2016 archive

Man Admits to Stealing Oilfield Explosives in North Dakota

A man in North Dakota has signed a plea agreement with the government after he was arrested in May and charged with storing 200 explosives stolen from two oil and gas companies in the state. Prosecutors in Fargo say Tyler Porter used a cutting torch to open padlocked bunkers and steal the explosives. When they …

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A Weak Energy Industry Still Hurts the Midwest Economy

The economies of Oklahoma and 8 other states that make up Creighton University Ernie Goss’s Mid-American Business Conditions Index just aren’t getting stronger. It’s the finding in his August index released Thursday, which showed a drop in numbers for the second consecutive month. “That’s just not good,” said Goss in his video release of his …

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Losses of Oil and Gas Jobs Continue to Hurt Oklahoma’s Employment Figures

The latest figures from the State of Oklahoma indicate the latest jobless rates, those for the month of July, saw increases compared to a year ago. And the state’s energy industry played a role in the hikes. Unemployment rates were higher than a year earlier in 71 of 77 counties, lower in four counties and …

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Big Gains for the Month, Lower WTI and Brent Crude Settlements on Wednesday

Oil futures settled lower on Wednesday after a U.S. government report revealed a larger-than-expected weekly increase in crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude slipped $1.65, or 3.6%, to settle at $44.70 a barrel. The settlement was the lowest since August 12. For the month, …

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Permits to Drill September 1, 2016

Beckham County BARNETT 29/28-11-21 #2H, August 31 2016 33 11N 21W NWSWNWNW API: 00921980 Lat: 35.390832717897865, Long: -99.43437183684406 ATALAYA RESOURCES LLC HH, DR, 18400 ft, DES MOINES(12250) Beckham County BARNETT 29/28-11-21 #3H, August 31 2016 32 11N 21W NWSWNWNW API: 00921981 Lat: 35.390900662793165, Long: -99.45202693629255 ATALAYA RESOURCES LLC HH, DR, 18200 ft, DES MOINES(12250) Blaine …

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Improvements Coming at Norman CNG Station

A $10,000 grant from the Association of Central Oklahoma Governments will mean improved service at Norman’s municipal CNG fueling station. The Norman Transcript reports the grant will be used to increase storage of the gas and relieve pressure on the city’s compressors. It will also mean faster service not only for customers but operators of …

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Before Death, McClendon Mortgaged his Share in OKC Thunder

  The picture was widely used before Aubrey McClendon’s death….one of him cheering on the Oklahoma City Thunder, the NBA team in which he had a 20 percent share. Now comes a report from the Wall Street Journal that before his death in March, the energy magnate mortgaged his share of the team. The story …

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New Anti-Oil and Gas Methane Report Ranks Oklahoma With Some of the Worst Health Problems

Oklahoma doesn’t have the worst health problems due to methane gas releases from the oil and gas industry in the nation but it’s in the top ten, according to a new analysis from two national environmental groups.  As for the worst, they belong to Texas, especially the Dallas-Fort Worth and San Antonio areas. But in …

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DFW Considering $9 million Settlement Offer from Chesapeake Energy

The $9 million offer made by Oklahoma City-based Chesapeake Energy to settle a lawsuit filed by the Dallas Fort Worth International Airport Board was discussed by the board this week. It’s unclear if the matter was formally approved. The board held a closed session as it sought the advice of legal counsel in settling the …

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BNSF Experimenting with Drones for Track Inspections

Don’t be too surprised if soon you see drones or unmanned aircraft vehicles flying over railroad tracks in Oklahoma and other states where the Burlington Northern Santa Fe Railway operates. The rail line has been carrying out experiments in New Mexico to inspect tracks and at the same time working with the Federal Aviation Administration …

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