Monthly Archive: August 2015

Three Day Winning Streak for Crude Prices

For the third session in a row crude prices climbed on Monday. October West Texas Intermediate crude jumped $3.98 a barrel to settle at $49.20 a barrel on the New York Mercantile Exchange. October Brent crude on the London ICE Futures Exchange gained $…

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Fitch Holds Devon Energy’s Rating Steady During Market Turmoil

Fitch Ratings said steady as she goes for Devon Energy as the company finds its way through a lower priced commodity marketplace. The ratings firm Monday held steady Devon’s Long-term Issuer Default Rating at BBB+. The ratings outlook from Fitch is Sta…

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WPX Energy Sells North Dakota Assets for $185 Million

Tulsa-based WPX Energy’s announced it will sell a North Dakota gathering system for nearly $185 million to a private equity fund managed by the Ares EIF Group which is a subsidiary of Ares Management, L.P. The sale is part of WPX’s delevering plan targ…

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Completion Reports September 1 2015

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Permits to Drill September 1 2015

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Could be Months before Earthquake Impact is Seen from Injecton Well Reductions

The head of the Oklahoma Geological Survey says it could be months before the state sees any impact on the recent moves to curtail some use of oil and gas wastewater injection wells and whether the reductions affect the number of earthquakes in the sta…

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Huge Gas Well for Continental Resources in Blaine County

Blaine County’s been pretty good to Oklahoma City-based Continental Resources in the past few months, producing a more than 14 million cubic feet per day gas well for the company. Continental Resources officials are not commenting publicly about…

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Huge Gas Well for Continental Resources in Blaine County

Blaine County’s been pretty good to Oklahoma City-based Continental Resources in the past few months, producing a more than 14 million cubic feet per day gas well for the company. Continental Resources officials are not commenting publicly about the p…

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Claremore Claims $56 million Loss in Business Due to Train Delays

Train delays have become such a nuisance to residents and motorists in the northeast Oklahoma city of Claremore that the Claremore Industrial and Economic Development Authority to study them. And now the study is out, showing that in one month, Claremo…

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Inhofe to Question EPA Director over Colorado Toxic Spill

Oklahoma U.S. Senator Jim Inhofe will have another encounter with Gina McCarthy, Administrator of the U.S. Environmental Protection Agency. As chairman of the U.S. Senate Environment and Public Works Committee, the Senator plans a Sept. 16 heari…

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