On their way to the State House of Representatives are two bills coming from the House Energy and Natural Resources Committee. One measure calls for changes in the state’s mining laws that focus on the use of explosives in mines. SB 370, carried in committee by Rep. Rick West of LeFlore County amends the mining …
April 2017 archive
WTI and Brent Crude Continue Climb on Thursday
Crude oil futures rose again on Thursday as traders looked past growing domestic oil supplies to expectations for a continued pickup in refinery activity and a more favorable global backdrop, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude rose 55 cents, or 1.1%, to settle at $51.70 a …
Permits to Drill April 7, 2017
Canadian County WOOLFOLK #2H-1720X, April 06 2017 17 14N 10W NENWNENE API: 01724993 Lat: 35.69579101539114, Long: -98.28045455624898 CIMAREX ENERGY CO HH, DR, 21500 ft, MISSISSIPPIAN(11400) Canadian County WOOLFOLK #1H-1720X, April 06 2017 17 14N 10W SENENENE API: 01724992 Lat: 35.694966902249135, Long: -98.2790233010601 CIMAREX ENERGY CO HH, DR, 21500 ft, MISSISSIPPIAN(11400) Ellis County ROCKIES 33 …
Completion Reports April 7, 2017
CARTER COUNTY Chatham Vickie R 22 3S 2W Coline A (Coline Oil Co 8) 8, February 14, 2017 SH, INJ, TD: 1030 ft Lat: 34.27851, Long: -97.40334 API: 35019060090001 TEXAS COUNTY Merit Energy Company Morrow Up: Oil 17.4 Gas 22 Water 799 Pump 26 3N 13E Smcu 113, February 17, 2017 SH, OIL, TD: …
State Environmental Regulators Meet in Washington
State environmental regulators have gathered in Washington DC for their first meting since President Trump took office along with Scott Pruitt, the new administrator of the EPA. Dozens from around the U.S. are on hand for the spring meeting of the Environmental Council of States or ECOS. Pruitt will keynote the event on Friday. …
California Mobile Medical Company Expands Operations to Oklahoma
Governor Mary Fallin has announced California based Mobile Medical Examination Inc. is expanding its operations to Oklahoma, creating another 400 new jobs in the state over the next five years. “As part of our expansion plan and to better serve our national footprint, we researched and spoke to a number of different state governments. I’m …
Ruling Still Leaves Door Open to Another Earthquake Lawsuit
An attorney with Public Justice says even if an Oklahoma City federal judge tossed the group’s earthquake lawsuit against some Oklahoma energy companies, it doesn’t end the state’s responsibility. Paul Bland, Executive Director of the organization said the lawsuit filed for the Sierra Club shows more must be done by the state to control wastewater …
More Major Producing Oil Wells in Oklahoma’s STACK
Kingfisher county continues to see more major-producing oil wells reported with one producing nearly 2,000 barrels a day and another with more than 1,000 barrels in daily production. As OK Energy Today’s completion reports showed, Houston-based Newfield Exploration Mid-Con Inc. brought in a well with production of 1,929 barrels a day along with 3,251 Mcf …
OKC Office Building Sold to Groendyke Family for $11.5 million
The $11.5 million purchase of a north Oklahoma City office building by Goendyke Oil and Gas Properties LP wasn’t what it appears to be. Turns out the purchase of the Northshore Office Plaza at 10,900 Hefner Pointe Drive was a Groendyke family investment, not one by the Groendyke Transportation Company based in Enid. Company spokesman …
Energy Tax Debate Remains Emotional for All Sides in Oklahoma
One thing is clear about the ongoing debate before the legislature about Oklahoma’s gross production tax against the oil and gas industry….it is an emotional issue on all sides. It pits vertical-well drillers against horizontal well operators in a battle to increase the gross production tax from the current 2 percent to 7 percent. Legislation …