September 2016 archive

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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Congress to Investigate Energy Department Intimidation

Some Oklahoma congressmen will be focusing on energy issues as they take part in U.S. House Committee hearings to be held this week. Rep. Markwayne Mullin, a member of both the Subcommittee on Commerce, Manufacturing and Trade and the Subcommittee on Energy and Power will take part in a Thursday joint hearing. It will examine …

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WPX Energy Trims Tulsa Workforce by 41

WPX Energy is trimming its workforce again. The oil and natural gas producer is cutting 41 additional jobs in Tulsa, which represents 6 percent of the company’s workforce, according to an announcement on Monday. The cuts affect service-related positions related to measurement, land, marketing, finance, accounting, human resources and information technology. WPX said it will …

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WTI and Brent Recoup Losses on Monday With Albanian OPEC Meeting Set for Next Week

Oil futures edged slightly higher on Monday, buoyed by Venezuelan reports that suggest a deal to stabilize the global oil supply is imminent between nations inside and outside OPEC, according to Bloomberg MarketWatch. October West Texas Intermediate crude added 27 cents, or 0.6%, to settle at $43.30 a barrel on the New York Mercantile Exchange. November …

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