While state revenue collections are continuing to fall in Oklahoma, tax revenue from oil production is going up according to figures released this week by State Secretary of Finance Preston Doerflinger. General Revenue Fund collections for April missed the official monthly estimate by 12.9 percent and were 4.4 percent below the estimate for the fiscal …
Oklahoma Gov. Mary Fallin will be getting a letter in mail from EPA Administrator Scott Pruitt, if she hasn’t already, asking her advice on how to define which wetlands and small waterways should be covered by the Clean Water Act. Pruitt sent letters this week to governors asking for their “input and wisdom” on how …
Oklahoma’s STACK continues to give up its oil with Oklahoma City-based Chesapeake Operating LLC reporting three new completions in Kingfisher County. (see OK Energy Today.) But there’s growing interest in oil exploration in northwestern Oklahoma. The wells ranged in production from 535 barrels of oil daily down to 384. The two Foster wells, located at …
Three energy groups announced their support of a compromise bill that would expand horizontal drilling by allowing long-lateral drilling operations in all geologic formations. The Oklahoma Oil & Gas Association, Oklahoma Independent Petroleum Association and the Coalition of Oklahoma Surface and Mineral Owners joined together in supporting Oklahoma Senate Bill 867, according to a joint …
After rebounding on Monday, crude oil prices dipped on Tuesday as traders weighed a monthly governmental production forecast and awaited weekly supply reports, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude fell by 55 cents, or 1.2%, to settle at $45.88 a barrel. July Brent crude, the global benchmark, lost …
COTTON COUNTY Butkin Oil Company Llc 4 2S 10W T N Henry 6, April 20, 2017 SH, TA, TD: 2148 ft Lat: 34.41737, Long: -98.25803 API: 35033026110001 GARFIELD COUNTY Sk Plymouth Llc Mississippian(5696): Oil 160 Gas 854 Water 1841 Pump 10 23N 5W O’quin 2-10h, March 12, 2017 HH, OIL, TD: 10770 ft Lat: …
Blaine County WALD RANCH FEDERAL #1-27-22XH, May 09 2017 27 14N 13W S2NESESE API: 01123797 Lat: 35.65473331081946, Long: -98.56229925178546 CONTINENTAL RESOURCES INC HH, DR, 23758 ft, WOODFORD(14138) Canadian County JIMMIE COM #1H-3019X, May 09 2017 30 11N 8W SWSESESE API: 01725012 Lat: 35.39277198841139, Long: -98.07653932311597 CIMAREX ENERGY CO HH, DR, 20412 ft, MISSISSIPPIAN(12268), WOODFORD(12583) …
The U.S. Senate could vote Wednesday whether to trash the Obama administration created rule that targeted methane emissions from oil and gas operations on public lands. It’s what Oklahoma U.S. Sen. Jim Inhofe and others have told Politico’s Morning Energy Report. Here is how ME reported it on Tuesday: INCHING TOWARD METHANE VOTE: The Senate …
The effort by James Adams of Pawnee to sue oil and gas companies he blames for last fall’s 5.8 magnitude earthquake is back in Pawnee county District Court. It was April 12 when a Tulsa federal judge ruled the case should be remanded back to district court and late last month, that’s where Adams and …
A week after Oklahoma City-based Devon Energy announced plans for a $1 billion divestiture of some of its holdings so it could devote more exploration in Oklahoma’s STACK and the Permian Basin in Texas, its sale of 115 miles of natural gas gathering pipeline in Wyoming has been announced. Meritage Midstream Services LLC and its …
