2016 archive

20th Annual Oklahoma Oil and Gas Expo Set for Thursday

“Networking is priceless. Can’t put a value on it, especially right now. It’s a great show, it really is.”  Pat Brown, on SOER’s 20th annual Expo.   From small operators to large producers, they will gather Thursday in Oklahoma City for the 20th annual Oklahoma Oil and Gas Expo.  And Bristow independent oilman Pat Brown, …

Continue reading »

New Dominion’s Earthquake Related Lawsuit Against Lloyd’s of London Moved to New York

Tulsa-based New Dominion recently won a judge’s decision to move one of its earthquake-related lawsuits from Oklahoma to New York. The energy company, sued for the 2011 earthquake in Prague turned around and filed suit last spring in Tulsa against Lloyd’s of London, trying to force the insurer to pay for property damage. Dominion argued …

Continue reading »

Natural Gas Drilling Resumes in Arkansas’ Fayetteville Shale Play

  In Arkansas, there is some excitement since the first natural gas drilling rig in the state since the end of 2015 has gone up in the Fayetteville Shale play. KUAR radio, a National Public Radio affiliate in Little Rock reports the rig is believed to be operated by Houston-based Southwestern Energy. The company reported last …

Continue reading »

Governors Want National Energy Policy in Political Debate

From the Associated Press in Little Rock. Oklahoma Gov. Mary Fallin and Arkansas Gov. Asa Hutchinson agreed when they spoke Monday at the Interstate Oil and Gas Compact Commission‘s annual conference that energy policy needs to be included in the national political debate. But the two governors disagreed on a controversial transmission line project that …

Continue reading »

Tulsa’s NGL Acquires Port Comfort, Texas Terminal and Assets from Pelorus

Tulsa-based NGL Energy Partners LP announced on Tuesday that it acquired a crude oil and condensate marine terminal project and related assets from Pelorus Terminal: Point Comfort, LLC. The Terminal is located at the port in Point Comfort, Texas. The acquisition includes 350,000 shell barrels of storage capacity, multiple truck unloading bays and capabilities of loading both inland and ocean …

Continue reading »

WTI, Brent Climb Higher on Monday Following Volatile Session

Crude oil futures climbed higher on Monday following a volatile session in which traders weighed the potential outcome of OPEC’s production agreement on current surplus levels, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 57 cents, or 1.2%, to settle at $48.81 a barrel, after touching lows under …

Continue reading »

Completion Reports October 4, 2016

  KINGFISHER COUNTY Hinkle Oil & Gas Inc 17 17N 5W Horn Swd 1a, August 26, 2016 SH, DISP, TD: 8100 ft Lat: 35.95529, Long: -97.76412 API: 35073253170001 Staghorn Petroleum Llc Miss’an (ex Chester): Oil 876 Gas 1251 Water 1301 Flow 33 18N 9W Bighorn 18-09-33 1h, August 27, 2016 HH, OIL, TD: 13251 ft …

Continue reading »

Permits to Drill October 4, 2016

Creek County CANADY #2-A, October 03 2016 14 16N 8E CS2S2SE API: 03729350 Lat: 35.85806153775585, Long: -96.4270771247525 LUKE OIL COMPANY SH, DR, 3800 ft, HOGSHOOTER(1100), LAYTON(1275), JONES /SD/(1750), OSWEGO(2150), PRUE(2300), SKINNER(2450), RED FORK(2600), BARTLESVILLE(2800), DUTCHER(3150) Kingfisher County STITT 7-17-6 #2H, October 03 2016 07 17N 6W NENWNENE API: 07325389 Lat: 35.970242172239395, Long: -97.87505362129068 CHESAPEAKE OPERATING …

Continue reading »

Gasoline Hits $2.05 Average in Oklahoma

A slight drop in gasoline prices was reflected over the past week in Oklahoma as the statewide price average hit $2.05 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma.  The average is nearly the same as reported on Sept. 22,  Aug. 20, July 5 and May 19. “Gas prices are playing …

Continue reading »

October 13 Designated as Oilfield Prayer Day in Oklahoma

Governor Mary Fallin has issued an Executive Proclamation designating October 13 as Oilfield Prayer Day to raise awareness about the state’s distressed energy industry, according to a report by The Oklahoman. An annual breakfast is slated at the Tower Hotel (formerly the Marriott Hotel), 3233 Northwest Expressway in Oklahoma City. The event will conclude with …

Continue reading »