July 17, 2017 archive

Crude Oil Settlements Fall on Monday

Crude prices fell on Monday as a government report revealed expectations for a rise in U.S. shale oil production for August, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude shed 52 cents, or 1.1%, to settle at $46.02 a barrel. On the London ICE Futures Exchange, September Brent crude, …

Continue reading »

More Layoffs at ConocoPhillips in Bartlesville?

Employees at ConocoPhillips in Bartlesville may be in for another round of layoffs, according to a report by Newson6.com. Following a $13 billion asset sale of its heavy crude and gas operations in Canada this past March, speculation is running rampant that more jobs will be lost in Bartlesville. Although specifics aren’t being discussed officially, …

Continue reading »

Permits to Drill July 18, 2017

  Garvin County N. HAYS #5H-5X, July 17 2017 05 2N 3W SWNWNWNE API: 04925144 Lat: 34.68014811400855, Long: -97.53584642479177 NEWFIELD EXPLORATION MID-CON INC HH, DR, 21931 ft, MISSISSIPPIAN(11344), WOODFORD(11652), HUNTON(11873) Garvin County N. HAYS #6H-5X, July 17 2017 05 2N 3W SENWNWNE API: 04925145 Lat: 34.680148122430474, Long: -97.53571338505226 NEWFIELD EXPLORATION MID-CON INC HH, DR, 21881 ft, MISSISSIPPIAN(11344), …

Continue reading »

Weed Killer Banned in More States

Already facing legal challenges in Oklahoma City federal court and the state of California over its manufacture of Roundup, Monsanto Co.’s now facing issues with another of its weed killers. Tennessee has become the fourth state to ban dicamba, a weed killer that is considered to be a flagship pesticide for the company. Arkansas banned …

Continue reading »

Oklahoma Wind Farm Owner Expands With Solar Power Purchase in Nevada

The company that owns the Cowboy Wind Farm near Blackwell, Oklahoma has expanded its energy holdings with the announcement it’s buying a massive solar operation in Nevada. EDF Rnewable Energy, the company that bought the Cowboy Wind Farm in August of 2016 announced it’s purchased two solar projects from First Solar, Inc. The projects are …

Continue reading »

Developer Offers to Pay for Law Enforcement Costs at North Dakota Protest Site

Even though law enforcement costs are estimated at $36 million over the protests at the Dakota Access pipeline in North Dakota, developer Energy transfer Partners is still promising to help cover the costs. A spokeswoman said ETP will stick to its “offer to help the state with these costs, as we know it places a …

Continue reading »

More Groups Fight President’s Approval of Keystone XL Pipeline

Updating the legal fight over the Keystone XL pipeline, opponents have gone to the U.S. District Court for the District of Montana in a move to fight the Trump administration’s claim its approval of the pipeline is unreviewable in court. Two coalitions of environmental and tribal advocacy groups, the Indigenous Environmental Network and North Coast …

Continue reading »

Court Ruling Affects Marcellus Shale Exploration

Oklahoma’s Chesapeake Energy leaders no doubt have paid close attention to a recent ruling by the Pennsylvania Supreme Court regarding the Marcellus Shale activity. The company has been a key player in exploration for several years. The high court said Pennsylvania lawmakers cannot arbitrarily divert money from natural gas drilling on state forests to other …

Continue reading »

Inhofe Urges Continued LNG Shipments to Poland to Fight Russia’s Attempts

Oklahoma U.S. Sen. Jim Inhofe contends Russia is attempting to use energy as a weapon to influence Europe. During a recent hearing of the Senate Armed Services Committee, the Senator raised the issue as he questioned Damon Wilson, executive vice president of the Atlantic Council. “Russia is very apt to use energy dependence as one …

Continue reading »

Surge of Quakes Around Stroud Puzzles State Earthquake Investigators

The state officials investigating last Friday’s surge of earthquakes around Stroud, including a 4.2 magnitude quake are puzzled because there has been no new well activity in the region. Matt Skinner, with the Oklahoma Corporation Commission says the Commission’s Induced Seismicity Department has joined forces with the Oklahoma Geological Survey in probing the six earthquakes …

Continue reading »