February 2017 archive

Magellan Midstream Agrees to Reimbursement for Iowa Diesel Fuel Spill

Tulsa-based Magellan Midstream Partners has agreed to reimburse all local and state agencies for expenses incurred while responding to a pipeline leak last month near Hanlontown in north-central Iowa, according to a report by The Des Moines Register. OK Energy Today reported on January 26 and January 31 of this year about the spill in …

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Crude Oil Futures Remain Flat on Monday as Signs Point to Increase in Domestic Production

Domestic oil futures notched a slight gain on Monday as an uptick in U.S. production appears imminent based on a rise in last week’s active rig count, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, April WTI crude tacked on 6 cents, or 0.1%, to settle at $54.05 a barrel. On London’s ICE Futures …

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Completion Reports February 28, 2017

  BLAINE COUNTY Continental Resources Inc 12 16N 11W Donna Mae 1-13h, November 19, 2016 HH, DRY, TD: 8960 ft Lat: 35.87159, Long: -98.32958 API: 35011236630000 Continental Resources Inc Mississippian(14073): Oil 49 Gas 22161 Water 230 Flow 30 14N 13W Andersons Half 1-30-19xh, April 13, 2016 HH, GAS, TD: 24000 ft Lat: 35.65364, Long: -98.62741 …

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Permits to Drill February 28, 2017

  Blaine County HERRING #1-33 1513MH, February 27 2017 33 15N 13W SESESESW API: 01123749 Lat: 35.72592979817048, Long: -98.58890798889927 TRIUMPH ENERGY PARTNERS LLC HH, DR, 17171 ft, MISSISSIPPI(12500), WOODFORD(13200) Canadian County IRON MASK 36_25-14N-8W #1HX, August 17 2016 01 13N 8W NENWNWNW API: 01724930 Lat: 35.63787032511527, Long: -98.01045741526428 DEVON ENERGY PRODUCTION CO LP HH, AM, …

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New Mexico Considers Drone Restriction Bill

The New Mexico legislature is considering a bill to restrict drones from flying within 500 feet of power plants and refineries. The measure is to go before the Senate Public Affairs Committee this week. Senator Greg Baca’s bill would ban drones from flying with 500 feet if critical-infrastructure facilities as well as interfering with firefighters …

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Private Email for Government Business? Did Pruitt Do it?

  Scott Pruitt might have some explaining to do. During his U.S. Senate Committee confirmation hearing, he testified he used only his official email address and government issued phone to conduct official business. But that’s not what is indicated in the emails released last week in a lawsuit filed by the Center for Media and …

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Uncertainty Ahead at EPA and Its Budget

As President Trump prepares for a major shift of the government budget to shore up what many believe is an ailing military budget, former Oklahoma Attorney General and now EPA Administrator Scott Pruitt isn’t talking details of the impact on his agency. During a question-and-answer session over the weekend at the Conservative Political Action Conference, …

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Environmentalists Angry Over Trump Plans to Shift Budgets

The Trump administration’s plans to shift $54 billion from federal agencies to the Pentagon has disappointed environmentalists. Alex Taurel, deputy legislative director at the League of Conservation Voters said it will “Make America Sick Again,” using a play on Trump’s campaign slogan. She told The Hill the president’s spending plan would put “polluters first over …

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Crude Oil Futures Drop as Natural Gas Futures Posts Slight Increase on Friday

Crude oil futures ended lower Friday, as investors booked a profit after a day after a surprise reading on U.S. stockpiles helped lift the domestic crude benchmark to its highest close in more than a year and a half. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April fell 46 cents, …

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Seventy Seven Energy Moves Closer to Merger

Oklahoma City-based Seventy Seven Energy Inc., the spinoff company from Chesapeake Energy is moving closer to its announced merger with Patterson-UTI Energy Inc, of Houston. The company said it has established a record date for the special meeting of its stockholders to consider and vote upon the merger. The merger was announced in December 2016. …

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