June 2017 archive

Opposition Grows to Colorado Oil and Gas Exploration Following Deadly Home Explosion

The April 17 explosion that killed two men in Firestone, Colorado has resulted in efforts against oil and gas drilling in other nearby suburbs of Denver, Colorado. As E and E News reports, some residents of Broomfield, a community located about 20 miles north of Denver, are collecting signatures on a referendum to make it …

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Wildlife Conservation Program Reauthorized by US Senate

The U.S. Senate’s given unanimous approval to a measure called the Wildlife Innovation and Longevity Driver Act, a bill co-sponsored by Oklahoma U.S. Sen. Jim Inhofe. He’s a senior member of the Senate’s Environment and Public Works Committee and praised the US Fish and Wildlife Partners for fish and Wildlife program. “This program, in tandem …

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Rig Count: Oklahoma Leads the Way With Five New Rigs, U.S. Count Reaches 927

Oklahoma accounted for nearly half of the past week’s national rig count, according to figures released by Baker Hughes. Oklahoma’s count jumped by 5 to reach 131. A year ago, the state had only 58 working oil and gas rigs. Nationally, the count grew by 11, reaching 927 active rigs. The U.S. count is up …

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WTI and Brent Crude Slightly Rise on Friday

Despite registering a third-straight weekly loss, crude oil futures rebounded on Friday after experiencing two consecutive declines, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude rose 19 cents, or 0.4%, to settle at $45.83 a barrel. For the week WTI fell 3.8%. On the London ICE Futures Exchange, August …

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Completion Reports June 12, 2017

  BECKHAM COUNTY Atalaya Resources Llc Des Moines: Oil 509 Gas 2356 Water 1120 Flow 33 11N 21W Barnett 29/28-11-21 2h, April 11, 2017 HH, OIL, TD: 18286 ft Lat: 35.39083, Long: -99.43437 API: 35009219800001 BLAINE COUNTY Devon Energy Production Co Lp Mississippian(9914): Oil 998 Gas 2695 Water 1064 Flow 2 15N 10W Yost 2-15n-10w …

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Permits to Drill June 12, 2017

  Canadian County BAILEY #1H-20-29, April 26 2017 16 10N 5W NWSWSWSW API: 01725003 Lat: 35.33526466054103, Long: -97.74162741342587 CITIZEN ENERGY II LLC HH, AM, 19200 ft, MISSISSIPPIAN(8900), WOODFORD(9100) Ellis County MAX #11-3H, May 08 2017 14 17N 24W NENENWNE API: 04523655 Lat: 35.95445831860624, Long: -99.72437420191636 EOG RESOURCES INC HH, AM, 14155 ft, MARMATON(9450) Ellis County …

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Rep. Russell says Paris Climate Accord was a “Giant Transfer of US Wealth”

A week after President Trump announced his decision to pull out of the Paris Climate Accord and attempt to renegotiate a better deal for the U.S. he has the support of Oklahoma Congressman Steve Russell. “All of us should be good stewards, but the Paris Climate Accord amounted to a giant transfer of America’s wealth …

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Environmental Activist Could Get 10 Years in Prison For What He Did

Environmental activist Ken Ward in Washington State has been convicted of second degree burglary after he shut off an emergency pipeline valve in a climate change protest. He faces up to ten years in prison and $20,000 in fines, according to a report in The Seattle Weekly. The incident occurred last October at a tar …

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Devon Declares 3rd Quarter Dividend

Despite the drop in oil prices, things are going well enough at Oklahoma City-based Devon Energy that the company’s announced a quarterly cash dividend of 6-cents per common stock for the third quarter. The company announced this week the dividend will be payable Sept. 29, 2017.

Midstates Petroleum Losing CFO

Executive Vice President and CFO Nelson M. Haight at Midstates Petroleum Company in Tulsa is leaving the company this coming week. The firm announced Haight plans to resign from his position effective June 15 to explore other opportunities in the oil and gas sector. The company said his duties and responsibilities will be assumed by …

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