August 15, 2017 archive

Chaparral’s Expanded STACK Play Paying Off

Completion reports this week of wells drilled by Oklahoma City based Chaparral Energy confirm the company’s expressed plans to expand operations in Oklahoma’s STACK oil play. Those intentions were revealed in Monday’s release of the second quarter results for Chaparral. The same day, the daily completion report published by OK Energy Today,¬†showed the company had …

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Duncan Oil Hits 1,000 Barrel a Day Well Near Clinton

One of Oklahoma City’s privately-held independent oil and gas exploration companies is reporting this week the discovery of a 1,000-barrel a day oil well in western Oklahoma. Duncan Oil Properties Inc. hit the 1,022 boed Goss well northwest of Clinton and near the small town of Butler, 32 15N 18W in Custer County. Gas production …

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Carter County Considers Energy-Saving Steps

Carter County Commissioners in southern Oklahoma have started an energy review of their buildings and facilities. A report in the Daily Ardmoreite this week indicated commissioners met and discussed energy-saving steps with OGE and CLEAResult representative Trey Parsons. CLEAResult offers recommendations and master plans to help organizations and businesses improve their energy efficiency. But the …

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Gasoline Prices Slip in Oklahoma—Hold Steady Nationally

Gasoline prices slipped a penny¬†in Oklahoma, reaching a new average this week of $2.12 a gallon according to a weekly release by AAA Oklahoma. Nationally, the average of $2.35 a gallon remained flat for the week but still nine cents higher than one month ago and 22 cents cheaper than a year ago. “Prices at …

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54 million Unit Offering by Energy Transfer Partners

Energy Transfer Partners, L.P. in Dallas has announced the pricing of common unit offering. The offering totals 54,000,000 common units representing limited partner interests and the pricing will be at $18.65 a unit. Net proceeds from the offering will be used by ETP to repay amounts outstanding under its revolving credit facilities. The funds will …

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