September 1, 2016 archive

West Texas Intermediate, Brent Plunge to $45 on Thursday

Oil futures closed down more than 3% lower on Thursday as doubts persisted over the potential for a crude oil production freeze, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell by $1.54, or 3.5%, to settle at $43.16 a barrel. On London’s ICE Futures Exchange, November Brent …

Continue reading »

Completion Reports September 2, 2016

BECKHAM COUNTY Atalaya Resources Llc Des Moines: Oil 566 Gas 2480 Water 158 Flow 32 11N 21W Barnett 29/28-11-21 1h, July 14, 2016 HH, OIL, TD: 18080 ft Lat: 35.39208, Long: -99.43524 API: 35009219750000 CREEK COUNTY Little River Energy Company 2nd Wilcox-1st Wilcox: Oil 1 Water 400 Swab 5 17N 7E Cal Jones 1, August …

Continue reading »

Permits to Drill September 2, 2016

Canadian County MCNEFF 22-10-5 #1H, September 01 2016 15 10N 5W SWSESWSW API: 01724935 Lat: 35.33440493790482, Long: -97.72211385334317 LINN OPERATING INC HH, DR, 13831 ft, MISSISSIPPIAN(8800), WOODFORD(9196) Lincoln County PINEHURST #1-10H, August 30 2016 09 13N 5E NESWNENE API: 08124276 Lat: 35.621013377509676, Long: -96.77160135730414 MONTCLAIR ENERGY LLC HH DH, AM, 8250 ft, HUNTON(5145) Seminole County …

Continue reading »

D&L Oil Tools Awarded API Certificates

Tulsa-based D&L Oil Tools announced on Tuesday that its Quality Management System has been granted API Q1 certification from the American Petroleum Institute. D&L was also awarded an 11D1 Monogram License for Packers and Bridge Plugs. Only two independent manufacturers in the U.S. have earned this distinction for both Packers and Bridge Plugs. The API …

Continue reading »

Judge Approves More Time for SandRidge’s Bankruptcy Plan

A report by Bankrupt Company News indicates a federal judge has approved  SandRidge Energy’s motion to extend the period during which the company can file a Chapter 11 plan. The original deadline is September 13th but a judge will hold a hearing on Sept. 8 to “confirm the plan of reorganization,” according to the publication. …

Continue reading »

Texas Company Fights Protesters of Bakken Crude Pipeline in Iowa

While a federal judge in Iowa denied a request by Dallas-based Energy Transfer Partners to force a halt to protests of its controversial Dakota Access Pipeline, an activist on Wednesday chained himself to heavy machinery at the pipeline construction site. The Native American activist took the action as the judge in Des Moines refused to …

Continue reading »

More about McClendon’s Mortgage of his OKC Thunder Share

As OK Energy Today reported this week, before his death in a traffic crash, Aubrey McClendon put up his share in the Oklahoma City Thunder as collateral on a loan to buy oil leases in Oklahoma. Now News 9’s Alex Cameron reports a sale of those leases might give assurances to McClendon’s family to hold …

Continue reading »

Latest on Tainted Ethanol Gasoline in Oklahoma

 Latest from the Oklahoma Corporation Commission regarding the issue of gasoline with too much ethanol that was supplied to numerous gasoline stations in the state last week. Below is the latest list of retailers and other entities identified by Magellan Midstream Partners  as receiving fuel that is being recalled by Magellan Midstream Partners. Please note …

Continue reading »

Highest Labor Day Holiday Travel in 8 Years Expected This Weekend

 Based on a recent online survey, AAA says it expects 411,000 Oklahomans to travel 50 miles or more from home over the long Labor Day weekend, the most since 2008. The survey’s results indicate 95.6 percent of travelers will drive to holiday destinations and 4.4 percent will fly. Nearly 27 percent of those surveyed said …

Continue reading »

Man Admits to Stealing Oilfield Explosives in North Dakota

A man in North Dakota has signed a plea agreement with the government after he was arrested in May and charged with storing 200 explosives stolen from two oil and gas companies in the state. Prosecutors in Fargo say Tyler Porter used a cutting torch to open padlocked bunkers and steal the explosives. When they …

Continue reading »