January 2017 archive

WTI and Brent Book Slight Gains on Tuesday as Traders Await Inventory Data

Crude oil futures settled slightly higher on Tuesday as traders remained concerned about domestic production output during a time when the OPEC production curb appears to be working favorably, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, March West Texas Intermediate crude tacked on 18 cents, or 0.3%, to settle at $52.81 a …

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Phillips 66, DEQ Update Stephens County Commissioners on Remediation at Duncan Refinery Site

Houston-based Phillips 66 Company provided the Stephens County Commissioners with an update on Monday morning regarding the status of its environmental remediation project covering 446 acres at the former Duncan Refinery site, according to a report by the Lawton Constitution. Located nearly four miles south of Duncan on Refinery Road and old U.S. Highway 81, …

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Completion Reports February 1, 2017

  GRADY COUNTY Citizen Energy Ii Llc 22 10N 6W Hardesty 2h-22-27, February 22, 2016 HH, GAS, TD: 18241 ft Lat: 35.32820, Long: -97.82918 API: 35051240060001 KAY COUNTY Territory Resources Llc 8 25N 2E Wilkerson 1-8, October 25, 2016 SH, OIL, TD: 3945 ft Lat: 36.65550, Long: -97.10732 API: 35071247930002 KINGFISHER COUNTY Devon Energy Production …

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Permits to Drill February 1, 2017

  Kingfisher County HELEN 6-17-6 #3H, January 30 2017 31 18N 6W SESWSESW API: 07325506 Lat: 35.986605060457585, Long: -97.88377376480805 CHESAPEAKE OPERATING LLC HH, DR, 11800 ft, OSWEGO(6467) Kingfisher County HELEN 6-17-6 #4H, January 30 2017 31 18N 6W SESWSESW API: 07325505 Lat: 35.986522651293484, Long: -97.88377377121898 CHESAPEAKE OPERATING LLC HH, DR, 11800 ft, OSWEGO(6467)  

Lawton Legislator Pushes Plan to Replace Energy Sector Taxes

Freshman Rep. John Michael Montgomery has a vision—–doing something to get Oklahoma’s state revenue off what he considers to be volatile sources—income taxes and gross production taxes. The Lawton Republican is promoting his “Vision 2050”, a bill he filed to be considered in this session of the legislature. House Bill 1400, as he explained in …

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Coal Cleaning Experiment Successful in Eastern Oklahoma Power Plant

Thanks to a coal-cleaning experiment in a southeast Oklahoma coal-fired power plant, New York-based Clean Coal Technologies is taking the project to Wyoming where it will be carried out in a larger base. As the Oklahoman reported Tuesday, the company is expanding its efforts to clean coal before it’s burned. And the project at the …

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Perry and Zinke Win Positive Recommendations From Senate Energy Committee

Both former Texas Governor Rick Perry and Montana Rep. Ryan Zinke won recommendations of approval from a Senate Committee on Tuesday…Perry to be Energy Secretary and Zinke to be Secretary of the Interior. The votes from the Senate Energy and Natural Resources committee chaired by Alaska Sen. Lisa Murkowski (R) were along party lines. Zinke’s nomination …

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Native Americans Threaten Encampment to Block Diamond Pipeline

  Could Oklahoma become the site of a Dakota Access style oil pipeline protest?  it’s what some Native American activists and environmentalists suggested this week as they voiced opposition to the $900 million Diamond pipeline. The line will carry oil from Cushing to Memphis, Tennessee. “We are forming a coalition. We are organized and we …

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Oil and Gas Group Leader Says Anti-Diamond Pipeline Protesters Don’t Have Their Facts Straight

The Native American protesters and environmentalists who announced this week plans to block and fight the proposed $900 million Diamond pipeline are being accused of misleading the public and distorting the facts. “Let’s be clear what they are,” said Chad Warmington, President of the Oklahoma Oil and Gas Association in a Tuesday morning interview on …

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Magellan Midstream Pipeline Spill Smaller than Originally Estimated in Northern Iowa

  Magellan Midstream Partners of Tulsa is reporting the break of one of its pipelines in northern Iowa is far less than originally feared. The company says the amount of spilled diesel fuel was closer to 47,000 gallons rather than the 139,000 initially reported last week, according to the Mason City Globe Gazette. The rupture …

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