May 2017 archive

Permits to Drill May 9, 2017

  Canadian County VICKREY #1H-32-5, May 08 2017 32 11N 8W NWNWNWNW API: 01725010 Lat: 35.39160745896175, Long: -98.07787436238634 CITIZEN ENERGY II LLC HH, DR, 22980 ft, MISSISSIPPIAN(12250), WOODFORD(12450) Cimarron County JCH #4, May 08 2017 02 1N 9E CW2NWSW API: 02521076 Lat: 36.57916636187022, Long: -102.06699735186274 SEC PRODUCTION INC SH, DR, 4750 ft, MORROW SAND(4700) Creek …

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EPA Closely Watching Creek’s Pollution in Osage County

As the Tulsa World recently reported, three oil producers in Osage county might be asked to cease operations as the EPA investigates a saltwater leak of Bird Creek. An EPA administrator visited the site on the Chapman ranch last week. Sam Coleman, EPA Region 6 administrator and Kenneth Wagner, senior advisor to U.S. EPA Administrator …

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Small Town Founder to Testify Before US Senate

Oklahoma developer Grant Humphreys, a man who founded his own town at Lake Eufaula will be one of those testifying Tuesday before a U.S. Senate Subcommittee hearing exploring water resources. He will go before the Senate Environment and Public Works Committee subcommittee in a hearing to be chaired by Oklahoma U.S. Sen. Jim Inhofe. The …

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Gasoline Prices Drop Again in Oklahoma—-Hit $2.07 average

  Oklahoma gasoline prices dropped again in the past week, reaching an average of $2.07 a gallon, the lowest average since late March, according to AAA Oklahoma. In its weekly release of price average, AAA Oklahoma reported the state continued having the nation’s second lowest average. Only South Carolina has a lower average at $2.06 …

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Enable Announces New Pipeline to Transport Natural Gas from STACK and SCOOP

Oklahoma City-based Enable Midstream Partners is planning to build a natural gas pipeline to transport resources from the STACK and SCOOP, according to a report in The Oklahoman. The pipeline, dubbed Project Wildcat, will move 400 million cubic feet of natural gas daily through Canadian, Grady, McClain and Garvin counties and continue through southern Oklahoma …

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EPA’s Pruitt Recuses Himself From Oklahoma Lawsuits Filed Against Federal Agency

Scott Pruitt is recusing himself from lawsuits that he filed against the U.S. Environmental Protection Agency while he served as Oklahoma’s Attorney General, according to a report by CNN. His voluntary decision applies to two significant legal challenges – the Clean Power Plan and a Waters of the United States rule. “To demonstrate my profound …

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Fallin Signs House Bill 1123 to Deter Unruly Protests on Critical Property

Legislation prohibiting public protests on sites with critical infrastructure was signed into law by Governor Mary Fallin last week. The bill, authored by Rep. Scott Biggs of Chickasha, was advanced as a preventative measure to impede disruptive protests. Under House Bill 1123, anyone trespassing on critical property would be charged with a misdemeanor, resulting in …

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Baker Hughes Rig Count: Texas Adds 6, Oklahoma Loses 7 Rigs

Baker Hughes company reported 7 new rigs were added in the U.S. last week, raising the total rig count to 877, according to data released by Houston’s Baker Hughes Company. Compared with last year’s figures, the U.S. rig count has increased by 462. Only two states have triple digit active rig counts, with one showing …

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WTI and Brent Crude Rebound From Thursday’s Losses

Crude oil futures rebounded on Friday after Thursday’s big drop, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude rose 70 cents, or 1.5%, to settle at $46.22 a barrel. For the week, prices were nearly 6.3% lower after losing 4.8% on Thursday. On the London ICE Futures Exchange, July …

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Permian Resources Announces Restructuring Deal, New Company Name

A company with ties to the late Aubrey McClendon has reached an equity restructuring deal worth more than $1 billion, according to a report by The Oklahoman. Permian Resources LLC announced that OnyxPoint Global Management LP will forgive $325 million in debt in exchange for a stake in the company, which will be renamed Sable …

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