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OGE Loses Appellate Battle on “Rights of First Refusal” in Transmission Case
The U.S. Court of Appeals for the District of Columbia Circuit ruled against Oklahoma Gas & Electric and other Southwest Power Pool utilities in a ruling that allows competitive bidding for transmission projects, according to a report published in The Oklahoman. The three-judge panel issued its decision on July 1 after oral arguments on May 4. The …
WTI, Brent Settle Higher on Friday, Lower for the Week
Oil futures ended slightly higher on Friday, while crude experienced its largest weekly loss since early February, according to a Bloomberg MarketWatch report. On the New York Mercantile Exchange, August West Texas Intermediate crude rose 27 cents, or 0.6%, to end trading at $45.41 a barrel. Prices fell 7.3% overall for the week. On London’s …
DCP Midstream Closes Tulsa Office as Part of Corporate Restructuring Efforts
Denver-based DCP Midstream LLC, the midstream segment’s largest natural gas processor, confirmed that it has closed its Tulsa office, according to a news report published by The Tulsa World on Saturday. Jerry Barnhill, a senior vice president for the midstream company, said shutting down the Tulsa office affected about 100 employees. Barnhill said the closure …
Williams Announces Date for 2016 Annual Meeting
The Williams Companies, Inc. announced that its 2016 Annual Meeting of Stockholders will be held on Wednesday, November 23, 2016. Stockholders of record at the close of business on October 7, 2016 will be entitled to vote at the Annual Meeting, according to the company’s press release issued on Friday. Stockholder proposals must be submitted …
Completion Reports July 11, 2016
ALFALFA COUNTY Chesapeake Operating Llc 15 25N 12W Raleigh 15-25-12 1h, June 27, 2016 HH, TA, TD: 11037 ft Lat: 36.63838, Long: -98.48309 API: 35003232080001 CADDO COUNTY Territory Resources Llc Marchand: Oil 10 Pump 3 5N 9W Kla-da-ing 5, January 30, 2016 SH, OIL, TD: 6593 ft Lat: 34.92833, Long: -98.14469 API: 35015367670001 KINGFISHER COUNTY …
Permits to Drill July 11, 2016
Canadian County SCOTT #1H-23X, July 08 2016 23 14N 7W NENENENE API: 01724916 Lat: 35.68135532093442, Long: -97.90656616353364 NEWFIELD EXPLORATION MID-CON INC HH, DR, 16979 ft, WOODFORD(8722) Canadian County OYLER 1307 #2-24MH, July 08 2016 25 13N 7W NWNENWNW API: 01724862 Lat: 35.57975800047852, Long: -97.90298098538537 PAYROCK ENERGY LLC HH, DR, 14813 ft, MISSISSIPPIAN(8877) Grady County EMERY …
$62 Million FASTLANE Grant Awarded to Bryan County for US 69/75
Oklahoma Senator Jim Inhofe announced on Wednesday that Bryan County was awarded a $62 million grant under the U.S. Department of Transportation’s new Nationally Significant Freight and Highway Projects program. The grant is designed to “improve safety and efficiency of high volume freight traffic along the US 69/75 corridor in southern Oklahoma,” according to a …
Disappointing Drop in Crude Oil Futures on Thursday
Oil futures fell on Thursday after U.S. government data reports revealed a lower than expected weekly decline in crude oil inventories, according to Bloomberg MarketWatch. August West Texas Intermediate crude slid $2.29, or 4.8%, to settle at $45.14 a barrel on the New York Mercantile Exchange. Earlier in the day, WTI was trading at $47.85 …
Permits to Drill July 8, 2016
Blaine County SWAIM #1-14H, July 07 2016 23 16N 12W NWNWNENW API: 01123623 Lat: 35.85508862732768, Long: -98.44977589186672 CONTINENTAL RESOURCES INC HH, DR, 15898 ft, MISSISSIPPIAN(10547) Kingfisher County LILLY #28-1H, July 07 2016 28 18N 8W SESWSESW API: 07325332 Lat: 36.00039135450561, Long: -98.06191864219537 GASTAR EXPLORATION INC HH, DR, 13037 ft, MISS’AN (EX CHESTER)(7925) Kingfisher County WIDGES …
Completion Reports July 8, 2016
BLAINE COUNTY Chesapeake Operating Llc Mississippian(9343): Oil 1224 Gas 2564 Water 240 Flow 1 16N 10W Stark 1-16-10 1h, May 19, 2016 HH, OIL, TD: 18819 ft Lat: 35.89794, Long: -98.20829 API: 35011235670000 CANADIAN COUNTY Cimarex Energy Co Mississippi Solid: Oil 184 Gas 2182 Water 1868 Flow 20 14N 9W Sims 1h-2017x, May 08, 2016 …