A monthly report released on Tuesday by OPEC raised further doubts whether major crude producers will continue their efforts to rebalance the oil market, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, April West Texas Intermediate crude fell 68 cents, or 1.4%, to settle at $47.72 a barrel, marking a decline for a seventh …
March 14, 2017 archive
Completion Reports March 15, 2017
BLAINE COUNTY Devon Energy Production Co Lp Woodford(10361): Oil 1062 Gas 2996 Water 1366 Flow 25 16N 10W Chisholm Trail 19_18-16n-9w 1hx, February 23, 2017 HH, OIL, TD: 20352 ft Lat: 35.83986, Long: -98.20777 API: 35011236380001 CADDO COUNTY Kirkpatrick Oil Company Inc Marchand(9908): Oil 100 Water 15 Pump 30 9N 9W Captain 1-30, January …
Permits to Drill March 15, 2017
Blaine County REDWOOD 21-15N-11W #1H, January 05 2017 21 15N 11W SESESESW API: 01123718 Lat: 35.75479098354597, Long: -98.37604155056808 DEVON ENERGY PRODUCTION CO LP HH, AM, 16276 ft, MISSISSIPPIAN(10370), WOODFORD(12060) Canadian County RICK #1-8H, March 14 2017 08 11N 9W E2E2SESW API: 01724982 Lat: 35.43671648206374, Long: -98.17605207942091 ROX EXPLORATION INC HH, DR, 14500 ft, OSWEGO(10270) …
Lawsuit Accuses Chesapeake of Mismanaging Retirement Investments
Three former employees of Chesapeake Energy have filed a federal lawsuit accusing the Oklahoma City energy company of violating a federal retirement act and causing the loss of tens of millions of dollars in its retirement program. The suit (CIV-17-279-R) was filed by David A. Scholl, Brian K. Glover and Dennis W. Vaughn who at …
Pruitt Stays EPA’s Chemical Storage Rule
Under orders of Administrator Scott Pruitt, the EPA has stayed a controversial rule that was to have taken effect on Tuesday in a move to prevent explosions and accidents at refineries and chemical plants. The former Oklahoma Attorney General decided to reconsider the Risk Management Program which was fought by Sen. Jim Inhofe and others. …
Rep. Bridenstine Waiting for Trump Decision on NASA
While Congress is abundantly aware that Oklahoma U.S. Rep. Jim Bridenstine would like to become the next NASA administrator, no such decision has been made at the Trump White House. If it has, it has not been announced. It was last fall when the Republican congressman from the 1st District announced his intentions to seek …
Senate Votes to Strip Landowners of Tool in Fighting Wind Farms
Just because the legislature appears intent on wiping out tax credits for the wind industry doesn’t mean legislators are totally against the industry. In recent days, the Oklahoma Senate voted 36-8 in support of Senate Bill 593 by Senate President Pro Tempore Mike Schulz of Altus and House Speaker Charles Mccall. The bill strips …
Oklahoma’s Oil and Gas Added 700 Jobs in January
As Oklahoma’s oil and gas sector added jobs in the past few months, it helped the state trim the jobless rate for January from 4.8% to 4.7% according to figures released by the Oklahoma Employment Security Commission. It still leaves 85,324 Oklahomans out of work. But employment grew by an estimated 6,700 jobs to reach …
Tulsa Company Forced to Use Eminent Domain in Pipeline Construction
One of the latest fights against a pipeline is taking place in northwest Georgia where work is underway on what’s called the Dalton expansion project. It’s being built by Transcontinental Gas Pipe Line Co. LLC, a subsidiary of Williams Partners LP of Tulsa in conjunction with Atlanta-based Dogwood Enterprise Holdings Inc. In this case, TRANSCO …