Wind power could provide nearly 20 percent of the world’s electricity supply by 2030 due to significant cost reductions and commitments by nations that pledged to curb carbon emissions, according to a report released by the Global Wind Energy Council in Beijing on Tuesday. Drastic cuts in the price of renewable energies have made wind …
October 22, 2016 archive
Midstates Petroleum Emerges From Bankruptcy, Appoints New Board
Tulsa-based Midstates Petroleum Company, Inc. announced Friday that it has emerged from Chapter 11 bankruptcy protection, eliminating $2 billion of debt and more than $185 million of annual interest expenses, according to a report by The Oklahoman. Midstates’ new capital structure consists of a $170 million revolving credit facility and nearly $75 million in total liquidity. Low …
Oklahoma’s Rig Count Holds Steady…..Nation’s Count grows by 14
While the nation’s oil and gas rig count increased by 14 in the past week, the count in Oklahoma remained at 73 from last week, according to oilfield servicing company, Baker Hughes Inc. of Houston, Texas. The U.S. count reached 553 but is still 234 below last year’s count at this time of 787. So …
Completion Reports October 24, 2016
DEWEY COUNTY Tapstone Energy Llc Mississippian(10151): Oil 218 Gas 3402 Water 2452 Flow 3 19N 20W Mccormick 3-19-20 1h, September 04, 2016 HH, GAS, TD: 16868 ft Lat: 36.14536, Long: -99.31770 API: 35043234610000 GRADY COUNTY Eog Resources Inc Hoxbar(9740): Oil 177 Gas 305 Water 1852 Flow 16 6N 8W Schmidt 16-3h, September 06, 2016 …
Permits to Drill October 24, 2016
Alfalfa County HAWK HAVEN 2710 #1-22H, October 21 2016 21 27N 10W SENENENE API: 00323262 Lat: 36.80997227106599, Long: -98.27207732779182 SANDRIDGE EXPLORATION & PRODUCTION LLC HH, DR, 13350 ft, MISSISSIPPIAN(5205) Ellis County WHITETAIL 14 PA #1HM, April 27 2016 14 19N 26W SWSWSESE API: 04523606 Lat: 36.11595502604216, Long: -99.93854078801333 MEWBOURNE OIL COMPANY HH, DR, 13257 ft, …