Crude oil prices reversed course and settled higher on Thursday, buoyed by renewed confidence surrounding the recent OPEC deal to cut production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude rose 34 cents, or 0.7%, to settle at $51.38 a barrel. Thursday marks the expiration of January crude oil …
December 15, 2016 archive
Completion Reports December 16, 2016
CREEK COUNTY Welch Energy Llc Dutcher: Oil 40 Pump 5 18N 7E Yargee 4, August 29, 2016 SH, OIL, TD: 2908 ft Lat: 36.07400, Long: -96.60133 API: 35037293450001 DEWEY COUNTY Mewbourne Oil Company 16 17N 16W Blue Star 16 Swd 1, November 30, 2016 SH, COMM, TD: 6105 ft Lat: 35.94369, Long: -98.91175 API: …
Permits to Drill December 16, 2016
Beckham County CYNTHIA 16-11-25 #1HA, December 15 2016 21 11N 25W NWNENWNW API: 00921983 Lat: 35.42141448558902, Long: -99.85581198391368 FOURPOINT ENERGY LLC HH, DR, 16950 ft, MISSOURIAN(11754) Blaine County SEQUOIA 11_2-15N-12W #1HX, December 15 2016 11 15N 12W SWSWSWSW API: 01123694 Lat: 35.78385039872814, Long: -98.45407116216344 DEVON ENERGY PRODUCTION CO LP HH, DR, 21738 ft, MISSISSIPPIAN(10365), …
SemGroup Selects Thomas R. McDaniel as New Chairman Following Retirement of John Chlebowski
Tulsa based SemGroup Corporation announced the retirement of Chairman John F. Chlebowski from its Board of Directors effective December 31, 2016. He will be succeeded by Director Thomas R. McDaniel effective January 1, 2017. “For the past seven years, I’ve had the distinct pleasure of leading SemGroup’s Board of Directors as we’ve challenged each other …
Corbett to Chesapeake Board of Directors
Chesapeake Energy has added Luke R. Corbett to its Board of Directors. The Oklahoma City-based company said the appointment was effective Dec. 14 and Corbett will serve as a member of the Audit Committee and the Nominating, Governance and Social Responsibility Committee. Corbett will also stand for re-election at the 2017 annual meeting of shareholders …
State Ag Secretary Says Pruitt’s a Good Pick to be EPA Chief
Add Oklahoma Agriculture Secretary Jim Reese to the list of those supporting Donald Trump’s nomination of Attorney General Scott Pruitt to be the next leader of the Environmental Protection Agency. Reese issued a statement this week saying the ultra-green environmental groups won’t get the Armageddon they predict “It won’t be Armageddon, but a major dust …
Senators Targeted to Block Pruitt’s EPA Nomination
Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt promises to be one of the more controversial confirmation hearings in his new administration and opponents have already laid out their plans. For instance, the Sierra Club has started a five-figure, online ad campaign in a bid to convince seven Republican and three moderate Democratic Senators …
Smithsonian Magazine Targeted by Greens
Environmentalists aren’t just critical of oil and gas and coal operations in Oklahoma and across the country, but now one group has targeted Smithsonian magazine. It’s considered one of the nicest slick-magazine productions in the country. But Green America contends Smithsonian’s 19 million magazines produced a year should be printed on recycled paper, a move …
Gulfport Energy SCOOPS Up Large Acreage for $1.85 Billion in Cash and Stock
There’s a new player in the Oklahoma SCOOP. Oklahoma City-based Gulfport Energy Corporation announced Wednesday that it will acquire nearly 46,400 net surface acres in the core of the Oklahoma SCOOP play from Quantum Energy Partners for a total purchase price of $1.85 billion. The agreement with Vitruvian II Woodford, LLC, a portfolio company of …
AAA Oklahoma: Sooner State Has Lowest Gas Prices in the U.S.
Oklahoma now has the cheapest gas in the nation. After steadily rising to nearly $2 a gallon, Oklahoma’s average price for regular self-serve gasoline fell by three cents over the last five days to a statewide average $1.96 per gallon, according to a report issued Tuesday by AAA Oklahoma. “Globally, oil producers appear committed to …