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Continental Resources Announces Sale of Oil Headed to China
Calling it an “historic day” for his Continental Resources company, CEO Harold Hamm has announced the company’s first-ever sale of Bakken oil for delivery overseas. The sale of 1,005,000 of crude oil from North Dakota was sold for November delivery to Atlantic Trading and Marketing which will export it to China. In the announcement, Continental …
Cleanup Continues at Cushing Oil Spill Site
Cleanup is still underway of a nearly 16,000-gallon-oil spill after a contractor ruptured a 16-inch crude oil pipeline last week south of Cushing. The contractor had been hired by Plains All American Pipeline LP and accidentally struck a line operated by Centurion Pipeline according to an update from the Stillwater NewsPress. The incident happened Oct. 10 …
Cimarex Energy Expands STACK Efforts
Denver-based Cimarex Energy intends to stay busy in Oklahoma’s STACK after filing and receiving 9 permits to drill at one site. The 9 variations of the Vince wells, located at 26 11N 8W are about four miles west of Union City. It’s there the company will explore the Mississippian, Woodford and Hunton zones. The permits, …
Denver Federal Appeals Court Rejects Appeal in Osage County Wind Farm Fight
The Denver Federal Appeals court ruling against wind farm developers in Osage County will apparently stand. The Tenth Circuit Court rejected the appeal this week of the developers in the court’s ruling that said they should have obtained a mineral lease from the Osage Nation and the Bureau of Indian Affairs before construction of the …
New Mexico Water Lawsuit Stems from Permian Drilling Operations
Two water companies located in the Permian Basin in southeast New Mexico have filed suit against the state Land Commissioner accusing him of infringing on water rights dating back more than half a century. The lawsuit was filed by Loco Hills Water Solution and Steve Carter, Inc. against Commissioner Aubrey Dunn. They contend Dunn overstepped …
Well Explosion and Fire Close to Western Oklahoma Border
No injuries were reported in a well explosion Tuesday near the Texas Panhandle town of Glazier. The Department of Public Safety was forced to close Highway 60 for a while as the fire was allowed to burn itself out. Glazier is a community located north of Canadian, Texas. The well was leased by Overflow Energy …
Pruitt Says ‘War on Coal’ Was a Real War….Defends Move to End It
As head of the Environmental Protection Agency, former Oklahoma Attorney General Scott Pruitt’s defending his decisions in recent days to end the Obama-era ‘war on coal’ and its ‘sue and settle practice.’ Interviewed Tuesday on Fox News with Neil Cavuto, Pruitt cited the Obama administration’s ‘war on coal’ as overreach by the government, something he …
Rep. Mullin Boasts of Rollbacks Approved by Congress
Oklahoma Congressman Markwayne Mullin admits Congress did not pass health care reform, but he pointed to $50 billion in rolled-back regulations during a speech this week at a Tulsa Regional Chamber Congressional Forum. “If you look at the amount of legislation we’ve passed, it’s been one of the most productive sessions ever,” maintained Mullin, according …
Permian to Boost U.S. Oil Production in Second Half of 2017
The federal government is predicting that U.S. crude oil production will average 9.4 million barrels a day in the second half of 2017. The Energy Information Administration says that’s 340,000 barrels a day more than in the first half of the year. The EIA also believes production in 2018 will average 9.9 million barrels a …
Worker Still Missing After Oil Rig Blast in Louisiana
A worker remains missing following the Sunday night explosion at an offshore rig in Louisiana. The employee was identified as Timothy Morrison, 44 of Katy, Texas. The accident at an oil platform in Lake Pontchartrain injured seven others. The cause remains under investigation. The blast happened at the rig operated by Clovelly Oil Co. The …