December 1, 2017 archive

Oil and Gas Rig Count Remains Steady in Oklahoma but Nation Saw Growth in Past Week

Reports by energy groups show the number of oil and gas rigs in the U.S. rose by 6 in the past week to reach a level of 929. Oklahoma’s count remained at 122, the same as one week ago. The Baker Hughes Rig report indicated the number of oil rigs rose by 2 to reach …

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Solar Energy to Power Oilfield Production in California

Solar energy has been in use for years in the oil and gas industry but not to the extent that it is about to become in one of the largest oil field in the country. Small solar units have powered remote recording equipment at oilfield sites in Oklahoma. Heck, farmers have used them for years …

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Energy Consultant Sues 60 State Agencies Over Energy Savings Contract

Hired three years ago to assist dozens of state government agencies in reducing energy use, an Oklahoma energy consultant has gone to court in a lawsuit against those agencies. The lawsuit filed by Engineered Systems and Energy Solutions Inc. accuses the dozens of agencies of breach of contract, a move that it claims cost the …

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MIT Study says Government Oil Production Predictions Are Exaggerated

Billionaire oilman Harold Hamm, founder and head of Oklahoma Cit-based Continental Resources Inc. isn’t the only one who thinks the federal government’s oil production forecasts are exaggerated and wrong. Now researchers at MIT agree and in a study and report on the U.S. oil and gas markets, they believe the country’s shale boom could “end …

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Completion Reports Nov. 22-29, 2017

Here is the Weekly Completions Report.  The table below provides a summary of the Completion tickets (Form 1002A) that have been published between the 22nd November and close of business on the 29th November.  I have excluded wells that were completed more than 12 months ago. The table includes the Initial Production (data for Oil (b/d), Gas (MCF/d) …

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Permits to Drill Nov. 22-29, 2017

Please find below a summary of the Permits (Intents) that have been approved and/or published between the 22nd November and close of business on the 29th November.  If you click on the document link in the right hand column you will be taken to the Permit document where you will be able to find additional information. “HH” = …

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Oil Leak Handled by OKC Firefighters

An oil leak from an oilfield site in south Oklahoma City on Thursday had city firefighters scurrying to prevent more oil from leaking into a drainage canal. Firefighters reported the spill near SE 55 and High. Crews described it as a “large oil leak” but there is no word on the amount of oil that …

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House Okays Brownfield Cleanup Bill

The U.S. House has passed a measure dealing with Brownfield environmental cleanup sites across the U.S. The vote was 409-8 and Oklahoma Reps. Tom Cole, Frank Lucas, Markwayne Mullin, and Steve Russell supported the bill. Rep. Jim Bridenstine did not vote. Brownfield grants were used in cleanup of several sites in Oklahoma City. “The number …

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Work to Expand at American Airlines Maintenance Center in Tulsa

Oklahoma Gov. Mary Fallin calls it “great news”, the expansion of work for the American Airlines Tulsa Maintenance Center. While the Airline was saddled with troubling news this past week for a glitch that resulted in a December shortage of pilots, it also announced that some of its maintenance outsourced to South America is coming …

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Report Shows Economy Continues Growing in Oklahoma and Other Midwestern States

The latest Mid-America Business Conditions Index covering Oklahoma and 8 other Midwest and Plains states indicated a slight drop in business conditions for the month of November. But Creighton University economist Ernie Goss says it still suggests that  regional economic conditions continue to improve. He calls it a “Goldilocks” economy….not too bad and not overly …

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