Oil prices continued to tumble on Tuesday, ahead of the weekly data reports which are expected to show a second consecutive weekly decline in domestic crude inventories, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude fell 16 cents, or 0.3%, to settle at $50.42 a barrel. December Brent …
October 3, 2017 archive
Completion Reports October 4, 2017
CANADIAN COUNTY Jones Energy Llc Mississippian(8983): Oil 693 Gas 2222 Water 990 Gas Lift 4 11N 6W Garrett 4-11-6 1h, June 23, 2017 HH, OIL, TD: 14042 ft Lat: 35.46348, Long: -97.83228 API: 35017249960001 GARVIN COUNTY Newfield Exploration Mid-con Inc Woodford(12949): Oil 635 Gas 5392 Water 1015 Flow 35 3N 4W Tina 3h-23x, May 16, 2017 HH, OIL, TD: 20484 ft Lat: 34.69490, Long: -97.59316 …
Permits to Drill October 4, 2017
Blaine County SMOOT QUARTER FIU #1-1H, September 14 2017 01 16N 13W NENWNWNW API: 01123856 Lat: 35.89823274340775, Long: -98.5414768559928 BASIN OPERATING SERVICES II LLC HH, AM, 15578 ft, SPRINGER(9380), MISSISSIPPIAN(9620), WOODFORD(11230) Caddo County MCPHERSON 20-9-11 #1H, October 03 2017 29 9N 11W SENENWNE API: 01523286 Lat: 35.23179486911607, Long: -98.38187543051622 KAISER-FRANCIS OIL COMPANY HH, DR, 15734 ft, …
Disposal Well Opponents Organize to Wage a Fight in Flint Hills of Kansas
Opponents of a wastewater disposal well in the Flint Hills of Kansas say they won’t challenge a Kansas Corporation Commission approval of the well but plan to fight any others in the future. Their fight concerned a well proposed near Strong City by Quail Oil Company. The well is also close to the Tallgrass Prairie …
Continental Resources Leaders Still Blame EIA for Low Oil Prices
Continental Resources Chairman Harold Hamm and his executives continue pounding away with their criticism of the federal government estimates of oil production in the U.S. And what Hamm said in recent interviews is also being analyzed by others who wonder if he is correct in claiming the U.S. Energy Information Administration is distorting oil prices because …
Budget Hole Forces Major Changes in Oklahoma Highway Projects
Oklahoma’s state government budget hole forced a change this week in the eight-year highway improvement plan of the State Department of Transportation. The Oklahoma Transportation Commission voted to trim its long-term plan, remove some projects and delay others, moves that are expected to slow progress made in the state’s bridges. The plan had been filled …
Oklahoma Firms Unload Midland Basin System for $1.8 Billion
A $1.8 billion deal’s been announced by Houston-based Energy and Minerals Group and Laredo Petroleum of Tulsa in which they are selling the largest privately held crude oil transportation system in the Midland Basin of Texas. The buyer is an affiliate of infrastructure fund manager Global Infrastructure Partners which is paying $1.825 billion for the …
El Dorado—Former Oil Boom Town Attempts Revival of Population
A southern Arkansas city that once was an oil boom town in the 1920s is attempting to revive its commercial growth and interest. City leaders in El Dorado are hoping a $100 million arts district will spark the move to reverse a population slide that has affected the city for decades, according to the Associated …
Energy Secretary Pushes for Faster Approval of Oil and Gas Pipelines
Saying the Permian Basin is an example of pipeline challenges, Energy Secretary Rick Perry is pushing for more and faster construction of oil and gas pipelines in the U.S. He wants to streamline the approval process, hoping new lines will help the flow of oil out of the west Texas oil play. It’s a critical …
Desk and Derrick Club to Hold Annual Industry Appreciation Luncheon in Tulsa
The approaching annual Industry Appreciation Luncheon held by the Tulsa Desk and Derrick Club will feature a discussion on Seismicity in Oklahoma: A Scientifically Informed Status Update. Dr. Kyle E. Murray of the Oklahoma Geological Survey will present the discussion at the Nov. 8 luncheon at the Summit Club in downtown Tulsa. His discussion and …
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