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WTI, Brent and Natural Gas End Lower on Monday
Supply and demand continues to perplex the energy industry as crude oil futures slid lower on Monday, according to Bloomberg MarketWatch. July West Texas Intermediate crude fell by 33 cents, or 0.7%, to end trading on the New York Mercantile Exchange at $48.08 a barrel. On London’s ICE Futures Exchange, July Brent crude, the …
Completion Reports May 24, 2016
ALFALFA COUNTY Chesapeake Operating Llc 26 26N 11W Arlene 26-26-11 1h, May 02, 2016 HH, TA, TD: 10485 ft Lat: 36.70945, Long: -98.34888 API: 35003231850000 Chesapeake Operating Llc 8 27N 11W Jasmine 8-27-11 2h, May 03, 2016 HH, TA, TD: 9818 ft Lat: 36.84017, Long: -98.40866 API: 35003231900000 DEWEY COUNTY Jma Energy Company Llc Cleveland(9056): …
Permits to Drill May 24, 2016
Alfalfa County KASSIK 21-25-12 #1H, May 23 2016 16 25N 12W SWSWSESW API: 00323255 Lat: 36.63841682437025, Long: -98.4992198799975 CHESAPEAKE OPERATING LLC HH, DR, 11200 ft, MISSISSIPPIAN(5978) Blaine County SHERRY LANELLE FEDERAL #1-31-30XH, May 23 2016 31 16N 11W S2SESWSE API: 01123607 Lat: 35.81284438736663, Long: -98.40759474755335 CONTINENTAL RESOURCES INC HH, DR, 21224 ft, MISSISSIPPIAN(10944), WOODFORD(11714) Carter …
Oil Futures Settle Lower on Friday, Higher for the Week
Friday was another day of ups and downs as oil futures produced weekly gains while crude prices closed out the week on a lower note, according to Bloomberg MarketWatch. June West Texas Intermediate crude lost 41 cents, or 0.9%, to end trade on the New York Mercantile Exchange at $47.75 a barrel. For the week, …
Permits to Drill May 23, 2016
Ellis County NEIDENS 10 #5H, May 19 2016 10 20N 26W SWSESWSE API: 04523609 Lat: 36.21746457665306, Long: -99.95946997600767 JONES ENERGY LLC HH, DR, 12763 ft, CLEVELAND(8345) Grady County MICHELLE ABEL #1-11-2XH, May 16 2016 11 3N 6W SESESESE API: 05124037 Lat: 34.74032498294741, Long: -97.79222163809351 MARATHON OIL COMPANY HH, AM, 23362 ft, MORROW(10887), SPRINGER(12791), MISS (DEEP)(12815) …
OK House Amends SB 1577 to Provide $12.5 Million Tax Credit Cap for At-Risk Wells
In a shocking move while burning the midnight oil prior to sine die adjournment, the Oklahoma House of Representatives suspended the rules late Thursday night and introduced an untimely filed amendment to Senate Bill 1577 which aims to cap the at-risk oil and gas well tax credit at $12.5 million annually for calendar years 2015-2020. …
Oil Futures End Lower on Thursday After Rally
Crude oil futures finished lower on Thursday as a possible June rate hike by the U.S. Federal Reserve factored into investor uncertainty, according to Bloomberg MarketWatch. June West Texas Intermediate crude fell 51 cents, or 1.1%, to end trading at $47.68 a barrel on the New York Mercantile Exchange. Earlier in the day, WTI traded …
Completion Reports May 20, 2016
CANADIAN COUNTY Citizen Energy Ii Llc Woodford: Oil 79 Gas 1503 Water 1431 Pump 31 11N 6W Sofia 1h-31, January 30, 2016 HH, GAS, TD: 15400 ft Lat: 35.37797, Long: -97.86753 API: 35017248660000
Permits to Drill May 20, 2016
Dewey County MCCORMICK 3-19-20 #1H, May 19 2016 03 19N 20W S2S2SWSE API: 04323461 Lat: 36.145366137114095, Long: -99.31770776772923 TAPSTONE ENERGY LLC HH, DR, 17000 ft, MISSISSIPPIAN(12400) Ellis County ROPER 21-20-24 #1HA, May 19 2016 21 20N 24W SESWSWSW API: 04523608 Lat: 36.18823372166322, Long: -99.77316404408843 FOURPOINT ENERGY LLC HH, DR, 13727 ft, CLEVELAND(8490) Grady County FIREFLY …
McClendon’s American Energy Partners to Cease Operations
American Energy Partners, LP laid off almost half of its Oklahoma City workforce as company officials announced that they would wind down business operations over the course of the next few months, according to a report published late Wednesday by The Oklahoman. “After considerable thought and discussion with Aubrey McClendon’s family and our employees, we have …