A tax fight in Arkansas by the Southwestern Energy Co. of Houston is leaving some school districts in the lurch. As Bloomberg News reported recently, a school district in Pangburn, Arkansas is feeling the strain as the $2.7 billion utility disputes its local tax bills. Southwestern Energy has reportedly filed lawsuits in six Arkansas …
December 2018 archive
Congressional hearings on federal energy management and the Fuels Act to be held this week
Two subcommittees of the U.S. House Energy and Commerce Committee have scheduled hearings for this week. Oklahoma congressman Markwayne Mullin and others on the Subcommittee on Energy will hold a hearing Wednesday, Dec. 12 on “Public Private Partnerships for Federal Energy Management.” It will begin at 10:15 a.m. eastern time. Historically, the federal government has …
Gasoline prices continue downward spiral in OKC and Tulsa
Drivers in Oklahoma’s major metro areas are seeing a continued drop in gasoline prices as they pull up to the pumps. GasBuddy reports prices have dropped about a penny a gallon in the past week in Oklahoma City where the new average is $1.96. The report is a result of GasBuddy’s daily survey of 669 …
Southern Oklahoma feels another small earthquake
Another small earthquake has been reported in southern Oklahoma while two more occurred over the weekend in the northern part of the state. They are the latest to be monitored closely by the Oklahoma Corporation Commission as state regulators attempt to control activity linked by scientists to wastewater well disposal operations. The southern quake measured …
Supreme Court considers Oklahoma wind farm fight
The U.S. Supreme Court is considering whether to hear the appeal of a wind energy company that has been in a legal fight since 2010 with the Osage Nation in northeast Oklahoma. Osage Wind LLC has appealed a ruling by the U.S. 10th Circuit Court of Appeals in Denver, Colorado in which the court sided …
Rig counts dropped in Oklahoma and US in past week
The number of active oil and gas drilling rigs fell by three over the past week in Oklahoma to a level of 142. Figures from Baker Hughes Company also indicated the national count dropped one to 1,075. The number of oil rigs plunged by 10 to 877 while the number of gas-drilling rigs rose by …
Continental Resources finds more success in the STACK
A multi-well single pad drilled by Continental Resources Inc. in the STACK produced more than 6,000 barrels of oil a day for the Oklahoma City energy company. Three Jalou wells located about 5 miles northeast of the community of Greenfield in Blaine county had production of more than 2,000 Boed each. The largest of the …
Permits to drill for Dec. 7, 2018
Permits to drill issued for Dec. 7, 2018. Blaine County POST OAK 10-14N-11W #1H, December 07 2018 10 14N 11W SWSESESE API: 01124136 Lat: 35.69695998727057, Long: -98.35006893064529 MARATHON OIL COMPANY HH, DR, 16521 ft, MISSISSIPPIAN(11753) Blaine County REBA JO #1-13H, December 07 2018 13 15N 11W SWSESWSW API: 01123812 Lat: 35.76923791217936, Long: -98.32817164582671 CONTINENTAL RESOURCES INC HH, …
Completion reports for Dec. 7, 2018
Completion reports for Dec. 7, 2018. Continental Resources Inc Mississippi Lime(9399): Oil 2548 Gas 5952 Water 2746 Flow Mississippian (less Chester)(15301): Oil 2548 Gas 5952 Water 2746 Flow 4 16N 12W Madeline 2-4-9xhm, June 24, 2018 HH, OIL, TD: 20543 ft Lat: 35.89770, Long: -98.47886 API: 35011239810000 Continental Resources Inc Mississippian(10130): Oil 2573 Gas 12141 Water 3536 Flow 24 15N 11W Jalou 4-25-36xhm, September 15, 2018 HH, OIL, TD: 21965 …
Governor declares winter storm state of emergency for entire state
Not just 14 counties, but all 77 counties in Oklahoma have been put under Governor Mary Fallin’s declaration of a state of emergency due to the severe winter weather that was forecast to hit the state. She took the action on Thursday before the storm actually hit the state, stating in her announcement, ” Because …