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Construction Starts on Largest Solar Energy Project in Midwest

Oklahoma has yet to get a commercial solar operation but solar remains of high interest in the Midwest.  Now construction has started on the largest solar energy project in the Midwest is underway in Chisago County, Minnesota. There, D.E. Shaw Renewable Investments, LLC acquired the 100 MW North Star Solar Project from Community Energy, Inc. …

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Indian Energy Focus of Summit in Tulsa

National U.S. Energy Department officials are gathered this week in Tulsa for a summit on Indian Energy. The U.S. Department of Energy Office of Indian Energy is hosting the session entitled “Tribal Energy: Strategic Roadmap 2015” at the Reservation Economic Summit. It will continue through July 14. The last such National Tribal Energy Summit was …

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