August 2017 archive

Justices to Hear Arguments to New Car Taxes and Others

New taxes on electric and hybrid cars are among those to be heard by the Oklahoma Supreme Court on Tuesday following the filing of three lawsuits two months ago after they were created by the legislature. Oral arguments will be heard on the suits filed in a challenge to the legality of the way the …

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Newfield Reports Five Big Gas Wells In the STACK

Blaine County in Oklahoma’s STACK play has yielded five sizable horizontal gas wells for Houston-based Newfield Exploration Mid-con Inc., which recently announced its test well results with the company’s quarterly earnings. As indicated in the Completion Reports for August 4, 2017 shown by OK Energy Today, the Stark wells are located at 1 16N 10W which …

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Crude Oil Futures Sink on Thursday

Oil futures continued to drop on Thursday as investors awaited a highly anticipated OPEC meeting next week, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September fell 56 cents, or 1.1%, to settle at $49.03 a barrel. October Brent crude, the global benchmark, lost 35 cents, or …

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Completion Reports August 4, 2017

  BECKHAM COUNTY Apache Corporation Des Moines: Gas 401 Water 120 Flow 9 10N 22W Kirk 6-9, October 10, 2016 SH, GAS, TD: 13530 ft Lat: 35.35110, Long: -99.53430 API: 35009213400001 BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(9238): Oil 731 Gas 1642 Water 504 Flow 1 16N 10W Stark 3h-1umx, June 02, 2017 HH, OIL, TD: 19670 ft Lat: 35.89776, Long: -98.21374 API: 35011237090000 Newfield Exploration …

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Permits to Drill August 4, 2017

  Alfalfa County LOIS 2412 #1H-02 C, August 03 2017 01 24N 12W NENWNWNW API: 00323284 Lat: 36.593481373920866, Long: -98.44217578207392 MIDSTATES PETROLEUM CO LLC HH, DR, 11200 ft, MISSISSIPPIAN(6320) Creek County CHICKENMAN #1-3, August 02 2017 03 14N 10E CNWNWSE API: 03729379 Lat: 35.71792398818683, Long: -96.2357403219339 WFD OIL CORPORATION SH, DR, 3200 ft, RED FORK(1800), BARTLESVILLE(2200), TANEHA(2315), …

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SandRidge’s Reversal of Fortunes

SandRidge Energy not only reported a more than $23 million second-quarter profit this week but immediately boosted its capital expenditure budget by $40 million. It constitutes a reversal of fortunes for the company that lost nearly half a billion dollars a year ago. The increase will result in the company’s cap-ex of about $260 million …

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Energy Secretary Predicts Solar Power Will Grow in Oklahoma

What’s the next energy potential for Oklahoma?  Solar. At least that’s the opinion of Michael Teague, Oklahoma’s Secretary of Energy and Environment. It’s what he told the Northwest Oklahoma Alliance networking luncheon this week in Woodward according to the Woodward News. “I think solar is the next potential for Oklahoma,” said Teague. “Look at how …

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Continental Resources Reports Large Gas Wells in STACK and SCOOP

Oklahoma City’s Continental Resources Inc. is reporting success in both oil and gas production from wells in the SCOOP and STACK. Completion reports published by OK Energy Today show the company brought in a well producing 1,347 barrels of oil equivalent a day near Chickasha in Grady County. Located north of Highway 62 and at 15 …

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Feds Give Millions to Retrain Out-of-Work Coal Miners in Montana

The state of Montana has received nearly $5 million from the federal government for the retraining of hundreds of coal workers losing their jobs in the shutdown of the coal-fired Colstrip power plant. Montana Gov. Steve Bullock’s office said $2 million will be immediately available to begin workforce retraining even after President Trump declared this …

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Colorado Hunting Ranch Sues Over Pipeline Spill

Canada’s Encana Energy has been sued by a Colorado big-game hunting ranch over a 2016 pipeline leak. The Bishop Ranch LLC from Grand Junction filed suit in Rio Blanco County maintain the pipeline spill not only contaminated its property but ruined a planned $5 million sale. The lawsuit, according to the Grand Junction Daily Sentinel, …

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