October 4, 2017 archive

Permits to Drill October 5, 2017

  Canadian County HARRY #1408 1H-6X, October 04 2017 06 14N 8W NWNENENE API: 01725081 Lat: 35.72452109536505, Long: -98.08482448513831 NEWFIELD EXPLORATION MID-CON INC HH, DR, 20256 ft, MISSISSIPPI SOLID(9520) Carter County BOYD #1-30, October 04 2017 30 5S 2W E2W2NENE API: 01926192 Lat: 34.098367554525844, Long: -97.44264584420469 YALE OIL ASSOCIATION INC SH, RC, 12201 ft, WOODFORD(10030), HUNTON(10264) Custer …

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High Costs and Investor Pressure Slow Permian Basin Excitement

A study confirms that rising production costs as well as high prices for leases have led to a slowdown in the Permian Basin in Texas and New Mexico. Writing this week, the Houston Chronicle found that while drillers spent $35 billion in West Texas over 9 months ending in the spring, the collective value of …

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Oklahoma’s Vertical and Horizontal Drilling Fight Gets National Attention

  The story of vertical well drillers fighting Oklahoma’s larger horizontal well operations is getting some national play as Bloomberg News reported on the battle this week. Bloomberg told the story of one Oklahoma independent operator whose old vertical wells have been harmed by horizontal drilling. The news service also briefly revisited the OK Energy …

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Viking Energy Makes Another Buy in Shallow Well Country of Eastern Kansas

New York based Viking Energy Group has bought more oil and gas leases of shallow-well opportunities in eastern Kansas. It’s the second purchase in the past month. Using a wholly-owned subsidiary, Mid-Con Drilling LLC, the company acquired a 100% working interest ni six new oil and gas leases in Miami and Franklin Counties. The wells …

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Energy Issues Discussed During Kansas Governor’s Secret Trip to Israel

Reporters are just learning about an unpublicized eight-day trade mission to Israel taken by Kansas Gov. Sam Brownback in late August and early September where he discussed energy business with the country. His meeting, according to the Hutchinson News included a lengthy meeting with Israel’s Prime Minister Benjamin Netanyahu. The paper reported the Kansas Commerce …

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Growing Scrutiny of Scott Pruitt’s EPA Travel Costs

While some don’t see Scott Pruitt’s EPA travel costs as scandalous as former Health and Human Services Secretary Tom Price’s were, Pruitt’s critics aren’t letting up in examining how the former Oklahoma Attorney General is running the Environmental Protection Agency. Here is how Politico’s Morning Energy Report described the latest events that have Pruitt under …

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Wind Developers Continue Legal Battle With Osage Nation

Those wind developers who last month lost a legal fight with the Osage Nation aren’t giving up,. They are asking the Tenth Circuit Court of Appeals in Denver for a rehearing after the court ruled in favor of the Osage Nation and the Osage Minerals Council, a story reported last month by OK Energy Today. …

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New Leadership at Anadarko Petroleum

Houston-based Anadarko Petroleum has announced a change in company leadership with leaders saying it falls in line with the firm’s $7.5 billion in the sale of non-core assets over the past two years. Anadarko Chairman, President and CEO Al Walker said  Danny Brown will be the new Executive Vice President of U.S. Onshore Operations. He …

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Devon to Announce 3rd Q Earnings Oct. 31

Oklahoma City-based Devon Energy plans to announce its third-quarter 2017 earnings on Oct. 31, a Tuesday. It will be made after the close of U.S. financial markets.  On the following day, Nov. 1 at 10 a.m. the company will hold a conference call to answer questions from analysts and investors.      

Fuel Taxes Rose Nationwide in Past Year

The Energy Information Administration says taxes and fees on gasoline by states and the District of Columbia were up nearly 28 cents a gallon as of July 1, 2017 compared to a year ago. The EIA said the increase represented a 4.5% jump in the past year. While nearly a dozen states increased their taxes …

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