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 …
Devon Energy has a big multi-unit project in plan as it widens exploration of Oklahoma’s STACK play. As indicated in OK Energy Today’s Well Completion reports, the Oklahoma City energy company has been permitted to move ahead with 7 wells at one site. Permits were granted for Mosasaurus 4-16N-9W, a site located near the unincorporated …
Oil prices ended sharply lower on Thursday due to weak energy demand despite a Gulf of Mexico Category 3 hurricane churning off the Texas coast, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell 98 cents, or 2%, to settle at $47.43 a barrel—the lowest finish in a week. …
BLAINE COUNTY Marathon Oil Company Mississippian(11303): Oil 1573 Gas 5851 Water 912 Flow 26 15N 11W Chapman 1511 1-26-23mxh, May 16, 2017 HH, OIL, TD: 21670 ft Lat: 35.74023, Long: -98.34775 API: 35011236460000 CANADIAN COUNTY Marathon Oil Company Mississippian(7115): Oil 117 Gas 982 Water 1622 Flow 27 14N 5W Stanley Rother 1405 1-27mh, June 10, 2017 HH, OIL, TD: 11007 ft Lat: 35.66679, Long: -97.71052 …
Blaine County MW #1-14-23XH, August 24 2017 14 14N 13W SENENWNW API: 01123848 Lat: 35.695344641677956, Long: -98.5574473654637 CONTINENTAL RESOURCES INC HH, DR, 23643 ft, WOODFORD(13671) Canadian County SNYDER 2-19-18 #1409MHX, July 21 2017 30 14N 9W SWNENENE API: 01725046 Lat: 35.66583465912491, Long: -98.19093417976917 TRIUMPH ENERGY PARTNERS LLC HH, AM, 21041 ft, MISSISSIPPI SOLID(11120) Canadian County HAROLD …
Eight months ago, only about 6 percent of Oklahoma was not in a drought. After weeks of rainfall that is close to breaking the 1915 record, now 96% of Oklahoma is not in a drought, according to Gary McManus, State Climatologist at the Oklahoma Mesonet. That’s what the state looked like on August 1 of …
The Federal Appeals Court in Denver has upheld more than $24 million in settlements of lawsuits where oil companies and gas stations were accused of overcharging consumers for gasoline on hot days. In a ruling this week, the U.S. 10th Circuit sided with the settlements of the $24.5 million in multidistrict litigation. “We affirm the …
