December 19, 2016 archive

WTI Settles Higher, Brent Lower on Monday

Oil prices ended slightly higher on Monday following a volatile day of choppy trading as the January WTI contract was set to expire, according to Bloomberg MarketWatch. February West Texas Intermediate crude oil closed up 11 cents, or 0.2%, to end trading at $53.06 a barrel on the New York Mercantile Exchange. The January contract, …

Continue reading »

Glass Mountain Pipeline Extension From the STACK to Cushing in the Works

Tulsa-based SemGroup Corporation and NGL Energy Partners LP announced Monday that it will construct a 44-mile pipeline extension via its joint venture, Glass Mountain Pipeline, LLC. The Glass Mountain Pipeline extension will deliver crude oil from the STACK to Cushing, Oklahoma, according to the press release. “We’re excited about this opportunity to enter the STACK,” said David Minielly, vice …

Continue reading »

Unit Corporation Names J. Michael Adcock as New Board Chairman, Announces Retirement of John Nikkel

Tulsa-based Unit Corporation announced Monday that Chairman John Nikkel is retiring as chairman of the board effective December 31, 2016, according to a company press release. J. Michael Adcock, a current board member, has been elected to serve as the energy company’s new chairman. Adcock has served on Unit Corporation’s board of directors since 1997. …

Continue reading »

Completion Reports December 20, 2016

  ALFALFA COUNTY Chesapeake Operating Llc 15 25N 12W Betty Jo 22-25-12 1h, November 07, 2016 HH, OIL, TD: 11662 ft Lat: 36.63838, Long: -98.48304 API: 35003232090001 Chesapeake Operating Llc 15 25N 12W Raleigh 15-25-12 1h, November 05, 2016 HH, OIL, TD: 11037 ft Lat: 36.63838, Long: -98.48309 API: 35003232080002 ELLIS COUNTY Jones Energy Llc …

Continue reading »

Permits to Drill December 20, 2016

  Alfalfa County JEREMY WHITE 35&26-25-11 #2H, December 19 2016 02 24N 11W NWNWNWNW API: 00323268 Lat: 36.593382058162675, Long: -98.35388417488049 CHESAPEAKE OPERATING LLC HH, DR, 16300 ft, MISSISSIPPIAN(6060) Alfalfa County JEREMY WHITE 35&26-25-11 #1H, December 19 2016 02 24N 11W NWNWNWNW API: 00323267 Lat: 36.59338205883436, Long: -98.35398636162981 CHESAPEAKE OPERATING LLC HH, DR, 16300 ft, MISSISSIPPIAN(6060) …

Continue reading »

OIPA Names Executive Vice President

Tim Wigley has been named executive vice president of the Oklahoma Independent Petroleum Association. In the position, Wigley will direct the association’s legislative outreach efforts at the state and federal level on behalf of Oklahoma’s independent oil and natural gas industry. Following the 2017 retirement of current OIPA President Mike Terry, Wigley will assume the …

Continue reading »

Oklahoma’s Unemployment Rate Sees Slight Improvement

Oklahoma’s jobless rate fell slightly in November, reaching 5.1 percent but it remains a full one percent higher than one year ago according to figures released by the Oklahoma Employment Security Commission. The one-tenth of a percent drop translated into trimming the number of unemployed by 2,000 over the month to an estimated 93,055. But …

Continue reading »

Texas is Getting Another Wind Farm

  Texas is getting another major wind farm, this time in the far southern reaches of the state in Willacy County. Construction on Bruenning’s Breeze Wind Farm is underway by E.ON. It is E.ON’s 22nd wind farm in the U.S. and the second in Willacy County, Texas. The 228 megawatt farm will consist of 76 …

Continue reading »

Iowa Farmers Protest Dakota Access Pipeline

A district judge in Des Moines, Iowa is considering the protests of landowners who contend they were forced by a Texas oil company to allow the firm to build the Dakota Access oil pipeline on their land. Arguments were heard late last week in the lawsuit filed by about a dozen landowners who have challenged …

Continue reading »

Pruitt’s Environmental Actions Under Question

One of the topics Oklahoma Attorney General Scott Pruitt might have to answer during his confirmation hearing to become Environmental Protection Agency Administrator is why he eliminated the Environmental Protection Unit in his state office six years ago. The subject was raised in a recent Environment and Energy article by reporter Mike Soraghan who noted …

Continue reading »