CARTER COUNTY Continental Resources Inc Woodford(14817): Oil 84 Gas 2797 Water 4613 Flow 8 3S 3W Gallaway 1-8-7xh, October 24, 2016 HH, GAS, TD: 23892 ft Lat: 34.30424, Long: -97.52825 API: 35019262220000 HUGHES COUNTY Jones Douglas Q Llc Lower Booch: Oil 26 Water 212 Pump 19 5N 9E Prentice 1-19bh, November 08, 2016 HH, …
April 21, 2017 archive
Permits to Drill April 24, 2017
Blaine County HR POTTER 1511 #1-3-34MXH, October 28 2016 03 15N 11W SWSWSWSW API: 01123675 Lat: 35.79819000256767, Long: -98.36562487588044 MARATHON OIL COMPANY HH, DR, 21362 ft, MISSISSIPPI(9889) Blaine County FISHER BIA 1511 #1-28-33MXH, April 21 2017 33 15N 11W SESESESE API: 01123785 Lat: 35.72584760013371, Long: -98.36712238069116 MARATHON OIL COMPANY HH, DR, 19926 ft, MISSISSIPPIAN(10600), …
SCOOP Produces Massive Gas Well
It wasn’t just the nearly 900 barrels of oil equivalent a day that came out of a Grady county well that no doubt got the attention of the developers. It was the nearly 16,000 Mcf of natural gas being produced on a daily basis. The Lynda well in the SE Cana Field of the SCOOP …
Legislative Impact on Energy Industry?
With five weeks remaining in the Oklahoma legislative session, a lot could still happen regarding measures affecting energy in the state. House Speaker Charles McCall told reporters Thursday he still believes the house is ahead of schedule, despite the recent death of Broken Arrow Rep. David Brumbaugh. When asked about any changes or prospects for …
Growing Claims Over Loss of Existing Wells Due to Horizontal Drilling
No letup in the growing dispute between the horizontal oil and gas drillers and those who contend the horizontal wells are taking from their existing vertical wells. Members of the new group called Oklahoma Energy Producers Association are making claims of wells lost to the horizontal drilling operations. One unconfirmed report claims hundreds of older …
Increased Dividend Announced by ONEOK
The same week ONEOK Inc. announced formation of a $2.5 billion revolving credit facility, the Tulsa-based company’s board of directors declared a quarterly dividend of 61.5 cents a share. In Friday’s announcement, the board said the declaration would result in an annualized dividend of $2.46 a share and is payable May 15, 2017 to shareholders …
Expansion of State’s Earthquake Monitoring System Coming
As Oklahoma Geological Survey Director Dr. Jeremy Boak told OK Energy Today recently, he’s working on perhaps getting someone beside the legislature to help finance the purchase of additional equipment to monitor Oklahoma’s earthquakes. Since he doesn’t expect any funding from the legislature this year, he will look to the energy industry as well as …
BP May Unload Non-Core Canadian Joint Venture Stake with Devon Energy
London-based petroleum giant, BP, may sell its stake in a joint venture asset operated by Devon Energy Corporation as it seeks to divest three Canadian projects, according to a Reuters report issued on Thursday. The company is focused on eliminating non-core assets in order to direct capital back into targeted play areas generating greater returns …
Jeff Ritenour Promoted to Chief Financial Officer at Devon Energy
Oklahoma City-based Devon Energy Corp. has a new CFO. Jeff Ritenour, who most recently served as Devon’s senior vice president of corporate finance, investor relations and treasurer, was elected to the new post by the board on Wednesday. “I want to congratulate Jeff on his well-deserved promotion to executive vice president and CFO,” said Dave Hager, …
Brent Crude Up, WTI Down as Oil Futures Yield Mixed Results on Thursday
Crude oil prices finished with mixed results on Thursday, as light, sweet, crude continued to fall while Brent crude moved higher, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, May West Texas Intermediate crude fell 17 cents, or 0.3%, to settle at $50.27 a barrel. The May futures contract expired at the session’s end. …
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