Canada’s Enbridge Inc. announced this week the closing of two $1 billion divestment deals and one involves operations in Oklahoma. The company sold its Midcoast Operating LP and subsidiaries in a $1.1 billion cash deal involving its U.S. natural gas and natural gas liquids gathering, processing and transportation serving basins in Oklahoma, Louisiana and Texas. …
August 3, 2018 archive
Midstates reports loss in 2Q but increase in oil production
Midstates Petroleum based in Tulsa reported its second quarter operations saw an increase in oil production but also a $1.5 million net loss or 6 cents a share. Net income a year earlier totaled $13.7 million or 53 cents a share. The net loss for the second quarter compared to the $4 million in net …
Continental Resources hits 3 major gas wells in Blaine County
The past week saw new wells reported in a variety of counties in Oklahoma including 7 in Blaine County, one of the three major counties making up the STACK play. Continental Resources reported three of those in Blaine County and revealed significant gas wells in a zone near Geary and Hydro. Information on the wells …
Completions July 26-Aug. 1
Here is the Weekly Completions Report. The table below provides a summary of the Completion tickets (Form 1002A) that were published between July 26th and close of business on August 1st. The table includes the Initial Production data for Oil (b/d), Gas (MCF/d) and Water (b/d). There are two links in the table: – The SPOT link …
Permits to drill July 26-Aug 1
This weekly report includes new Permits that have been Approved (or existing permits that have been Amended) between July 26th and close of business on August 1st. There are two links on each line: – The SPOT link will take you to the well location on Google Maps. So, if you need it, this will …