September 2017 archive

Boeing Lands $600 Million Contract for New Air Force One Jets

In a $600 million deal that could possibly impact Boeing workers in Oklahoma, the aircraft company has been awarded an Air Force contract to begin designing a new Air Force One presidential aircraft. Whether workers at Boeing’s facilities at Tinker Air Force base will be directly involved remains to be seen. But the contract calls …

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Wind Energy Partnership on Tap With Enel Green Power and Anheuser-Busch

You may associate beer and power with motorsports or athletic spectator events but now there’s a new partnership brewing in Oklahoma. St. Louis-based Anheuser-Busch and Enel Green Power announced Wednesday that the companies signed a power purchase agreement for energy produced by a portion of EGP’s Thunder Ranch wind farm located in Garfield, Kay and …

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Drop in Crude Supplies Boosts WTI and Brent Crude Settlements on Wednesday

Crude oil futures rose again for a third consecutive gain on Wednesday as weekly government reports revealed a smaller-than-expected increase in crude supplies, according to Bloomberg MarketWatch. October West Texas Intermediate crude added $1.07, or 2.2%, to settle at $49.30 a barrel on the New York Mercantile Exchange. November Brent crude, the global benchmark, climbed 89 …

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Permits to Drill September 14, 2017

  Blaine County KEVIN FIU #1-20-17XH, September 13 2017 20 14N 12W NESESWSW API: 01123855 Lat: 35.66823823881365, Long: -98.50402782743144 CONTINENTAL RESOURCES INC HH, DR, 22417 ft, MISSISSIPPIAN (EX CHESTER)(11617) Blaine County NELDA #1-3-10XH, September 12 2017 03 15N 13W NENWNWNW API: 01123854 Lat: 35.81161389589842, Long: -98.57778531721515 CONTINENTAL RESOURCES INC HH, DR, 22447 ft, MISSISSIPPIAN(11700), MISSISSIPPIAN (EX CHESTER)(11850) …

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EPA Begins Investigation into Arkema Plant Disaster Near Houston

The EPA has started investigating the chemical plant disaster that followed Hurricane Harvey flooding near Houston. It has made a request of the French company that owns the Arkema Inc. facility where chemicals exploded and caught fire. Reports indicate the Environmental Protection Agency is attempting to determine whether there might have been violations of the …

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Marathon Reports 4 STACK Wells

  The latest large oil well to be drilled in Oklahoma’s STACK started producing more than 1,700 barrels of oil a day when it was completed in June. Houston-based Marathon Oil hit the Ruthie (15 16N 9W) in Kingfisher county. The spud date was February 18 and drilling finished March 31 with completion made June …

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Fourth Company Attempts to Buy Bankrupt Texas Energy Company

A federal court has issued a ruling that could eventually mean a new owner for Texas-based Oncor Electric Delivery. The U.S. Bankruptcy Court for the District of Delaware approved a merger deal between Energy Future Holdings and Sempra Energy. It’s considered to be a key move toward securing new ownership for EFH subsidiary Oncor. Sempra …

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Appeals Court Puts Another Regional Haze Plan on Hold

A government regional haze plan that would have required major upgrades to two coal-fired power plants in Utah has been put on hold by the Denver federal appeals court, the same court that rules in cases involving Oklahoma. The 10th U.S. Circuit Court of Appeals put the plan on hold as the judges indicated they …

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NTSB Urges Caution Over Tesla’s Driverless Car System

At least one government agency is waving the caution flag as the government moves quickly for the development of driverless cars by automakers. The National Transportation Safety Board came out with its warning this week after investigating a fatal crash in Florida of a Tesla system which was said to have “played a major role” …

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Legislator Wants Dice and Roulette Gambling to Solve Budget Hole

While oil and gas revenues have helped shore up Oklahoma’s revenue collections over the past year, one state legislator is proposing to expand Indian gaming in the state. Rep. Kevin Wallace, chairman of the House Appropriations and Budget Committee wants to add routlette and dice games to the legalized gambling in the state. He also …

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