2016 archive

1,000 barrel Oil Well in Garvin County

Houston, Texas-based Marathon Oil reports some success in southern Oklahoma with a more than 1,000-barrel-a-day well. The latest completion reports, as published on OK Energy Today, shows Marathon hit the well about 7 miles southeast of Lindsays.
The…

Continue reading »

Energy Index—Worst Yet to Come

“The worst of this economic period still lies in the future.” Dr. Russell Evans.

Another report suggests Oklahoma’s oil and gas industry is struggling in the downturn. The Oklahkoma Energy Index continues its downward trend and the correlation b…

Continue reading »

Slowing Demand in China Sends Crude Prices Lower Tuesday

U.S. crude prices slipped below $36 a barrel on Tuesday as worries about slowing demand trumped rising Middle East tensions. February West Texas Intermediate crude shed 79 cents to settle at $35.97 a barrel on the New York Mercantile Exchange. On the L…

Continue reading »

Energy Patch States At Risk to See Home Prices Fall

A mortgage market review indicates Oklahoma housing prices can be expected to stay about the same level as they were in 2015, while other energy producing states could be facing a slide in prices. The Arch Mortgage Insurance Company (Arch MI) Winter 20…

Continue reading »

Completion Reports January 6 2016

03610_Completion_Reports_January_6_2016.htm
   

Continue reading »

Permits to Drill January 6 2016

03609_Permits_to_Drill_January_6_2016.htm
   

Continue reading »

Judge Won’t Dismiss Prague Earthquake Lawsuit

A Lincoln County District Court Judge has refused to dismiss the lawsuit filed against two energy companies accusing them of causing the 5.6 magnitude 2011 earthquake that damaged homes and businesses and injured some residents in Prague.
Judge …

Continue reading »

Judge Won’t Dismiss Prague Earthquake Lawsuit

A Lincoln County District Court Judge has refused to dismiss the lawsuit filed against two energy companies accusing them of causing the 5.6 magnitude 2011 earthquake that damaged homes and businesses and injured some residents in Prague.
Judge Cynthi…

Continue reading »

Gasoline Prices Keep Slipping in Oklahoma

Gasoline prices in Oklahoma continue falling across the state as the new statewide average stands at $1.75 a gallon, according to AAA Oklahoma. Bartlesville has the cheapest gasoline in the state with an average price of $1.63, a decline of a dime a ga…

Continue reading »

Mustang Oilfield Injection Well Fight Heads to Trial in Late February

A trial date has been set for late February in the fight by Mustang residents against the efforts of Dallas-based Mid-Con Energy to create 15 injection wells in a waterflood project to recover oil from an old oilfield site near the city.
Residen…

Continue reading »