Alisha Davidson

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Oil Futures Tally Third Weekly Gain on Signs of Slowing Production

Oil futures finished higher for a third straight week on Friday, supported by expectations that U.S. crude production will continue to decline. Analysts cautioned against the sustainability of the recent price rally, according to Bloomberg MarketWatch. June West Texas Intermediate crude rose 55 cents, or 1.3%, to settle at $43.73 a barrel on the New …

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OCC’s Dana Murphy Commends Legislature on Passage of New Tool in Earthquake Response

Oklahoma Corporation Commissioner Dana Murphy thanked Governor Fallin and lawmakers who worked to pass House Bill 3158, clarifying the authority of the Corporation Commission (OCC) to respond to the risk of induced earthquakes. The bill allows the OCC to take emergency action with regard to disposal well operation or other activities within its jurisdiction when public safety …

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OU to Offer New Oil, Gas & Energy Law Program

The University of Oklahoma College of Law will offer a new Master of Legal Studies degree in oil, gas and energy law beginning in the fall of 2016. The program is designed for non-lawyers.   The program is a 32-credit-hour graduate degree that can be completed in 15 months. Of the 32 credit hours, 28 …

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Solar Plane On Course For Weekend Arrival in Silicon Valley

A solar-powered airplane on an around-the-world journey has reached the halfway point as it travels from Hawaii to California. The Solar Impulse 2 aircraft is operating with pilot Bertrand Piccard at the controls. Piccard took a few minutes Friday to exchange pleasantries with the United Nations secretary general as he flew high above the Pacific …

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Halliburton Cuts 6,000 Jobs As Drilling Declines

Halliburton Co. said Friday that it cut more than 6,000 jobs in the first quarter, continuing a purge at the oilfield­ services company that has reduced its workforce by one ­third since late 2014. The company revenue in the first quarter fell to $4.2 billion, a 40 percent decline from the first quarter of 2015. …

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Completion Reports April 25, 2016

ALFALFA COUNTY Chesapeake Operating Llc 16 26N 11W Patti 16-26-11 1h, April 06, 2016 HH, TA, TD: 10590 ft Lat: 36.72533, Long: -98.38963 API: 35003231240000 DEWEY COUNTY Devon Energy Production Co Lp Mississippian Solid(10441): Oil 193 Gas 2191 Water 1081 Pump 21 19N 16W Linnia 21-19n-16w 1h, March 22, 2016 HH, OIL, TD: 15834 ft …

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Permits to Drill April 25, 2016

Canadian County APRES VOUS 24_13-14N-8W #1HX, April 21 2016 24 14N 8W SWSWSWSW API: 01724900 Lat: 35.668257577907944, Long: -98.01165371797006 DEVON ENERGY PRODUCTION CO LP HH, DR, 19545 ft, MISS’AN (EX CHESTER)(9270), HUNTON(9959) Carter County WILLIAMS #154, April 22 2016 04 2S 2W SENWSWSW API: 01926215 Lat: 34.40746363357864, Long: -97.42066809392178 KODIAK OIL & GAS INC SH, …

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Oil Futures Finish Lower After Strong Gains

Oil futures finished lower Thursday, pulling back after posting healthy gains over the past two sessions and reaching their highest levels of the year, according to Bloomberg MarketWatch. Traders weighed mixed fundamental influences for the market, with support from separate data showing China’s oil imports jumped last month and U.S. crude production fell last week, …

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NGL Energy Partners LP Announces Investment & Declares Quarterly Cash Dividend

Tulsa-based NGL Energy Partners LP announced on Wednesday several strategic actions along with updated guidance, according to a company press release. The company disclosed a $200 million private placement of 10.75% Class A Convertible Preferred Units and formation of a strategic relationship with funds managed by Oaktree Capital Management L.P. “I believe this is a very positive …

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Completion Reports April 22, 2016

  BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(10398): Oil 1018 Gas 1561 Water 250 Flow 32 16N 10W Dorothy 1h-32, December 05, 2015 HH, OIL, TD: 15310 ft Lat: 35.81433, Long: -98.27989 API: 35011235330000 CARTER COUNTY Continental Resources Inc Mississippian(10558): Oil 555 Gas 1548 Water 589 Gas Lift 31 2S 3W Wynell 1-31-6xh, May 20, …

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