The latest weekly oil and gas rig count revealed a jump in U.S. offshore rigs as the rest of the nation showed minimal growth, according to Baker Hughes. Oklahoma’s count fell by 4 in the past week to reach 62 compared to 106 a year ago. The nation’s rig count rose by 11 to reach …
September 10, 2016 archive
McClendon Probate Judge Approves Land Sale to Jones Energy, Inc. for $136.5 Million
An Oklahoma County probate judge approved a significant land sale in the estate of oil tycoon Aubrey McClendon on Friday. Judge Richard Kirby approved Texas-based Jones Energy, Inc.’s purchase agreement to acquire 18,000 acres primarily in southern Canadian and northern Grady counties for $136.5 million from the estate. Details of the sale were reported on …
SandRidge Bankruptcy Plan Confirmed
SandRidge Energy Inc. announced Friday that its Chapter 11 reorganization plan was confirmed, allowing the company to exit bankruptcy proceedings within 30 days. The Oklahoma City-based company had nearly $7 billion in assets when it filed a pre-packaged bankruptcy plan in south Texas on May 16 to restructure $3.7 billion of the company’s $4.4 billion …
Completion Reports September 12, 2016
CREEK COUNTY Chizum Oil Llc Gilcrease(3300): Gas 100 Flow 18 15N 8E Lizzie Starr 1-18, November 20, 2015 SH, GAS, TD: 3940 ft Lat: 35.78150, Long: -96.50241 API: 35037288620002 Chizum Oil Llc Gilcrease(3300): Gas 120 Flow 18 15N 8E Aundres 3-18, February 19, 2016 SH, GAS, TD: 4000 ft Lat: 35.78150, Long: -96.49980 API: 35037293310000 …
Permits to Drill September 12, 2016
Blaine County MCKINLEY BIA 1312 #1-4-33MXH, September 09 2016 04 13N 12W S2SWSWSE API: 01123650 Lat: 35.624637233802964, Long: -98.4803088477811 MARATHON OIL COMPANY HH, DR, 22826 ft, MISSISSIPPIAN(13134), WOODFORD(14954) Kingfisher County LULA #1H-16X, September 09 2016 21 17N 9W SWSWSWSW API: 07325372 Lat: 35.92809219719494, Long: -98.17375399654536 NEWFIELD EXPLORATION MID-CON INC HH, DR, 19512 ft, MISS’AN (EX …