May 10, 2017 archive

Completion Reports May 11, 2017

  LOVE COUNTY Mid-con Energy Operating Llc 12 6S 2W Hdsu Daube Wilkins 2-12, March 14, 2017 SH, INJ, TD: 8505 ft Lat: 34.05082, Long: -97.35308 API: 35085211790001  

Permits to Drill May 11, 2017

  Blaine County OLD BEAR WOMAN BIA #1-13H, May 10 2017 13 14N 12W NWSESESE API: 01123799 Lat: 35.682950592829734, Long: -98.42077370419393 MARATHON OIL COMPANY HH, DR, 17535 ft, MISS’AN LM(12613) Blaine County LORENE #1-8-5XH, May 10 2017 17 14N 12W SENWNWNW API: 01123800 Lat: 35.69481343994431, Long: -98.50610438937075 CONTINENTAL RESOURCES INC HH, DR, 23503 ft, CHESTER(11358), …

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Neighbors Fighting Landowner’s Plan to Create Disposal Wells

Some Canadian County families who are fighting a neighbor’s plan to create saltwater disposal wells on his property will have to await a decision from a Corporation Commission Administrative law judge. That’s where Harold Poage has gone after neighbors complained for the past two years about his other activities of hauling dirt off the 120 …

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FERC Appointees Draw Support of Sen. Inhofe

President Trump’s two choices to serve on the Federal Energy Regulatory Commission draw support from Oklahoma U.S. Sen. Jim Inhofe. One was Neil Chatterjee, an aide to senate Majority Leader Mitch Mcconnell and a long time energy advisor of his. The other was Robert Powelson, a member of the Pennsylvania Public Utility Commission. “Neil Chatterjee …

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Pipeline Mapping Bill Killed by GOP in Colorado

  Republicans in the Colorado legislature used a late-night filibuster this week to block an attempt by Democrats to require that all oil and gas producers provide the locations of all their gas lines. The attempt by Democrats to pass the bill before midnight came as a result of an April house explosion that killed …

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Oil and Gas Tax Collections Grow But Not Overall State Collections for April

While state revenue collections are continuing to fall in Oklahoma, tax revenue from oil production is going up according to figures released this week by State Secretary of Finance Preston Doerflinger. General Revenue Fund collections for April missed the official monthly estimate by 12.9 percent and were 4.4 percent below the estimate for the fiscal …

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EPA’s Pruitt Wants Advice from Governors on Redrawing Waters of US Rule

Oklahoma Gov. Mary Fallin will be getting a letter in mail from EPA Administrator Scott Pruitt, if she hasn’t already, asking her advice on how to define which wetlands and small waterways should be covered by the Clean Water Act. Pruitt sent letters this week to governors asking for their “input and wisdom” on how …

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STACK Produces More Wells While Interest Grows in NW Oklahoma

Oklahoma’s STACK continues to give up its oil with Oklahoma City-based Chesapeake Operating LLC reporting three new completions in Kingfisher County. (see OK Energy Today.) But there’s growing interest in oil exploration in northwestern Oklahoma. The wells ranged in production from 535 barrels of oil daily down to 384. The two Foster wells, located at …

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SB 867 Compromise Bill Garners Wide Industry Support, Passes Through Joint Committee

Three energy groups announced their support of a compromise bill that would expand horizontal drilling by allowing long-lateral drilling operations in all geologic formations. The Oklahoma Oil & Gas Association, Oklahoma Independent Petroleum Association and the Coalition of Oklahoma Surface and Mineral Owners joined together in supporting Oklahoma Senate Bill 867, according to a joint …

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Production Growth Forecast Heightens Trader Fear, Forces Lower Settlements on Tuesday

After rebounding on Monday, crude oil prices dipped on Tuesday as traders weighed a monthly governmental production forecast and awaited weekly supply reports, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude fell by 55 cents, or 1.2%, to settle at $45.88 a barrel. July Brent crude, the global benchmark, lost …

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