Despite huge success in Oklahoma’s STACK play, Texas-based Newfield Exploration Co. reported a second quarter loss of $667 million. And a day after the report of losses, the company announced the sale of all of its assets in Texas so it can speed up drilling in Kingfisher, Blaine and Canadian counties in northwest Oklahoma.. The …
Vandals thought to be environmental activists are suspected of damaging three oil pipeline construction sites in central Iowa. It occurred at the Dakota Access pipeline and Jasper County Sheriff John Hafferty says there’s little doubt the fires were intentionally set. He estimated damage to a bulldozer and other large-tracked equipment at $1 million. It was early …
Despite taking a substantial second quarter loss, Devon Energy Corporation raised its full-year guidance due to asset sales, cost reductions and better-than-expected production. On Tuesday, the Oklahoma City-based independent oil and natural gas exploration and production company reported a second quarter net loss of $1.6 billion or $3.04 a share, up from a loss of …
Crude oil futures settled below $40 a barrel on Wednesday for the first time since early April, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, the September West Texas Intermediate crude oil contract traded higher at $40.91 a barrel earlier in the day but fell 55 cents, or 1.4%, to settle …
ONEOK Inc. on Tuesday reported profits of $85.9 million for the second quarter, or 40 cents a share, up 12 percent compared to $76.5 million, or 36 cents a share earned for the same period a year ago. The company’s master limited partnership, ONEOK Partners LP, reported second quarter earnings of nearly $261.5 million, or …
CADDO COUNTY Harmon C E Oil Inc Melton(5830): Oil 1 Gas 113 Water 15 Pump 13 5N 9W School Land A 1, March 11, 2016 SH, GAS, TD: 6916 ft Lat: 34.91143, Long: -98.10370 API: 35015373050002 CANADIAN COUNTY Devon Energy Production Co Lp Mississippian(9035): Oil 534 Gas 1030 Water 1484 Flow 12 14N 8W Simba …
Ellis County NIGHTENGALE 8 #11HX, August 02 2016 17 20N 26W SWSESENE API: 04523620 Lat: 36.21026499303161, Long: -99.9905643728172 JONES ENERGY LLC HH, DR, 15274 ft, CLEVELAND(8050) Kingfisher County VADDER 18-05-23 #1H, August 02 2016 23 18N 5W SESESESW API: 07325347 Lat: 36.01526271335817, Long: -97.70306391136388 STAGHORN PETROLEUM LLC HH, DR, 12200 ft, MISS’AN (EX CHESTER)(6320) Major …
Energy facts for consideration in Oklahoma. The average price for oil in Oklahoma in June was $44.94. Two years ago, it was $101.29 a barrel, according to a monthly report issued by the Oklahoma Corporation Commission on oil and gas activity. The nearly $45 average for June 2016 compares to $55.99 a barrel in June of …
Just as city leaders in Albuquerque, New Mexico anticipated work to begin this week on a new Rapid Transit system, business owners went to court and the Denver federal appeals court halted the project. Business owners cried foul over what the Albuquerque Rapid Transit or ART would do to the character of Route 66, the …
As the commission tasked with reviewing some of the tax credit programs in Oklahoma meets Wednesday, Oklahoma’s Director of the Office of Management and Enterprise Services says the commission is already on track to do a good and effective job. Writing in this month’s Oklahoma Economic Report, issued through the state Treasurer’s office, Preston Doerflinger …
