ALFALFA COUNTY Sandridge Exploration & Production Llc 27 27N 11W Presley Swd 1-27, May 12, 2016 SH, DISP, TD: 7464 ft Lat: 36.78338, Long: -98.36724 API: 35003221630003 DEWEY COUNTY Jma Energy Company Llc Douglas(7097): Oil 2 Gas 22 Flow 30 17N 17W Collier Farms 1-30, June 27, 2016 SH, OIL, TD: 7650 ft Lat: 35.92300, …
August 9, 2016 archive
Permits to Drill August 10, 2016
Grady County VINSON #3-22X27H, August 08 2016 15 3N 5W SWSESWSW API: 05124058 Lat: 34.7254450953364, Long: -97.71837898627595 VITRUVIAN II WOODFORD LLC HH, DR, 26260 ft, SYCAMORE(15014), WOODFORD(15210), HUNTON(15455) Grady County STRASSLE #1-28-33XH, August 09 2016 21 7N 5W NWSESWSW API: 05124059 Lat: 35.06030330307087, Long: -97.73807225648864 CONTINENTAL RESOURCES INC HH, DR, 21375 ft, SPRINGER(10816), MISSISSIPPIAN(11184) Grady …
STACK Draws Attention From More Texas Energy Producers
Two more Texas energy firms think Oklahoma’s STACK is such a hot prospect, they’ve formed a joint venture to begin exploration there. Houston-based midstream companies Plains All American Pipeline LP and Phillips 66 Partners LP have joined forces, with Phillips 66 Partners kicking in $50 million in cash for its 50 percent interest in the …
Denver Energy Firm Makes $980 Million Purchase in Midland Basin
More property in west Texas is exchanging hands among energy companies as Denver-based SM Energy announced this week its purchase of 46,750 net acres in the Midland Basin. The company said the $980 million purchase includes nearly 4,900 BOEPD of production, two new wells coming online this month and 6 MMBOE of PDP reserves from …
Arkansas Oklahoma Gas Corporation Sold
The dollar amount wasn’t disclosed but Summit Utilities, a privately held holding company is becoming the new owner of the Arkansas Oklahoma Gas Corporation. Summit operates natural gas distribution subsidiaries in Colorado, Missouri and Maine and will soon take over the serving of nearly 60,000 natural gas utility customers in Oklahoma and Arkansas, according to …
Tulsa Firm One of Buyers of Newfield Energy’s Texas Holdings
More details are coming out about Newfield Exploration Company’s decision to unload all of its Texas assets so it can focus strongly on Oklahoma’s rich STACK play. Turns out one of the buyers of Newfield’s unconventional assets in the Eagle Ford Shale is Tulsa-based Protégé Energy, a firm founded just 12 years ago by former …
Counting Underway on Two Anti-Fracking Petitions in Colorado
Opponents of fracking in Colorado have submitted two anti-fracking amendments to state officials, promising they raised at least 100,000 signatures to get them on the November ballot. Each must have 98,492 valid signatures and Lauren Petrie, Rocky Mountain director of the green group Food and Water Watch says they have them. “This is a significant …
Seventy Seven Energy Emerges From Bankruptcy and Reports 2nd Q Loss
A week after emerging from Chapter 11 bankruptcy, Oklahoma City-based Seventy Seven Energy Inc. reported a second quarter net loss of $84.5 million and total revenues of $138.1 million. The total revenue represented an eleven percent drop compared to the $155.4 million in revenues in the first quarter of 2016. It is also a 53 …
Gasoline Prices Bounce Up and Reach $1.97 Average in Oklahoma
Gasoline prices have bounced back upward a few more cents in Oklahoma, raising the state’s average this week to $1.97 a gallon, an increase of four and a half cents over the past week, according to AAA Oklahoma. Lawton has the lowest average at $1.90, an increase of 4 cents over the last several days. …
Jericho Announces $4 Million Acquisition in Northern Oklahoma
Vancouver-based Jericho Oil Corporation announced its joint venture affiliate, Eagle Road Oil, LLC, has signed an agreement to acquire operated and non-operated producing wells and drillable leaseholds in central Oklahoma for a cash consideration of $3.951 million, according to a company press release. Jericho will receive a cash consideration of $1.975 million. The agreement is …
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