Crude oil futures rebounded on Friday — making up ground for a near 5% loss from Thursday — as investors reconciled their disappointment in OPEC’s less aggressive production cut, according to Bloomberg MarketWatch. July West Texas Intermediate crude added 90 cents, or 1.8%, to settle at $49.80 a barrel on the New York Mercantile Exchange. For …
May 28, 2017 archive
Completion Reports May 29, 2017
BLAINE COUNTY Chesapeake Operating Llc Mississippi Solid(8833): Oil 340 Gas 2688 Water 1154 Flow 3 17N 10W Columbus 34&27-18-10 1h, March 26, 2017 HH, OIL, TD: 19315 ft Lat: 35.98495, Long: -98.24769 API: 35011237190000 DEWEY COUNTY Iochem Corporation 11 19N 19W Snyder 1, November 02, 2016 null, INJ, TD: 10035 ft Lat: 36.13183, Long: …
Permits to Drill May 29, 2017
Carter County CAROL #1-15, May 26 2017 15 3S 2E SWNWSESW API: 01926275 Lat: 34.2910531773876, Long: -97.08524647124175 HERITAGE EXPLORATION LLC SH, DR, 3200 ft, SURF-DEESE(1), DEESE(1180) Coal County MCENTIRE #4-35/2H, March 29 2016 35 2N 11E NWNENWNE API: 02921334 Lat: 34.607114811783006, Long: -96.11607125706172 BRAVO ARKOMA LLC HH, AM, 21650 ft, CANEY(10668), WOODFORD(10818) Garfield County …
Oil and Gas Industry Feels Breaking of State Promises Just Like Wind Industry
The wrap-up of the 2017 session of the Oklahoma legislature resulted in a bitter response from some oil and gas groups who complained that for the third consecutive year, the oil and gas industry will see tax increases. “The oil and natural gas industry is the single largest tax contributor to the state budget, and …
Rig Counts Grew Again in Past Week
The oil and gas rig counts in Oklahoma and across the nation increased again in the past week with a nationwide count growing by 7 to reach 908. Oklahoma’s count increased by one to reach 123 working oil and gas rigs. Figures from Baker Hughes Company of Houston, Texas and the Red Top Rig report …
