March 2017 archive

Oil and Gas Firms Seek More Workers

While Oklahoma’s oil and gas sector added 700 jobs in January, according to the Oklahoma Employment Security Commission, (see OK Energy Today) a look into want ads shows there is a demand for more workers. Economist Lynn Gray at the Commission is optimistic about what the jobs report for February will show. He might have …

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STACK Scores Another Big Well

The latest big well to be discovered in Oklahoma’s STACK is producing nearly 1,100 barrels of oil a day in Blaine County. Oklahoma City-based Devon Energy Production Company’s completion report filed with the state showed the Chisholm Trail well located mid-way between Kingfisher and Watonga is producing 1,062 barrels a day along with 2,996 Mcf …

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Inhofe Boldly Declares Again—Man-Made Climate Change is a Hoax

Already with a reputation of being a climate change ‘denier’, Sen. Jim Inhofe took to the senate floor again this week to again refute claims of ‘man-made’ climate change. And he also leveled accusations against President Obama of spending billions without authorization on climate-change programs. “The hoax is that some in the far left believe …

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Saudi Arabian Supply Data Dooms Tuesday Crude Oil Settlements

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 …

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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 …

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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) …

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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 …

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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. …

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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 …

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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 …

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