2017 archive

Oil and Gas Group Fights Proposed Tax Hike in Special Legislative Session

While state legislators grapple with a plan to fix Oklahoma’s state government budget hole of $215 million, some want to increase the gross production tax on oil and gas. And that’s an issue that prompts Chad Warmington, President of the Oklahoma Oil and Gas Association to declare it’s nothing but political talking points on the …

Continue reading »

Rig Count: Oklahoma Slips by 3, U.S. Down by 1

The latest weekly oil and gas rig count yielded some surprises along with declines for Oklahoma and the nation, according to Houston-based Baker Hughes Company. The nation’s rig count dropped by one to reach 935, down from a year ago when it had 511 working rigs. Oklahoma’s count fell by three in the past week …

Continue reading »

WTI and Brent Crude Continue to Show Growth on Friday

Crude oil futures ended slightly higher on Friday, as producers at an OPEC meeting revealed record compliance with their production curb agreement, according to Bloomberg MarketWatch. November West Texas Intermediate crude rose 11 cents, or 0.2%, to settle at $50.66 a barrel on the New York Mercantile Exchange. For the week, the November contract gained 0.4%, …

Continue reading »

Completion Reports September 25, 2017

  GRADY COUNTY Apache Corporation Woodford(15094): Gas 1512 Water 2208 Flow 28 6N 6W Scott 33-6-6 1h, August 31, 2017 HH, GAS, TD: 20283 ft Lat: 34.95743, Long: -97.83927 API: 35051241310001 KAY COUNTY Donray Petroleum Llc Tonkawa(2540): Oil 24 Gas 30 Water 750 Pump 33 25N 1W Stormy 4, July 03, 2017 SH, OIL, TD: 2802 ft Lat: 36.59767, Long: -97.30118 API: 35071248710000 Donray Petroleum Llc …

Continue reading »

Permits to Drill September 25, 2017

  Caddo County HABANERO #10-11-11-1H, September 22 2017 11 10N 11W NENENENE API: 01523285 Lat: 35.362297993937474, Long: -98.3251354483546 POBLANO ENERGY LLC HH, DR, 14967 ft, HOXBAR(10247) Custer County EAGLE #1R-15-10XH, September 22 2017 15 13N 15W NESWSWSW API: 03922516 Lat: 35.595984603259886, Long: -98.78991480074599 CONTINENTAL RESOURCES INC HH, DR, 25655 ft, SPRINGER(13300), MISSISSIPPIAN(14200), WOODFORD(16400) Dewey County BAR NONE …

Continue reading »

Widow Settles Federal Lawsuit Over Oilfield Workers Death in Oklahoma

The wrongful death lawsuit against XTO and Exxon Mobil in Oklahoma City federal court was settled on Thursday.  But terms of the agreement in the suit brought by the widow of an oilfield worker who died while tank gauging near Ardmore in 2014 were not disclosed. “The parties have reached a confidential settlement without XTO …

Continue reading »

Hamm Slams EIA for “Exaggerated’ Oil Production Prediction

Oklahoma oil billionaire Harold Hamm isn’t afraid to say it…he thinks the government’s optimistic predictions of more than 1 million new barrels of oil a day in the U.S. production is “distorting” global crude prices. It’s what he told Bloomberg News, saying  the prediction this week by the U.S. Energy Information Administration is “just flat …

Continue reading »

Kansas Regulators Allow Utilities to Set Rates for Self-Produced Energy in Homes

Kansans who rely on self-generated electricity from wind and solar energy aren’t happy over a Kansas Corporation Commission ruling this week. The KCC issued an order detailing how utility companies can charge customers for what is known in the industry as “distributed generation,” meaning those customers who self-produce energy in small amounts according to a …

Continue reading »

Victim’s Family Wins Appeals in Negligence Suit

A Texas appeals court has reversed a lower court ruling that said National Oilwell Varco and an independent trucking company were not responsible for a fatal car crash that occurred when the vehicle slid on oil mud covering a highway. Varco had employed Big Red trucking to haul mud from a drill site near Flatonia, …

Continue reading »

Groups Sue Feds Over Burying Beetle in Oklahoma

Energy and some non-profit groups have filed suit in Muskogee federal court against the federal government for failing to remove the American burying beetle from the endangered species list. The lawsuit filed Thursday was in the U.S. Eastern District Court against the U.S. Fish and Wildlife Service against the Department of the Interior, Interior Secretary …

Continue reading »