Environmentalists might not like it but new hydraulic fracturing techniques are being applied in the Bakken in North Dakota, a move that could result in even more oil being recovered, thus affecting the worldwide prices. A report in the Bismarck Tribune indicates that wells drilled between 2008 and 2010 are targeted for refracking because …
June 2017 archive
ODOT’s Gary Ridley to Retire as Transportation Secretary
A longtime veteran of the Oklahoma Department of Transportation has retired effective immediately. Gary Ridley, a 48 year ODOT employee, served as secretary of transportation for two governors during his tenure. “Gary Ridley’s name is synonymous with roads and bridges, in Oklahoma and across the country,” said Mary Fallin, Oklahoma’s Governor. “He has testified to …
Crude Oil Futures Advance on Monday
Oil prices ended higher on Monday as traders await the weekly update on domestic petroleum supplies and global output figures, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude tacked on 25 cents, or 0.6%, to settle at $46.08 a barrel. On the London ICE Futures Exchange, August Brent crude, the …
Completion Reports June 13, 2017
ALFALFA COUNTY Chesapeake Operating Llc Mississippian(6391): Oil 177 Gas 453 Water 1858 Artificia L Lift 2 24N 11W Jeremy White 35&26-25-11 1h, April 12, 2017 HH, OIL, TD: 16904 ft Lat: 36.59338, Long: -98.35398 API: 35003232670000 Chesapeake Operating Llc Mississippian: Oil 273 Gas 542 Water 1984 Artificia L Lift 2 24N 11W Jeremy White …
Permits to Drill June 13, 2017
Garfield County O’QUIN #3-10WH, June 12 2017 03 23N 5W SWSWSESE API: 04725104 Lat: 36.49254568432676, Long: -97.71544161926604 SK PLYMOUTH LLC HH, DR, 11644 ft, WOODFORD(6286) Kay County SINDELAR #10, June 12 2017 05 28N 1E SWSENENW API: 07124877 Lat: 36.938726627155425, Long: -97.22120371121022 DEMCO OIL & GAS COMPANY SH, DR, 3450 ft, HOTSON(635), CAMPBELL(890), HOOVER(1950), …
Cushing Oilfield Firm Wins Partial Victory in Attempt to Recover Embezzled Money
The Oklahoma Supreme Court recently gave a partial victory to Cushing-based Hough Oilfield Service in its attempts to recover nearly $176,000 from a former employee and her husband. Hough Oilfield, a firm started in 1980 by David Hough and later renamed HOTCO, filed suit in 2012 against Linda Newton and Randall Newton. Linda Newton had …
General Mills Inks Wind Power Contract in Texas
The growth of the wind industry in the U.S. isn’t letting up. Witness the 15-year wind power purchase deal General Mills just made with Renewable Energy Systems, an agreement that will help in the construction of the Cactus Flats wind project in Texas. The 150-megawatt Cactus Flats wind project is being developed in Concho County, …
Rep. Russell on Privatizing Air Traffic Control System—-Dumbest Thing
Oklahoma U.S. Rep. Steve Russell was blunt over the weekend when asked what he thought of the Trump administration’s plan to privatize the nation’s air traffic control system. “I think it’s the dumbest thing we’ve ever thought about doing,” said Russell during the Oklahoma Associated Press Convention. “I realize I’ll be swimming upstream on this …
Government Wants Keystone Lawsuits Dismissed
The Trump administration has taken the latest step in the court fight over the efforts of environmentalists who stop the Keystone XL pipeline which would eventually move oil to Cushing, Oklahoma and southward to the Gulf oil refineries. It was Friday when government lawyers argued federal courts don’t have the legal standing to review …