April 13, 2017 archive

WTI and Natural Gas Post Slight Gains on Thursday

  Oil prices posted a slight gain Thursday as traders looked for signs of a balance between supply and demand, according to Bloomberg MarketWatch. May West Texas Intermediate crude oil rose 7 cents, or 0.1%, to settle at $53.18 a barrel on the New York Mercantile Exchange. Data from the Energy Information Administration this week …

Continue reading »

Completion Reports April 14, 2017

  BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian (ex Chester): Oil 291 Gas 1130 Water 546 Flow 32 16N 10W Dorothy 4h-32lm, December 08, 2016 HH, OIL, TD: 15915 ft Lat: 35.81235, Long: -98.28980 API: 35011236290000 Newfield Exploration Mid-con Inc Mississippian (ex Chester): Oil 407 Gas 1449 Water 501 Flow 32 16N 10W Dorothy 5h-32um, …

Continue reading »

Permits to Drill April 14, 2017

  Blaine County WEST BLAINE #1-1 SWD, April 13 2017 01 14N 13W NENWNWSW API: 01123780 Lat: 35.71729700892079, Long: -98.54226607268481 CONTINENTAL RESOURCES INC SH, DR, 8300 ft, DOUGLAS(7450) Blaine County PERINE BIA #1H-3229X, April 13 2017 32 16N 12W SESWSWSW API: 01123779 Lat: 35.81278130080703, Long: -98.50689104277757 CIMAREX ENERGY CO HH, DR, 21328 ft, MISSISSIPPI(11040), MISSISSIPPI …

Continue reading »

State House Committee Approves Controversial Science Education Bill

An education bill that attracted national attention and opposition from environmentalists and science groups was passed Thursday out of an Oklahoma House committee and sent to the full House. SB 393 is one that opponents contend will remove local control of what is taught in classrooms, especially science classes where politics could enter a discussion …

Continue reading »

State Senate to get Corporation Commission Task Force Bill

The State Senate is the next stop for a bill creating a task force to study the effectiveness of the Oklahoma Corporation Commission. House Bill 1377, already passed in the State House won approval in a Senate Committee. As OK Energy Today reported last month, the House gave unanimous approval to the bill that would …

Continue reading »

State Auditor Says Every Tax Credit Review Should be Public

In making a call this week for a 5% gross production tax on oil and gas and wind, State Auditor Gary Jones also said the law should include more transparency. He says every tax credit issued by the state should under what he calls a “legitimacy review” to ensure each is worthy of taxpayer dollars. …

Continue reading »