February 2019 archive

International rig counts were down in January

  Baker Hughes, a GE company  announced Thursday that the Baker Hughes international rig count for January 2019 was 1,023, down 2 from the 1,025 counted in December 2018, and up 63 from the 960 counted in January 2018. The international offshore rig count for January 2019 was 241, up 7 from the 234 counted …

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Completion reports for February 6, 2019

Completion reports filed on Feb. 6, 2019. GRADY COUNTY Continental Resources Inc Springer(12220): Oil 195 Gas 274 Water 4524 Flow 16 7N 6W Ramsey Trust 3-16-9-4xhs, November 15, 2018 HH, OIL, TD: 22155 ft Lat: 35.07376, Long: -97.83721 API: 35051243630000 Continental Resources Inc Springer(12298): Oil 139 Gas 221 Water 5015 Flow 21 7N 6W Ramsey Trust 2-16-9-4xhs, December 01, 2018 HH, OIL, TD: 28585 ft Lat: …

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Permits to drill for February 6, 2019

Permits to drill issued on Feb. 6, 2019. Garvin County SMITH 0304 #7-18WH, January 10 2019 18 3N 4W SWSESESW API: 04925255 Lat: 34.72563176206106, Long: -97.66131864992954 MARATHON OIL COMPANY HH, AM, 19516 ft, WOODFORD(14730) Garvin County NEWBY 0304 #1-18SH, January 09 2019 18 3N 4W SWSESESW API: 04925252 Lat: 34.725686712989074, Long: -97.66131864521492 MARATHON OIL COMPANY HH, AM, …

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Permits to drill for February 5, 2019

Permits to drill issued for Feb. 5, 2019. Alfalfa County GINDER 24-27-11 #2H, February 05 2019 13 27N 11W S2S2SWSE API: 00323360 Lat: 36.8122432510307, Long: -98.3306760743876 BCE-MACH LLC HH, DR, 10555 ft, MISSISSIPPIAN(5183) Custer County WINGARD 1522 #2HX, February 05 2019 15 14N 14W NENENENW API: 03922566 Lat: 35.69561664273923, Long: -98.67767005662365 UNIT PETROLEUM COMPANY HH, DR, 18800 …

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Completion reports for February 5, 2019

Completion reports for Feb. 5, 2019. ATOKA COUNTY Canyon Creek Energy Operating Llc Woodford(5987): Oil 8.5 Gas 3040 Water 2500 Flow 7 2S 10E Nacho (Nacho 1-7w) 1-7/18h, June 26, 2018 HH, GAS, TD: 13920 ft Lat: 34.39550, Long: -96.28602 API: 35005204650001 Canyon Creek Energy Operating Llc Woodford(6306): Oil 8.5 Gas 3500 Water 1300 Flow 7 2S 10E Nacho (Nacho 1-7e) 1-8/17h, June 26, 2018 HH, …

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Dividend for Phillips 66 shareholders

  The board of directors of Phillips 66 has declared a quarterly dividend of 80 cents per share on Phillips 66 common stock. The dividend is payable on March 1, 2019, to shareholders of record as of the close of business on Feb. 19, 2019.  

Water Board seeks projects for water control in Oklahoma

  The Oklahoma Water Resources Board has put out a call for groups and towns that might want help in funding wastewater projects and those for pollution control. The Board is attempting to create what it calls the Clean Water State Revolving Fund State Fiscal Year 2020 Project Priority List. “As part of the CWSRF’s …

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Increased gross production tax reflects slumping oil prices

State Treasurer Randy McDaniel reports Oklahoma’s monthly Gross Receipts to the treasury are continuing to grow but also show the signs of an impact from lower energy prices. Gross production taxes on crude oil and natural gas were remitted last month but are from the November 2018 oil field production. He said they came at …

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Congresswoman downplays Trump’s state of the union address

Oklahoma Congresswoman Kendra Horn indicated she didn’t think much of President Trump’s state of the union address. But she indicated her role in the nation’s energy sector will be important for Oklahomans. “With my appointments to the powerful House Armed Services Committee and influential Science, Space, and Technology Committee, and as chair of the Subcommittee …

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Oil and gas leader applaud’s President’s recognition of energy sector

The head of the OIPA-OKOGA said in response to President Trump’s State of the Union message that it shows policymakers in Oklahoma and in Washington, D.C. must do everything in their power to create a stable and effective business environment. President Chad Warmington issued a statement after President Trump recognized the oil and gas industry …

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