Colorado petition drive for increased oil and gas drilling setbacks heads to ballot

Voters in Colorado will have a choice in whether new setbacks for new oil and gas drilling will be approved in the state or not. The Colorado Secretary of State’s office on Wednesday certified the petitions presented by environmentalists and organizers of Initiative 97. The petition supporters presented 172,834 signatures and an estimated 123,195 were …

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How will more Iraqi oil affect Oklahoma producers?

When President Obama cut his deal with Iran, Oklahoma oil producers feared an increase of oil from the country would harm the price of oil. Now Iraq is wanting to increase crude exports. But Iraq is considered an ally of the U.S. Still, the country wants to up the amount of oil it sells to …

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PSO hands out more science and technology funds to high schools

FFA students in Calvin and Stuart will soon have robots and new lab kits to help introduce elementary, middle and secondary school students to STEM (Science, Technology, Engineering and Math) education and careers after being named recipients of a $5,000 grant from Public Service Company of Oklahoma (PSO) and the American Electric Power (AEP) Foundation. …

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Cheniere awaits go-ahead for $1 billion Oklahoma pipeline

Work could begin soon on a $1 billion, 200-mile-pipeline that will carry natural gas out of Oklahoma’s STACK and SCOOP plays. Cheniere Energy Inc., based in Houston recently won approval for the Midship Pipeline from the Federal Energy Regulatory commission. The pipeline will carry natural gas from Kingfisher County southeast to Bryan County where it …

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Halliburton sets date for 3Q financial release

Halliburton’s already making plans for its third quarter 2018 financial results. The Houston company plans to release the results before the open of markets on the morning of Monday, October 22, 2018. It will follow the release with a conference call starting at 8 a.m. central time.  

Continental Resources hits large wells in STACK and SCOOP

Completion reports released this week show Oklahoma City’s Continental Resources bringing in some large wells in the STACK and SCOOP plays. A Blaine county well in the STACK produced 2,004 barrels of oil a day along with 9,579 Mcf of gas. The Lugene 1-33xh is located about 2 miles south of the junction of highways …

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Pipeline system sold in Wyoming’s Powder River Basin

With operations in Texas, Arkansas, Louisiana and Wyoming, Houston’s Genesis Energy L.P. is selling its Powder river Basin Midstream Assets in a $300 million cash deal. An affiliate of Silver Creek Midstream, LLC exercised the option to acquire the assets in a region where several Oklahoma energy producers are active. Genesis intends to use the …

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Oklahoma energy industry expansion continues

The expansion of Oklahoma’s oil and natural gas industry continues and the economist who compiles the Oklahoma Energy Index says industry growth and its impact on the state economy are expected to continue through the end of the year. The most recent energy index saw an increase of less than 1 percent, with half of …

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End of contract with OGE could mean an end soon for AES Shady Point plant in Le Flore County

The shutdown of the AES Shady Point coal-fired electrical generation plant in eastern Oklahoma’s Le Flore county could come as soon as January. That’s according to Lundy Kiger, AES Shady Point’s vice president who responded after the company received notification from Oklahoma Gas and Electric this month it will not do a five-year extension of …

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Marathon Oil finds 1,000 barrel a day well in Blaine County

Oklahoma’s STACK continues to produce large wells. Houston’s Marathon Oil Company reports completing a well in Blaine County that produced more than  1,000 barrels of oil a day. The J and M BIA 1510 1-30MH, located about 5 miles northeast of the community of Greenfield (30 15N 10W_) had a November 2017 spud date. Its …

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