Tag: Oklahoma

Natural gas power generation share grew for decade in Southern states  as coal declined

Natural gas power generation share grew for decade in Southern states as coal declined

 Texas and Oklahoma in region with some of country’s best wind resources Coal’s share of total electricity generation in the South declined over the past decade, from 50 per cent in 2006 to 29 per cent in 2016, according to the U.S. Energy Information Administration.As the use of coal has declined, the use of natural gas […]

By December 5, 2017 0 Comments Read More →
Oil, gas production in Texas and Oklahoma’s Anadarko region growing

Oil, gas production in Texas and Oklahoma’s Anadarko region growing

Forecast production in Anadarko to grow to 500,000 b/d by end of 2018 The Anadarko Region, which was recently added to EIA’s Drilling Productivity Report (DPR), accounted for 437,000 b/d of oil production and 4.9 Bcf/d of natural gas production in July 2017, according to the U.S. Energy Information Administration. Production in the region has increased in 2017, and […]

By August 29, 2017 0 Comments Read More →
Oklahoma STACK break-even costs under $30/b, closing in on vaunted Permian – IHS Markit

Oklahoma STACK break-even costs under $30/b, closing in on vaunted Permian – IHS Markit

Peak per-lateral foot productivity in the STACK closing in on Permian Despite the fact that the Oklahoma STACK oil and gas play is still evolving and its total potential is undetermined, evidence thus far indicates the play is delivering impressive results, leading operators to commit significant 2017 CAPEX to its development, according to new analysis […]

By August 18, 2017 0 Comments Read More →
Oklahoma earthquake trends likely tied to wastewater injection

Oklahoma earthquake trends likely tied to wastewater injection

2017 forecasted seismic rates still significantly elevated compared with pre-2009 levels According to the U.S. Geological Survey (USGS), the number of earthquakes east of the Rocky Mountains has increased dramatically since 2009, according to the U.S. Energy Information Administration. More earthquakes in these areas have coincided with the increase in oil and natural gas production […]

New pipeline infrastructure should accommodate rise in Permian oil production

New pipeline infrastructure should accommodate rise in Permian oil production

After 2017, several new pipelines and expansions planned that could carry additional increases in Permian production As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline infrastructure has also increased to deliver this crude oil to demand centers on the US Gulf Coast, according to the US […]

Judge dismisses Sierra Club lawsuit to shut down Oklahoma wastewater injection

Judge dismisses Sierra Club lawsuit to shut down Oklahoma wastewater injection

Oklahoma regulator already taking actions requested by Sierra Club By Seth Whitehead, EnergyInDepth A federal judge this week dealt a major blow to the Sierra Club’s efforts to use a backdoor tactic as a means to ban wastewater injection in Oklahoma. U.S. District Court Judge Stephen Friot on Tuesday dismissed a Sierra Club lawsuit that […]

TransCanada to develop 6.2 million barrel crude oil storage facility in Cushing, Oklahoma

TransCanada to develop 6.2 million barrel crude oil storage facility in Cushing, Oklahoma

New crude oil storage will be owned by M2 Infrastructure and operated by TransCanada M2 Infrastructure LLC announced today it entered into a memorandum of understanding with TransCanada Corporation to construct a 6.2 million barrels of new crude oil storage at TransCanada’s terminal in Cushing, Oklahoma, according to a press release. Cushing is the most active […]

More Oklahoma earthquakes linked to wastewater wells in 2017 – USGS

More Oklahoma earthquakes linked to wastewater wells in 2017 – USGS

Oklahoma earthquakes induced by industry reduced in 2016, but largest quake recorded last year Some areas in southern Kansas and Oklahoma are likely to experience damaging earthquakes due to oil industry activity in 2017, according to the United States Geological Survey. The USGS has created maps that identify ground-shaking hazards in 2017 caused by human […]

Marathon Oil beats estimates, doubles 2017 capital budget

Marathon Oil beats estimates, doubles 2017 capital budget

Marathon Oil ramping up Oklahoma, Bakken activity Feb 15 (Reuters) – Marathon Oil Corp, a U.S. shale exploration company, on Wednesday doubled its projected capital spending for the full year, as crude prices stabilize following a two-year rout. The company, which reported a smaller-than-expected wider fourth-quarter loss on Wednesday, expects to spend more as it […]

By February 16, 2017 0 Comments Read More →
New Oklahoma fracking guidelines aim to reduce quake risk

New Oklahoma fracking guidelines aim to reduce quake risk

Oklahoma fracking guidelines aimed at SCOOP, STACK formations By Liz Hampton HOUSTON, Dec 20 (Reuters) – New Oklahoma fracking guidelines are being imposed to reduce the risk of earthquakes caused by hydraulic fracturing in its oil-rich shale formations, the first rules in the state to target the controversial production technique. The guidelines are aimed at the […]

By December 20, 2016 0 Comments Read More →