August 6, 2019 archive

Despite increased oil production, Unit Corporation reports a 2Q loss

Tulsa-based Unit Corporation reported a second quarter net loss of $8.5 million or 16 cents a share compared to $5.8 million in net income and 11 cents a share for the second quarter of 2018. The company blamed the loss on the declining prices of natural gas liquids. The company’s adjusted net loss for the …

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Chesapeake reports a dime a share loss but record oil production

  Despite record oil production in the second quarter of 2019, Oklahoma City-based Chesapeake Energy reported a quarterly loss of a dime a share. The company had earnings of 15 cents a share one year ago. Chesapeake reported revenues of $1.45 billion for the quarter that ended in June while one year ago, its revenues …

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3,800 barrels of oil a day on a single pad and 3 wells in Blaine County

Devon Energy reports three wells on a single pad in Oklahoma’s STACK produced nearly 3,800 barrels of oil a day upon completion. The Baker 9_6-15n-11w wells were drilled at 9 15N 11W or about 3 miles southeast of the city of Watonga in Blaine County. The largest well had production of 1,374 barrels of oil …

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Permits to drill for August 5, 2019

Permits to drill filed on August 5, 2019. Cleveland County CONRADO #1-25, August 05 2019 25 10N 4W SENWNESE API: 02721500 Lat: 35.310657944747106, Long: -97.56806642151706 GULF EXPLORATION LLC SH, DR, 10000 ft, PENN BASAL(7750), HUNTON(7900), VIOLA(8350), WILCOX(8700), TULIP CREEK(9100), MCLISH(9200), OIL CREEK(9500), ARBUCKLE(9600) Garvin County LEWIS #22-4N-3W, August 05 2019 22 4N 3W SESESWNW API: 04925305 Lat: …

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Completion reports for August 5, 2019

Completion reports filed on August 5, 2019. ALFALFA COUNTY Bce-mach Llc Mississippi Lime(5958): Oil 239 Gas 1540 Water 1666 Gaslift 20 25N 12W Sharp 20-25-12 2h, September 19, 2018 HH, OIL, TD: 10885 ft Lat: 36.63722, Long: -98.51730 API: 35003233290000 Bce-mach Llc Mississippian(5048): Oil 304 Gas 1969 Water 1435 Pump 8 28N 11W Alva 5-28-11 1h, October 23, 2018 HH, OIL, TD: 10274 ft Lat: 36.92754, …

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