Crude oil futures finished higher on Tuesday as the latest OPEC monthly report revealed a decrease in production last month, according to Bloomberg MarketWatch. October West Texas Intermediate crude oil gained 16 cents, or 0.3%, to settle at $48.23 a barrel on the New York Mercantile Exchange. On the ICE Futures Europe Exchange, November Brent …
September 12, 2017 archive
Completion Reports September 13, 2017
CANADIAN COUNTY Marathon Oil Company Mississippian(7795): Oil 461 Gas 796 Water 912 Flow 19 13N 5W Barlow 1305 1-18mh, June 24, 2017 HH, OIL, TD: 12968 ft Lat: 35.59402, Long: -97.76520 API: 35017249630001 Marathon Oil Company Mississippian(8500): Oil 172 Gas 478 Water 350 Flow 3 12N 6W Mach 1206 1-3mh, June 27, 2017 HH, OIL, TD: 13459 ft Lat: 35.53912, Long: -97.81395 API: 35017249950000 Marathon Oil …
Rep. Cole Says It’s Time to Support Florida and Texas Hurricane Victims
Oklahoma Congressman Tom Cole says now is the time for Oklahomans and others to support victims of the Hurricanes Harvey and Irma. Writing in a weekly column entitled “Healing After Hurricanes”, the Republican Representative said, “Now it’s time for all of us to have Houston’s and Florida’s backs.” Cole admitted it will be hard to …
Energy Transfer Partners Targeted by Protesters in Dallas
Environmentalists staged a recent protest in front of the Dallas, Texas headquarters of Energy Transfer Partners, the company that built and is operating the Dakota Access Pipeline in North Dakota. Dozens rallied at the company’s headquarters then marched to the home of ETP President Kelcy Warren. There, they directed comments to Warren that he is …
Hurricanes Have Experts Wondering About Refinery Tanks and Locations
The damage inflicted by Hurricane Harvey on Texas Gulf Coast refineries has experts wondering about what Hurricane Irma might have done to storage tanks in Florida. In Texas, more than two dozen storage tanks holding crude oil and gasoline and other contaminants ruptured or failed. In one unconfirmed case, a company emptied its tanks then refilled …
Valero Moves Ahead With Refinery Restart Despite Emissions After Harvey
Valero Energy Corp. is pushing ahead with the restart of its Port Arthur, Texas refinery even after it experienced a disruption and emissions over the weekend. The restart came after the refinery was shut down when Hurricane Harvey hit the coast. “Unit upset during startup activities following Hurricane Harvey,” the refinery said in a …
Gasoline Prices Falling in Oklahoma and Other States After Hurricane Harvey
Gasoline prices have dropped in the past two weeks since Hurricane Harvey hit south Texas with some Oklahoma City gasoline stations pumping it at $1.99 a gallon. GasBuddy.com reports those are the lowest prices in Oklahoma with a few convenience stores and stations selling it for $2.01 and $2.02 a gallon. In Tulsa, prices vary …
Magellan Gasoline Spill in Houston Shipping Channel Larger Than First Reported
Tulsa-based Magellan Midstream is dealing with a nearly 500,000 gallon gasoline spill from two storage tanks along the Houston Ship Channel, the largest such spill resulting from Hurricane Harvey. The company confirmed the spill first reported last month was far larger than initially believed. Reports indicate the spill measure 10,988 barrels or more than …
Chesapeake Energy Names New Board Member
Chesapeake Energy Corporation announced Tuesday the naming of Leslie S. Keating to the Board of Directors effective Sept. 11. She will serve as a member of the Audit Committee and the Compensation Committee. Keating will also stand for re-election at the 2018 annual meeting of shareholders according to the announcement. Keating is Executive Vice Presidentof …