December 2019 archive

Permits to drill for December 27, 2019

Permits to drill issued on December 27, 2019. Alfalfa County MEANS 13-25-11 #3H, December 27 2019 12 25N 11W SESWSWSW API: 00323394 Lat: 36.652426593833226, Long: -98.34126721168217 BCE-MACH LLC HH, DR, 11116 ft, MISSISSIPPIAN(5775) Canadian County CALDWELL #1H-12-1, December 27 2019 12 12N 9W NWSESESW API: 01725577 Lat: 35.52315170329854, Long: -98.10711324156709 CITIZEN ENERGY III LLC HH, DR, 22134 …

Continue reading »

Completion reports for December 27, 2019

Completion reports filed for December 27, 2019. ALFALFA COUNTY Trans Pacific Oil Corporation 13 29N 12W Kilmer A Swdw 2, August 22, 2019 SH, DISP, TD: 1050 ft Lat: 36.99198, Long: -98.44273 API: 35003233720000 Trans Pacific Oil Corporation Misener: Oil 20 Gas 27 Pump 28 29N 12W Lori A 1-28, December 06, 2018 SH, OIL, TD: 5706 ft Lat: 36.96572, Long: …

Continue reading »

Chesapeake Energy refinances credit as debt grows

  Chesapeake Energy in Oklahoma City has sold $120 million in senior notes as part of a new credit agreement with 17 banks according to a late December filing with the U.S. Securities Exchange Commission. The move is an apparent refinancing of company debt as the energy firm attempts to avoid insolvency. The December 27, …

Continue reading »

Permits to drill for December 26, 2019

Permits to drill issued for December 26, 2019. Canadian County AMERICAN EAGLE SWD #1, March 22 2019 24 12N 6W NESWNWSW API: 01725419 Lat: 35.49829611853818, Long: -97.79395764949786 S & S STAR OPERATING LLC SH, AM, 6075 ft, WABAUNSEE(3900), SHAWNEE(4550), DOUGLAS(5500) Carter County BRYANT #2-6-7XHM, December 10 2019 06 2S 2W SENWNWNW API: 01926355 Lat: 34.41878685135993, Long: -97.45630081434345 …

Continue reading »

Completion report for December 26, 2019

Completion reports filed for December 26, 2019. ALFALFA COUNTY Trans Pacific Oil Corporation 28 29N 12W Lori A Swdw 1-28, July 02, 2019 SH, DISP, TD: 1000 ft Lat: 36.96552, Long: -98.49293 API: 35003233650000 Trans Pacific Oil Corporation 16 29N 12W Mott A Swdw 1, February 06, 2019 SH, DISP, TD: 1025 ft Lat: 36.99486, Long: -98.49776 API: 35003233060001 …

Continue reading »

Rig count drops again in US but rebounds in Oklahoma

The number of oil and gas rigs active in the U.S. dropped by 8 in the past week, reaching a new level of 805 while in Oklahoma, the count grew by one to hit 52 rigs. The Baker Hughes rig count showed the national count included a loss of 8 oil rigs to a total …

Continue reading »

Gasoline prices hold steady in Oklahoma for the holidays

Despite the Christmas holiday travel, gasoline prices have held steady or slipped slightly in Oklahoma this week. AAA Oklahoma reports the statewide average of $2.23 per gallon is only one cent less than a week ago and six cents cheaper than one month ago. The national average of $2.55 remains the same as a week …

Continue reading »

Permian sees slowdown in drilling but increase in natural gas production

Production of unwanted natural gas is increasing the Permian Basin where new-well drilling activity is slowing. As a result of the glut of natural gas, profits are being undercut, putting more pressure from investors on the producers. As the wells age in the Permian, the production of natural gas increases while oil production slowly declines. …

Continue reading »

Congress fails to fund Mother Road tourism

When Congress took a break for Christmas and the New Year, it did so without more funding for the historic Route 66 that passes through Oklahoma and other states from Chicago to Los Angeles. As a result, cities and towns in Oklahoma and the other states through which the historic route passes will not get …

Continue reading »

Sierra Club to wage fight against Oklahoma’s oil and gas industry

The Oklahoma chapter of the Sierra Club is making it clear it will continue to wage a fight against the state’s oil and gas industry in the new year. In a message to club members aking for more money, Oklahoma Chapter President Johnson Bridgwater vowed his group will “be stepping up and pushing back against …

Continue reading »