Hurricane Harvey has disrupted nearly 15% of U.S. refinery capacity in the Gulf and will likely cause a rise in fuel prices across the country. Energy markets may be in for a bumpy ride when they open Monday as investors try to gauge the impact of the disruption, according to Bloomberg MarketWatch. After slamming into …
The U.S. Geological Survey recorded a 3.5 magnitude earthquake on Sunday afternoon in western Oklahoma. The quake was reported about 4:25 p.m. on Sunday. The epicenter was about 18 miles north, northeast of Weatherford, 30 miles west, northwest of El Reno and 64 miles west, northwest of Oklahoma City. Reports indicate that the quake could …
Canada led the way with the addition of 3 new rigs last week while the U.S. rig count dropped by a total of six, according to the Baker Hughes rig count released on Friday. Canada now has a total of 217 rigs, up 71 rigs when compared with last year’s count of 46. The U.S. …
Beckham County EXXON WALNE #1-34, August 25 2017 34 11N 25W NWSWNESW API: 00920825 Lat: 35.38328961662162, Long: -99.83642602261254 FOURPOINT ENERGY LLC DH, RC, 25825 ft, MORROW-SPRINGER(16581) Creek County GEORGE #1-33, August 25 2017 33 15N 10E S2NWSWSE API: 03729383 Lat: 35.72843703132527, Long: -96.25359957587901 WFD OIL CORPORATION SH, DR, 3175 ft, RED FORK(1980), BARTLESVILLE(2145), BOOCH(2240), DUTCHER(2375), MISENER(3100), …
Marathon Oil’s reporting a large well in Oklahoma’s STACK, one producing nearly 1,600 barrels of oil a day in Blaine County. Details shown in OK Energy Today’s Well Completion reports, indicate the Chapman well, 26 15N 11W is located about 3 miles northeast of the community of Greenfield. Its official completion report stated the production …
An estimated 300 utility workers for Public Service Company of Oklahoma headed Friday to south Texas to assist with repairs following the arrival of Hurricane Harvey. Most were workers from Tulsa, McAlester and Lawton areas. Some were line and tree crews wile engineers also were sent to stage Friday night in San Antonio to await …
A day after announcing it was venturing into exploration of Oklahoma’s big STACK play, Tulsa-based Jericho Oil announced efforts to raise $10 million to help finance the effort. The company earlier announced the acquisition of an interest in 9,400 net surface acres in the STACK. It stated the transition provided the company the option to …
While a new law allowing greater horizontal drilling in Oklahoma won’t take effect until Nov. 1, 2017, an emergency designation with Senate Bill 867 is allowing some companies to begin the drilling now. As the Oklahoman reported, Tapstone Energy in Oklahoma City could become the first company to start drilling horizontal wells up to two …
A Texas appeals court says an Apache Corp. drilling rig was wrongly forced off a West Texas oil lease in a squabble over whether wells had stopped producing oil and gas. The Court of Appeals of the Eighth District of Texas in El Paso ruled in favor of Apache Deepwater LLC in its suit against …
When House Democrats fought the budget plans for GOP leaders of the Oklahoma legislature, one of their goals was an increase in the Oklahoma Gross Production Tax. However in light of new talks, such an increase might not be included in what Democratic leader Scott Inman wants. Tax increases were reportedly discussed in renewed talks …
