November 15, 2016 archive

Crude Oil Futures Surge Above $45 a Barrel on Tuesday

Crude oil futures mounted a strong comeback on Tuesday, snapping a three-session losing streak to finish at their highest level in two weeks, according to Bloomberg MarketWatch. December West Texas Intermediate crude jumped $2.49, or 5.8%, to settle at $45.81 a barrel on the New York Mercantile Exchange after tallying losses of more than 4% over …

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Completion Reports November 16, 2016

  BLAINE COUNTY Continental Resources Inc Mississippi Solid(9811): Oil 1501 Gas 2652 Water 1380 Flow 22 16N 10W Ludwig 2-22-15xh, September 17, 2016 HH, OIL, TD: 19830 ft Lat: 35.84180, Long: -98.25530 API: 35011235860000 Continental Resources Inc Mississippi Solid(9879): Oil 2353 Gas 6086 Water 3116 Flow 22 16N 10W Ludwig 4-22-15xh, September 25, 2016 HH, …

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Permits to Drill November 16, 2016

  Creek County STEVIE BROOKE #1, November 15 2016 05 17N 7E NESENENW API: 03729357 Lat: 35.98611083635465, Long: -96.59317667231855 LITTLE RIVER ENERGY COMPANY SH, DR, 3200 ft, TRUE LAYTON(1425), JONES /SD/(1725), OSWEGO(2225), PRUE(2300), SKINNER(2450), RED FORK(2500), 1ST WILCOX(2750), 2ND WILCOX(2850), ARBUCKLE(3100) Garfield County LANDRUM 2305 #1-30H/31H, November 15 2016 19 23N 5W SESESWSW API: 04725077 …

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Warm Weather Will Turn Windy and Create High Fire Danger Statewide

What a big change in the weather is coming to Oklahoma.  Record high temperatures are expected on Wednesday and Thursday before a cold front hits the state. Anyone working high atop an oil or gas rig will know it. So will those daring maintenance crews who stand atop wind towers across the state. Here’s how …

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OKC Protesters Join in Support of North Dakota Pipeline Fight——-UN Critical of North Dakota Officials

Dozens of Oklahomans supporting the Native American protest of the Dakota Access Pipeline in North Dakota joined others nationwide on Tuesday in staging their own protests. Oklahoma City protesters, fewer than 100,  gathered at the SkyDance Bridge over Interstate 40. While nearly most of the $3.8 billion, 1,172-mile pipeline is complete, the Texas developer lacks only …

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Microsoft Buys Wind Power in Kansas to Run DataCenter in Wyoming

Microsoft announced this week it is committing to buy 237 megawatts of alternative energy to supply its Cheyenne, Wyoming data center. At least 178 megawatts are being purchased from the Bloom Wind farm under construction near Dodge City, Kansas. Capital Power will operate Bloom Wind and has contracted all of the output to a subsidiary …

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Oil Exec Ronnie Irani Pledges Largest Gift from OU International Student

A graduate of the University of Oklahoma’s Mewbourne School of Petroleum & Geological Engineering is pledging significant financial support for the Center for the Creation of Economic Wealth (CCEW) at OU’s Michael F. Price College of Business, according to a report by The Oklahoman. Distinguished Oklahoma City oil executive Ronnie Irani’s donation is aimed at …

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Cheaper Gas Leads to Increased Thanksgiving Holiday Travel

  The American Automobile Association is out with its annual Thanksgiving traffic prediction that 48.7 million Americans will be going somewhere for the holiday. That includes about 615,000 Oklahomans who will travel 50 miles or more from home. The national prediction is a million more travelers or an increase of 1.9 percent over the 2015 travels. …

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ConocoPhillips Unloading San Juan Basin Assets

Houston-based ConocoPhillips says it’s selling its assets in northwestern New Mexico and southwestern Colorado. A spokeswoman for the company confirmed it will sell assets in the San Juan Basin over the coming two years. ConocoPhillips has operated in the Basin for more than half a century and is considered to be the largest operator in …

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SCOOP and STACK Plays to be Focus of Oil and Gas Association Luncheon

The Oklahoma Oil and Gas Association will host a Friday luncheon featuring a panel with four major oil and natural gas company executives discussing investments in the SCOOP and STACK. They’ll also be discussing the industry’s vision of how the plays will shape Oklahoma’s future oil and gas development. The SCOOP and STACK are considered …

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