December 2019 archive

Natural gas flaring hits record level

Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. The volume of U.S. natural gas reported as vented and flared reached its highest-ever average annual level of 1.28B cf/day in 2018, the EIA says, adding that the percentage of …

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Halliburton to lay off more workers

The layoffs of hundreds of workers at Halliburton’s El Reno operations center last week are not the only ones to hit the Houston-based company. Halliburton is cutting more jobs in Bakersfield, Calfornia where 70 employees are being let go right before Christmas. Halliburton didn’t confirm any time for the layoffs but issued a statement. The …

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Celadon Trucking to file bankruptcy

The interstates will be void of Celadon trucks this week as the Indiana trucking giant declared bankruptcy, potentially leaving more than 3,200 drivers stranded away from home. Celadon grossed $1 billion in 2015 but plans to file bankruptcy on Wednesday. If so, it will be the largest truckload bankruptcy in U.S. history. A report by …

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Completion reports for December 6, 2019

Completion reports filed for December 6, 2019. GRADY COUNTY Continental Resources Inc Mississippian(11472): Oil 123 Gas 950 Water 4585 Flow 2 6N 5W Triple Rimer 3-35-26xhm, September 11, 2019 HH, OIL, TD: 22040 ft Lat: 35.02881, Long: -97.70423 API: 35051245620000 KAY COUNTY Snr Northern Oklahoma Operating Llc Mississippi Lime- Mississippi Chat: Oil 30 Gas 120 Water 450 Pump 32 25N 1E Etu 32-1, October 02, 2019 …

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Permits to drill for December 6, 2019

Permits to drill issued for December 6, 2019.   Grady County ADAMS 27-34 #1XH, August 23 2018 27 6N 6W NENENWNE API: 05124450 Lat: 34.97074846601418, Long: -97.81649938251752 RED WOLF OPERATING LLC HH, AM, 25000 ft, WOODFORD(14099) Grady County ADAMS 27-34 #2XH, August 23 2018 27 6N 6W NENENWNE API: 05124451 Lat: 34.970748461842106, Long: -97.81659951341376 RED WOLF OPERATING …

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Energy news in brief

** University of Iowa officials will review four bids for a 50-year, multibillion-dollar deal to operate the school’s utilities system.  **  A developer sues a mid-Michigan township after it adopted a 90-day moratorium effectively blocking a proposed 850-acre solar project.  ** There is still hope for offshore wind in California, but development in the Southern part of the state is impeded by military considerations. …

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Rig activity declines in Oklahoma and the U.S.

The number of oil and gas rigs drilling for new sources of energy dropped again in the past week, both in Oklahoma and across the U.S. Oklahoma’s count slipped by one to 50 rigs compared to the 142 rigs active in the state last year at this time. The U.S. count dropped by three to …

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Energy companies lose rulings in federal courts in Arkansas and New Mexico

Federal judges have made recent rulings affecting energy companies in Oklahoma and New Mexico. U.S. District Judge P.K. Holmes III of the Western District of Arkansas in Fort Smith ruled in a case involving a lawsuit filed by OK Foods, Inc. against Continental Carbonic Products, Inc. and electrical power provider AES Shady Point LLC. The …

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EPA Watchdog scolds Scott Pruitt

Almost 20 months after former Oklahoma Attorney General Scott Pruitt resigned as administrator of the EPA in the Trump administration, Democrats are still hounding him and holding him up for criticism. So is the EPA’s watchdog. In the past week, the EPA’s Inspector General released a report stating the EPA violated two executive orders in …

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ONEOK gets okay to move propane into Midwest

Tulsa-based ONEOK has won federal approval of a move to transport more propane into the Midwest because of a shortage of the fuel. The Federal Energy Regulatory Commission has voted in support of two amendments to oil pipeline tariffs to accomplish the move. ONEOK North System won the go-ahead to transfer some of its allocated …

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