May 18, 2017 archive

Crude Oil Futures Rise Higher on Thursday

Crude oil futures settled slightly higher on Thursday despite data suggesting that supply inventories are shrinking at a snail’s pace, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude finished up 28 cents, or 0.6%, to settle at $49.35 a barrel. Brent crude, the global benchmark, added 30 cents, …

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Completion Reports May 19, 2017

  DEWEY COUNTY Mewbourne Oil Company Cleveland(9042): Oil 110 Gas 158 Water 2045 Flow 16 17N 19W Dean 9 Nc 1hc, April 23, 2017 HH, OIL, TD: 14050 ft Lat: 35.95618, Long: -99.23436 API: 35043234240001 GRADY COUNTY Continental Resources Inc Springer(12328): Oil 1808 Gas 2952 Water 1449 Flow 11 6N 6W Trammell 1r-11-14-23xh, February 10, …

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Permits to Drill May 19, 2017

  Canadian County CARPENTER #1-20H, April 19 2017 17 11N 6W SWSWSWSW API: 01725000 Lat: 35.42141547647768, Long: -97.8654453500775 CIMAREX ENERGY CO HH, AM, 14501 ft, MISSISSIPPIAN(9360) Canadian County ASHCRAFT #1-19H, April 19 2017 17 11N 6W SWSWSWSW API: 01724999 Lat: 35.421415476971994, Long: -97.8655124737082 CIMAREX ENERGY CO HH, AM, 14594 ft, WOODFORD(9604) Canadian County COPELAND #6-33H, …

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Grassley Upset about Energy Department Wind and Grid Study

With his state generating the second-most wind power of any state in country, Iowa U.S. Senator Chuck Grassley sent a letter this week to Energy Secretary Rick Perry expressing concern over an upcoming analysis of grid reliability. In his letter, the Republican Senator called it “a hastily developed study” that “appears geared to undermine the wind …

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Energy Operations Hit Hard by Elk City Tornado

When a tornado plowed into south Elk City this week, it hit squarely in a business district filled with a handful of energy companies. The storm destroyed operations at National Oilwell Varco and Fairway Resources and badly damaged the offices of LuGreg Trucking and C and J Energy. The tornado didn’t destroy the LuGreg Trucking …

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Elk City Oilfield Supplier Vows to Rebuild After Tornado

“You can’t sit around and whine about things you can’t control. We’ll pick up where this tornado left off and keep moving ahead.”  Josh Moran. Elk City.   Days after a tornado wiped out his company’s headquarters in the south side of Elk City, businessman Josh Moran says he has no intention of not rebuilding. …

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Pruitt Will Go ‘Face-to-Face’ in June with World Climate Leaders

EPA Administrator Scott Pruitt will travel to Italy early in June to attend a Group of Seven meeting. It’ll be a face-to-face meeting with environmental minister who strongly support international climate action. Pruitt will meet with six of his foreign counterparts on June 10 and 11. They sharply oppose his views. Pruitt, the former Oklahoma …

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Turnpike Director Tells US Senate States Need Federal Government Help

When he went before a U.S. Senate subcommittee hearing this week, Oklahoma Turnpike director Tim Gatz made it clear that states need more help from the federal government in maintaining and improving the nation’s highways. “The conditional deficiencies of a long underfunded national transportation system cannot be resolved by the States along and requires an …

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Transportation Secretary Speaks With Inhofe About Federal Commitment to Highway Improvements

A day after Sen. Jim Inhofe chaired a Senate subcommittee hearing into the government’s FAST plan to improve highways, bridges and seaways, U.S. Transportation Secretary Elaine Chao spoke with the senator during a full hearing by the Senate Environment and Public Works Committee. “Most of us are very, very excited about the prospects of an …

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