June 29, 2017 archive

OK Sierra Club Seeking Petition Signatures, Earthquake Dialogue with AG Mike Hunter

The Sierra Club is actively pursuing a plan to engage Oklahoma Attorney General Mike Hunter and address Oklahoma’s earthquake predicament, according to a press release issued on Thursday. The Oklahoma Chapter is gathering signatures urging Oklahoma’s chief legal officer to take action on the state’s earthquake situation. EPA Administrator Scott Pruitt, Hunter’s predecessor, remained completely …

Continue reading »

WTI and Brent Crude Settlements Rise on Thursday

Crude oil futures were on the rise again Thursday, marking a sixth straight day of positive growth, according to Bloomberg MarketWatch. August West Texas Intermediate crude added 19 cents, or 0.4%, to settle at $44.93 a barrel on the New York Mercantile Exchange, marking its highest finish since June 13. August Brent crude, the global benchmark, …

Continue reading »

Completion Reports June 30, 2017

  BLAINE COUNTY Continental Resources Inc 26 16N 10W Deak Rohling 1-26, August 04, 2016 SH, DISP, TD: 10811 ft Lat: 35.83883, Long: -98.23142 API: 35011216340001 GARVIN COUNTY Casillas Operating Llc Goddard(8932): Oil 255 Gas 67 Water 1050 Flow 8 4N 4W Muleta 1-16gh, April 19, 2017 HH, OIL, TD: 14571 ft Lat: 34.82745, Long: -97.63412 API: 35049251030000 KINGFISHER COUNTY Oklahoma Energy Acquisitions …

Continue reading »

Permits to Drill June 30, 2017

  Canadian County SNYDER 1-19-18 #1409MHX, June 29 2017 30 14N 9W SWNENENE API: 01725027 Lat: 35.66583465989663, Long: -98.19086685216111 TRIUMPH ENERGY PARTNERS LLC HH, DR, 20901 ft, MISSISSIPPI SOLID(10980) Dewey County LORETA 10 PA ##1HC, June 28 2017 10 17N 19W SWSWSESE API: 04323528 Lat: 35.957301472122886, Long: -99.20813608074651 MEWBOURNE OIL COMPANY HH, AM, 13687 ft, CLEVELAND(9000) Garfield …

Continue reading »

Obamaphone Program Filled With Fraud Say GAO Investigators

A phone giveaway program that has been the subject of numerous OK Energy Today stories was slammed today by the federal government which said the “Obamaphone” program was filled with fraud. The report by the General Accountability Office found that nearly a third of those nationwide who got the free phones were likely not qualified, …

Continue reading »

Tulsa’s Summit ESP Sought by Halliburton

Tulsa billionaire George Kaiser is about to unload his Summit ESP, a Tulsa-based maker of electric submersible pump systems for oil and gas wells and the buyer is anticipated to be Halliburton. No word yet on how much Halliburton will pay for the company founded in 2010 by oilfield services industry veteran John Kenner. Officials …

Continue reading »

State’s New 2018 Fiscal Budget Okayed by State Equalization Board

Despite legal challenges to some new state fees, including one on electric cars, the Oklahoma Equalization Board has voted to support the funding plan for the new fiscal year which takes effect on Saturday. The $6.8 billion budget prompted legal challenges on an increased tobacco fee, a new fee on electric cars and a sales …

Continue reading »

Energy Employment Recovery is Slow and Painful in Oklahoma

New jobless figures from the government reveal the recovery of Oklahoma’s oil and gas industry is making slow progress. The Oklahoma Employment Security Commission released May unemployment numbers this week showing the rates improved over the year for most counties. McIntosh County in eastern Oklahoma had the highest county unemployment rate at 8.1 percent followed …

Continue reading »

Chesapeake Moved Quickly To Produce Four Wells near Dover

The same week that Chesapeake Energy CEO Doug Lawler told an investors conference in New York his company’s strength is better than ever, the firm revealed the completion of four Kingfisher County wells. All four were drilled at the same site, 31 18N 6W which is about one and a half miles east of the …

Continue reading »

Crude Oil Futures Show Signs of Rebounding as Settlements Rise on Wednesday

Crude prices settled higher on Wednesday as government data showed a decline in domestic oil production despite competing forecasts, according to Bloomberg MarketWatch. August West Texas Intermediate crude added 50 cents, or 1.1%, to settle at $44.74 a barrel on the New York Mercantile Exchange, marking a fifth consecutive increase. August Brent crude, the global benchmark, …

Continue reading »