July 2016 archive

Drought is Slowly Growing Again in Oklahoma

Expect Oklahoma to continue baking a few more days with temperatures hitting 103-104 degrees in northwestern Oklahoma, right in the area where oil and gas drilling operations have seen slight increases in activity. “We’re still caught in heat dome hell, I’m afraid,” says State Climatologist Gary McManus with the Oklahoma Mesonet. He says the lack …

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Morrissette Plans One More Public Hearing on Earthquakes and Wastewater Disposal Wells

              OKLAHOMA CITY (21 July 2016) – A state legislator who is terming out this year plans to convene one more public hearing to examine potential options for disposing of brine produced during oil and gas exploration.             The House Committee on Energy and Natural Resources will convene an interim legislative study on the …

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Inhofe and Lankford Criticism of CAFE Fuel Standards Might have Been Accurate

Four years after Oklahoma U.S. Sen. Jim Inhofe took on the Environmental Protection Agency and its CAFE fuel standards, now there’s a report that maybe, just maybe, the EPA’s fuel efficiency testing might not work. It was back in 2012 when Sen. Inhofe was critical of the Corporate Average Fuel Economy Standards, “The CAFE standards …

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Another Wind Farm Begins Production in North Dakota

With a $250 million price tag and a dozen years to complete, Xcel Energy’s Border Winds Farm in North Dakota was recently dedicated. Located north of Rolla, the farm has 75 turbines spread over 30 square miles and has the capacity to produce 150 megawatts of electricity. That’s enough to power more than 78,000 homes. …

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Oklahoma’s STACK Produces More Large Oil Wells

Oklahoma’s STACK is yielding more big wells, according to completion reports published by OK Energy Today. The two largest have been brought in by Houston-based Marathon Oil and were drilled in Blaine County. The largest produced 1,466 barrels of oil a day along with 2,474 mcf of gas out of the Mississippian formation. It’s the IRVEN JOHN …

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Researchers Suspect Fracking is Behind Blanchard Earthquakes

As News 9’s Dana Hertneky reported this week, now the Oklahoma Geological Survey suspects fracking might be behind the recent surge in smaller earthquakes around Blanchard. “We’re a little mystified about what the cause is,” said Jeremy Boak, Director of the Oklahoma Geological Survey in an interview with Hertneky. “I think we have to give …

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Harold Hamm Considered as Energy Secretary in Trump Administration

    (Reuters) Republican presidential candidate Donald Trump is considering nominating Oklahoma oil and gas mogul Harold Hamm as energy secretary if elected to the White House on Nov. 8, according to four sources close to Trump’s campaign. The chief executive of Continental Resources (CLR.N) would be the first U.S. energy secretary drawn directly from …

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Stockpiles Down, Crude Oil Futures Up on Wednesday

Crude oil futures rose on Wednesday after government data confirmed that oil inventories fell for a ninth week in a row, according to a Bloomberg MarketWatch report. On the New York Mercantile Exchange, August West Texas Intermediate crude tacked on 29 cents, or 0.7%, to end trading at $44.94 a barrel. The contract, which expired …

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Blueknight Purchases Ergon Asphalt Terminals for $108.8 Million; Ergon Acquires Blueknight’s General Partner

Oklahoma City-based Blueknight Energy Partners, L.P. announced it’s buying nine asphalt terminals for nearly $109 million from Ergon, Inc., a company based in Jackson, Mississippi. In turn, Ergon is acquiring Blueknight’s general partner. Ergon was established in 1954 and is involved in asphalt, crude oil and refined products. The nine terminals are located in Wolcott, …

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Completion Reports July 21, 2016

BLAINE COUNTY Marathon Oil Company Meramac(9093): Oil 1363 Gas 1755 Water 655 Flow 27 17N 10W Olive June 1-27xh, May 29, 2016 HH, OIL, TD: 20022 ft Lat: 35.92637, Long: -98.26233 API: 35011235640000 Marathon Oil Company Mississippian(8372): Oil 1466 Gas 2474 Water 862 Flow 27 17N 10W Irven John 1-27xh, May 29, 2016 HH, OIL, …

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