2017 archive

Permits to Drill February 3, 2017

  Coal County PISTOL #2-9/16H, August 02 2016 04 1N 11E NWSWNESE API: 02921338 Lat: 34.583793295215465, Long: -96.14828993671021 BRAVO ARKOMA LLC HH, DR, 21030 ft, CANEY(9929), WOODFORD(10247) Coal County PISTOL #1-9/16H, August 02 2016 04 1N 11E NWSWNESE API: 02921337 Lat: 34.58377955584918, Long: -96.14833644623974 BRAVO ARKOMA LLC HH, DR, 21082 ft, CANEY(9929), WOODFORD(10247) Garvin County …

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Democrats Defend Boycott of Pruitt Vote—Accuse him of Stonewalling their Pursuit of the Truth

While Scott Pruitt’s name is on its way to the U.S. Senate, Democrats who boycotted a Thursday vote on the Senate Environment and Public Works Committee defend their actions. Led by ranking committee member, Sen. Tom Carper (D-Del.) they decried committee chairman Sen. John Barrasso’s decision to suspend the committee rules “and rush through the …

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Republicans Suspend Committee Rules and Recommend Pruitt to Head EPA

  Oklahoma Attorney General Scott Pruitt’s nomination to take over as Administrator of the EPA is finally on its way to the full U.S. Senate but not without more political drama offered by Democrats on Capitol Hill. When Democrats boycotted the meeting of the U.S. Senate Environment and Public Works Committee for a second straight …

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Texas Firm Expands Midstream Operations in Delaware Basin

With major investments from EnCap Flatrock Midstream, a company with offices in Oklahoma City and Houston, a Texas firm is expanding its operations in the Delaware Basin of New Mexico. Midstream provider Lucid Energy Group just purchased a second cryogenic processing plant for its South Carlsbad Gathering and Processing System. Known as Roadrunner 1, the …

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Water Management Firm Gets Investment from Texas Company

It never hurts to get another company to invest in your operation. The Denver, Colorado based Gradiant Energy Services, a firm focused on integrated water management solutions in the energy industry says it has secured a capital investment from a Texas company. The investment is by Turnbridge Capital, LLC, a firm with offices in Dallas …

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HollyFrontier Wraps up $1.1 billion Purchase to Expand its Lubricants Production

A more than $1 billion purchase of a Canadian company has been carried out by Dallas-based HollyFrontier. The Texas firm announced completion of its acquisition of Suncor Energy’s Petro-Canada Lubricants business for $1.125 billion in Canadian dollars. The $1.1 billion purchase includes working capital with an estimated value of CAD $342 million. The Petro-Canada Lubricants …

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Williams Partners Puts Pipeline Expansion into Operation at LNG Export Facility in Louisiana

Tulsa’s Williams Partners L.P. has put into service its Gulf Trace project, the 1.2 million dekatherm a day expansion of the Transco Pipeline system serving an export terminal in Cameron Parish, Louisiana. The Transco system will serve the Cheniere Energy Partners, L.P Sabine Pass Liquefaction terminal. It is the first large-scale LNG export facility in …

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ConocoPhillips Reports 2016 Losses totaled $3.6 billion, an improvement over 2015

Houston-based ConocoPhillips reported a fourth-quarter 2016 net loss of $35 million.  And that’s a big improvement over the $3.5 billion reported lost in the fourth quarter of 2015. The company stated that excluding special items, its fourth-quarter 2016 adjusted earnings were a net loss of $318 million compared to the $1.1 billion lost a year …

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Reps. Lucas and Bridenstine Get House Science Committee Assignments

Oklahoma U.S. Representatives Frank Lucas and Jim Bridenstine know their 2015 assignments on the House Science, Space and Technology Committee. Committee chairman Lamar Smith, (R-Texas) made the announcement this week. “Rep. Frank Lucas will continue to serve as vice chair of the Science Committee. His leadership and dedication to ensuring that federally funded science is …

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Wednesday Settlements Push Crude Oil Above $53 a Barrel Despite Inventory Increase

Crude oil futures rallied to their highest settlement in more than three weeks on Wednesday as U.S. government data revealed the largest rise in crude oil supplies in three months, according to Bloomberg MarketWatch. March West Texas Intermediate crude rose $1.07, or 2%, to settle at $53.88 a barrel on the New York Mercantile Exchange—the highest …

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