Oklahoma City-based Continental Resources Inc. recently sold 30,000 acres of land in the Oklahoma SCOOP, a sale that boosted the SCOOP efforts of Casillas Petroleum Resource Partners LLC. Casillas is a partnership formed earlier in the year by Tulsa producer Casillas Petroleum Corp. and Kayne Anderson Capital Advisors LP, a Los Angeles private equity firm. …
Halliburton’s reporting what some call an “unexpected profit” in its third quarter results, this after the company was relieved of charges over its failed merger with Baker Hughes Inc. The company posted a profit of $6 million for the September quarter, or a penny a share. That compares with a loss of $54 million a …
The Kansas Corporation Commission has warned it might be inclined to stop the merger of Great Plains Energy Inc. and Westar Energy Inc. unless more details are provided. The warning came in a Tuesday meeting of the KCC as it explored the $12.2 billion sale of Topeka-based Westar Energy to Great Plains Energy, according to the …
A restructuring of an agreement between Williams Partners and Crestwood Equity Partners with Chesapeake Energy has been announced on the natural gas gathering and processing services in the Powder River Basin in Wyoming. Williams Partners L.P. of Tulsa and Crestwood Equity Partners L.P. of Houston, Texas are 50/50 joint venture partners in the Bucking Horse natural …
A damning report on the 2013 deadly explosion at a Williams Company Olefins plant in Louisiana has been issued by the U.S. Chemical Safety Board, a report that said a poor “safety culture” led to the blast that killed two workers in Geismar, Louisiana. “The report concludes that process safety management program deficiencies at the Williams …
Tulsa-based NGL Energy Partners LP and its wholly owned subsidiary NGL Energy Finance Corp. announced Wednesday that they have priced a private offering of $700 million aggregate principal amount of 7.50% senior notes due 2023, representing an upsize from the previously announced private offering of $400 million aggregate principal amount of senior notes. NGL expects to use the net proceeds of this offering …
Oil traders finally got the long awaited news of a surprise massive drop in crude oil stockpiles resulting in a 15-month high settlement on Wednesday, according to Bloomberg MarketWatch. November West Texas Intermediate crude soared $1.31, or 2.6%, to settle at $51.60 a barrel on the New York Mercantile Exchange, marking its highest settlement since July …
ALFALFA COUNTY Chesapeake Operating Llc 33 28N 9W Thames 33-28-9 Swd 1, September 02, 2016 DH, DISP, TD: 7973 ft Lat: 36.85563, Long: -98.17986 API: 35003224090002 BLAINE COUNTY Cimarex Energy Co Mississippian: Oil 723 Gas 2414 Water 794 Flow 11 15N 11W Lehman 1-11h, August 21, 2016 HH, OIL, TD: 16001 ft Lat: 35.78362, …
Cleveland County BARBOUR #2-34, October 19 2016 34 8N 2W NESENWNE API: 02721493 Lat: 35.12892635505315, Long: -97.39381432029225 OKLAND OIL COMPANY SH, DR, 7800 ft, DEESE 1(6750), DEESE 2 6825 7(HUNTON), DEESE 3(6960), HART(7030), DEESE 5 (OSBORN)(7120), PENN BASAL(7200) Ellis County BERRYMAN #1H-24, October 19 2016 25 18N 23W NWNWNENE API: 04523624 Lat: 36.01319321702167, Long: -99.60001436030659 …
To hear Devon Energy’s Dave Hager put it, the oil and gas industry is just in the early stages of its technological developments that get the credit for the nation’s massive oil and gas renaissance. “We are just in the early innings on this type technology,” Hager told those attending a Society of Exploration Geophysicists …
