May 2017 archive

Expanded Lateral Drilling Bill Wins Senate Support

The bill allowing multiunit drilling in all rock formations in the state, one supported by the Oklahoma Independent Petroleum Association won approval Saturday in the State Senate. Senate Bill 867, approved by the House of Representatives Joint Committee on Appropriations and Budget Committee on Friday won support in the Senate on a 26-19 vote. It …

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Continental Scores Two Major Wells in SCOOP

  Oklahoma’s SCOOP yielded two sizeable wells for Oklahoma City-based Continental Resources. Both are producing more than 1,000 barrels of oil a day. The largest Continental well is the Trammell at 11 6N 6W located about 9 miles east of Chickasha and just north of the Washita River. Its production is 1,808 barrels of oil …

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Rig Counts Grew in Oklahoma and the U.S. in Past Week

  Oil and gas rig counts were up in Oklahoma, Texas, New Mexico and Kansas in the past week while the national count soared by 16 to reach 901. The Baker Hughes Co. of Houston and the Red Top Rig Report, courtesy of the Independent Oil and Gas Commission of Wichita reported increases in counts. …

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Permits to Drill May 22, 2017

  Blaine County RED LAND #1-35H, May 19 2017 35 17N 10W SESESWSW API: 01123804 Lat: 35.899279364450564, Long: -98.24158282146381 PRIDE ENERGY COMPANY HH, DR, 14685 ft, MERAMEC(9462) Custer County HAMAR #3H-17, May 19 2017 20 14N 14W SENENENW API: 03922503 Lat: 35.6806723349386, Long: -98.71292073467048 EXCALIBUR RESOURCES LLC HH, DR, 16500 ft, RED FORK(11100) Ellis County …

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Completion Reports May 22, 2017

  BLAINE COUNTY Council Oak Resources Llc Mississippian(10134): Oil 297 Gas 7176 Water 1920 Flow 4 17N 13W Lau 1-4h, March 16, 2017 HH, GAS, TD: 15508 ft Lat: 35.97190, Long: -98.59976 API: 35011236650000 CANADIAN COUNTY Marathon Oil Company Mississippi Solid: Oil 606 Gas 4191 Water 1355 Flow 24 14N 9W Janice 1-24h, March 24, …

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Crude Oil Futures Rise Higher on Thursday

Crude oil futures settled slightly higher on Thursday despite data suggesting that supply inventories are shrinking at a snail’s pace, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude finished up 28 cents, or 0.6%, to settle at $49.35 a barrel. Brent crude, the global benchmark, added 30 cents, …

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Completion Reports May 19, 2017

  DEWEY COUNTY Mewbourne Oil Company Cleveland(9042): Oil 110 Gas 158 Water 2045 Flow 16 17N 19W Dean 9 Nc 1hc, April 23, 2017 HH, OIL, TD: 14050 ft Lat: 35.95618, Long: -99.23436 API: 35043234240001 GRADY COUNTY Continental Resources Inc Springer(12328): Oil 1808 Gas 2952 Water 1449 Flow 11 6N 6W Trammell 1r-11-14-23xh, February 10, …

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Permits to Drill May 19, 2017

  Canadian County CARPENTER #1-20H, April 19 2017 17 11N 6W SWSWSWSW API: 01725000 Lat: 35.42141547647768, Long: -97.8654453500775 CIMAREX ENERGY CO HH, AM, 14501 ft, MISSISSIPPIAN(9360) Canadian County ASHCRAFT #1-19H, April 19 2017 17 11N 6W SWSWSWSW API: 01724999 Lat: 35.421415476971994, Long: -97.8655124737082 CIMAREX ENERGY CO HH, AM, 14594 ft, WOODFORD(9604) Canadian County COPELAND #6-33H, …

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Grassley Upset about Energy Department Wind and Grid Study

With his state generating the second-most wind power of any state in country, Iowa U.S. Senator Chuck Grassley sent a letter this week to Energy Secretary Rick Perry expressing concern over an upcoming analysis of grid reliability. In his letter, the Republican Senator called it “a hastily developed study” that “appears geared to undermine the wind …

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Energy Operations Hit Hard by Elk City Tornado

When a tornado plowed into south Elk City this week, it hit squarely in a business district filled with a handful of energy companies. The storm destroyed operations at National Oilwell Varco and Fairway Resources and badly damaged the offices of LuGreg Trucking and C and J Energy. The tornado didn’t destroy the LuGreg Trucking …

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