While a North Dakota oil pipeline is the focus of hundreds of protesters, another pipeline under construction is moving ahead with little public notice. It’s the $353 million Nueva Era Pipeline and Howard Midstream Energy Partners, LLC of San Antonio just closed on project financing. The project, a nearly 200-mile natural gas pipeline will connect …
The STACK and the SCOOP might have the interests of energy companies in Oklahoma, and they have certainly attracted some Texas firms in exploring for new shale oil, but the Permian Basin in West Texas remains the nation’s big oil zone. This week, the U.S. Geological Survey announced a new estimate of oil in place …
Continental Resources is reporting success in the STACK with two big wells, one producing more than 2,300 barrels of oil a day in Blaine county. The LUDWIG was completed Sept. 25 following a spud date of March 22 and the end of drilling on June 12. Its completion showed production of 2,353 barrels of oil …
U.S. Senator Jim Inhofe (R-Oklahoma) sounded off Tuesday on the Bureau of Land Management’s final rule on methane and oil and gas operations on public and Indian lands. “This purely political move by the Obama administration is a last ditch effort to save the president’s crumbling climate legacy,” said Inhofe. “BLM’s rule on methane and …
The Oklahoma Energy Resources Board announced the launch of its new online platform on Tuesday. EnergyHQ will provide news, research and related content in the U.S. energy industry. The site will focus on the latest technologies, advancements and the people shaping the industry. It is designed as an educational resource for the oil and natural …
Crude oil futures mounted a strong comeback on Tuesday, snapping a three-session losing streak to finish at their highest level in two weeks, according to Bloomberg MarketWatch. December West Texas Intermediate crude jumped $2.49, or 5.8%, to settle at $45.81 a barrel on the New York Mercantile Exchange after tallying losses of more than 4% over …
A graduate of the University of Oklahoma’s Mewbourne School of Petroleum & Geological Engineering is pledging significant financial support for the Center for the Creation of Economic Wealth (CCEW) at OU’s Michael F. Price College of Business, according to a report by The Oklahoman. Distinguished Oklahoma City oil executive Ronnie Irani’s donation is aimed at …
The Oklahoma Oil and Gas Association will host a Friday luncheon featuring a panel with four major oil and natural gas company executives discussing investments in the SCOOP and STACK. They’ll also be discussing the industry’s vision of how the plays will shape Oklahoma’s future oil and gas development. The SCOOP and STACK are considered …
Protesters opposing the Dakota Access Pipeline will hold a demonstration on Tuesday morning at the SkyDance Bridge near downtown Oklahoma City. Protesters will gather at 9 a.m. with a march to follow at 10 a.m. The local demonstration is intended to show solidarity and support with those at the Standing Rock Reservation in North Dakota. …
Construction is on hold again for the Dakota Access Pipeline as the U.S. Army Corps of Engineers indicated on Monday that more information is needed before the agency decides whether to proceed with granting an easement that crosses under a portion of the Missouri River. “The Army has determined that additional discussion and analysis are …
