Oil futures jumped closer to $50 a barrel on Wednesday, marking their greatest settlement since October, according to Bloomberg MarketWatch. July West Texas Intermediate crude rose 94 cents, or 1.9%, on the New York Mercantile Exchange to end trading at $49.56 a barrel. On London’s ICE Futures Exchange, July Brent crude, the global benchmark, tacked …
May 25, 2016 archive
Completion Reports May 26, 2016
CREEK COUNTY Dyer Dale E Dba The Loving Company 12 17N 8E Pickett 6a, April 15, 2016 SH, INJ, TD: 2996 ft Lat: 35.97077, Long: -96.41509 API: 35037292890001 CUSTER COUNTY Blake Production Company Inc Oswego: Oil 86 Gas 89 Water 175 Pump 23 15N 15W Putnam Oswego Unit 1-23h, September 25, 2015 HH, OIL, TD: …
Permits to Drill May 26, 2016
Alfalfa County SHARON 31-27-11 #1H, May 25 2016 30 27N 11W SESESESW API: 00323256 Lat: 36.78340549636839, Long: -98.42382682962905 CHESAPEAKE OPERATING LLC HH, DR, 10700 ft, MISSISSIPPIAN(5417) Creek County PICKETT #A-3, May 25 2016 12 17N 8E CNESENW API: 03714026 Lat: 35.969406156957724, Long: -96.41509220116342 DYER DALE E dba THE LOVING COMPANY SH, RC, 3128 ft, RED …
Inhofe Cites Proof Feds are using WOTUS for Overreach
Oklahoma U.S. Sen. Jim Inhofe says he and his supporters are still fighting the “overreach” of the federal government, especially when it comes to the Waters of the U.S. Rule that is on hold in the federal courts. “I have heard concerns that the Corps and EPA are continuing to expand federal control over land …
Railroad Improvement Tax Credit Trimmed by New Law in Oklahoma
One of the 14 bills signed into law Tuesday by Oklahoma Gov. Mary Fallin focuses on limiting tax credits for railroad rehabilitation and improvements in the state. She signed House Bill 3204 into law making it immediately effective. The bill cuts the tax credit by 25 percent Authors were Representatives Earl Sears and Dennis Casey …
Aeronautics Commission Renews Aerospace Contract
(From the Oklahoma Aeronautics Commission) While the state legislature is deciding final agency budgets this week at the Oklahoma Capitol, a high-level meeting at the entity for all things aeronautics was buzzing with activity as well. Most of the general public and even some state and federal lawmakers are unaware of a hidden armament tucked …
Range Resources Escapes $9 million Fine
Fort Worth based-Range Resources, a firm with hundreds of thousands of leased acres for exploration in Oklahoma and the Texas Panhandle escaped a nearly $9 million fine this week in Pennsylvania over a gas well that leaked methane into drinking water supplies and streams. The firm’s Range Resources-Appalachia LLC reached an agreement with Pennsylvania’s Department …
Baker Hughes Moves to Buy Back $1 billion in Notes
In a move to improve its financial standings, Houston-based Baker Hughes Incorporated has started a tender offer to purchase for cash up to $1 billion in senior notes that are due in 2018, 2021, 2024, 2029 and 2040. The offer will continue until midnight, New York City time at the end of June 22, 2016. …
Federal Judge Turns Aside EPA’s Challenge to WOTUS Fight
Months after he issued a ruling that put the U.S. Environmental Protection Agency’s Waters of the U.S. Rule on hold, the same North Dakota federal judge ruled this week against a challenge made by the EPA. U.S. District Judge Ralph E. Erickson ruled Tuesday against the claims of the EPA to dismiss the challenges to …
House Approves Move to Defund WOTUS Rule
In a voice vote Tuesday night, the U.S. House of Representatives passed a new energy bill that moves to defund the Environmental Protection Agency’s controversial Waters of the U.S. Rule. The defunding is part of a $37.4 billion bill to fund the Department of Energy and the U.S. Army Corps of Engineers and several energy …
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