Energy facts for consideration in Oklahoma. The average price for oil in Oklahoma in June was $44.94. Two years ago, it was $101.29 a barrel, according to a monthly report issued by the Oklahoma Corporation Commission on oil and gas activity. The nearly $45 average for June 2016 compares to $55.99 a barrel in June of …
Just as city leaders in Albuquerque, New Mexico anticipated work to begin this week on a new Rapid Transit system, business owners went to court and the Denver federal appeals court halted the project. Business owners cried foul over what the Albuquerque Rapid Transit or ART would do to the character of Route 66, the …
As the commission tasked with reviewing some of the tax credit programs in Oklahoma meets Wednesday, Oklahoma’s Director of the Office of Management and Enterprise Services says the commission is already on track to do a good and effective job. Writing in this month’s Oklahoma Economic Report, issued through the state Treasurer’s office, Preston Doerflinger …
Gasoline prices have again slipped in Oklahoma, reaching an average of $1.92, a drop of 2 cents over the past week, according to figures compiled by AAA Oklahoma. The organization says Oklahoma is tied with Arkansas for the fifth lowest average price in the nation. Fourteen states have averages under $2 a gallon with South …
From trails for bicycles and pedestrians to fixing a highway plagued by landslides, the Oklahoma Transportation Commission took action in favor of several projects this week. As News on 6 reported on its website, repairs were okayed for a highway in northeastern Oklahoma. Commissioners voted in favor of fixing landslide damage on Highway 51 between Sand …
One of Chesapeake’s latest oil wells is a 684 barrel-a-day well close to the Kingfisher County town of Dover. The completion report, as published by OK Energy Today, shows the MUEGGENBORG well is only a mile southeast of Dover. It was also a fast-moving operation since Chesapeake Operating LLC had a May 4 spud date …
For those in Oklahoma who want an example of how events half-way across the globe can affect us, consider the latest news from Tehran, Iran. It applies to the lifting of the oil embargo as well as the deal that Boeing, the company with large operations at Tinker Air Force base in Oklahoma City, recently …
Seventy Seven Energy Inc. announced on Monday that it has emerged from Chapter 11 bankruptcy protection after successfully completing its prepackaged restructuring and recapitalization efforts, according to a company press release. The Oklahoma City-based company filed for Chapter 11 reorganization in the United States Bankruptcy Court for the District of Delaware on July 14, 2016. …
The bears clawed their way to the top of an unstable oil futures market as both West Texas Intermediate and Brent crude fell sharply on Monday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September WTI crude dropped $1.54, or 3.7%, to end at a three-month low of $40.06 a barrel, allowing the …
ALFALFA COUNTY Sandridge Exploration & Production Llc Mississippian(5500): Oil 153 Gas 1407 Water 3151 Pump 28 28N 11W Morgan Trust 2811 1-28h, June 23, 2016 HH, OIL, TD: 11457 ft Lat: 36.87058, Long: -98.38606 API: 35003232540000 GARVIN COUNTY Charter Oak Production Co Llc 1 4N 3W May West 1-1, January 05, 2016 SH, PLUG, TD: …
