Oil futures settled at their highest level in a week on Wednesday following a volatile session, as Donald Trump claimed victory in an astonishing U.S. presidential election, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude rose 29 cents, or 0.6%, to settle at $45.27 a barrel, the highest finish …
November 9, 2016 archive
Completion Reports November 10, 2016
BLAINE COUNTY Carrera Energy Llc Mississippian: Oil 93 Gas 2713 Water 2653 Flow 34 19N 12W Heath 3-1h, August 26, 2016 HH, GAS, TD: 14091 ft Lat: 36.07247, Long: -98.46923 API: 35011236130000 CREEK COUNTY Gibson Les Prue: Oil 12 Gas 45 Water 75 Pump 2 14N 7E Emerald 3, September 22, 2016 SH, OIL, …
Permits to Drill November 10, 2016
Blaine County SIDEWINDER 33-17N-10W #1H, November 09 2016 05 16N 10W NENENENE API: 01123683 Lat: 35.89787425636872, Long: -98.27926019144104 DEVON ENERGY PRODUCTION CO LP HH, DR, 14879 ft, MISSISSIPPIAN(8689), WOODFORD(10089) Custer County CONKLING FIU #1-32-5XH, November 09 2016 32 15N 14W NWNWNWNE API: 03922490 Lat: 35.73892196377517, Long: -98.71133353170777 CONTINENTAL RESOURCES INC HH, DR, 24751 ft, WOODFORD(15044) …
SandRidge Issues 3rd Quarter Report……calls 2016 a “watershed” year for the company
After coming out of bankruptcy and unloading $3.7 billion in debt, SandRidge Energy reported third quarter earnings and activities this week, James Bennett, SandRidge President and CEO said the company had only one drilling rig active in Oklahoma during the quarter and one for part of the quarter in the North Park Basin of Colorado. …
State Insurance Representatives to be in Cushing Next Week to Offer Earthquake Insurance Help
The Cushing earthquake has prompted State Insurance Commissioner John Doak to offer earthquake insurance help beginning Monday. He and his aides will be in Cushing at the Chamber of Commerce office, 1301 E. Main on Monday through Friday from 10 a.m. to 2 p.m. each day. “There is significant damage in Cushing,” said Doak …
Governor Stands by Corporation Commissions Injection Well Actions near Cushing
This week’s actions targeting wastewater injection wells following the Cushing earthquake have the support of Gov. Mary Fallin. “I support the quick action taken by the Oklahoma Corporation Commission, which regulates the oil and gas industry in our state, as it worked closely with state researchers at the Oklahoma Geological Survey to put in place …
Inhofe Leads Congressional Support of Lawsuit Challenging EPA over WOTUS
Oklahoma U.S. Sen. Jim Inhofe and 20 other U.S. Senators along with 67 U.S. House members have joined a lawsuit to block the Environmental Protection Agency’s implementation of WOTUS, the “Waters of the U.S. Rule.” Sen. Inhofe, as chairman of the U.S. Senate Environment and Public Works Committee led the filing of the amicus …
Gross Production Collections Show Increase in Oklahoma For 1st Time in Two Years
Oklahoma Treasurer Ken Miller released October gross receipts on Tuesday and for the first time in nearly two years, the gross production tax revenues topped those from the same month a year earlier. Miller said the collections were still significantly lower before the ongoing oil price slump but said the October gross production collects of …
Energy and Farming….Big Topics for Rep. Lucas As he Savors Re-election Win
It’s not just agriculture that is an important subject to Oklahoma U.S. Rep. Frank Lucas who was re-elected this week to a 12th term in the House. So is energy and he made that clear in a post-election interview with Radio Oklahoma’s Carson Horn, telling him energy and agriculture are the two most important …
Crude Oil Settlements Remain Afloat on Election Day Tuesday
Crude oil futures posted a small gain Tuesday as the U.S. elected the nation’s next president, according to Bloomberg MarketWatch. December West Texas Intermediate crude rose 9 cents, or 0.2%, to settle at $44.98 a barrel on the New York Mercantile Exchange. Prices gained 1.9% on Monday after posting declines for six sessions in a row. …
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