For $320 million, Oklahoma City’s Mach Resources and its partner Bayou City Energy Partners have acquired assets from two bankrupt companies operating in Oklahoma’s STACK play. The largest acquisition is the upstream oil and gas assets of Alta Mesa Holdings, LP. But Mach Resources also acquired the midstream assets of Kingfisher Midstream, LLC and its …
Tulsa’s Casillas Operating LLC reported completions on five same-pad wells with combined production of nearly 3,200 barrels of oil a day in Garvin County. The five wells are located at 13 3N 4W or about four miles south of Lindsay and close to the community of Purdy. Their completions were actually made in the spring …
A Chesapeake Energy well located east of Austin, Texas caught fire Wednesday killing one worker and leaving three others in the hospital. The blow-out and fire happened during service work at a site 75 miles east of Austin in Burleson County, according to Reuters. The well continued to burn for several hours after the …
