February 23, 2017 archive

Wagoner County Natural Gas Explosion Leaves Four Hospitalized

At least four injuries – three in critical condition — were reported when a Wagoner County natural gas well exploded on Thursday afternoon. The incident occurred near 720 Road and County Road 220, about a mile north of Highway 51 as a utility company was using a track hoe to move a private gas line. …

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Crude Oil Futures Continue to Surge Thursday Based on Favorable Inventory Data

Posting its highest close since July of 2015, the WTI and Brent crude posted gains on Thursday as they were buoyed by a smaller-than-expected rise in inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, West Texas Intermediate futures climbed 86 cents, or 1.6%, to settle at $54.45 a barrel. On the London …

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Completion Reports February 24, 2017

  CREEK COUNTY Hall Greg Oil & Gas Llc 5 19N 8E Davidson-johnson 1, August 16, 2016 SH, DRY, TD: 2000 ft Lat: 36.15100, Long: -96.48453 API: 35037390910001 Hall Greg Oil & Gas Llc 5 19N 8E Davidson-johnson 1, August 16, 2016 SH, DRY, TD: 2000 ft Lat: 36.15100, Long: -96.48453 API: 35037390910001 HUGHES COUNTY …

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Permits to Drill February 24, 2017

  Blaine County BONSAI 32_29-15N-12W #1HX, February 23 2017 32 15N 12W SESWSWSW API: 01123748 Lat: 35.72590528604879, Long: -98.50628510771608 DEVON ENERGY PRODUCTION CO LP HH, DR, 22450 ft, MISSISSIPPIAN(11220) Blaine County TRES C FIU #1-35-2XH, February 23 2017 35 15N 13W NWNENENE API: 01123747 Lat: 35.73898532252748, Long: -98.54463750444401 CONTINENTAL RESOURCES INC HH, DR, 22448 ft, …

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Former EPA Administrator Sees Nothing Wrong with Pruitt’s Communications with Oil and Gas Industry

Former EPA Administrator Christine Todd Whitman sees nothing wrong with the communications Scott Pruitt had with oil and gas companies while he was attorney general in Oklahoma. It’s what she said in an interview this week with MSNBC following the release of more than 7,000 communications turned over by the Attorney General’s office to the …

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SandRidge Prepares for Exploration Expansion After $334 million 4th quarter loss

  Fresh out of bankruptcy and shedding $3.7 billion in debt, Oklahoma City-based SandRidge Energy still faces a significant challenge. Its fourth-quarter earnings report showed a net loss of $334 million which translates into a loss of $17.61 a share. In the fourth quarter of 2015, the company suffered losses of $665 million or $1.13 …

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Two New Board Members at OERB

The Oklahoma Energy Resources Board announced the addition of two new board members. David S. Ferris of Devon Energy and David Sikes of Jeroco Inc. were named to the board. Ferris is the Development Manager of the Anadarko Basin Business Unit for Devon Energy Inc. He leads the integrated planning team in the strategic planning, …

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State House to Vote on Anti-Protest Bill Sparked by Dakota Access Opposition

Those Native American tribes and the Sierra Club threatening to create a possible encampment protesting construction of a Cushing to Memphis oil pipeline will have a new possible consideration courtesy of the Oklahoma legislature. The encampment would be similar to the one in North Dakota where protesters have fought construction of the Dakota Access pipeline. …

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House to Consider Elimination of Wind Tax Credit Bills

“They knew this day was coming.”   The effort of some critics in the legislature to eliminate or trim the wind industry tax credits will go before a House committee next week. Two such bills have been reassigned to the House Appropriations Committee. One of the measures, HB 2246, by Rep. David Brumbaugh start trimming …

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