2017 archive

Government Asks Judge to Approve Bankruptcy Deal with Coal Mining Company

  The government’s asking a Missouri bankruptcy judge to sign off on a $43 million dollar settlement with Peabody Energy Corp., the company that filed bankruptcy a few years ago. The deal sought by the U.S. Justice Department focuses on environmental liabilities at 13 Superfund sites. Peabody came out of bankruptcy in April and agreed …

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Environmental Groups Don’t Like Being Sued by Pipeline Developer

With the tables turned on them, environmental groups sued by the developer of the Dakota Access oil pipeline in North Dakota are calling the suit an attack on free speech. “Harassment by corporate bullies,” is how Greenpeace attorney Tom Wetterer described the lawsuit filed last week by Dallas-based Energy Transfer Partners. The suit was filed …

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State Asks Supreme Court to Have Sierra Club Lawsuit Put on Hold

While the Oklahoma Supreme Court wrestles with a constitutional challenge to a tax on electric cars, a similar lawsuit filed by the Sierra Club could be on hold. The original challenge to HB 1449 was filed by former U.S. Attorney Gary Richardson, now a candidate for the GOP nomination for governor. Oral arguments were held …

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Pruitt Sticks With Former Oklahoma Banker on His Staff Despite FDIC Problems

EPA Administrator Scott Pruitt can expect more questions and digging by national reporters over the man he named to head an EPA task force on Superfund sites. That’s because Albert C. “Kell” Kelly, former chairman and CEO of Tulsa-based SpiritBank has been fined $125,000 by the FDIC. Kelly was named in May to chair the …

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Energy Markets on Shaky Ground After Hurricane Harvey Slams Texas Coast

Hurricane Harvey has disrupted nearly 15% of U.S. refinery capacity in the Gulf and will likely cause a rise in fuel prices across the country. Energy markets may be in for a bumpy ride when they open Monday as investors try to gauge the impact of the disruption, according to Bloomberg MarketWatch. After slamming into …

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3.5 Magnitude Earthquake Rocks Western Oklahoma on Sunday Afternoon

The U.S. Geological Survey recorded a 3.5 magnitude earthquake on Sunday afternoon in western Oklahoma. The quake was reported about 4:25 p.m. on Sunday. The epicenter was about 18 miles north, northeast of Weatherford, 30 miles west, northwest of El Reno and 64 miles west, northwest of Oklahoma City. Reports indicate that the quake could …

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U.S. and Oklahoma Show Decline in Active Rig Count

Canada led the way with the addition of 3 new rigs last week while the U.S. rig count dropped by a total of six, according to the Baker Hughes rig count released on Friday. Canada now has a total of 217 rigs, up 71 rigs when compared with last year’s count of 46. The U.S. …

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Permits to Drill August 28, 2017

  Beckham County EXXON WALNE #1-34, August 25 2017 34 11N 25W NWSWNESW API: 00920825 Lat: 35.38328961662162, Long: -99.83642602261254 FOURPOINT ENERGY LLC DH, RC, 25825 ft, MORROW-SPRINGER(16581) Creek County GEORGE #1-33, August 25 2017 33 15N 10E S2NWSWSE API: 03729383 Lat: 35.72843703132527, Long: -96.25359957587901 WFD OIL CORPORATION SH, DR, 3175 ft, RED FORK(1980), BARTLESVILLE(2145), BOOCH(2240), DUTCHER(2375), MISENER(3100), …

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Marathon Scores a 1,600 Barrel a Day Well in STACK

Marathon Oil’s reporting a large well in Oklahoma’s STACK, one producing nearly 1,600 barrels of oil a day in Blaine County. Details shown in OK Energy Today’s Well Completion reports, indicate the Chapman well, 26 15N 11W is located about 3 miles northeast of the community of Greenfield. Its official completion report stated the production …

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PSO Crews in Texas Helping With Damage from Hurricane Harvey

An estimated 300 utility workers for Public Service Company of Oklahoma headed Friday to south Texas to assist with repairs following the arrival of Hurricane Harvey. Most were workers from Tulsa, McAlester and Lawton areas. Some were line and tree crews wile engineers also were sent to stage Friday night in San Antonio to await …

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