November 2018 archive

Tulsa’s Williams reports increased 3Q earnings and anticipates higher growth in the 4th Quarter

Tulsa-based Williams announced its third quarter net income totaled $129 million which was a $96 million increase over a year ago. Cash flow from operations came to $746 million, which was $41 million more than the third quarter of 2017. It resulted in a third quarter adjusted income of 24 cents a share which represented …

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Chesapeake Energy announces $8.8 million repurchase program

Oklahoma City’s Chesapeake Energy Corporation is notifying holders of certain senior notes they have a nearly $8.8 million repurchase move by the company. Chesapeake said holders of its 2.25% Contingent Convertible Senior Notes due 2038 they have the option to require the company to purchase the notes next month. The total potential cost to the …

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WPX Energy reports big increase in oil production but also a 3Q net loss in earnings

Tulsa’s WPX Energy is reporting a 54 percent increase in third quarter oil production compared to a year ago but also $6 million in losses for the quarter. The loss figured to a penny a share on a diluted basis. However, WPX still had quarterly oil revenues surpassing half-a-billion dollars for the first time in …

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Devon files more reports showing success of multi-well pad sites

Devon Exploration has filed 14 more well completion reports showing their latest productive efforts on multi-well pads in Oklahoma’s STACK play. The largest of the wells had production in the 900 barrel a day range. But the combined production is impressive. Three wells were completed in Blaine County and two were on the same pad …

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Permits to drill for Oct. 31, 2018

Permits to drill for Oct. 31, 2018. Canadian County SANFORD 1207 #1SMH-2, October 31 2018 02 12N 7W SESESESE API: 01725296 Lat: 35.53766817393755, Long: -97.90258194070431 CHAPARRAL ENERGY LLC HH, DR, 14171 ft, MISSISSIPPIAN(9336) Grady County DALE LS #2-13X12H, October 31 2018 13 4N 6W NWSESESW API: 05124507 Lat: 34.813223276067035, Long: -97.78380042999639 GULFPORT MIDCON LLC HH, DR, 25433 …

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Completion reports for Oct. 31, 2018

Completion reports for Oct. 31, 2018. BLAINE COUNTY Devon Energy Production Co Lp Miss’an & Miss’an (less Chester): Oil 853 Gas 6152 Water 1513 Flow 12 15N 12W Willow 12_1-15n-12w 1hx, May 01, 2018 HH, OIL, TD: 21811 ft Lat: 35.78399, Long: -98.43629 API: 35011237750001 Devon Energy Production Co Lp Mississippian(10067): Oil 935 Gas 2660 Water 676 Flow 13 15N 10W Horsefly 13_24-15n-10w 2hx, August 25, …

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