President Trump’s decision this week to sign an executive order to roll back the controversial Obama Clean Power Plan was welcome news at the Oklahoma Energy Office. “We’re glad to see a pull back from obviously what the Obama administration had proposed,” said Tyler Powell, Deputy Secretary of the Environment. “We’ve always questioned the authority …
The House Bill calling for a rollback of tax credits for the wind industry is on is way to the State Senate. But it won’t receive unanimous support there, judging by opposition mounted this week in a Senate Committee. Senator Kay Floyd, a Democrat from Oklahoma City argued the roll back will send a bad …
Houston, Texas-based Newfield Exploration has launched plans to construct a wastewater recycling facility near Kingfisher, heart of Oklahoma’s STACK play. The facility will allow the oil and gas company to treat the wastewater and re-use it in fracking operations, rather than injecting it back into the earth and possibly increasing the risk of earthquakes. “Over …
The Oklahoma State Senate Appropriations Committee voted 34-6 in favor of House Bill 2298 on Wednesday. The House bill modifies the time-period for zero-emission facilities by requiring operation by July 1, 2017 to qualify for tax credits. The current deadline is January 1, 2021. Governor Fallin proposed eliminating the credit to increase revenue during a …
Oil prices settled much higher on Wednesday following the release of data from the Energy Information Administration which revealed a weekly rise in domestic crude inventories that was below some market forecasts, according to Bloomberg MarketWatch. May West Texas Intermediate crude rose $1.14, or 2.4%, to settle at $49.51 a barrel on the New York Mercantile …
BLAINE COUNTY Council Oak Resources Llc Mississippian(9777): Oil 396 Gas 3261 Water 1875 Flow 4 17N 12W Haigler 1-4h, November 19, 2016 HH, OIL, TD: 14445 ft Lat: 35.97190, Long: -98.47757 API: 35011236410001 CANADIAN COUNTY Chesapeake Operating Llc Mississippian(10284): Oil 449 Gas 5985 Water 1858 Flow 31 12N 7W Johnston 31-12-7 1h, January 30, …
Blaine County WILLOW 12_1-15N-12W #1HX, March 29 2017 12 15N 12W SESWSWSW API: 01123775 Lat: 35.783746005484474, Long: -98.43575176211452 DEVON ENERGY PRODUCTION CO LP HH, DR, 21602 ft, MISSISSIPPIAN(10393), MISS’AN (EX CHESTER)(11490) Blaine County DUPREE BIA #1H-2215X, March 29 2017 22 16N 12W NWSWSWSW API: 01123774 Lat: 35.84240098381395, Long: -98.47233263969876 CIMAREX ENERGY CO HH, DR, …
Houston-based Newfield Exploration Company is reporting its largest well ever in Oklahoma’s STACK, hitting a well that’s producing more than 2,900 barrels of oil a day. The Burgess well with 4,859 feet of lateral length is located in Kingfisher County and achieved a 24-hour flow rate of 2,931 BOEPD including 69 percent oil. Its 20-day …
Oklahoma U.S. Rep. Frank Lucas and others on the House Committee on Science, Space and Technology might have actually enjoyed the hearing they held Wednesday on climate change and scientific methods of studying whether it’s truly being caused by man. With a panel of four scientists, some who profess man is causing climate change and …
The French energy company Total announced this week plans to invest $1.7 billion in energy projects in Texas. The company plans to partner with chemical companies Borealis and Nova to build two new units on the U.S. Gulf Coast. Company leaders admit they’re trying to take advantage of cheap shale gas in the U.S. and …
