December 22, 2016 archive

Completion Reports December 23, 2016

  ALFALFA COUNTY Sandridge Exploration & Production Llc 35 27N 11W Cherokee 2611 2-2h/11h, November 20, 2016 HH, OIL, TD: 15617 ft Lat: 36.76876, Long: -98.35390 API: 35003232600000 Sandridge Exploration & Production Llc 35 27N 11W Cherokee 2611 1-2h/11h, November 20, 2016 HH, OIL, TD: 15829 ft Lat: 36.76876, Long: -98.35397 API: 35003232590000 BEAVER COUNTY …

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Permits to Drill December 23, 2016

  Coal County JOLENE #4-26HR, December 22 2016 23 2N 11E NESWSESE API: 02921349 Lat: 34.623413883217005, Long: -96.1126091978249 BP AMERICA PRODUCTION COMPANY HH, DR, 16750 ft, WOODFORD(11347) Ellis County ROADRUNNER #4-34H, December 22 2016 03 16N 24W NWNWNENW API: 04523628 Lat: 35.89687845159277, Long: -99.73942925753836 DUNCAN OIL PROPERTIES INC HH, DR, 14654 ft, CLEVELAND(9808) Hughes County …

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Keeping an Eye on How the Government’s Wasting Our Money

He didn’t find any wasteful spending directly related to energy, but Oklahoma Congressman Steve Russell’s Christmas Edition of Waste Watch reveals plenty of startling example of how federal money is going down the drain. But in the area of transportation, the Republican Representative cited the case of the National Institutes of Health spending nearly $50,000 …

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Nation’s Ethanol Production Drops

Figures from the federal government show ethanol production dropped about 4,000 barrels a day this week from last week’s record high. The Energy Information Administration says production averaged 1.036 million barrels a day which translated into 43.51 million gallons daily. Stocks stood at 19.1 million barrels which is a drop of 0.1% from a week …

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Governor Points to Pruitt’s Work in Historic Water Bill

Even as he has been nominated by Donald Trump to become the next director of the U.S.Environmental Protection Agency, Attorney General Scott Pruitt is being praised for the work he did in getting an historic water agreement signed and passed by congress. While environmentalists are attacking Pruitt and saying his appointment will be like putting …

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Oklahoma Still Has Cheapest Gasoline Prices Going into Christmas Weekend

As we head into the Christmas weekend, drivers are finding Oklahoma gasoline prices are still the lowest in the country. The state’s $2.02 average is tied with Arkansas for having the cheapest gasoline, according to this week’s release from AAA Oklahoma. “Our Oklahoma average today of $2.02 per gallon for self-serve regular is 17 cents …

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Quake Rattles Central Oklahoma

  The same week that Oklahoma regulators announced new earthquake rules stemming from growing fracking operations in the state’s two big oil plays, the STACK and the SCOOP, central Oklahoma experienced a 3.2 magnitude quake Thursday morning. The U.S. Geological Survey recorded the earthquake at 8:21 a.m. with an epicenter about 4 miles east-northeast of …

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EPA Uses Court Motion to Poke Scott Pruitt’s Nomination

In fighting a lawsuit filed by Oklahoma Attorney General Scott Pruitt and attorneys general from other states, the EPA this week took time to poke Pruitt’s nomination to be the new EPA director and also blast the other states for requesting a delay in their suit. The states asked the federal courts in Washington, D.C. …

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Crude Oil Settlements Freefall on Wednesday After EIA Reports Sharp Rise in Inventories

Crude oil prices plunged on Wednesday after conflicting stockpile reports and an unexpected rise in crude oil supplies shook the confidence of analysts and traders, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude fell 81 cents, or 1.5%, to settle at $52.49 a barrel. Meanwhile, February Brent crude, …

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