July 2016 archive

Permits to Drill July 21, 2016

Caddo County RUCKMAN #2H-20, July 18 2016 29 11N 12W SENWNENW API: 01523270 Lat: 35.40516433521576, Long: -98.49404899114406 EXCALIBUR RESOURCES LLC HH, AM, 15250 ft, MARCHAND(9950) Creek County YARGEE #4, July 20 2016 05 18N 7E SWNWNWNW API: 03729345 Lat: 36.074003857237855, Long: -96.60133831460197 WELCH ENERGY LLC SH, DR, 3100 ft, LAYTON(1518), CLEVELAND(1832), PRUE(2280), SKINNER(2380), PINK LIME(2458), …

Continue reading »

Halliburton Reports Lower Earnings Worldwide

Halliburton’s second quarter earnings report shows a 15 percent drop in North America revenue but company leaders remain optimistic. Revenues totaled $1.5 billion and the operating loss came to $124 million. “Our second quarter results showed resilience in the face of another challenging quarter marked by lower activity levels and continued pricing pressure around the …

Continue reading »

GOP Focuses on States Rights in Energy Platform

Calling itself the part of America’s growers, producers, farmers, ranchers, foresters, miners, commercial fishermen and all those who bring from the earth the crops, minerals and energy, the Republican Party unveiled its party platform this week in Cleveland. “We look in vain within the Democratic Party for leaders who will speak for the people of …

Continue reading »

Big Gas Wells Drilled in SE Oklahoma

Among the latest moderately producing big wells in the state are two gas wells in Hughes County,  Tulsa-based Petroquest Energy LLC reports two big gas wells near the community of Lamar. The largest is producing 3,884 mcf of natural gas. The LYNN well is in the Woodford play and had a January 12 spud date …

Continue reading »

Work Underway for SOER’s 20th annual Oil and Gas Expo

It’s about two and a half months off, but work’s underway for the 20th Oil and Gas Expo in Oklahoma City sponsored by the Oklahoma Energy Resources Board and its organization called Sustaining Oklahoma’s Energy Resources. “Despite the downturn in the oil and gas industry, we’re still expecting a full crowd for the anniversary show,” …

Continue reading »

U.S. Crude Oil Drops to 10-Week Low on Tuesday

Oil futures fell on Tuesday as skittish traders responded to the increasing glut of crude oil inventories with easing energy demand, according to Bloomberg MarketWatch. August West Texas Intermediate crude dropped 59 cents, or 1.3%, to settle at $44.65 a barrel on the New York Mercantile Exchange, its lowest close since May 9. On the …

Continue reading »

Completion Reports July 20, 2016

ALFALFA COUNTY Chesapeake Operating Llc 15 25N 12W Betty Jo 22-25-12 1h, June 29, 2016 HH, TA, TD: 11662 ft Lat: 36.63838, Long: -98.48304 API: 35003232090000 HUGHES COUNTY Petroquest Energy Llc 23 7N 11E Lynn 3-14h, May 23, 2016 HH, DRY, TD: 409 ft Lat: 35.06980, Long: -96.11597 API: 35063245880000 Petroquest Energy Llc Woodford(5757): Gas …

Continue reading »

Permits to Drill July 20, 2016

Beaver County HENNIGH #1-11, July 19 2016 11 2N 26E S2S2SWNW API: 00723983 Lat: 36.65291379524782, Long: -100.2334426621411 LATIGO OIL AND GAS INC SH, RC, 5900 ft, CHASE(3028) Hughes County CLAIRE #2-23/26H, July 19 2016 14 7N 11E SWNESESW API: 06324604 Lat: 35.074958640878066, Long: -96.11674209914612 PETROQUEST ENERGY LLC HH, DR, 13098 ft, WOODFORD(5800) Hughes County CLAIRE …

Continue reading »

Congressman Russell Announces Town Hall Meetings

Oklahoma Congressman Steve Russell has announced that he will hold two town hall meetings on Thursday, July 21, 2016 in Oklahoma City. A “Bring Your Own Brown Bag Lunch” gathering will be hosted at noon at the OSU-OKC Student Center and at 6 p.m. at Francis Tuttle Technology Center. Both events are open to the public. The …

Continue reading »

Final Step Taken to Delist Lesser Prairie Chicken

Oklahoma U.S. Sen. Jim Inhofe is one happy man today after the final step was taken to delist the Lesser Prairie Chicken. The chairman of the U.S. Senate Environment and Public Works Committee has spent the past few years fighting the Obama administration’s efforts to protect the bird, a move opposed by oil and gas …

Continue reading »