June 2017 archive

Schlumberger Joins Forces to Create New Horizontal Well Business

Schlumberger Limited, the company with operations in Oklahoma announced this week it joined with Production Plus Energy Services to create something they call Joint Venture Entities. The purpose is to develop the HEAL System technology and business. The creation was actually effective at the end of May and JV started functioning worldwide as HEAL Systems. …

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The Solar Energy Fight in Arkansas

A solar energy fight is underway in Arkansas and on one side are environmentalists while on the other side are power companies and even the State Attorney General. The fight is focused on net metering and whether the state should eventually create a two-channel billing system  which would use a different electricity rate for surplus …

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What Researchers Learned About the Pawnee Earthquake

Researchers at the Oklahoma Geological Survey, Oklahoma State University and the University of Oklahoma were among those who contributed to a new report that studied the Pawnee earthquake last fall. The 5.8 magnitude quake in September 2016 was the largest recorded seismic event in Oklahoma and led to the report in Seismological Research Letters, an …

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Expansion Announced for Broken Arrow’s Alfa Laval

  Forty-three years after locating in Broken Arrow, the Alfa Laval Air-Cooled Exchangers company is expanding. Known historically as ACE, the firm announced this week its expansion, indicating a “competence center” will be located on land adjoining the existing operation. The center will house operations for the Alfa Laval Spiral Heat Exchanger range. “Alfa Laval’s …

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Continental Resources Hits Another Large Well in Oklahoma’s STACK

Oklahoma City-based Continental Resources Inc. has brought in another 1,000-plus barrel a day well in Oklahoma’s STACK. This time, the well was in Blaine County as indicated in the completion reports published by OK Energy Today. The Mowery, located at 36 15N 11W which is northeast of the community of greenfield, produced 1,071 barrels a …

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Oklahoma Energy Index Reflects Overall Recovery Despite Slight Dip

The state’s oil and natural gas industry continues its recovery from the oil price rout that started in 2014, according to the Oklahoma Energy Index. With activity levels in the oil and gas industry rising 13 percent higher than a year ago, the index moved slightly lower for the month of April. “Despite a slight …

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Crude Oil Futures Slump on Tuesday With Bear Market in Sight

Crude oil futures flirted with bear market territory and slid to their lowest finish since August on Tuesday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, July West Texas Intermediate crude declined by 97 cents, or 2.2%, to settle at $43.23 a barrel on the contract’s expiration day. It marked the lowest front month …

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Completion Reports June 21, 2017

  BLAINE COUNTY Continental Resources Inc Mississippi Lime(12057): Oil 570 Gas 5226 Water 939 Flow 19 15N 12W Macdonalds Quarter 1-18h, April 10, 2017 HH, OIL, TD: 17224 ft Lat: 35.76774, Long: -98.51061 API: 35011237330000 Continental Resources Inc Mississippian(8797): Oil 1071 Gas 6198 Water 1677 Flow 36 15N 11W Mowery 1-36h, April 07, 2017 HH, …

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Permits to Drill June 21, 2017

  Blaine County REBA JO #1-13H, June 06 2017 13 15N 11W SWSESWSW API: 01123812 Lat: 35.76923516510762, Long: -98.32817164592232 CONTINENTAL RESOURCES INC HH, AM, 15705 ft, MISSISSIPPI LIME(10865) Blaine County STIEB #1-12H, March 22 2017 12 15N 13W NENENENE API: 01123767 Lat: 35.79698446043638, Long: -98.52656427116655 CONTINENTAL RESOURCES INC HH, AM, 16774 ft, MISSISSIPPIAN(10764) Canadian County …

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Lawsuit by Vertical Well Operator Settled in OKC Federal Court

Even as vertical well drillers pressed their opposition in the just-concluded Oklahoma legislature against a bill to give more power to horizontal well operators, some had been in court for months. Now the battle by Almont Energy LLC and TLS Oil and Gas Inc. in its lawsuit against Newfield Exploration Mid-Continent Inc. has been settled …

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