A week after emerging from Chapter 11 bankruptcy, Oklahoma City-based Seventy Seven Energy Inc. reported a second quarter net loss of $84.5 million and total revenues of $138.1 million. The total revenue represented an eleven percent drop compared to the $155.4 million in revenues in the first quarter of 2016. It is also a 53 …
Gasoline prices have bounced back upward a few more cents in Oklahoma, raising the state’s average this week to $1.97 a gallon, an increase of four and a half cents over the past week, according to AAA Oklahoma. Lawton has the lowest average at $1.90, an increase of 4 cents over the last several days. …
Vancouver-based Jericho Oil Corporation announced its joint venture affiliate, Eagle Road Oil, LLC, has signed an agreement to acquire operated and non-operated producing wells and drillable leaseholds in central Oklahoma for a cash consideration of $3.951 million, according to a company press release. Jericho will receive a cash consideration of $1.975 million. The agreement is …
The Williams Companies and Williams Partners announced an agreement on Monday to sell their Canadian businesses to Calgary-based Inter Pipeline for over $1 billion. The sale includes extraction and processing facilities in the Alberta oil sands as well as nearly 260 miles of pipelines. Inter Pipeline’s purchase will allow the company to expand its natural …
International pipe manufacturer Welspun Tubular and Diamond Pipeline LLC announced on Monday that Welspun received a $47 million order to assist with construction of a 440-mile 20-inch pipeline that will carry domestic sweet crude from the Cushing, Oklahoma storage facility to Valero’s refinery located in Memphis, Tennessee. The $900 million Diamond Pipeline will be capable …
Oil futures jumped on Monday as OPEC announced it will meet at the 15th International Energy Forum in Algeria next month in order to discuss how to bring stability to the volatile crude oil market, according to Bloomberg MarketWatch. September West Texas Intermediate crude rose $1.22, or 2.9%, to settle at $43.02 a barrel on …
DEWEY COUNTY Tapstone Energy Llc Mississippian(10460): Oil 78 Gas 2584 Water 3562 Flow 27 19N 20W Salisbury 27-19-20 1h, July 07, 2016 HH, GAS, TD: 17838 ft Lat: 36.08726, Long: -99.32667 API: 35043234570000 GRADY COUNTY Citizen Energy Ii Llc Mississippian: Oil 544 Gas 1942 Water 1077 Flow 29 10N 5W Osborn 1h-19, November 14, 2015 …
Ellis County WORD #1-31H, August 08 2016 30 18N 24W SESWSWSW API: 04523621 Lat: 35.999307071910934, Long: -99.8082453996676 PPP PETROLEUM LP HH, DR, 14157 ft, CLEVELAND(9319) Jackson County CANAM #13, February 01 2016 13 1N 20W SENWNWSW API: 06520292 Lat: 34.55700428312255, Long: -99.2616278636004 FULCRUM EXPLORATION LLC SH, AM, 3400 ft, PERMIAN GRANITE WASH(810), CISCO(1500), CANYON(2040), STRAWN(2360), …
The 5th annual Tri-State Oil and Gas Convention is close at hand in Woodward and even chairman Junior Long is surprised it is a sell-out, considering what’s happened to the oil and gas industry over the past year. “It does a little bit,” he admitted in an interview with OK Energy Today. “But the activity …
The Oklahoma Department of Environmental Quality (DEQ) hereby announces an opportunity to comment on and request a public hearing on the Regional Haze Five Year Progress Report, a State Implementation Plan (SIP) revision. The hearing, if one is requested, will be held on Tuesday, September 6, 2016 from 9:00 a.m. to 11:00 a.m. in the …
