With investors worried about the oil supply glut coupled with a rise in active U.S. oil rigs, crude oil futures lost ground on Friday, according to Bloomberg MarketWatch. Marking its lowest settlement since May 9, September West Texas Intermediate crude fell by 56 cents, or 1.3%, to settle at $44.19 a barrel on the New …
July 22, 2016 archive
Completion Reports July 25, 2016
BLAINE COUNTY Newfield Exploration Mid-con Inc Mississippian(8509): Oil 165 Gas 876 Water 2653 Pump 36 20N 11W Kc 1h-36, February 23, 2016 HH, OIL, TD: 13365 ft Lat: 36.15978, Long: -98.33375 API: 35011235490001 Newfield Exploration Mid-con Inc Mississippian(9551): Oil 1123 Gas 1239 Water 606 Pump 32 17N 10W Ruth Ann 1h-32, March 29, 2016 HH, …
Permits to Drill July 25, 2016
Blaine County DOROTHY #2H-32LM, July 22 2016 05 15N 10W SWNWNWNE API: 01123631 Lat: 35.81027644687025, Long: -98.28673831218363 NEWFIELD EXPLORATION MID-CON INC HH, DR, 15907 ft, MISS’AN (EX CHESTER)(10380), WOODFORD(11010) Blaine County DOROTHY #3H-32UM, July 22 2016 05 15N 10W SWNWNWNE API: 01123632 Lat: 35.81027644200731, Long: -98.2868057614972 NEWFIELD EXPLORATION MID-CON INC HH, DR, 15747 ft, MISS’AN …
Texas Tops the Baker Hughes Rig Count, Adding 15 Rigs
The U.S. rig count surged by 15 to 462, according to the Baker Hughes weekly rig count released on Friday. Oil rigs were up by 14 to 371, with gas rigs down by one to 88 and miscellaneous rigs up by two to three. Leading the pack with the largest gain in North America, Texas …
Inventories and Production Constrain Investors as Oil Futures Tumble on Thursday
Crude oil futures fell on Thursday as investors remained cautious due to the existing glut of domestic oil inventories as crude production wanes, according to Bloomberg MarketWatch. September West Texas Intermediate crude slid by $1, or 2.2%, to settle at $44.75 a barrel on its first full trading day on the New York Mercantile Exchange as …