Monthly Archive: August 2016

Big Gains for the Month, Lower WTI and Brent Crude Settlements on Wednesday

Oil futures settled lower on Wednesday after a U.S. government report revealed a larger-than-expected weekly increase in crude inventories, according to Bloomberg MarketWatch.

On the New York Mercantile Exchange, October West Texas Intermediate crude slipped $1.65, or 3.6%, to settle at $44.70 a barrel. The settlement was the lowest since August 12. For …

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Permits to Drill September 1, 2016

Beckham County BARNETT 29/28-11-21 #2H, August 31 2016 33 11N 21W NWSWNWNW API: 00921980 Lat: 35.390832717897865, Long: -99.43437183684406 ATALAYA RESOURCES LLC HH, DR, 18400 ft, DES MOINES(12250)

Beckham County BARNETT 29/28-11-21 #3H, August 31 2016 32 11N 21W NWSWNWNW API:

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Improvements Coming at Norman CNG Station

NormanCNG

A $10,000 grant from the Association of Central Oklahoma Governments will mean improved service at Norman’s municipal CNG fueling station.

The Norman Transcript reports the grant will be used to increase storage of the gas and relieve pressure on the city’s compressors. It will also mean faster service not only for customers …

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Before Death, McClendon Mortgaged his Share in OKC Thunder

aubreythunder

 

The picture was widely used before Aubrey McClendon’s death….one of him cheering on the Oklahoma City Thunder, the NBA team in which he had a 20 percent share. Now comes a report from the Wall Street Journal that before his death in March, the energy magnate mortgaged his share of the team.

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New Anti-Oil and Gas Methane Report Ranks Oklahoma With Some of the Worst Health Problems

asthmaattack

Oklahoma doesn’t have the worst health problems due to methane gas releases from the oil and gas industry in the nation but it’s in the top ten, according to a new analysis from two national environmental groups.  As for the worst, they belong to Texas, especially the Dallas-Fort Worth and San Antonio areas.

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DFW Considering $9 million Settlement Offer from Chesapeake Energy

lawsuit

The $9 million offer made by Oklahoma City-based Chesapeake Energy to settle a lawsuit filed by the Dallas Fort Worth International Airport Board was discussed by the board this week. It’s unclear if the matter was formally approved.

The board held a closed session as it sought the advice of legal counsel in …

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BNSF Experimenting with Drones for Track Inspections

BNSFdrone

Don’t be too surprised if soon you see drones or unmanned aircraft vehicles flying over railroad tracks in Oklahoma and other states where the Burlington Northern Santa Fe Railway operates.

The rail line has been carrying out experiments in New Mexico to inspect tracks and at the same time working with the Federal …

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State Aeronautics Commission to Meet Thursday

OklahomaAeronautics

Aeronautics Commission Set to Complete Aviation Education Grants, Update Aviation Economic Study and Present 2017 Legislative Agenda for Approval   Who:            Oklahoma Aeronautics Commission   What:           Oklahoma Aeronautics Commission Meeting   When:          Thursday, September 1, 2016, at 10am   Where:         OKLAHOMA DEPARTMENT OF TRANSPORTATION                      FIRST FLOOR COMMISSION …

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Cars, Trucks and Boats Could be Contaminated with Bad Ethanol Gasoline in nearly a dozen counties

noethanol

The Oklahoma Corporation Commission’s still looking into this week’s incident involving gasoline contaminated with too much ethanol before it was sold at numerous retail stations in central and southern Oklahoma. But there is no formal investigation of the incident.

An estimated 10,700 barrels or about 449,400 gallons was mistakenly distributed to service stations …

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OCC Recalls High Ethanol Gasoline Delivered by Magellan Midstream

Nearly 450,000 gallons of gasoline containing three times the acceptable level of ethanol was delivered to central Oklahoma retailers over the past week.

Tulsa-based Magellan Midstream Partners LP notified the Oklahoma Corporation Commission on Tuesday and advised that equipment failure at its Oklahoma City fuel distribution terminal is to blame.

“We had a …

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