Axios reports that oil and natural gas companies are staring down the barrel of a slowing economy, President Trump’s on-again-off-again Chinese trade war, persistently low oil prices that plunged Friday and even lower natural gas prices. Where it stands: Big Oil’s second-quarter earnings are mixed this week. European majors Total, Eni and Shell reported large drops in …
Tulsa-based Alliance Resource Partners, L.P. announced that it has completed the previously announced acquisition of oil and gas mineral interests from Wing Resources, LLC and Wing Resources II, LLC for a cash purchase price of $145.0 million. Known for its coal production in the eastern U.S., the Oklahoma company expanded its oil and gas holdings. …
Oklahoma’s oil and gas rig count continues to tumble as the latest Baker Hughes Co. rig numbers show the state dropped 5 more rigs in the past week to reach a total of 88. One year ago, Oklahoma had 137 active rigs. Other states saw a reduction in their rig counts and nationally, the numbers …
Permits to drill filed for August 2, 2019. Blaine County HOFFMAN TRUST #2-13MH, August 02 2019 13 19N 13W SWSESESE API: 01124236 Lat: 36.11612773446419, Long: -98.53205099725578 CRAWLEY PETROLEUM CORPORATION HH, DR, 13709 ft, MISSISSIPPI SOLID(8950) Canadian County MCKINNEY #2-8, August 02 2019 08 11N 9W CSE API: 01723472 Lat: 35.43852985391294, Long: -98.1710801530065 ROX EXPLORATION INC SH, RC, …
Completion reports filed for August 2, 2019. DEWEY COUNTY Newfield Exploration Mid-con Inc Mississippian(9416): Oil 102 Gas 309 Water 1315 Flow 11 19N 15W Ruben Fed 1915 1h-11, January 23, 2019 HH, OIL, TD: 14162 ft Lat: 36.14381, Long: -98.77729 API: 35043236490000 HUGHES COUNTY Corterra Energy Operating Llc Woodford(4980): Gas 2191 Flow 3 6N 9E Josh 0409-1hx, March 04, 2019 HH, GAS, TD: 14280 …
