Oil futures finished higher on Wednesday after U.S. government data revealed a sharp decline in crude inventory, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September rose 39 cents, or 0.8%, to settle at $49.56 a barrel. October Brent crude, the global benchmark, gained 56 cents, or 1.1%, …
August 9, 2017 archive
Completion Reports August 10, 2017
BLAINE COUNTY Continental Resources Inc Mississippian(10039): Oil 183 Gas 388 Water 4008 Flow 18 16N 10W Blurton 4-7-6xh, June 22, 2017 HH, OIL, TD: 20574 ft Lat: 35.86897, Long: -98.30853 API: 35011236200001 Continental Resources Inc Mississippian(9863): Oil 413 Gas 550 Water 3107 Flow 18 16N 10W Blurton 5-7-6xh, June 27, 2017 HH, OIL, TD: 20689 ft Lat: 35.86861, Long: -98.30161 API: 35011236140000 Continental Resources Inc Mississippian(9867): Oil …
Permits to Drill August 10, 2017
Alfalfa County MOTT A #1-16, August 08 2017 16 29N 12W CSWNE API: 00323285 Lat: 36.99394275154853, Long: -98.49755143027348 TRANS PACIFIC OIL CORPORATION SH, DR, 5600 ft, TONKAWA(3800), LANSING-KANSAS CITY(4300), OSWEGO(4550), CHEROKEE(4700), MISSISSIPPI CHAT(4800), MISSISSIPPI LIME(4810), MISENER(5170), SYLVAN DOLO(5190), VIOLA(5230) Blaine County BIG EARL 6-15N-10W #1H, August 08 2017 07 15N 10W NENENENE API: 01123842 Lat: 35.79709276209344, …
Tri State Oil and Gas Convention Underway in Woodward
Northwest Oklahoma’s 6th annual Tri State Oil and Gas Convention is underway in Woodward. Lt. Gov. Todd Lamb will launch the convention Thursday morning with the opening keynote address beginning at 9:15. He’ll be followed by the annual Legislative Panel to be moderated by Adam Wilmoth, Energy Editor of the Oklahoman. The final speaker of …
Purcell Oil Drilling Company Stuns Industry With Venezuelan Exploration Contract
A small independent oil and gas company headquartered in Purcell, Oklahoma is one of three companies that won bids to explore the world’s biggest oil reserves—-those in Venezuela. It has the energy world wondering how they did it. And maybe why. When word leaked recently that Horizontal Well Drillers LLC, whose chief executive officer is …
BP Announces Discovery of Massive Gas Well in New Mexico
It’s just possible that some of the big gas plays in the U.S., the Marcellus, Haynesville, Anadarko-Woodford and even the Granite Wash will see competition from northwest New Mexico. One company’s announced a stunning discovery just west of Oklahoma. BP claims the area around Farmington, New Mexico is a significant new source of natural gas …
New Prairie Chicken Study Shows Wind Farms Aren’t So Harmful
A new study suggests maybe those wind farms around the Midwest aren’t so harmful to the greater prairie chicken. A new study from the University of Nebraska found that while the spinning wind turbines kill hundreds of thousands of birds a year, the turbines actually become home to birds on the ground. Namely, the greater …
Gasoline Averages $2.13 a Gallon in Oklahoma…..5th Lowest in the Nation
Oklahoma’s gasoline prices now average $2.13 a gallon, about the same as a week ago. They are also the 5th lowest statewide average in the U.S. according to AAA Oklahoma. The national average price for regular unleaded gasoline is $2.35 a gallon and 23 cents higher than one year ago. “With summer demand running a …
OCC Calls for Wastewater Injection Reduction of Wells Near Edmond
The Oklahoma Corporation Commission has asked for reduced operations of wastewater injection wells following last week’s surge of earthquakes around Edmond. The directive applies to wells operating within a 10-mile radius of the earthquakes that caused damaged last week. The reduction will be by 95%. Three of the largest wells, the Dahl, Wishon and McCoon, …
Supreme Court Weighs Legality of New Taxes Including One on Hybrid and Electric Cars
The Oklahoma Supreme Court now must decide on the three lawsuits filed in challenge of three new taxes and one tax deduction change following oral arguments Tuesday morning. Justices held three separate hearings on the suits and listened to 3 hours of arguments against the taxes. Attorney James Naifeh, representing GOP Gubernatorial candidate Gary Richardson …
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