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Permits to Drill June 17, 2016
Canadian County TOY DARROW #2H-7-18, June 16 2016 07 10N 5W NWSENESE API: 01724910 Lat: 35.35325970478058, Long: -97.76175918053383 CITIZEN ENERGY II LLC HH, DR, 16200 ft, WOODFORD(9100) Creek County JOHNSON #1-4, June 16 2016 04 19N 8E NESWNWNW API: 03729341 Lat: 36.16065000850639, Long: -96.47558430698159 HALL GREG OIL & GAS LLC SH, DR, 2000 ft, CLEVELAND(1870) …
Devon Energy Divests Total of $2.1 Billion as Part of Restructuring Efforts
In an effort to transform itself through restructuring, Oklahoma City-based Devon Energy Corp. announced on Wednesday that it will sell all remaining non-core assets in the Midland Basin of west Texas for a combined $858 million in two separate transactions. The latest non-core divestitures bump up the company’s recent sales amounting for nearly $2.1 billion, according to the company’s …
Oil Futures Fall Lower on Wednesday
Crude oil futures finished lower on Wednesday as traders remained concerned about the buildup of U.S. oil supplies, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude slid 48 cents, or 1%, to end trading at $48.01 a barrel, marking a fifth consecutive decline. Earlier in the day, WTI …
Permits to Drill June 16, 2016
Canadian County THE SLOT 14-13N-8W #1H, June 15 2016 14 13N 8W SESWSESE API: 01724909 Lat: 35.5956417365688, Long: -98.0152167510766 DEVON ENERGY PRODUCTION CO LP HH, DR, 14734 ft, MISSISSIPPI LIME(9965) Garvin County GREEN #1-28, June 15 2016 28 3N 1W NESWNWSW API: 04923557 Lat: 34.70053480825855, Long: -97.31628052952797 XANADU EXPLORATION COMPANY SH, RC, 5280 ft, DEESE …
Oklahoma Secretary of Finance Critical of Wind Industry Tax Credits
The wind industry was under attack again as it was blasted by Oklahoma Secretary of Finance Preston Doerflinger due to last month’s 13 percent decline in General Revenue Fund collections as a result of tax rebate and incentive payments to participating businesses, according to an Associated Press report issued on Tuesday. Doerflinger indicated that $3.3 …
Crude Oil Futures Fall Lower on Tuesday as Inventories Rise
Oil futures continued their descent further from the key $50 a barrel mark on Tuesday as a government report revealed yet another increase in U.S. crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude fell 39 cents, or 0.8%, to end trade at $48.49 a barrel, resulting …
Completion Reports June 15, 2016
GARFIELD COUNTY Hodgden Operating Co Inc 30 20N 7W Cupps 1, June 02, 2016 SH, TA, TD: 8381 ft Lat: 36.17594, Long: -97.99501 API: 35047237740002 KAY COUNTY Donray Petroleum Llc Cottage Grove(3150): Oil 3 Water 900 Swab 33 25N 1W Stormy 8, March 07, 2016 SH, OIL, TD: 4700 ft Lat: 36.60011, Long: -97.30849 …
Permits to Drill June 15, 2016
Blaine County BLURTON #5-7-6XH, June 14 2016 18 16N 10W SWNENWNE API: 01123614 Lat: 35.868619429057375, Long: -98.30161414211706 CONTINENTAL RESOURCES INC HH, DR, 20745 ft, MISSISSIPPIAN(10005) Blaine County BLURTON #7-7-6XH, June 14 2016 18 16N 10W SENENWNE API: 01123616 Lat: 35.86868811826084, Long: -98.30132052734096 CONTINENTAL RESOURCES INC HH, DR, 20560 ft, MISSISSIPPIAN(9995) Blaine County BLURTON #8-7-6XH, …
Natural Gas Transportation Service RFP for 2017 Issued by PSO
Tulsa-based Public Service Company of Oklahoma is seeking a Request for Proposal for firm natural gas transportation service for calendar year 2017, according to a company press release issued on Monday. PSO, a subsidiary of American Electric Power, is seeking the RFP to serve its natural gas-fired power plants. The Oklahoma electric utility provides service …
Production Concerns and Lower Crude Oil Settlements Cloud Monday Futures
Oil futures finished down on Monday as trading closed amid concern about an increase in production, according to Bloomberg MarketWatch. July West Texas Intermediate crude had its lowest finish since June 3, dropping 19 cents, or 0.4%, to end trade on the New York Mercantile Exchange at $48.88 a barrel. On London’s ICE Futures exchange, …
