The Permian Basin in West Texas and southern New Mexico is gaining rigs according to figures from the U.S. Energy Information Administration. As of September, the basin picked up another 52 drilled but uncompleted wells, making a total of 1,378. The EIA also predicted the Permian’s November crude oil production will increase 30,000 b/d …
Fracking opponents in Maryland will be led in a parade this coming weekend by their governor Larry Hogan. The governor plans to join anti-fracking activists during the Autumn Glory Parade in the city of Oakland. He is the grand marshal of the parade and will lead activists in opposing Maryland’s plan to allow fracking in …
The Oklahoma Corporation Commission is planning another continuing education program later this month focusing on formation evaluation. Iain Pirie, a Principal Petrophysicist with Schlumberger will make a presentation regarding formation evaluation based on well logs and other evaluation technology. He will also address how the scope of formation evaluation has expanded to aid in the …
Colorado authorities are probing the reported possible release of sulfur dioxide at a refinery near Denver that experienced a power failure late last week. It occurred at the Suncor Energy, Inc. plant in Commerce City where plumes of orange and black smoke were sent into the air when the power failure resulted in a shut-down …
Oil futures settled below the crucial $50 a barrel benchmark on Monday as an increase in the number of active drilling rigs in the U.S. and rising crude output from major producers impacted trading, according to Bloomberg MarketWatch. November West Texas Intermediate crude slipped by 54 cents, or 1.1%, to settle at $49.81 a barrel on …
Another group is challenging hydraulic fracturing operations. This time, the Marcellus Shale Coalition has filed suit over Pennsylvania’s new rules governing the fracking process. The Coalition contends parts of the Chapter 78(a) rules went beyond the scope of the State Department of Environmental Protection’s regulatory authority. They also claim the new rules that took effect …
The Federal Energy Regulatory Commission has handed another blow to Williams Partners LP over the Tulsa company’s plans for a $3 billion pipeline to carry natural gas to the eastern part of the country. The Commission announced recently that landowners would have until Nov. 14 to comment on the new route alternatives for parts of Williams’s …
Already with a heavy commitment in Oklahoma’s STACK, Houston-based Newfield Exploration is now talking of possibly selling Bakken Shale assets in North Dakota to finance more drilling in northern Oklahoma. At the same time, the company’s chief executive officer, Lee Boothby offers some cautious optimism, suggesting the company needs more exploration time and a …
Now Vermont Sen. Bernie Sanders is getting involved in the fight to stop construction of the Dakota Access pipeline, the one that has drawn even Oklahoma Native Americans to North Dakota to protest the line. This time, Sanders joined three other Democratic Senators in asking President Barack Obama to personally intervene and stop the pipeline …
The Oklahoma Corporation Commission’s 2016 Oil and Gas Institute will be held on Friday, October 21, 2016 at the OU-Tulsa Schusterman Center. Topics to be covered at this year’s program include earthquakes, municipal regulation and key issues raised by the advancement in drilling technology. “This is an opportunity for attorneys, energy professionals and others to …
