June 2017 archive

Economic Group Scores Oklahoma Legislators and Their Votes

At least 23 members of the Oklahoma legislature got a perfect score from the Research Institute for Economic Development for their votes on economic development and business issues. RIED is a non-partisan organization founded in 1997 and issues an annual report in which legislators are graded on their votes. Eleven members of the state senate …

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Wind Tax Credit Rollback to Take Effect July 1

Oklahoma is within days of officially rolling back a 10-year tax credit for electricity generated by wind. Governor Mary Fallin signed House Bill 2298 into law after a movement was started in 2016 by anti-wind groups, largely the oil and gas industry, in which complaints were made of the millions of dollars in unneeded credits …

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Diamond Pipeline Construction Upsets Muskogee Landowner

Construction of a 440-mile pipeline that goes through eastern Oklahoma not only has been opposed by environmentalists but also has left at least one family near Muskogee upset. They’re not happy with the way the workers have left things as they build the Diamond Pipeline, a joint venture of Houston-based Plains all American Pipeline and …

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Rig Count: Oklahoma Adds Five of Nation’s Eight New Rigs

Both Oklahoma and the U.S. saw big jumps in rig counts in the past week, according to figures released by Baker Hughes. Oklahoma’s count jumped by five to reach 132. A year ago, the state had only 54 working oil and gas rigs. Nationally, the count grew by eight, reaching 941 active rigs. The report …

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Oil Futures Rise on Friday, Fall for the Fifth Consecutive Week

Crude oil prices ended higher on Friday but suffered a weekly loss for the fifth time in a row, according to Bloomberg MarketWatch. August West Texas Intermediate crude advanced 27 cents, or 0.6%, to settle at $43.01 a barrel on the New York Mercantile Exchange. For the week, WTI ended roughly 4.4% lower. On the London …

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Completion Reports June 26, 2017

  CUSTER COUNTY Continental Resources Inc 33 15N 14W Hamar 1-33 Swd, November 10, 2016 SH, DISP, TD: 10720 ft Lat: 35.72598, Long: -98.70243 API: 35039224790001 GRADY COUNTY Linn Operating Llc Woodford- Mississippian: Oil 154 Gas 3966 Water 1813 Pump 13 9N 6W Langston 13-24-9-6 1xh, January 11, 2017 HH, GAS, TD: 20974 ft Lat: …

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Permits to Drill June 26, 2017

  Blaine County COPPERHEAD 7-17N-10W #1H, June 23 2017 07 17N 10W S2S2S2SE API: 01123817 Lat: 35.957248898502996, Long: -98.30356548711298 DEVON ENERGY PRODUCTION CO LP HH, DR, 14063 ft, MISSISSIPPIAN(8313), WOODFORD(9667) Carter County OIL CITY UNIT #76, June 23 2017 27 3S 2W NWSESWNW API: 01926277 Lat: 34.26856487118618, Long: -97.40196000369036 KODIAK OIL & GAS INC SH, …

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Classified Ads to Help Energy Firms

With a resurgence in oil and gas exploration in Oklahoma underway, some companies are challenged with finding employees. Some have gone begging and others have taken to placing want ads. Now OK Energy Today is offering classified ads to help oil and gas firms in their search for qualified employees. “It’s not just oil and …

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Oklahoma Ranked 17 Best Economic State by Magazine

Oklahoma comes in ranked 17 in a new survey of Best and Worst States for Business Ranking by Chief Executive magazine. Gov. Mary Fallin observed the new ranking comes despite the recent economic downturn in the state and was an improvement of one from 2016. The governor said Oklahoma received above-average scores for taxation and …

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Oklahoma Wind Farm Operator Expands With $250 million Purchase

With at least eight wind farms in Oklahoma, Enel Green Power North America has expanded its wind energy holdings with a $250 million purchase of EnerNOC, a smart energy management company based in Boston. Enel Green Power is a subsidiary of Enel Group, an Italian utility giant. The acquisition will make the Enel Group a …

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