November 16, 2016 archive

Sharp Rise in Crude Oil Supplies Results in Lower Settlements on Wednesday

Crude oil futures settled above $45 a barrel on Wednesday after posting slight losses for the day, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell 24 cents, or 0.5%, to settle at $45.57 a barrel after a brief spike well above $46. Prices were trading above $45 …

Continue reading »

Completion Reports November 17, 2016

  BLAINE COUNTY Continental Resources Inc Mississippi Solid(9382): Oil 1483 Gas 4159 Water 2590 Flow 22 16N 10W Ludwig 8-22-15xh, September 28, 2016 HH, OIL, TD: 19844 ft Lat: 35.84193, Long: -98.24493 API: 35011235930000 Continental Resources Inc Mississippi Solid(9767): Oil 1721 Gas 4805 Water 2457 Flow 22 16N 10W Ludwig 5-22-15xh, September 29, 2016 HH, …

Continue reading »

Permits to Drill November 17, 2016

  Caddo County KIMBLE #1-16-9XH, November 16 2016 16 12N 13W SESWSESE API: 01523273 Lat: 35.50850237569262, Long: -98.57352134102985 CONTINENTAL RESOURCES INC HH, DR, 27005 ft, MISSISSIPPIAN(16220), WOODFORD(16965) Hughes County RACHEL #4-26/35H, November 16 2016 26 7N 11E SESENESW API: 06324630 Lat: 35.04747543273362, Long: -96.11613748159438 TRINITY OPERATING (USG) LLC HH, DR, 12241 ft, WOODFORD(5875) Hughes County …

Continue reading »

Non-Controversial Pipeline Under Construction in South Texas

While a North Dakota oil pipeline is the focus of hundreds of protesters, another pipeline under construction is moving ahead with little public notice. It’s the $353 million Nueva Era Pipeline and Howard Midstream Energy Partners, LLC of San Antonio just closed on project financing. The project, a nearly 200-mile natural gas pipeline will connect …

Continue reading »

USGS Out With Largest Oil Assessment Ever in Permian Basin

The STACK and the SCOOP might have the interests of energy companies in Oklahoma, and they have certainly attracted some Texas firms in exploring for new shale oil, but the Permian Basin in West Texas remains the nation’s big oil zone. This week, the U.S. Geological Survey announced a new estimate of oil in place …

Continue reading »

Tinker Becomes Maintenance Center for Air Force Global Hawk Drones

Tinker Air Force Base just became home as another maintenance center, this one for some of the huge Global Hawk drones that fly around the world. Partnering with Rolls-Royce, Tinker formally dedicated its operation to carry out the maintenance and overhaul work of the F137 engines that power the drones up to 60,000 feet. The …

Continue reading »

Oklahoma Among States With Highest Water Violations in U.S. in 2015

A recently new report from the firm FluksAqua claimed Oklahoma is among the top 8 states that had the highest water contamination problems reported in 2015. Oklahoma experienced health-based water system violations that affected 19.1% of the state’s population including 69 instances of coliform contamination and 640 instances of disinfection byproducts, according to the report. …

Continue reading »

Continental Resources Reports Success in the STACK

Continental Resources is reporting success in the STACK with two big wells, one producing more than 2,300 barrels of oil a day in Blaine county. The LUDWIG was completed Sept. 25 following a spud date of March 22 and the end of drilling on June 12. Its completion showed production of 2,353 barrels of oil …

Continue reading »

Inhofe: New Methane Rule “Purely Political Move”

U.S. Senator Jim Inhofe (R-Oklahoma) sounded off Tuesday on the Bureau of Land Management’s final rule on methane and oil and gas operations on public and Indian lands. “This purely political move by the Obama administration is a last ditch effort to save the president’s crumbling climate legacy,” said Inhofe. “BLM’s rule on methane and …

Continue reading »

OERB Launches EnergyHQ on Tuesday

The Oklahoma Energy Resources Board announced the launch of its new online platform on Tuesday. EnergyHQ will provide news, research and related content in the U.S. energy industry. The site will focus on the latest technologies, advancements and the people shaping the industry. It is designed as an educational resource for the oil and natural …

Continue reading »