After advancing for the past few days, oil futures retreated on Thursday despite a larger-than-expected drawdown of crude supplies, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude fell 70 cents, or 1.4%, to settle at $50.60 a barrel. December Brent crude, the global benchmark, dropped by …
October 2017 archive
Completion Reports October 13, 2017
CANADIAN COUNTY Jones Energy Llc Woodford(8915): Oil 247 Gas 1031 Water 1246 Gas Lift 24 11N 6W Bennett 24-11-6 1wh, March 20, 2017 HH, OIL, TD: 13500 ft Lat: 35.40693, Long: -97.77958 API: 35017249490001 ELLIS COUNTY Jones Energy Llc Cleveland(8564): Oil 148 Gas 286 Water 497 Gas Lift 27 20N 25W Young 27 4h, October 01, 2017 HH, OIL, TD: 13030 ft Lat: 36.18696, Long: -99.85145 …
Permits to Drill October 13, 2017
Custer County MOSES TRUST #1-24-13XH, October 12 2017 24 15N 15W SESWSWSW API: 03922518 Lat: 35.75490042843972, Long: -98.7550733553467 CONTINENTAL RESOURCES INC HH, DR, 22330 ft, MISSISSIPPIAN(12270), WOODFORD(14370) Hughes County JANA #2-10/15H, October 12 2017 10 6N 10E SWNENWNE API: 06324715 Lat: 35.012987995279204, Long: -96.23544657921593 TRINITY OPERATING (USG) LLC HH, DR, 16109 ft, WOODFORD(5529) Hughes County JANA …
Pipeline Rupture Reported Near Cushing Oil Storage Hub
Oklahoma Corporation Commission officials were put on notice Tuesday afternoon that an accidental pipeline rupture caused an oil spill near the Cushing oil storage hub site. Environmental remediation crews are cleaning the area reported by Centurion Pipeline, a subsidiary of Houston-based Occidental Petroleum Corp. Eric Moses, a company spokesman, confirmed that the incident occurred around …
$2 Million Grant Awarded to OKC Airport Trust for WRWA Hangar Improvements
The Oklahoma City Airport Trust was recently awarded a $2 million public works grant from the U.S. Economic Development Administration, according to the bureau’s website. Governor Mary Fallin was present during the grant announcement. The airport trust believes this opportunity to complete the improvements will attract commercial aviation and additional defense industry to Oklahoma City. …
Pruitt Adversaries Take His Accounting to Task Over Clean Power Plan
Adversaries to EPA Administrator Scott Pruitt’s calculations take issue with the way in which he measures certain financial figures to justify his proposal to roll back the Obama Administration’s Clean Power Plan. They are particularly convinced that Pruitt has inflated costs while suppressing beneficial projections. On Wednesday, a news report by the Environmental Defense Fund …
Michael Bloomberg Declares War on Coal, Commits $64 Million to Environmental Groups
Following U.S. Environmental Protection Agency Administrator Scott Pruitt’s highly publicized declaration that “the war on coal is over,” billionaire philanthropist Michael Bloomberg affirmed his “war on coal” by going to battle against the Trump Administration’s efforts to roll back the Clean Power Plan. During a meeting held on Wednesday at the Sierra Club’s Washington, D.C. …
OCC Hosting October Workshop for Oklahoma Royalty Owners in Colorado
The Oklahoma Corporation Commission Oil & Gas Public Assistance Department is hosting a workshop for Oklahoma royalty owners on Saturday, October 28, 2017 at The Broadmoor in Colorado Springs, Colorado. Registration begins at 7:00 a.m. and workshop hours are from 8:00 a.m. to 6:00 p.m. Scheduled topics and speakers include: “Things Every Royalty Owner Should …
WTI and Brent Crude Advance on Wednesday
For a third consecutive session, oil prices settled higher as OPEC raised its forecast for crude demand while indicating output by member countries rose in September despite a deal to limit production, according to Bloomberg MarketWatch. November West Texas Intermediate crude rose 38 cents, or 0.8%, to settle at $51.30 a barrel on the New York …
Completion Reports October 12, 2017
CARTER COUNTY Kodiak Oil & Gas Inc 5 2S 2W Brady 156, May 10, 2017 SH, INJ, TD: 2500 ft Lat: 34.40968, Long: -97.42893 API: 35019262230000 GARFIELD COUNTY White Star Petroleum Llc Woodford – Mississppian: Oil 41 Gas 51 Water 3787 Pump 27 21N 3W Eason 27_22-21n-3w 1whx, July 26, 2017 HH, TA, TD: 14358 ft Lat: 36.26214, Long: -97.49774 API: 35047247830001 …