August 23, 2018 archive

Valiant Midstream and Antioch Energy form partnership for Eastern Oklahoma gas projects

    Two Oklahoma City energy companies announced Thursday they had formed a partnership concerning their operations in eastern Oklahoma. Valiant Midstream LLC announced it has entered into a long-term, fee-based natural gas gathering and processing agreement with Antioch Energy LLC. Antioch’s dedication of more than 275,000 gross acres brings Valiant Midstream’s total acreage commitments in the …

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Inhofe tells other Senators they were wrong about Trump’s energy actions

Oklahoma U.S. Sen. Jim Inhofe took to the floor of the Senate this week to commend the Trump Administration for attempting to change the Clean Power Plan, one created by former President Obama. He told those in the Senate that environmental critics of the President were wrong. Here are some of this comments or you …

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Congressman wants to be fair to natural gas producers

  By Congressman Markwayne Mullin Oklahoma’s families should be able to keep their lights on at a cost they can afford.  As innovation drives how we produce energy from various sources, the most important piece to remember is that the consumer should be driving the supply and demand.  I have always supported an “all-the-above” approach …

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Energy analysts predict slowdown in Permian Basin production

Oil marketing analyst Energy Security Analysis Inc. indicated this week that production growth is declining in the Permian Basin and it blames the lack of crude oil pipelines to move the product to the coast. ESAI’s evaluation showed while Permian basin operating costs fell 6 percent in the second quarter of the year, the overall …

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BP to unload assets in two major plays in Oklahoma and Texas and holdings in New Mexico and Colorado

First ConocoPhillips sold its San Juan basin assets for $3 billion. Now BP American Production Co. is considering pulling out of the same region and the economic impact in Southwest Colorado and northern New Mexico won’t be good. And BP plans to sell its assets in the Anadarko Basin in Oklahoma and the Texas Panhandle. …

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New gas processing plant gets financing

Backed by money from Encap Flatrock Midstream, a Texas firm with offices in Oklahoma City, Cogent Midstream LLC is expanding its natural gas processing in the lower Midland Basin of West Texas. Cogent plans to build a new refrigerated cryogenic processing plant at the same location as its current Big Lake Plant in Reagan County, …

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Devon finds another big producer in the STACK

While the completion was actually made last spring, the latest large well to be revealed in the completion reports filed at the Oklahoma Corporation Commission is in Blaine County. It is the latest producer to come out of the STACK play. Devon Energy’s Porcupine 34_27-1N-12W 1HX had initial production of 1,970 barrels of oil a …

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Completion reports for August 22, 2018

Completion reports for August 22, 2018   ALFALFA COUNTY Aexco Petroleum Inc Mississippi Lime(5690): Oil 101 Gas 1591 Water 1561 Flow 2 25N 11W Crossroads 1-2h, December 01, 2017 HH, GAS, TD: 10660 ft Lat: 36.66709, Long: -98.35613 API: 35003232140001 ATOKA COUNTY Canyon Creek Energy Operating Llc Woodford(7021): Oil 20 Gas 2500 Water 1500 Flow 14 2S 10E Allen 1-22h, October 05, 2017 HH, GAS, TD: …

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Permits to drill for August 22, 2018

Permits to drill for August 22, 2018 Creek County CAL JONES #1, August 22 2018 05 17N 7E SENESWNW API: 03729309 Lat: 35.983366846465415, Long: -96.59759776927027 LITTLE RIVER ENERGY COMPANY SH, RC, 3135 ft, PRUE(2300) Custer County ARDELLA #1-15HM, August 22 2018 15 15N 15W S2SESESE API: 03922552 Lat: 35.76941652722801, Long: -98.77512164415629 CONTINENTAL RESOURCES INC HH, DR, 18199 …

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Wildfire smoke creates health problems in some areas of the U.S.

Smoke from the massive wildfires in California have made for hazy days in Oklahoma for weeks now. But this week, the smoke reached alarming levels in the state of Oregon. Officials in Portland declared the air was unhealthy and urged residents to remain in doors for at least Tuesday. But they also expected to same …

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