December 5, 2016 archive

Crude Oil Prices Jump Above $50 a Barrel on Monday

Crude oil futures settled at their highest points since July 2015 on Monday as the energy industry continued to grasp the details of OPEC’s agreement to curb production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude rose 11 cents, or 0.2%, to settle at $51.79 a barrel, marking …

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Completion Reports December 6, 2016

  KINGFISHER COUNTY Oklahoma Energy Acquisitions Lp 23 15N 6W Huntsman Pilot 1, November 12, 2016 SH, SVC, TD: 8910 ft Lat: 35.76889, Long: -97.81288 API: 35073253940001 Oklahoma Energy Acquisitions Lp Miss’an (ex Chester): Oil 1056 Gas 760 Water 1514 Gas Lift 1 17N 5W Clark 1705 5-12mh, October 02, 2016 HH, OIL, TD: 11900 …

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Permits to Drill December 6, 2016

  Blaine County BUTTERFINGER #22-1H, December 05 2016 22 18N 12W N2NWNWNW API: 01123688 Lat: 36.02793909990814, Long: -98.47541543298755 CARRERA ENERGY LLC HH, DR, 14082 ft, MISSISSIPPIAN(9410), WOODFORD(10010) Garvin County SYMPSON #13-6-7XH, December 05 2016 31 3N 4W NESESWSW API: 04925088 Lat: 34.68228054715324, Long: -97.66428729760555 CONTINENTAL RESOURCES INC HH, DR, 26319 ft, SYCAMORE(15266), WOODFORD(15417), HUNTON(15804) Kingfisher …

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First Real Blast of Winter coming Wednesday to the State

  Oklahoma is bracing for its first real arctic blast of the approaching winter with temperatures dropping to the single digits in the Panhandle and teens elsewhere. The blast is to arrive Tuesday night and early Wednesday, resulting in day-time highs on Thursday only in the 20s across northern Oklahoma and 30s in the south. …

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North Dakota Pipeline Builders Call Government’s Halt of work “purely political”

  While Hollywood celebrities and Native Americans are celebrating the Obama administration’s decision to stop construction of the Dakota Access pipeline in North Dakota, the pipeline owners are denouncing the decision. Energy Transfer Partners, L.P. and Sunoco Logistics Partners L..P. called it a “purely political action” by the Army Corps of Engineers not to grant …

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Two More Earthquakes Rattle Pawnee and Cushing

Days after a U.S. Geological Survey report indicated state regulatory actions on wastewater injection wells appeared to be working in reducing large earthquakes in northern Oklahoma, Pawnee and Payne Counties were rattled by quakes Sunday night and Monday morning. The 3.9 magnitude quake, with an epicenter east of Pawnee was recorded at 9:22 p.m. and resulted …

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Chesapeake Dumps More Holdings to Ease Debt Load

Chesapeake Energy’s announced another $450 million dollar sale of its natural gas assets.  It involves nearly 78,000 net acres in the Haynesville Shale area of northern Louisiana. A private company has made the purchase but Chesapeake did not disclose the identity in making the announcement early Monday. The sale includes 250 wells with a current …

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Inhofe says Iran Can’t be Trusted

With the Iran Sanctions Act set to expire at the end of the year, the U.S. Senate and the House recently approved an extension of the act and had the support of Oklahoma U.S. Sen. Jim Inhofe. “In failing to adhere to United Nations Security Council Resolutions, Iran has repeatedly demonstrated it cannot be trusted,” …

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Sen. Lankford Says It’s Time to Pull the Plug on Renewable Fuel Standard Program

If Oklahoma U.S. Sen. James Lankford gets his way, the Environmental Protection Agency’s Renewable Fuel Standard program will be history. At a recent hearing of the Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal management, the Senator said it’s time Congress repealed the entire RFS program. “The ethanol Renewable Fuel Standard mandates …

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