August 15, 2017 archive

Brent Crude Rises While WTI Falls on Tuesday

Crude oil investors trimmed earlier losses on Tuesday as they await weekly government data reports, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude oil fell 4 cents, or less than 0.1%, to settle at $47.55 a barrel. On the London ICE Futures Exchange, October Brent crude, the global benchmark, …

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Completion Reports August 16, 2017

  ALFALFA COUNTY Chesapeake Operating Llc Mississippi(6600): Gas 8  7 23N 11W Ebersole A (Ebersole 2-a) 2-7, July 26, 2017 SH, TA, TD: 7324 ft Lat: 36.48298, Long: -98.42425 API: 35003207020001 DEWEY COUNTY Jma Energy Company Llc Cleveland: Oil 82 Gas 165 Water 2513 Flow 3 17N 19W 4gh 1-3h, April 10, 2017 HH, OIL, TD: 13560 ft Lat: 35.97159, Long: -99.20820 API: 35043234870000 …

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Permits to Drill August 16, 2017

  Blaine County ADMIRAL 1-19-13 #1HC, July 26 2017 01 19N 13W NENWNWNW API: 01123834 Lat: 36.15814736743012, Long: -98.54634698757305 CHESAPEAKE OPERATING LLC HH, AM, 19100 ft, MISSISSIPPIAN(8000), MISSISSIPPI(8300) Carter County KEITH #3-26, April 03 2017 26 2S 2W NESWNENE API: 01926273 Lat: 34.35933700079295, Long: -97.3724426693983 WILDHORSE OPERATING COMPANY SH, AM, 2500 ft, CISCO(460), DEESE(550) Dewey County JORDAN …

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OKC Federal Jury Rules in Favor of Vertical Well Operator in Fight with Devon

In a case that could forecast a trend in the fight between horizontal well drillers and vertical well operators, an Oklahoma City federal jury has awarded $220,000 to a vertical well operator in Blaine County. The jury deliberated more than a hour Tuesday before returning the verdict in favor of H and S Equipment Inc. …

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White Star Petroleum Sells Pipeline Holdings in Logan, Noble and Payne Counties

Two Oklahoma City midstream companies have announced a business sale and purchase of holdings, including 253 miles of gas gathering pipeline in the state. White Star Petroleum LLC sold its interest in the midstream gathering system to 4 AM Midstream LLC, a midstream company founded this year. The assets are in Logan, Noble and Payne …

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New Study Says Oklahoma Has 80% chance of Strong Earthquake

A new research paper maintains the probability of an earthquake measuring 5.0 magnitude hitting Oklahoma this year is nearly 80 percent. That’s according to research by the University of California Santa Cruz and the Oklahoma Geological Survey as published in Science Advances. The same research paper, according to the Tulsa World, indicates the state will …

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Nabors Expands Drilling and Well Construction Operations with $215 Million Purchase

Houston-based Nabors Industries, a world-wide firm with big operations in Oklahoma is making an all-stock deal worth more than $215 million to buy Tesco. Both oil field services companies operate out of Houston and the move will allow Nabors to strengthen its drilling and well construction. Nabors, according to analysts is building on its position …

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Federal Appeals Court Rejects $2.6 Million Fine Against ExxonMobil Over 2013 Arkansas Oil Pipeline Spill

A New Orleans federal appeals court says the government government came down too hard in leveling a $2.6 million fine against Exxon Mobil for the 2013 oil pipeline spill that happened in March 2013 in Mayflower, Arkansas. The U.S. Court of Appeals for the Fifth Circuit threw out some of the safety violations leveled against …

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Pruitt—False Narrative in New Climate Study

EPA Chief Scott Pruitt says the recent draft of a new climate report contains what he calls a “false narrative” of the fears that he and President Trump might dismiss the findings. It’s what he told a Des Moines, Iowa TV station over the weekend. “The report doesn’t impact the process,” said Pruitt in a …

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Historic Wagon Trails Destroyed to Protect Grouse in Colorado

In the name of protecting and encouraging growth of the sage grouse in western Colorado, historic wagon trails from the 1800s are being destroyed. Environmentalists and state and federal wildlife officials near Gunnison contend the wagon ruts were draining large wet meadows that were considered to be critical to the ecosystem and to the grouse, according …

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