Kansas grabbed a lot of the headlines in this week’s release of the first quarter 2017 Market report from the American Wind Energy Association. The report showed Kansas finished behind only Texas in new wind installations during the quarter. Nearly 500 MW of new in-state capacity came online and the state will soon top 5,000 …
May 2017 archive
Governor Says Gross Production Tax Hike is On the Table Along With Other Ideas
“The fact is, you cannot lock up votes and say ‘unless you give me 100% of everything I want, I’m gonna take my toys and go home’, you just can’t do that.” It’s how Gov. Mary Fallin describes the growing battle between Republicans and Democrats in the legislature over how to resolve the state’s …
Continental Reports Flat First Quarter Earnings
Oklahoma City-based Continental Resources, Inc. announced Wednesday that it had a net income of $0.47 million, or $0.00 per diluted share, during the first quarter of 2017. “Relative to 2017 guidance, we are ahead on production, under on CAPEX and expect to be at the top-end or better than our production guidance for the year,” said Harold Hamm, Continental’s Chairman …
Williams Reports $373 Million in Net Income for First Quarter of 2017
Tulsa-based Williams is reporting net income of $373 million in the first quarter of 2017, which is sharply contrasted to last year’s net loss of $65 million reported just one year ago. The company said that’s an increase of $438 million. “Our consolidation of operating areas from five to three became effective in first-quarter 2017 – …
Crude Oil Settlements Rise on Wednesday as Government Data Reveals Decline in Supply
Domestic oil prices settled with a slight gain on Wednesday after government data confirmed that domestic crude supplies dropped, according to Bloomberg MarketWatch. The decrease was much less than the market anticipated. June West Texas Intermediate crude rose 16 cents, or 0.3%, to settle at $47.82 a barrel on the New York Mercantile Exchange. On the …
Completion Reports May 4, 2017
KINGFISHER COUNTY Chaarral Energy Llc Mississippian(ex Chester): Oil 175 Gas 126 Water 1338 Flow Via Gas Li 18 16N 5W Mario 1605 1umh-18, February 20, 2017 HH, OIL, TD: 12090 ft Lat: 35.85701, Long: -97.77656 API: 35073254330000 Chaparral Energy Llc Mississippian(ex Chester): Oil 363 Gas 389 Water 1667 Flow Via Gas Li 18 16N 5W …
Permits to Drill May 4, 2017
Blaine County PHENIX 27-16N-11W #3H, February 01 2017 27 16N 11W SESWSESE API: 01123736 Lat: 35.82740367608136, Long: -98.35146021591797 DEVON ENERGY PRODUCTION CO LP HH, AM, 15738 ft, MISSISSIPPIAN(9705) Blaine County COWBOY SWD #2, May 03 2017 29 16N 10W NENESENE API: 01123794 Lat: 35.836963566231276, Long: -98.27882940625699 S & S STAR OPERATING LLC SH, DR, …
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