2016 archive

Completion Reports August 19, 2016

CUSTER COUNTY Continental Resources Inc Woodford(14408): Oil 20 Gas 1178 Water 4112 Flow 13 15N 15W Luann 1-13-12xh, May 07, 2016 HH, GAS, TD: 21223 ft Lat: 35.76967, Long: -98.74013 API: 35039224610000 Continental Resources Inc Woodford(15213): Oil 14 Gas 1768 Water 4487 Flow 27 15N 15W Konea 1-27-34xh, May 15, 2016 HH, GAS, TD: 20857 …

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Permits to Drill August 19, 2016

Blaine County GLENWOOD PEARL FIU #1-19H, August 12 2016 19 16N 12W NWSESWSE API: 01123635 Lat: 35.84229817693606, Long: -98.514114533319 CONTINENTAL RESOURCES INC HH, AM, 15857 ft, OSWEGO(8590), MISSISSIPPIAN(11442), HUNTON(11700) Canadian County ML 6-14N-9W #1H, August 18 2016 06 14N 9W SESESESE API: 01724931 Lat: 35.71137268344699, Long: -98.19019294178602 DEVON ENERGY PRODUCTION CO LP HH, DR, 15590 …

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Diamond Pipeline Finalizes Water Protection Agreement With Arkansas Utility

Diamond Pipeline LLC and Clarksville Light and Water Co. announced Wednesday that a $6.6 million deal has been finalized to protect drinking water sources from potential spills, according to an Arkansas Online report. Diamond Pipeline will place $6.6 million in escrow to extend a pipe that feeds a Johnson County, Arkansas water intake facility so …

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Grady County Game Warden Thwarts Oilfield Theft

Two men are facing felony charges of larceny of oilfield equipment and transporting a loaded firearm after allegedly taking batteries and solar panels from an oilfield site in Grady County, according to a Chickasha News report. Colton Robbins of Lindsay and Travis Bunch of Nowata were arrested on charges of larceny of the oilfield equipment, …

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Continental Unloads Non-Strategic Bakken Properties for $222 Million

Oklahoma City-based Continental Resources, Inc. will sell a portion of its non-strategic properties in North Dakota and Montana to an undisclosed buyer for $222 million, according to an announcement issued by the company on Thursday. The sale includes 68,000 acres of leasehold primarily in western Williams County, North Dakota, with 12,000 acres in Roosevelt County, …

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Jones Energy Pays $136.5M for STACK/SCOOP Acquisition

The highly coveted STACK and SCOOP areas have caught the interest of an Austin, Texas independent oil and natural gas company with ties to Oklahoma’s storied past. Jones Energy, Inc. announced on Thursday that it signed a definitive purchase and sale agreement to acquire approximately 18,000 acres primarily in southern Canadian and northern Grady counties …

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Continental Completes New Record-Breaking Well in STACK, New Multi-Well Test Being Planned

As was announced on our Completion Reports for Wednesday, Continental Resources recently completed the Madeline well in Section 9-16N-12W of Blaine County.  The Madeline, which is two miles west of Watonga and two miles north, produced initial production of 2513 barrels of oil and 6148 MCF’s of gas. The Madeline well narrowly nudged Continental’s previous …

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News of Supply Drop Allows Crude Prices to Climb on Wednesday

Larger-than-expected declines in U.S. oil inventories buoyed the crude oil futures market on Wednesday as trading finished higher for the day, according to Bloomberg MarketWatch. September West Texas Intermediate crude rose 21 cents, or 0.5%, to end trading at $46.79 a barrel on the New York Mercantile Exchange. On London’s ICE Futures Exchange, October Brent …

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T. Boone Pickens Boosts Energy Stock Holdings

After proclaiming that America’s oil industry was ‘dead in the water’ earlier this year, billionaire energy investor T. Boone Pickens has changed course and doubled down on energy investments. Energy stocks held by Dallas-based BP Capital Fund Advisors LLC rose by $55 million, or 34%, to $218 million in the second quarter, according to data …

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Permits to Drill August 18, 2016

Blaine County LOOKABAUGH 25_24-15N-11W #1HX, August 17 2016 36 15N 11W NWNWNWNW API: 01123639 Lat: 35.73899530857149, Long: -98.3300962470129 DEVON ENERGY PRODUCTION CO LP HH, DR, 21890 ft, MISSISSIPPIAN(10781), WOODFORD(11968) Blaine County CHISHOLM TRAIL 19_18-16N-9W #1HX, August 17 2016 25 16N 10W SENENENE API: 01123638 Lat: 35.83986936463127, Long: -98.20777612945126 DEVON ENERGY PRODUCTION CO LP HH, DR, …

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