Oil futures retreated on Thursday after a climb in the previous session but managed to keep some of the positive momentum, according to Bloomberg MarketWatch. West Texas Intermediate crude for November delivery fell by 58 cents, or 1.1%, to settle at $51.56 a barrel on the New York Mercantile Exchange. November Brent crude, the global …
September 28, 2017 archive
Completion Reports September 29, 2017
BEAVER COUNTY Strat Land Exploration Company Douglas (tonkawa): Gas 2 Pump Lansing Kansas City(6770): Oil 3 Pump Mississippian Chester(8330): Gas 4 Pump 10 1N 25E Beegle (Beegle 1) 1-10 Re, August 08, 2017 SH, OIL, TD: 8500 ft Lat: 36.56724, Long: -100.34621 API: 35007230670001 Strat Land Exploration Company Douglas (tonkawa): Gas 2 Pump Lansing Kansas City(6770): Oil 3 Pump Mississippian Chester(8330): Gas 4 Pump 10 1N 25E Beegle (Beegle …
Permits to Drill September 29, 2017
Grant County GLENDA #1-14, September 28 2017 14 26N 8W NWNWNWNW API: 05323458 Lat: 36.73808155809502, Long: -98.03699385246688 UNION VALLEY PETROLEUM CORP SH, DR, 6175 ft, OSWEGO 4930 6(WILCOX), RED FORK(5100), MISSISSIPPI CHAT(5290), MISSISSIPPI SOLID(5310), MISENER(5950) Kingfisher County HUEY 1806 #1-9MH, September 28 2017 09 18N 6W NENWNWNW API: 07325789 Lat: 36.057500025424076, Long: -97.85236663418296 OKLAHOMA ENERGY ACQUISITIONS …
Kansas Regulators Approve Disposal Well in Flint Hills
Opponents of a proposed waste disposal well in the Kansas Flint Hills have lost their fight after the Kansas Corporation Commission this week approved the plans of an oil company. The KCC issued an order that concluded the opponents failed to prove and show “immediate danger to public health, safety or welfare” due to the …
Wind Supporters Rip Legislator and OCPA for ‘Economic Suicide’
Wind supporters in Oklahoma are attacking those who want to remove certain tax exemptions for the industry, saying in effect they have put up the “Keep Out” sign to investors. Jeff Clark, executive director of the Wind Coalition responded to a Wednesday news conference held by Norman Rep. Mark McBride and the Oklahoma Council …
Exxon Mobil Picks Up More Holdings in the Permian Basin
Exxon Mobil added 22,000 acres to its Permian Basin holdings this week through a series of acquisitions and acreage trades. The new acreage adds to the company’s existing 6 billion barrels of oil equivalent Permian Basin resource base. In February, the company picked up 250,000 acres in the Delaware Basin from companies owned by the …
Murphy Oil Widens Offshore Holdings in Brazil
Murphy Oil Corporation based in El Dorado, Arkansas announced this week it is buying a 20 percent working interest in part of a deep water basin off the shores of Brazil. Murphy’s wholly owned Brazilian subsidiary, Murphy Brazil Exploracao E Producao De Petroleo E Gas Ltda will own part of the Sergipe-Alagoas Basin. It made …
Scott Pruitt’s “Cone of Silence” at EPA
EPA Administrator Scott Pruitt’s latest plan to build a $25,000 secure phone booth in his office reminds some of the “cone of silence” on the old TV show “Get Smart.” The agency under the direction of the former Oklahoma Attorney General signed a $24,570 contract a few months ago to construct a secure, sound-proof communications …
Energy Remains Strong in Employment Figures in Oklahoma
New jobless figures show once again that Oklahoma’s energy industry remains a vital part of the economy. The State Employment Security Commission reports unemployment rates improved over the year for most counties in August. Rates were lower than a year ago in 62 of 77 counties, higher in ten and unchanged in five counties. Of …
Senators Propose Fairness in FERC Reviews of Transmission Grid
Oklahoma U.S. Sen. Jim Inhofe joined New Mexico’s Sen. Martin Heinrich this week in introducing legislation that they said would ensure all transmission transactions are provided parity in the review process by the Federal Energy Regulatory Commission. Their Parity Across Reviews Act would also target renewable energy efforts that create challenges to transmission networks. “The …
