December 20, 2016 archive

Tapstone Energy Selects Steven Dixon as New CEO in Wake of Tom Ward’s Resignation

Tom Ward is stepping down as CEO of Oklahoma City-based Tapstone Energy effective January 1, according to a company press release and report by The Oklahoman. Steven C. Dixon will replace Ward as Tapstone’s CEO. Dixon most recently served as Executive Vice President of Operations and Geosciences and Chief Operating Officer of Chesapeake Energy. He …

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Chesapeake Energy to Sell Second Haynesville Acreage in Louisiana for $465 Million

Chesapeake Energy Corporation announced Tuesday that it will sell another portion of its Haynesville Shale operating area in northern Louisiana for approximately $465 million to an affiliate of Covey Park Energy LLC, according to a company press release. The sale covers nearly 41,500 acres and 326 operated and non-operated wells currently producing approximately 50 million …

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WTI, Brent Post Higher Settlements on Tuesday

Crude oil prices soared higher on Tuesday, buoyed by an expected drop in crude oil inventories and a tightening commodity market, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, February West Texas Intermediate crude oil rose 24 cents, or 0.5%, to settle at $53.30 a barrel. The January contract which expired Tuesday, finished up …

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Completion Reports December 21, 2016

  BLAINE COUNTY Continental Resources Inc 24 15N 13W Mckinley 1-24-13xh, September 21, 2016 HH, GAS, TD: 22930 ft Lat: 35.75480, Long: -98.52755 API: 35011235970000 Continental Resources Inc 10 15N 12W Mcbee 1-3h, October 11, 2016 HH, OIL, TD: 16816 ft Lat: 35.79666, Long: -98.46169 API: 35011236030000 GARVIN COUNTY Continental Resources Inc 19 1N 1W …

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Permits to Drill December 21, 2016

  Blaine County COMPTON #7-2-35XH, December 20 2016 11 15N 11W NWNWNWNE API: 01123702 Lat: 35.79677501010705, Long: -98.33883913766448 CONTINENTAL RESOURCES INC HH, DR, 21508 ft, MISSISSIPPI LIME(10941) Blaine County COMPTON #8-2-35XH, December 20 2016 11 15N 11W NENWNWNE API: 01123703 Lat: 35.79677501999843, Long: -98.3386874023882 CONTINENTAL RESOURCES INC HH, DR, 21683 ft, MISSISSIPPI LIME(11116) Blaine County …

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Oil and Gas Association Vows to Help Implement New Earthquake Rules for SCOOP and STACK

  One oil and gas group in Oklahoma said its member companies are ready to immediately implement the new earthquake rules announced Tuesday by the Oklahoma Corporation Commission. The rules were prompted by concerns that hydraulic fracturing operations in the highly popular STACK and SCOOP oil plays in the state would trigger an increase in …

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Fracking Prompts State to Issue New Earthquake Prevention Rules for SCOOP and STACK

As Oklahoma’s two popular and fast-growing oil plays, the STACK and the SCOOP generate high interest in the oil and gas industry, the Oklahoma Corporation Commission announced Tuesday new seismicity rules that will apply to the region…..rules aimed at preventing a sudden growth in earthquakes. And this time, state regulators are linking possible earthquake activity …

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OERB Staff Grows by Three

  The Oklahoma Energy Resources Board announced the addition of three new staff members. Viji Ayyaru joined the OERB as the controller. In this role, she is responsible for oversight of all finance, accounting and reporting activities. Ayyaru previously worked for the Homeland Acquisition Corporation as an accounts payable supervisor. She holds a degree in …

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What Might an EPA Under Scott Pruitt Bring?

Donald Trump supporters and environmentalists alike have a good idea of what Scott Pruitt will do as the new administrator of the U.S. Environmental Protection Agency.  Of course, each side has a different point of view. Trump supporters believe Pruitt will remove some of what they think are unnecessary environmental regulations that strap the oil …

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How One Network Covered EPA Fracking Study

A report by CBS news on an EPA fracking study and drinking water chose to lead with non-scientific claims of residents who contend nearby fracking affected their drinking water in west Texas.  Even though the residents admitted they had no scientific proof to document their claims. CBS News correspondent Manuel Bojorquez’s report aired Tuesday and …

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