The Oklahoma Corporation Commission issued two Notices of Proposed Emergency Rulemaking on Thursday amending the rules of practice and the oil and gas conservation rules. The changes are intended to conform the Commission’s rules with Senate Bill 867 – the Oklahoma Energy Jobs Act of 2017 – which becomes effective August 24, 2017. The Oil …
July 30, 2017 archive
Rig Count: Oklahoma Adds 3, U.S. Rises by 8
Both the U.S. and Oklahoma saw jumps in rig counts for the past week according to figures released by Baker Hughes. Oklahoma’s count jumped by three to reach 134. A year ago, the state had only 60 working oil and gas rigs. Nationally, the count grew by eight, reaching 958 active rigs. The nation’s count …
WTI Hovers Near $50 as Brent Crude Surges Over $52 a Barrel on Friday
Oil futures advanced on Friday while logging a gain of more than 8% for the week, according to Bloomberg MarketWatch. September West Texas Intermediate crude rose 67 cents, or 1.4%, to settle at $49.71 a barrel on the New York Mercantile Exchange—the highest finish for a most active contract since May 26. WTI ended nearly 8.6% …
Completion Reports July 31, 2017
ALFALFA COUNTY Midstates Petroleum Co Llc Mississippian: Oil 230 Gas 1161 Water 3382 Pump 15 24N 12W Aruba 2412 1h-15 C, June 17, 2017 HH, OIL, TD: 11608 ft Lat: 36.56386, Long: -98.46902 API: 35003232710000 BLAINE COUNTY Council Oak Resources Llc Mississippian(10107): Oil 183 Gas 2402 Water 1297 Flow 10 17N 13W Bates 1-10h, May 09, 2017 HH, OIL, TD: 15125 ft Lat: 35.95781, Long: …
Permits to Drill July 31, 2017
Blaine County WILKINSON #1-2-11XH, July 28 2017 02 15N 13W NENWNWNW API: 01123835 Lat: 35.811594313468554, Long: -98.56000901750492 CONTINENTAL RESOURCES INC HH, DR, 22229 ft, MISSISSIPPIAN (EX CHESTER)(11881), WOODFORD(12343) McClain County GUINNESS #1-32-5-WXH, July 28 2017 29 6N 4W SESWSWSW API: 08722083 Lat: 34.95747998099007, Long: -97.65179143658887 CASILLAS OPERATING LLC HH, DR, 21100 ft, MISSISSIPPIAN(11240), WOODFORD(11520), HUNTON(11690) McClain …