October 2016 archive

North Dakota Pipeline Protests Get Support of Oklahoma Native Americans

One of those who ended up behind bars during last week’s Native American-led protests of the Dakota Access Pipeline in North Dakota was Oklahoma Caddo Nation chairwoman Tamara Francis-Fourkiller. She was said by family members to be visiting the Standing Rock Sioux to advise them during negotiations with the construction team building the $3.8 billion …

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Williams Companies Reported 3Q Net Income of $61 million

Tulsa-based Williams Companies Inc. is reporting a third quarter 2016 net income of $61 million while its third quarter adjusted earnings totaled $1.1 billion. The adjusted earnings totaled $1.192 billion, an increase of 8% or $89 million from a year earlier, according to a filing the company made early Monday with the Securities and Exchange …

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$30 billion Merger of GE and Baker Hughes Creates New Industrial Services Company

General Electric, the company that recently formally opened its new oil and gas energy research site in Oklahoma City has reached a nearly $30 billion deal to combine its oil and gas business with Baker Hughes Inc. The “New” Baker Hughes will be a leading equipment, technology and services provide in the oil and gas industry …

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Williams’ Armstrong Named 2016 Headliner by Tulsa Press Club

Alan Armstrong, President and CEO of the Williams Companies, was honored on Wednesday by the Tulsa Press Club as one of its 2016 Headliners Club inductees. The Headliner awards recognize outstanding civic, business, professional and industry leaders of the Tulsa community. This is the 60th year of the awards. Since 1956, many of Tulsa’s oil …

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Williams Defers Atlantic Sunrise Full In-Service Date to Mid-2018

Tulsa-based Williams Partners L.P. announced Friday that it will extend the targeted full in-service date for its Atlantic Sunrise expansion project to mid-2018, according to a company press release. The partnership expects to begin a portion of its service during the second half of 2017. The revision is due to a recently updated schedule of …

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Crude Oil Settles Below $50 on Friday

Oil futures settled lower on Friday, prior to the widely anticipated OPEC meeting in Vienna, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell $1.02, or 2.1%, to settle at $48.70 a barrel. For the week, WTI finished down by nearly 4.2%. Futures are up about 1% for the …

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Completion Reports October 31, 2016

CANADIAN COUNTY Sand Point Production Inc Oswego: 10 13N 8W Enlow 3-10, September 01, 2016 SH, DRY, TD: 9475 ft Lat: 35.61122, Long: -98.04147 API: 35017236690001 WOODWARD COUNTY Red Mountain Operating Llc Miss’an (ex Chester): Oil 161 Gas 1390 Water 3852 Flow 26 20N 18W Moss 2018 1h-23, September 19, 2016 HH, OIL, TD: 16037 …

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Permits to Drill October 31, 2016

  Blaine County HR POTTER 1511 #1-3-34MXH, October 28 2016 03 15N 11W SWSWSWSW API: 01123675 Lat: 35.79819000256767, Long: -98.36562487588044 MARATHON OIL COMPANY HH, DR, 21362 ft, MISSISSIPPI(9889) Blaine County MOLLY GRACE 36_25-17N-11W #1HX, October 27 2016 36 17N 11W SESWSWSW API: 01123674 Lat: 35.89924235657144, Long: -98.33290573167935 DEVON ENERGY PRODUCTION CO LP HH, DR, 20036 …

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Oklahoma Stays Steady while Nation’s Rig Count Increases Slightly

The latest oil and gas rig count from Baker Hughes shows the national count increased by four in the past while the number in Oklahoma remained the same as last week. Oklahoma’s count stayed at 73 while the national count added up to 557 active oil and gas rigs. That’s a decline of two oil …

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Morrissette’s Next Earthquake News Conference to Feature Those with Earthquake Damage

State Rep. Richard Morrissette, a critic of the state’s handling of how to respond to the growth in earthquakes in Oklahoma plans another news conference in the coming days. The Democrat from Oklahoma City plans a news conference Nov. 2 at 11a.m. at the state capitol. The announcement said it will be held “to hear …

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