If the International Energy Agency is correct, this current oil bust will be responsible for creating the longest period of declining investment in the energy industry in half a century. Oil and gas investment dropped by 25 percent last year to just $583 billion, according to the report from Fatih Birol, the executive director …
Latest oil production figures from the U.S. Energy Information Administration. New-well oil production per rig barrels/day New-well gas production per rig thousand cubic feet/day Region September 2016 October 2016 change September 2016 October 2016 change Bakken 875 896 21 1,189 1,228 39 Eagle Ford 1,153 1,170 17 3,335 3,382 47 Haynesville 31 31 – …
Oklahoma Congressman Steve Russell is out with his latest “Waste Watch” report, one detailing $10 billion in what he calls wasteful government spending including hundreds of thousands spent on off-roading trails in West Virginia. But the Republican Representative (5th Dist. Ok.) led off his list with the U.S. paying $1.7 billion in legal settlement …
The Republicans who issued subpoenas to state Attorneys General and environmental groups investigating Exxon Mobil Corp. received legal advice this week giving them support for what they’re doing. Three of four law professors from schools around the country told Representatives Frank Lucas and James Bridenstine and others on the U.S. House Committee on Science, space …
With a massive crowd expected Saturday in Norman for the football game between OU and Ohio State, Donald Trump will bring his Presidential campaign to the city. But OU President David, a longtime Democrat makes it clear, he has not and will not issue a personal invitation to Trump to attend the afternoon game. It’s …
While thousands of Indians and environmentalists are camped in North Dakota fighting the Dakota Access oil pipeline, the D.C. Circuit Court in Washington has heard arguments for and against the project. It’s where the Standing Rock Sioux tribe took their case after a North Dakota federal judge last week refused to block the $3.8 …
ALFALFA COUNTY Chesapeake Operating Llc Mississippian(5716): Oil 289 Gas 1848 Water 928 Artificia 16 26N 11W Becky 16-26-11 2h, June 29, 2016 HH, OIL, TD: 10100 ft Lat: 36.72533, Long: -98.38952 API: 35003231250001 Chesapeake Operating Llc Mississippian(5761): Oil 266 Gas 1460 Water 1458 Artificia 16 26N 11W Sarah Jane 16-26-11 3h, July 03, 2016 HH, …
Oil futures settled near a two-week low on Wednesday, as traders experienced a volatile day focusing on an increase in domestic output despite an unexpected decline in crude oil stockpiles, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell by $1.32, or 2.9%, to settle at $43.58 a barrel. …
MORGANTOWN, W.Va. (AP) — President Barack Obama’s energy secretary said Monday that the administration isn’t waging a “war on coal” and is working to maintain coal as an important part of a low-carbon energy future. At the Mid-Atlantic Region Energy Innovation Forum at West Virginia University, U.S. Energy Secretary Ernest Moniz said Congress needs to …
While protesters led by the Standing Rock Sioux continue to vandalize construction equipment in a protest of the Dakota Access oil pipeline in North Dakota, the head of the company says it’s committed to the project. Kelcy Warren, CEO of Energy Transfer partners told employees in a memo that the pipeline is nearly 60 percent completed …
