August 23, 2017 archive

Oil Futures Post Modest Gain on Wednesday

Oil futures produced a slight gain on Wednesday as government data reports showed a drawdown in crude supplies, according to Bloomberg MarketWatch. October West Texas Intermediate crude tacked on 58 cents, or 1.2%, to settle at $48.41 a barrel on the New York Mercantile Exchange. October Brent crude, the global benchmark, rose 70 cents, or 1.4%, to …

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Permits to Drill August 24, 2017

  Atoka County TIP #1H-8X, August 23 2017 08 2N 12E NWNENENW API: 00520464 Lat: 34.66494595445193, Long: -96.06793769425333 NEWFIELD EXPLORATION MID-CON INC HH, DR, 22251 ft, MISSISSIPPIAN(11476), WOODFORD(11868) Blaine County LENARD TRUST #1-18-19XH, August 23 2017 18 15N 12W NENWNWNE API: 01123847 Lat: 35.782614271092825, Long: -98.51545716154067 CONTINENTAL RESOURCES INC HH, DR, 22151 ft, MISSISSIPPI LIME(11830), MISSISSIPPIAN(12046) Canadian …

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Completion Reports August 24, 2017

  BLAINE COUNTY Continental Resources Inc Mississippian(10393): Oil 914 Gas 5107 Water 1125 Flow 16 15N 12W Moons Half 1-16h, May 22, 2017 HH, OIL, TD: 15719 ft Lat: 35.78231, Long: -98.47392 API: 35011237430000 Marathon Oil Company Mississippian(11694): Oil 298 Gas 11712 Water 1894 Flow 31 15N 11W Alta Bia 1511 1-6-31mxh, May 29, 2017 HH, GAS, TD: 19194 ft Lat: 35.73907, Long: -98.40305 API: 35011236890000 CANADIAN …

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AAA Says a New Car Will Cost Nearly $8,500 a Year to Operate

Thinking of buying a new car this year?  AAA Oklahoma says you better consider in the operating cost of $8,469 a year or $706 a month. The findings are in a new study by the American Automobile association which determined small sedans are the least expensive to drive and pickup trucks are the most expensive—-no …

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Indonesia Reaches Out to Oklahoma for Business Relationships

The Oklahoma Commerce Department suggests oil and gas industry representatives in the state might be interested in a coming event featuring the Consulate General of the Republic of Indonesia. The Indonesia-Oklahoma Business forum will be held Aug. 29 at the Skirvin Hilton hotel in downtown Oklahoma City. It will begin at 10 a.m. and continue …

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Dallas Company Sues Greenpeace Over “Eco-Terrorism” at Dakota Access Pipeline

Dallas-based Energy Transfer Partners has gone to court against Greenpeace and other environmental groups, accusing them of being “eco terrorists” in their fight against the company’s Dakota Access Pipeline. The company filed a racketeering lawsuit in federal court in North Dakota on Tuesday claiming the groups caused “billions of dollars in damage” through “criminal activity …

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Appeals Court Blocks FERC Approval of Florida Gas Line

A federal appeals court has ordered the Federal Energy Regulatory Commission to review its decision to approve the Sabal Trail natural gas pipeline in Florida. It’s a ruling that could affect major energy projects across the nation. The ruling by the U.S. Court of Appeals for the District of Columbia was a victory for the …

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Senators Want Return to Line-Item Budgeting in State Legislature

Four Republican State Senators think all legislators should be directly involved in the creation of a state budget and they intend to file a bill changing the budget process. Whether it’s drawing up a bill on gross production taxes or funding state energy agencies, the senators say their intent is to increase transparency and accountability …

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Storms Dumped Heavy Rains and Lightning Strikes

The Tuesday afternoon thunderstorms that dumped rain across the state might have produced a small tornado near Mulhall but also resulted in lightning strikes that destroyed one oil tank battery and a massive home in Norman. One tank was destroyed and a second was burning when Oklahoma City firefighters arrived at the scene of the …

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Oklahoma Schools Ranked Poorly by Sierra Club

The Sierra Club is out with its annual list of colleges doing their part in encouragement of sustainability and renewable energy and sorry to say, schools in Oklahoma didn’t fare well. Of 239 schools that submitted information about their “green higher-ed” efforts, Oklahoma State University was ranked 162nd. The University of Oklahoma didn’t make the …

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