August 2019 archive

Oil and gas rig counts continue to tumble in Oklahoma

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 …

Continue reading »

Permits to drill for August 2, 2019

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, …

Continue reading »

Completion reports for August 2, 2019

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 …

Continue reading »

Williams seeks feds’ approval of $531 million pipeline extension in Pennsylvania

Williams announced Friday that its Transco interstate pipeline has filed an application with the Federal Energy Regulatory Commission seeking authorization for its $531 million Leidy South project, which is proposed to connect supplies of natural gas in the Marcellus and Utica producing regions in Pennsylvania with markets along the Atlantic Seaboard by the 2021-2022 winter …

Continue reading »

Williams CEO predicts strong natural gas demand

As CEO of Williams in Tulsa, Alan Armstrong says the company’s second quarter earnings saw what he called “very healthy growth” in all key measures. And he has a firm belief in ” strong natural gas demand growth fundamentals that underpin our strategy.” During a recent earnings call after the company posted its report, Armstrong …

Continue reading »

Mixed energy employment in Oklahoma counties for June

The state government says unemployment rates in June were lower than a year ago in 70 of Oklahoma’s 77 counties. They were higher in five other counties and unchanged in two counties according to a break-down of the county rates. The Oklahoma Employment Security Commission reported Alfalfa County where Alva is the county seat had …

Continue reading »

Anti-spoofing move by FCC supported by Attorney General Hunter

Attorney General Mike Hunter commended the Federal Communications Commission for voting to implement rules to ban caller ID spoofing in text messages and international calls. FCC Chairman Ajit Pai originally proposed the rules to the commission in July following the recommendations of a bipartisan coalition of 42 state attorneys general, including Attorney General Hunter, in May. …

Continue reading »

Devon scores big on 3 multi-well paid sites in STACK bringing in more than 8,000 barrels a day

Oklahoma City-based Devon Energy filed completion reports showing oil production totaling more than 4,600 barrels a day on two adjacent multi-well pad sites in Blaine County. But the company had success with total production of more than 11,000 barrels of oil a day in Blaine and Kingfisher counties in the STACK. All four Scott 13_24-16n-10w …

Continue reading »

One analyst isn’t optimistic about Chesapeake Energy’s coming earnings report

As Chesapeake Energy, based in Oklahoma City, prepares to release its second quarter earnings report, one analyst expects the company will report a loss in earnings. The prediction comes from Zacks Equity Research which believes earnings will be down. Chesapeake Energy Corporation CHK is scheduled to release second-quarter 2019 results on Aug 6, before the opening …

Continue reading »

Permits to drill for August 1, 2019

Permits to drill for August 1, 2019. Alfalfa County NEFF 24-25-11 #1H, August 01 2019 24 25N 11W SESESWSE API: 00323382 Lat: 36.62355633015866, Long: -98.3296558393793 BCE-MACH LLC HH, DR, 10800 ft, MISSISSIPPIAN(5778) Okfuskee County PALMER #3, August 01 2019 23 10N 9E SWSENWNE API: 10723620 Lat: 35.330620849334636, Long: -96.32336121365174 LU-RAY PETROLEUM LLC SH, DR, 1200 ft, CALVIN(1090) …

Continue reading »