The drilling activity in Oklahoma’s STACK and SCOOP oil plays has increased so much in the past 7 months, the Anadarko Region’s rate of increase is second only to the Permian Region so far this year. The Anadarko was recently added to the Energy Information Administration’s Drilling Productivity Report. The EIA said the region accounted …
A $1 million contribution to the American Red Cross was made this week by Chevron Corporation for hurricane Harvey disaster relief. The donation is meant to help those affected by disastrous flooding as well as the wind damage in Corpus Christi and Houston and surrounding areas. “Our thoughts are with all the people who have …
The extensive flooding and damage from Hurricane Harvey forced Tulsa-based Magellan Midstream Partners, L.P. to announce Monday it had shutdown its oil pipeline system in Houston, Texas. The move came as the company’s 200 employees at sites there and in Corpus Christi were personally affected by the storm but reported to be safe. By mid-afternoon …
Scott Pruitt’s travels back to his home state of Oklahoma have caught up with him as head of the U.S. Environmental Protection Agency. The EPA’s Inspector General announced the start of an investigation into whether his numerous trips home, some at taxpayer’s expense have been a violation of federal ethics rules. But Pruitt’s office is …
Gasoline prices shot up across the country as Hurricane Harvey struck Texas, according to a weekly release by AAA Oklahoma. Nationally, the average of $2.37 a gallon is up seven cents from one month ago and 16 cents higher than a year ago. “No doubt, Harvey has impacted operations and access to refineries in the …
Governor Mary Fallin and the Oklahoma Department of Emergency Management (OEM) announced Monday that Oklahoma is sending swift water rescue teams to Texas to assist with storm response efforts, according to an official press release issued by the Governor’s office. Fourteen swift water rescue and Urban Search and Rescue (USAR) teams and one management team …
Oil futures plunged on Monday as traders expected a buildup in crude supplies resulting from the refinery shutdowns in the Gulf of Mexico region due to Hurricane Harvey, according to Bloomberg MarketWatch. October West Texas Intermediate crude fell $1.30, or 2.7%, to settle at $46.57 a barrel on the New York Mercantile Exchange. October Brent crude dropped …
Canadian County STEJSKAL 36-25-12-6 #2HX, August 28 2017 36 12N 6W SWSWSWSE API: 01725059 Lat: 35.46506538797984, Long: -97.78557286359488 JONES ENERGY LLC HH, DR, 18675 ft, MISSISSIPPIAN(8579), WOODFORD(8815) Canadian County FRITZ #1409 1H-12, August 28 2017 12 14N 9W NENENWNE API: 01725057 Lat: 35.71022421296657, Long: -98.10509816704811 NEWFIELD EXPLORATION MID-CON INC HH, DR, 15018 ft, MISSISSIPPI SOLID(8460) Canadian …
A new Senior Vice President and Chief Financial Officer has been named at The Williams Companies, Inc. in Tulsa. John D. Chandler will take over his new duties Sept. 5, replacing Don Chappel who announced his planned retirement from Williams earlier in the year. Chandler had been the CFO of Magellan Midstream Partners, L.P. until …
The experts say millions of barrels of oil have been taken out of the U.S. energy market by Hurricane Harvey and consequently gasoline prices will rise, not a matter of ‘if’ they rise. S and P Global Platts says at least 2.2 million barrels a day of refining capacity has been lost since the storm …
