February 2018 archive

New Energy Index Shows More Economic Improvement from Oil and Gas

The latest Oklahoma Energy Index shows strong economic gains are being made in Oklahoma because of growing improvements in the oil  and natural gas industry. Dr. Russell Evans, executive director of the Steven C. Agee Economic Research and Policy Institute, said the most recent Oklahoma Energy Index (OEI) said both rural and urban areas of …

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Sierra Club Concerned About Impact of State Budget Challenges on Environment

As the State of Oklahoma proposes to take the lead in enforcement of coal ash permitting in the state, the Oklahoma Sierra Club is concerned state budget funding challenges might be too much for the state to handle. It was the claim of Johnson Bridgwater, President of the State Sierra Club who was one of …

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Oklahoma Gasoline Prices Remain in Top Ten Lowest in U.S.

Oklahoma remains one of the top ten states for the least expensive gasoline in the country this week while at the same time it also is in the top ten for monthly changes in gasoline prices. AAA Oklahoma reports the average gasoline price is $2.42 a gallon this week, low enough for the state to …

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Permits to Drill Feb. 1-7

Below are the permits to drill issued for Feb. 1 through Feb. 7.   Scroll down for results.             COUNTY Well name Operator HOLE PERMIT SCTN TWN RNG SPOT Approval Date Scan Date API Document Beaver BEARD STATE 1-6 TEX-OK ENERGY LP SH RC 6 5N 23E E2 W2 SW …

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Completion reports Feb. 1 thru 7

Below are the weekly completion  reports dated Feb.1 through Feb. 7.   Scroll down for results.           COUNTY Well name OPERATOR SCTN TWN RNG SPOT Completion Date Oil Gas Water Scan Date API Document Blaine REAGAN 1-16-21XH CONTINENTAL RESOURCE 16 14N 13W SW NE NW NE Dec-07-2017 13426 3894 Feb-02-2018 01123667 …

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A Valentine’s Day Warning About Metallic Balloons

With the arrival of Valentine’s Day, a warning’s being issued by power companies across the country—be careful about releasing any of the metallic balloons that fancy some sweethearts. If one of the metallic balloons comes into contact with a power line, it can lead to a power outage. For example, last year in California, Pacific …

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CFO Announces Retirement at Murphy Oil

One of the top executives at Murphy Oil Corporation in El Dorado, Arkansas is retiring after 28 years with the company. John W. Eckart, Executive Vice President and Chief Financial Officer plans to retire later this year. The company has started a search to  find a successor. He joined the company in 1990 as Auditing …

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Increased Earnings for Tallgrass Energy Partners

Kansas City, Kansas  based Tallgrass Energy Partners LP reported an increase in earnings for the 4th quarter of 2017 and for the year itself. Net income for the quarter increased as did income for the year for the oil pipeline company. “Tallgrass Energy delivered another outstanding year in 2017income, meeting the high-end of the Adjusted …

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Pipeline Construction Updates from 2 Texas Firms

The operator of a 26-mile water line serving the Delaware Basin in west Texas has finished a six-mile extension ahead of schedule. Layne Christensen Company started the project in December and announced it is already for transmission. The pipeline is near Pecos and runs northward into Reeves County. It has a capacity of 175,000 barrels …

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Some GOP Legislators Say “Alternatives” Exist to Step Up Oklahoma’s Tax Hikes

At least 8 Republicans in the Oklahoma House of Representatives say there are alternatives to the massive $704 million tax hike proposed by Step Up Oklahoma, the new group formed by civic and business leaders. The 8 make up the Oklahoma Republican Platform Caucus and said the bills proposed by Step Up represented the largest …

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