Oklahoma Senator Jim Inhofe addressed the Senate floor on Wednesday regarding the assault on the fossil fuel industry and risks toward American energy, according to a press release issued by the Senator’s office. “With the election of a Republican-led Congress and with a Republican in the White House, we should be working together to address …
July 2017 archive
Newly Released TED Video Confuses Fracking With Wastewater Injection
A recently circulated video on the fracking process has been a big hit and miss for the media organization TED. The six-minute animated video titled “How Does Fracking Work?” was released on July 13 via social media. It has quickly amassed nearly five million views. While the educational video demonstrates the step-by-step process of fracking, …
Permits to Drill July 25, 2017
Blaine County SAWYER 1-35-26 #1712MHX, May 30 2017 02 16N 12W NWNENWNE API: 01123810 Lat: 35.897804316355796, Long: -98.44295992066806 TRIUMPH ENERGY PARTNERS LLC HH, AM, 20183 ft, MISSISSIPPI(10100), MISSISSIPPIAN(10200), WOODFORD(10900)
Newfield Drilling Seven New Wells in the SCOOP
Garvin County seems to be a new center of activity lately. A quick check of the Permits to Drill report on applications in Oklahoma reveals Houston-based Newfield Exploration Mid-Con, Inc. is drilling seven new wells in Garvin County, Oklahoma, according to the daily permits report for July 17, 2017. The wells are within the Springer …
Regulators Halt Energy Transfer’s Rover Pipeline Construction in Ohio Until Cleanup Complete
Federal and state regulatory officials ordered Dallas-based Energy Transfer Partners to complete cleanup and remediation efforts on an Ohio spill before receiving the greenlight to proceed with construction of its $4.2 billion Rover Pipeline in the Buckeye State. On July 12, OK Energy Today reported that the state of Ohio was demanding nearly $1 million …
Chesapeake Declares Quarterly Preferred Stock Dividends
Oklahoma City-based Chesapeake Energy Corporation announced Friday that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% (Series A) NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 2010 May 17, 2010 …
T. Boone Pickens Writes Post on Health and Mortality After Recent Fall
After suffering a series of several mini-strokes last year, Oklahoma native and legendary oil tycoon T. Boone Pickens was briefly hospitalized following a sudden fall early in the morning on July 11. “Last week, I had a Texas-sized fall — one that required hospitalization,” wrote Pickens, in a post on Linked In. “I am still …
North American Rig Count: Canada Leads With 15, U.S. Drops 2
Canada continues to show strong growth while the U.S. drops two active rigs, according to data released by Houston’s Baker Hughes Company. A surge of 15 new rigs were added by Canada last week, raising the total rig count to 206, Compared with last year’s figures, the Canadian rig count has nearly doubled since last …
WTI and Brent Crude Sink and Settle Above $45 a Barrel on Friday
Crude oil ended at its lowest level in nearly a week on Friday, with expectations for a rise in OPEC output pressuring prices ahead of a Monday meeting, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude lost $1.15, or 2.5%, to settle at $45.77 a barrel. For the week, …
Completion Reports July 24, 2017
BLAINE COUNTY Continental Resources Inc Mississippian – Mississippi Lime: Oil 929 Gas 7448 Water 466 Flow 29 15N 12W Ike 1-20-17xh, May 09, 2017 HH, OIL, TD: 23224 ft Lat: 35.75218, Long: -98.50649 API: 35011236850001 Marathon Oil Company Mississippian(12327): Oil 23 Gas 18170 Water 4218 Flow 4 13N 12W Mckinley Bia 1312 1-4-33mxh, May 23, 2017 HH, GAS, TD: 23753 ft Lat: 35.62463, Long: -98.48030 …
