October 5, 2017 archive

Oklahomans to Benefits from Approved Volkswagen Settlement Agreement

The Volkswagen Settlement Agreement Environmental Mitigation Trust was approved on Monday, initiating the process where billions in trust money can be allocated to states for clean transportation efforts, according to a press release issued by the Sierra Club. Under the settlement, states must identify a lead agency to supervise the distribution of settlement money by …

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Inhofe and Pruitt Praise Wheeler Nomination as EPA Deputy Administrator

  Oklahoma’s U.S. Senator, Jim Inhofe, praised the nomination of Andrew Wheeler to Deputy Administrator of the Environmental Protection Agency. “I am pleased that President Trump has nominated Andrew Wheeler to serve as Deputy Administrator at the EPA,” said Inhofe. “There is no one more qualified than Andrew to help Scott Pruitt restore EPA to …

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Crude Oil Futures Rally on Thursday as TS Nate Strengthens to Hurricane Status

Crude prices rebounded on Thursday after falling below $50 a barrel as a potential hurricane threatened to enter the Gulf of Mexico, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 81 cents, or 1.6%, to settle at $50.79 a barrel. December Brent crude, the global oil benchmark, rose $1.20, …

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Completion Reports October 6, 2017

  CANADIAN COUNTY Red Bluff Resources Operating Llc Mississippian (less Chester): Oil 83 Gas 128 Water 2884 Pump 20 14N 5W Taylor 1-17mh, August 01, 2017 HH, OIL, TD: 12528 ft Lat: 35.68134, Long: -97.76182 API: 35017250080000 CARTER COUNTY Kodiak Oil & Gas Inc Pontotoc(654): Oil 2 Water 15 Pump 27 3S 2W Oil City Unit 68, August 04, 2017 SH, OIL, TD: 1137 ft …

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Permits to Drill October 6, 2017

  Blaine County REAGAN #1-16-21XH, October 05 2016 16 14N 13W SWNENWNE API: 01123667 Lat: 35.69493344777245, Long: -98.58489150496295 CONTINENTAL RESOURCES INC HH, AM, 23964 ft, MISSISSIPPIAN(11829), MISSISSIPPIAN (EX CHESTER)(12219), WOODFORD(13765) Blaine County BARNES #1-32-29XH, October 04 2017 05 17N 12W SENWNWNE API: 01123865 Lat: 35.984324382507936, Long: -98.50148078516298 COUNCIL OAK RESOURCES LLC HH, DR, 20432 ft, MISSISSIPPIAN(9825), WOODFORD(10300) …

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Democrats Want Inspector General to Probe Scott Pruitt’s Spending

EPA Administrator Scott Pruitt’s spending and travel costs have the attention of two senior House Transportation Democrats who want the Agency’s inspector general to carry out a probe. It’s what Representatives Peter DeFazio and Grace Napolitano asked in a letter this week to the inspector general. “This culture, which is reflected in travel and lifestyle …

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Another Sen. Inhofe Link to Latest EPA Nomination

A former staffer for Oklahoma U.S. Sen. Jim Inhofe has been nominated by President Trump to become a Deputy Administrator of the Environmental Protection Agency. If Andrew Wheeler is confirmed, he would be a right-hand man to Scott Pruitt, the former Oklahoma Attorney General who became the EPA Administrator earlier in the year. At one …

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Rep. Inman Claims a Budget Agreement is Reached Including a 5% Gross Production Tax on Oil and Gas

Democrats in the Oklahoma House reportedly got part of their wish to raise the gross production tax on oil and gas and also eliminate a sales tax exemption for the wind industry. But Gov. Mary Fallin denies it and said so in a late Thursday afternoon announcement. “Let me just start out by stating bluntly—-there …

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WTI Settles Below $50 a Barrel on Wednesday

It was a bumpy ride on Wednesday as oil futures continued on a downward spiral despite a larger-than-expected weekly drop in domestic crude supplies, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude shed 44 cents, or 0.9%, to settle at $49.98 a barrel. Prices settled below $50 a barrel …

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