Two small earthquakes were recorded within 11 minutes apart on Tuesday evening in Canadian County. The United States Geological Survey reported a 3.2 magnitude earthquake occurred at 7:10 p.m. on Tuesday, November 1 south of Calumet. The quake’s epicenter was located about nine miles WNW of El Reno, 20 miles WNW of Yukon and 34 miles …
November 1, 2016 archive
Oil Futures Drop on Tuesday as Traders Anticipate Increase in Crude Supply
Crude oil prices continued to free fall on Tuesday, as traders were discouraged with OPEC’s attempts to favorably broker a production output agreement, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude settled at $46.67 a barrel, down 19 cents, or 0.4%, after trading between a low of $46.20 and …
Completion Reports November 2, 2016
CARTER COUNTY Chatham Jimmy R 21 3S 2W Edwards 1, September 20, 2016 SH, DRY, TD: 1015 ft Lat: 34.28440, Long: -97.41462 API: 35019059800001 KINGFISHER COUNTY Chesapeake Operating Llc Oswego(6590): Oil 496 Gas 426 Water 1557 Artificia 4 18N 6W Lightle 4-18-6 1h, September 03, 2016 HH, OIL, TD: 11241 ft Lat: 36.05882, Long: …
Permits to Drill November 2, 2016
Blaine County GILLILAN #2-26-35XH, November 01 2016 26 16N 10W SENENWNW API: 01123676 Lat: 35.84011929231984, Long: -98.23888823097013 CONTINENTAL RESOURCES INC HH, DR, 19710 ft, MISSISSIPPIAN(10052) Blaine County GILLILAN #3-26-35XH, November 01 2016 26 16N 10W SENENWNW API: 01123677 Lat: 35.840119289191506, Long: -98.23878701911859 CONTINENTAL RESOURCES INC HH, DR, 19820 ft, MISSISSIPPIAN(10162) Kingfisher County EAST …
Converting Abandoned Wells into Geothermal Systems
One energy publication in Canada is suggesting the oil and gas industry should take advantage of thousands of its abandoned wells, converting them to geothermal systems. Writing in Alberta Oil, Elizabeth Lappen says it would put drilling and service firms back to work and provide heat and power to those who see the wells as …
Costs Grow for Tribal Members in Their Protest of North Dakota Pipeline
The protest led by Native Americans against the Dakota Access Pipeline in North Dakota has turned into a huge financial challenge for the protesters. Money is being raised and spent and approaching winter will present another kind of challenge for those fighting the $3.8 billion pipeline being built by Texas-based Energy Transfer Partners. A fund …
Small Oil and Gas Operators Await Outcome of Lawsuit Against EPA
Small oil and gas operators in Oklahoma are awaiting the outcome of their legal challenge to new Clean Air act rules from the Environmental Protection Agency that they contend could put them out of business. The Oklahoma Independent Producers Association joined the national group called the Independent Petroleum Association of America in filing a lawsuit …
Experts Still Argue Injection Wells are Causing Oklahoma’s Earthquakes
At a recent legislative study hearing held at the state capitol, one Oklahoma State University professor declared the evidence that oil and gas wastewater injection wells are causing earthquakes is “clear and convincing.” It’s the charge from hydrogeologist Dr. Todd Halihan, who said a lot of published research from Columbia University, the U.S. Geological Survey and other …
Oklahoma Gas Price Average Falls Below $2—–Lowest in the Nation
For the first time since mid-August, the average price of gasoline in Oklahoma dropped below $2 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma. Oklahoma’s new statewide average is $1.99, tied with Missouri for the lowest in the nation. “Although Tulsa’s citywide gas price average today for regular is lower than …
Marathon Oil Turns Out Three Large Wells in Oklahoma’s STACK
The STACK’s latest big hits to be reported to the Corporation Commission are three wells by Houston, Texas based Marathon Oil Company…the largest coming in at more than 2,000 barrels of oil a day. The Marjorie in Blaine County is producing 2,070 barrels a day along with 3,285 Mcf of gas, according to the completion reports …