March 2017 archive

3-Judge Panel to Hear Government’s Appeal of Court Ruling Against Fracking Rules

The 10th U.S. Circuit Court of Appeals in Denver has identified the three judges who will consider the legal challenges to the Obama administration’s controversial hydraulic fracturing rules for public and tribal lands. Judges Jerome Holmes, Harris Hartz and Mary Beck Briscoe will preside over the hearings and the challenge of the oil and gas …

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Gen. Tom Stafford Still Enthusiastic About Space Travel

At age 86, retired Air Force Lt. General and Oklahoma native astronaut Tom Stafford is as excited about space travel as he ever was. His excitement was on recent display when he testified before the U.S. House committee on Science, Space and Technology, discussing the past, present and future of NASA. During the questions from …

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Bridenstine Calls for Changes to Current U.S. Aerospace Program

U.S. Representative Jim Bridenstine spoke up last week, calling for an increase in spending on military and commercial space programs, according to a report by The Tulsa World. “It’s truly disgraceful when U.S. companies, and U.S. astronauts, must hitch a ride on Russian rockets only to see Moscow use the fare to fund its military …

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Baker Hughes Rig Count: Oklahoma Adds Three, U.S. Tacks On 12 New Rigs

Oklahoma had the second-best rig growth last week with the addition of three new rigs while the U.S. rig count increased by 12, according to the Baker Hughes rig count released on Friday. Canada lost 20 rigs for a total of 315. Canada is up 217 rigs when compared with data from a year ago. …

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Oil Futures Tumble as WTI, Brent Book Losses Over 8% For the Week

Crude oil futures dropped for a fifth straight session loss on Friday, settling at their lowest level since late November, according to a report by Bloomberg MarketWatch. April West Texas Intermediate crude fell by 79 cents, or 1.6%, to settle at $48.49 a barrel on the New York Mercantile Exchange. For the week, prices lost 9.1%, …

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Completion Reports March 13, 2017

  DEWEY COUNTY Tapstone Energy Llc Mississippian(9540): Oil 277 Gas 2219 Water 2407 Flow 20 19N 17W Russell 17-19-17 1h, November 18, 2016 HH, OIL, TD: 16029 ft Lat: 36.11447, Long: -99.03649 API: 35043234770001 LINCOLN COUNTY Marjo Operating Mid-continent Llc Upper Skinner: Oil 1 Pump 24 16N 2E Kuelzer 1-19, January 12, 2017 HH, OIL, …

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Permits to Drill March 13, 2017

  Beaver County BARBY RANCH UNIT #2-8, March 10 2017 22 4N 25E S2SWNESE API: 00723915 Lat: 36.794277699814934, Long: -100.3476580877623 LIME ROCK RESOURCES II-A LP SH, RC, 7310 ft, TONKAWA(5170), MARMATON(5814) Blaine County LANDRETH BIA #1-14H, March 10 2017 14 15N 11W SESWSWSW API: 01123762 Lat: 35.76935880829824, Long: -98.34741871240149 MARATHON OIL COMPANY HH, DR, 16227 …

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Correction to Story About ACLU and Native American Groups Fighting Legislation

Our apologies but a correction is necessary from the story we carried this week about Native American environmental groups, the Sierra Club and the ACLU opposing some legislative bills. In our story dated March 8, we incorrectly identified Ashley McCray as being a member of the Citizen Potawatomi Tribe. Instead, she is an enrolled member …

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Former Tulsa Energy Exec Named New Mexico Energy Secretary

A former Tulsa oil executive has been confirmed to be the state of New Mexico’s Director of the Department of Energy, Minerals and Natural Resources. The New Mexico State senate has voted 32-4 to confirm the appointment of Ken McQueen by Republican gov. Susana Martinez. He will take over as Energy Secretary on the governor’s …

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Hamm Warns of ‘Killing’ the Oil Market with Too Much Oil Production

Billionaire oilman Harold Hamm issued a warning in Houston in the past few days suggesting the U.S. energy industry could literally kill the oil market if it launches another spending binge. Speaking at CERAWeek, the chairman and founder of Continental Resources Inc.told oil executives U.S. production could go high. “But it’s going to have to …

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