Monthly Archive: June 2016

Oil Futures Retreat on Thursday Following Best Quarterly Gain in Seven Years

After posting their largest gain since April, crude oil futures retreated on Thursday despite posting the greatest quarterly gain since 2009, according to Bloomberg MarketWatch.

On the New York Mercantile Exchange, August West Texas Intermediate crude dropped $1.55, or 3.1%, to settle at $48.33 a barrel. WTI prices gained over 26% for the …

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Completion Reports July 1, 2016

CANADIAN COUNTY Devon Energy Production Co Lp Woodford(10045): Oil 544 Gas 1032 Water 1627 Flow 31 14N 7W Old Ricky’s Ridge 31_30-14n-7w 1hx, June 07, 2016 HH, OIL, TD: 20054 ft Lat: 35.63908, Long: -97.99199 API: 35017248810000

HUGHES COUNTY Petroquest Energy Llc Woodford(5294): Gas 2081 Water …

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Permits to Drill July 1, 2016

Ellis County CRIPPLE BEAR #4H-30, June 30 2016 19 17N 23W SESWSESE API: 04523617 Lat: 35.92703771949852, Long: -99.68672873333333 LE NORMAN OPERATING LLC HH, DR, 13514 ft, TONKAWA(8250)

Kingfisher County COLEMAN 1706 #5B-9MH, June 30 2016 16 17N 6W NWNENENW API:

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Critics say ETE Circus missed out on Crown Jewel in Williams Companies

kelcyWarren

 

He passed up on “the crown jewel” of U.S. gas pipelines.

 

Billionaire oilman Kelcy Warren is  not commenting publicly about his decision this week to back out of what started as a $38 billion merger of his Energy Transfer Equity company in Dallas with Tulsa-based Williams Companies.

But others are, according …

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Now That’s a Wind Turbine Blade!

240footturbineblade

The wind turbine blades on wind farms in Oklahoma are 116-feet in length but the ones to be used in the nation’s first offshore wind farm off the coast of Rhode Island will dwarf them.

They will be more than twice the size of the typical Oklahoma wind farm turbine blade…..240 feet long.  …

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McClendon Estate in Legal Fight with Trust

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With nearly $500 million in debts, the estate of the late Oklahoma City energy mogul Aubrey McClendon is the focus of a legal move before the Oklahoma State Supreme.

The Wilmington Trust wants oversight of the estate transactions and has gone to the supreme court for help, according to the Journal Record. In …

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VW Settlement Won’t Affect Oklahoma Lawsuit in Emissions Scandal

VW

 

 

 

The settlement in the U.S.  of the emissions scandal surrounding Volkswagen apparently won’t affect the lawsuit filed against the company by the state of Oklahoma. VW reached a settlement with 44 other states and federal agencies but not with Oklahoma.

“The VW Group reached several settlements yesterday, but none will have …

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Agreement Puts Colorado’s Roan Plateau off-limits to Drilling

roanplateau

Western Colorado’s wild Roan Plateau is the focus of the U.S. Bureau of Land Management as the federal agency moves to protect it from more natural gas drilling.

The BLM approved plans this week to put provisions in place in a 2014 compromise among conservation groups and natural gas producer Bill Barrett Corp.

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Alaska’s Yearly Checks to Residents at Risk Over Low Oil Prices

alaska

Those oil fund wealth checks that Alaskans have been getting for more than 30  years could be ending as Alaska struggles with budget shortages. Declining production and the drop in oil prices have hit the state just as they have others like Oklahoma and Texas.

“At this point, all options are on the table,” …

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Illinois River Cleaned up as Scenic Rivers Commission No Longer Exists

edfite

Compared to years ago, the Illinois River in eastern Oklahoma is cleaner these days, thanks to the work of Ed Fite and the Oklahoma Scenic Rivers Commission. As of Friday, the Commission will no longer exist and Fite will instead become an employee of the Grand River Dam Authority.

Ron Hays at the Oklahoma …

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