Two oil and gas exploration companies intend to keep busy in the state if the latest permit report is any indication. Newfield Exploration based in Houston filed for five permits in Kingfisher County, showing the firm’s interest in the STACK is not easing whatsoever. DonRay Petroleum LLC based in Oklahoma City filed and obtained 8 …
A Native American Indian activist remains steadfast in getting his day in court over his involvement with the Dakota Access pipeline protest, according to an Associated Press report. Chase Iron Eyes was arrested on February 1, 2017 after setting up teepees on land owned by Energy Transfer Partners, the Dallas-based company behind the controversial pipeline …
Houston-based Halliburton recently announced the appointment of Christopher Weber as Executive Vice President and CFO effective June 22, 2017. Weber joins Halliburton from Parker Drilling Company, where he served as Senior Vice President and CFO for the past four years. Weber has more than 20 years of experience in the energy industry, holding key roles …
Canada led the way with the addition of 27 new rigs last week while the U.S. rig count grew by a total of six, according to the Baker Hughes rig count released on Friday. Canada now has a total of 159 rigs, up 90 rigs when compared with last year’s count of 69. The U.S. …
Oil prices rebounded on Friday after hitting their lowest settlement of 2017 and registering their fourth weekly loss in a row, according to Bloomberg MarketWatch. July West Texas Intermediate crude oil rose 28 cents, or 0.6%, to settle at $44.74 a barrel on the New York Mercantile Exchange. For the week, WTI crude was down 2.4%. …
Oklahoma’s SCOOP yielded another monumental well for Oklahoma City-based Continental Resources producing more than 1,000 barrels of oil a day. The horizontal well is the Romanoff at 25 7N 5W located about 2 miles west of Dibble near the intersection of Highway 39 and Highway 76. Its production is 1,006 barrels of oil a day …
Oil settled with a slight loss while natural gas futures appeared on the rise Thursday, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude fell 27 cents, or 0.6%, to settle at $44.46 a barrel after losing 3.7%. August Brent crude, the global benchmark, dropped 8 cents, …
Guy L. Berry was appointed to the Oklahoma Turnpike Authority by Governor Mary Fallin on Wednesday, according to the governor’s press release. A Sapulpa resident, Berry succeeds Albert “Kell” Kelly, who resigned. Berry will serve on the board pending Senate confirmation next legislative session. “Guy Berry realizes that maintaining and repairing our turnpikes and …
Endangered whooping cranes are the focus of a showdown between the Keystone XL pipeline developer and Nebraska environmental experts, according to a report by the Associated Press. The Sierra Club and Bold Nebraska are two of the groups that submitted written testimony on Monday to the Nebraska Public Service Commission. The environmental groups contend that …
Oil prices dropped to their lowest settlement in seven months on Wednesday, after U.S. government data showed a smaller-than-expected weekly decline in domestic supplies and an increase in crude production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude fell $1.73, or 3.7%, to settle at $44.73 a barrel. On …
