Oil futures settled higher on Monday as Libya’s largest oil field was obstructed and concerns remains over global discord impacting crude oil supplies, according to Bloomberg MarketWatch. May West Texas Intermediate crude added 84 cents, or 1.6%, to settle at $53.08 a barrel on the New York Mercantile Exchange. June Brent crude, the global benchmark, tacked …
April 10, 2017 archive
Completion Reports April 11, 2017
BLAINE COUNTY Continental Resources Inc Mississippian(9613): Oil 1126 Gas 4688 Water 286 Flow 8 16N 12W Herod Fiu 1-8-5xh, December 22, 2016 HH, OIL, TD: 20494 ft Lat: 35.87093, Long: -98.49605 API: 35011236360000 Newfield Exploration Mid-con Inc Mississippian(ex Chester): Oil 569 Gas 1621 Water 681 Flow 5 15N 10W Dorothy 2h-32lm, December 06, 2016 …
Permits to Drill April 11, 2017
Canadian County BARLOW 1305 #1-18MH, December 19 2016 19 13N 5W NENWNENE API: 01724963 Lat: 35.59402660362512, Long: -97.76520265989652 MARATHON OIL COMPANY HH, AM, 13089 ft, MISSISSIPPIAN(7744) Canadian County COWBOY #1H-27-22, April 10 2017 34 11N 7W NENENENW API: 01724994 Lat: 35.390882375780684, Long: -97.92894233008238 CITIZEN ENERGY II LLC HH, DR, 21500 ft, MISSISSIPPIAN(10350), WOODFORD(10600) Kay …
Gasoline Prices Jump in Oklahoma—-Could Go Higher
Gasoline prices are up again in Oklahoma, reaching a new statewide average of $2.15 a gallon, according to the latest price report from AAA Oklahoma. It’s a 9-cent jump compared to one week ago when the average was $2.06. “There are a lot of things putting upward pressure on oil and gas prices,” said …
State Dependent on “Capricious Whims” of Energy Industry
Guthrie Rep Jason Murphey is fighting a new “services” tax by suggesting its proponents are all too eager to have the state continue to be dependent on what he calls the “capricious whims” of the energy sector. Writing in the McCarville Report, the legislator put it this way, “If I were a sneaky out-of-state resident …
Caution Urged in Fence Line Repairs in Wildfire Zones
As farmers and ranchers in northwest Oklahoma work to replace miles and miles of destroyed fence posts from the deadly and disastrous wildfires in March, they are being urged to use caution because of the buried oil and natural gas pipelines. As one drives along the highways near Buffalo, workers are still busy replacing burned …
Keystone XL Opponents in Nebraska Step Up Their Fight
Observers of the fights by environmentalists against corporate energy projects are putting their money on the Keystone XL pipeline project in Nebraska as the site of the next messy protest. With the protesters gone from the site of the last work at the Dakota Access Pipeline in North Dakota, the focus is turning toward TransCanada’s …
Pruitt Hit with FOIA Ethics Request from California Democratic AG
Not just Democrats in the U.S. Senate are bombarding EPA Administrator Scott Pruitt with requests, but so is California Attorney General Xavier Becerra. He is the latest to demand copies of emails and virtually every communication Pruitt has made but this time, the request focuses on ethics issues. Becerra’s request is a formal Freedom of …
Democrats Demand More Answers from Pruitt at EPA
Democrats in the U.S. Senate are still fighting EPA Administrator Scott Pruitt over the move to eliminate the Obama administration’s Clean Power Plan, sending him a letter demanding answers to what his plans are to replace it. Twenty-three Democrats sent him a recent letter with eight questions about his future plans to replace the Clean …
Can New Oil and Gas Group Convince Legislature to Make Tax Changes?
A week after rallying at the state capitol, members of the newly-formed oil and gas group fighting to have the state apply the 7 percent gross production tax to all wells have to wonder about their prospects of convincing the legislature. Obviously there was a great deal of optimism on the day the Oklahoma Energy …