Monthly Archive: November 2015

Completion Reports December 1 2015

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Permits to Drill December 1 2015

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EPA Sets Renewable Fuel Standard

The Environmental Protection Agency issued its final volume requirements for the Renewable Fuel Standard on Monday. The EPA set the levels for 2014, 2015, and 2016, along with final volume requirements for biomass-based diesel for 2014 to 2017. The age…

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Several Factors Keep Crude Prices Lower on Monday

Climate talks get underway in Paris, Federal Reserve Chairwoman Janet Yellen will issue her outlook on the economy Thursday, OPEC begins meeting on Friday, and oversupply worries persist on Monday to push crude prices lower. January West Texas Intermed…

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Tulsa’s Nadel and Gussman Partners With Texas Company to Develop Acreage

Tulsa’s Nadel and Gussman, LLC is throwing in with a Midland, Texas, company to develop acreage and reserves in New Mexico. BC Operating, Inc. announced the deal on Monday which forms a joint development agreement. It combines the acreage and reserves …

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Blueknight Energy Partners Extends Pipeline Commitment Deadline

Blueknight Energy Partners announced Monday it was extending the time for its binding open season for its Oklahoma Condensate Pipeline until December 18. The Oklahoma City company said there is avid interest in the offering.
“We have received strong i…

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NGL Energy Partners Looks to Raise Funds to Pay Down Debt

In a move to help pay down part of its debt, NGL Energy Partners and its wholly owned subsidiary NGL Energy Finance Corp intend to offer $300 million in senior notes. The offer will be subject to market and other conditions according to the Tulsa based…

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More Strong Quakes Felt in Oklahoma on Monday

More significant earthquake activity in Oklahoma as at least two quakes measured more than 3.0 magnitude on Monday. The U.S. Geological Survey reported a 4.5 quake before 4am near Medford in Grant County. Another earthquake was felt about two hours lat…

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OPEC Meets Later This Week

The Organization of Petroleum Exporting Countries will meet late this week in Vienna. One of the major topics will be production levels and the lower commodity prices.
Saudi Arabia has led the way for OPEC on the policy of protecting market share no m…

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Hurricane Season Barely Affects U.S. Oil Production

Despite the strongest hurricane ever in the Western Hemisphere being recorded this year, the hurricane season has done little to slow oil and gas production in the Gulf of Mexico. The strongest hurricane was Hurricane Patricia, but it was on the Pacifi…

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