September 20, 2016 archive

WTI Settles Higher, Brent Lower on Volatile Tuesday

West Texas Intermediate crude oil futures ended higher on Tuesday while Brent crude traded slightly lower as investors awaited weekly data to substantiate the anticipated rise in crude oil inventories, according to Bloomberg MarketWatch. October West Texas Intermediate crude rose by 14 cents, or 0.3%, to settle at $43.44 a barrel on the New York Mercantile …

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New SCOOP Pipeline is Joint Venture Between Velocity Midstream and Wynnewood’s CVR Refining

A Tulsa pipeline company and a Wynnewood refinery operator are collaborating on an oil pipeline to serve operators in Oklahoma’s SCOOP play, according to a report by The Oklahoman. Velocity Midstream Partners LLC and CVR Refining LP announced Monday that two of their subsidiaries will form a joint venture to build a pipeline and terminal …

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Permits to Drill September 21, 2016

  Blaine County WOLFE 33-16N-11W #1, September 20 2016 33 16N 11W N2S2S2S2 API: 01123653 Lat: 35.820936646822716, Long: -98.37539939964483 DEVON ENERGY PRODUCTION CO LP SH, DR, 11656 ft, MISSISSIPPIAN(9942), WOODFORD(11561), HUNTON(11656) Canadian County CARPENTER #1H-11-14, September 20 2016 11 10N 6W NENENENE API: 01724939 Lat: 35.36212046470639, Long: -97.7961114883163 CITIZEN ENERGY II LLC HH, DR, 19200 …

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Completion Reports September 21, 2016

  GARFIELD COUNTY Chaparral Energy Llc Mississippian: Oil 433 Gas 1206 Water 1161 Flow 3 21N 5W Redwood 2105 1mh-3, December 17, 2015 HH, OIL, TD: 10750 ft Lat: 36.33172, Long: -97.72701 API: 35047249850001 Sandridge Exploration & Production Llc Mississippi Lime(6424): Oil 319 Gas 721 Water 5095 Pump 22 24N 7W Richey 2407 1-21h, August …

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Houston Energy Company Hits it Big in Grady County

  Three massive gas and oil wells have been reported in Oklahoma’s Grady County by the Houston, Texas energy firm, Vitruvian Li Woodford LLC. One of the wells had 18,555 Mcf of gas at its site located east of Rush Springsl The Anita Fowler also produced 377 barrels of oil a day. It had a …

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Corporation Commission Hangs Up on Phone Company’s Funding Request

  The Oklahoma Corporation Commission on Tuesday sent a warning to public utilities who have been receiving millions of dollars through the controversial Oklahoma Universal  Fund. Members voted 2-1 to deny the request of the Medicine Park Telephone company for more funds from the program. Commissioners Bob Anthony and Todd Hiett voted to deny the …

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Believe it or Not! California’s Targeting Cow Farts!

The State of California is going after cattle flatulence…..cow farts!  It’s part of a climate change bill signed into law this week by Gov. Jerry Brown. While the bill targets methane gas and soot, it includes provisions requiring dairy farms to reduce methane gas emissions from cattle and manure by 40% by 2030. “When Noah wanted …

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How American Drivers Wasted $2 billion in Premium Gasoline

A new study by AAA and the Automobile Club of Southern California’s Automotive Research Center claims drivers in the U.S. wasted more than $2.1 billion over the last year by using premium-grade gasoline in cars and trucks that are designed to run on regular fuel. The study was prompted after AAA learned 16.5 million drivers …

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Oklahoma Gasoline Prices Continue to Fall, Reaching $2.03 a gallon average

Gasoline prices have dropped back down to a new statewide average of $2.03 a gallon in Oklahoma according to AAA Oklahoma.  That’s 12 cents lower than the $2.15 range reported over the past few months. It’s also 4 cents a gallon cheaper than the price recorded just four weeks ago. Nationally, the average is $2.21 …

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STACK Brings More Success to Devon Energy

Devon Energy’s 2015 investment in 80,000 acres in Oklahoma’s oil-rich STACK play in Blaine, Canadian and Kingfisher counties is paying off as the company reports hitting another well that’s producing nearly 2,000 barrels a day. The “Blue Ox” well is located in Blaine County and south of State highway 3 midway between Kingfisher and Watonga. It …

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