Crude oil futures rebounded on Monday as investors weighed the possibility that major producers will make progress this week on a pact to limit production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude climbed $1.45, or 3.3%, to settle at $45.93 a barrel, after losing nearly 4% in Friday’s …
September 26, 2016 archive
Permits to Drill September 27, 2016
Carter County OIL CITY UNIT #53, September 26 2016 27 3S 2W NENWSWNW API: 01926242 Lat: 34.270337192903874, Long: -97.40315146250182 KODIAK OIL & GAS INC SH, DR, 1200 ft, PONTOTOC(850) Carter County OIL CITY UNIT #49, September 26 2016 27 3S 2W SESWNWNW API: 01926238 Lat: 34.27124395084511, Long: -97.40315144491558 KODIAK OIL & GAS INC SH, DR, …
Shareholders Approve Merger of Westar Energy and Great Plains Energy
Shareholders have given approval to the merger of Great Plains Energy Incorporated and Westar Energy, Inc., both in Kansas. Westar is considered the largest electric utility in the state and has 700,000 customers and 2,400 employees. Great Plains is the parent company of KCP and L and headquartered in Kansas City, Missouri. “Our shareholders’ support for the transaction …
UN Wants Work Stopped on Pipeline While Federal Judge Says Some Protesters are Hooligans
Now the U-N is getting involved in the oil pipeline fight in North Dakota as the U.N.s special envoy for the rights of indigenous people is calling for a halt to its construction. Victoria Tauli-Corpuz in Geneva, Switzerland wants work stopped on the Dakota Access pipeline, calling it a threat to drinking water supplies and …
Oklahoma Legislative Interim Studies Update
Several energy-related legislative interim studies are now scheduled to take place at the Oklahoma State Capitol over the next two months. They include: Wednesday, September 28, 2016 10:00 a.m. – 4:30 p.m. State Capitol, Room 535 Senate Interim Study 16-022 Oklahoma Drones (Simpson) Speakers will include Stephen Henderson with the University of Oklahoma; James Grimsley …
ONG Awaits Hearing on Pipeline Explosion in Oklahoma City Residential Neighborhood
The filing has been made and now it is a matter of a hearing date to be set in the matter of the State Corporation Commission filing a complaint against Oklahoma Natural Gas nearly 9 months after three people were injured in a January pipeline explosion in Oklahoma City. The filing of the complaint was …
Montana Frac Rules Stay in Place—-Energy Companies Won’t be Forced to Reveal More Details of Chemicals
About the same time Continental Resources founder Harold Hamm told an Energy Insight conference in Pittsburgh, “Don’t call me the ‘F’ word,” fracking opponents lost a bid in Montana to force energy companies to reveal more information about their fracking chemicals. Regulators in Montana turned back the push by the environmentalists, health advocates and even …
Pipeline Builder Buys Ranch Near Site of North Dakota Protests
While Dallas-based Energy Transfer Partners has been busy fighting protesters as well as the federal government over its construction of a nearly $4 billion pipeline in North Dakota, the firm has been buying a 6,000 acre ranch near the protest sites. A report said the company confirmed the purchase but is not offering any other …
Some See a Recovery Underway for Oil and Gas
Recovery in the oil and gas sector? Some reports suggest it is happening following the past two rough years of a downturn, according to a published report in The Tulsa World. Over the weekend, the newspaper quoted some analyst and industry officials who expressed optimism in the market. “Recently, some E and P companies have …
Royalty Fights Grow for Chesapeake Energy in Pennsylvania
Chesapeake Energy’s legal fights over natural gas royalties are growing in Pennsylvania. Landowners in the state continue to complain they are being underpaid by Chesapeakie which is one of the state’s largest drillers, according to State Impact and National Public Radio. Many of the complaints come from landowners in Pennsylvania’s Bradford County where Chesapeake Energy …