Oil futures settled higher Monday as they received a boost after data revealed that crude oil supplies fell by more than 1.2 million barrels as of the week ending September 9, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude tacked on 41 cents, or 0.9%, to settle at …
September 2016 archive
Completion Reports September 13, 2016
ELLIS COUNTY Ppp Petroleum Lp Cleveland(9767): Oil 46 Gas 1543 Water 1516 Flow 29 17N 23W Usa 5-29h, August 07, 2016 HH, GAS, TD: 14720 ft Lat: 35.91234, Long: -99.66815 API: 35045236050001 LINCOLN COUNTY Danick Operating Usa Inc Oswego(3440): Gas 20 Pump Prue(3510): Oil 8 Gas 60 Pump 8 16N 5E Otto Harrison 5, November …
Permits to Drill September 13, 2016
Blaine County YOST 2-15N-10W #1H, September 12 2016 02 15N 10W SESESESE API: 01123651 Lat: 35.79863838307033, Long: -98.22587363542401 DEVON ENERGY PRODUCTION CO LP HH, DR, 14718 ft, MISSISSIPPIAN(9122) Carter County OIL CITY UNIT #43, September 09 2016 27 3S 2W NWSWSWSE API: 01926229 Lat: 34.261255937966745, Long: -97.39547434619698 KODIAK OIL & GAS INC SH, DR, 1500 …
Trump Fundraiser in Norman Hosted by Oklahoma Energy Dignitaries
Republican presidential candidate Donald J. Trump is scheduled to attend a campaign fundraiser in Norman on Saturday, September 17 near the University of Oklahoma campus. The venue isn’t listed on the invitation but it will be within walking distance of the OU campus, where the No. 14-ranked Sooners will host the No. 3-ranked Ohio State …
WTI, Brent Crude End Lower on Friday, Higher for the Week
Oil futures repeated a similar pattern for the last few weeks on Friday, settling lower for the day but higher for the week, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell $1.74, or 3.7%, to settle at $45.88 a barrel. For the week, WTI saw a gain of …
WPX Energy Files Fraud and Trademark Infringement Lawsuit Against Impostor
Tulsa-based WPX Energy filed a federal lawsuit Tuesday against an unknown individual for trademark infringement and related fraud, according to a report in The Tulsa World. The suit was filed in the U.S. District Court for the Northern District of Oklahoma against John Doe, an unknown defendant. The lawsuit alleges that the scammer intentionally violated …
ODOT Promotes Siv Sundaram to Environmental Programs Division Engineer
The Oklahoma Department of Transportation recently named Siv Sundaram as the agency’s Environmental Programs Division Engineer. In her new role, Sundaram will be responsible for integrating environmental considerations and regulatory requirements into ODOT’s transportation programs and operations. Sundaram was hired by ODOT in 1994 as a Professional Engineer where she worked in the Local Government …
BH Rig Count: Oklahoma Loses Four Rigs
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 …
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 …