May 12, 2017 archive

Completion Reports May 15, 2017

  BECKHAM COUNTY Le Norman Operating Llc Desmoines: Oil 63 Gas 450 Water 1380 Flow 36 11N 21W Thoroughbred 1h-36, February 09, 2017 HH, OIL, TD: 17744 ft Lat: 35.39245, Long: -99.37900 API: 35009219820000 CANADIAN COUNTY Devon Energy Production Co Lp Mississippian (less Chester)(9588): Oil 472 Gas 1085 Water 1976 Flow 1 13N 8W Iron …

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Permits to Drill May 15, 2017

  Blaine County HUIATT #1-34-3XH, May 12 2017 34 13N 13W NENENESE API: 01123802 Lat: 35.55811404664349, Long: -98.56236306110672 CONTINENTAL RESOURCES INC HH, DR, 23080 ft, MISSISSIPPIAN(14840), WOODFORD(15620), HUNTON(15780) Dewey County ANITA 817-19-17 #1H, May 12 2017 20 19N 17W S2N2NENE API: 04323513 Lat: 36.11401192251068, Long: -99.02870956704314 TAPSTONE ENERGY LLC HH, DR, 21400 ft, MISSISSIPIAN(10900) Kingfisher …

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Losses Hit Tulsa’s Cypress Energy in First Quarter

Tulsa’s Cypress Energy Partners, L.P. reported this week a drop in revenues for the first quarter of 2017.  Total revenues were $64.7 million, down 11.9 percent from the same quarter a year earlier. But Peter C. Boylan III, CELP’s Chairman and Chief Executive Officer had an explanation. “As discussed in March, the first quarter is …

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Environmental Group Wants Investigation of Scott Pruitt’s Increased Number of Bodyguards

An environmental group is calling on the U.S. EPA to investigate the use of criminal enforcement officers as bodyguards for Administrator Scott Pruitt. It was made by the Environmental Integrity Project whose executive director, Eric Schaeffer says the inspector general should begin the investigation. Schaeffer contends the reassignment of special agents from investigating environmental crimes …

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Budget Deal Likely to Involve Gross Production Tax Hike……but How Much?

Governor Mary Fallin is clearly growing anxious with only five working days remaining before the legislative deadline and there is still no agreement on a budget deal. It was obvious as she spoke with OK Energy Today on Friday while the State Senate held a rare Friday session. The State House, the legislative body responsible …

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386 Producing Wells Bought by Wildhorse Resources in South Texas

Houston,Texas-based WildHorse Resource Development Corporation has just announced a $625 million purchase of 111,000 net acres and associated production from Anadarko Petroleum Corporation. The land is located in south Texas and the counties of Burleson, Brazos, Lee, Milam, Robertson and Washington counties next to the existing acreage held by WildHorse. The purchase includes 68 Eagle Ford …

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Indian Pueblo in New Mexico Joins Ranks of Sites for Electric Charging Stations

If your electric car needs a recharge and you happen to be driving in New Mexico, now there’s a new charging station at an American Indian pueblo. The Public Service Company of New Mexico announced the charging station will be placed at Santo Domingo Pueblo located between Albuquerque and Santa Fe. The station is being …

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Tulsa Welders Recall Their Role in Building Trans Alaska Pipeline

As the 40th anniversary approaches for the Trans Alaska Pipeline System, the observation is being noticed in Tulsa, Oklahoma. That’s the headquarters for the Pipeliners Local Union 798 whose members were the welders who built the 800 mile-long pipeline. They were the ones who welded the 40-foot sections of 48-inch pipe beginning March 27, 1975. …

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Noble Foundation Creates New Name for Its Research Wing

A new name for the scientific research wing of the Samuel Roberts Noble Foundation has been announced. After 71 years, it’s being changed to the Noble Research Institute. Bill Buckner, president and CEO of the Noble Foundation made the announcement this week in Ardmore. “The Noble Foundation is going to take a big-bold step forward. …

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WTI, Brent Crude Surge on Thursday Due to Inventory Reports

Oil prices jumped on Thursday as traders were encouraged by a larger-than-expected decline in weekly U.S. crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude climbed 50 cents, or 1.1%, to settle at $47.83 a barrel. July Brent crude, the global benchmark, tacked on 55 cents, or 1.1%, …

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